$197,208 - $222,000
RENTED MAR 28, 2025

1518 SW 50th St Unit 203 Cape Coral, FL 33914

Pelican Neighborhood
2 Beds
2 Baths
1,096 Sq Ft
1 Acres

Highlights

  • Fitness Center
  • 1 Acre Lot
  • Community Pool
  • Cape Elementary School Rated A-
  • Wood Flooring
  • Elevator

About This Home

As of March 2025

I have lived a mile from this unit for 16 years and never knew this hidden gated community existed. First class all the way. Neat clean well maintained development. This second floor unit is tucked in back of development for added privacy. Easy parking, close to Cape Harbor, Publix and Walgreens. I love it and you will too. Check out the private classy enclosed 2nd floor courtyard that offers an air conditioned private entrance for you and your three neighbors. This will be rented in days so hurry up already and call. Sorry no pets

Last Agent to Rent the Property

Kevin Haag

Douglas Realty & Development License #252000684 Listed on: 01/29/2025

Last Renter's Agent

Kevin Haag

Douglas Realty & Development License #252000684 Listed on: 01/29/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,425

Year Built

  • Built in 2004

Lot Details

  • 1

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,096 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,500
  • Long Term Lease
  • Legal Lot and Block 203 / 2306
  • Assessor Parcel Number 15-45-23-C1-02306.0203

Community Details

Overview

  • 12 Units
  • Cape Coral Subdivision

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,425

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Lease Term: Long Term
  • Tenant Pays: See Remarks
  • Security Deposit: 1500.0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 1.0
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Other, Two Story, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise
  • Year Built: 2004
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: ,,,
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Owner Pays: See Remarks
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Interior Amenities: Other
  • Living Area: 1096.0
  • Dining Room Type: Other
  • Stories: 3

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s)
  • Exterior Features: Other

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Elevator, Non-Gated
  • Senior Community: No
  • Amenities: Fitness Center, Other, Pool
  • Pets Allowed: No

Lot Info

  • Parcel #: 15-45-23-C1-02306.0203
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Block: 2306
  • Tax Lot: 203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2005
Sold by
Sausa Joanna C
Bought by
Salha Vinnette
Current Estimated Value
$207,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 28, 2005
Sold by
Harbour Development Llc
Bought by
Sausa Joanna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,700
Interest Rate
5.62%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salha Vinnette $255,000 Platinum Land Title Agency I
Sausa Joanna C $145,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Salha Vinnette $255,000
Previous Owner Sausa Joanna C $116,700
Closed Sausa Joanna C $14,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2025 03/28/25 Rented -- -- --
01/29/2025 01/29/25 For Rent $1,495 -3.5% --
01/02/2024 01/02/24 Rented -- -- --
11/16/2023 11/16/23 Price Changed $1,550 -6.1% $1 / Sq Ft
11/10/2023 11/10/23 Price Changed $1,650 -5.7% $2 / Sq Ft
10/13/2023 10/13/23 For Rent $1,750 +45.8% --
11/11/2019 11/11/19 For Rent -- -- --
11/11/2019 11/11/19 Rented -- -- --
06/12/2017 06/12/17 For Rent -- -- --
06/12/2017 06/12/17 Rented -- -- --
05/13/2016 05/13/16 For Rent $1,200 -- --
05/13/2016 05/13/16 Rented -- -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,425 $158,189 -- $158,189
2024 $3,425 $175,803 -- --
2023 $3,429 $159,821 $0 $0
2022 $2,971 $145,292 $0 $0
2021 $2,591 $132,084 $0 $132,084
2020 $2,460 $120,318 $0 $120,318
2019 $2,447 $120,318 $0 $120,318
2018 $2,615 $126,778 $0 $126,778
2017 $2,540 $128,393 $0 $128,393
2016 $2,364 $118,025 $0 $118,025
2015 $2,283 $116,700 $0 $116,700
2014 $2,018 $96,100 $0 $96,100
2013 -- $90,300 $0 $90,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225011542

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C1-02306.0203