$490,000
SOLD MAR 5, 2015

162 Tropical Shore Way Fort Myers Beach, FL 33931

4 Beds
4 Baths
2,500 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$196 Per Sq Ft

2% Below List Price

80 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Deck
  • Fort Myers Beach Elementary School Rated A-
  • Canal Access
  • Patio

About This Home

As of February 2021

YOUR OPPORTUNITY TO OWN A FULL SIZED WATERFRONT HOME AND TWO ONE BEDROOM APARTMENTS WHICH CAN BE RENTED WEEKLY, MONTHLY OR ANNUALLY. INCLUDED ARE TWO BOAT LIFTS AND GULF OF MEXICO ACCESS JUST FIVE MINUTES FROM THE FORT MYERS BEACH SKY BRIDGE. THIS PROPERTY HAS A LARGE PAVER BRICKED BACK YARD TO ENJOY AS IT IS AND STILL ROOM FOR A POOL. ALTHOUGH THE PROPERTY IS OCCUPIED, IT IS EASY TO SHOW WITH ONE DAY'S NOTICE. THIS IS THE MOST ATTRACTIVELY PRICED RESIDENTIAL INCOME WATERFRONT PROPERTY ON FORT MYERS BEACH.

Last Agent to Sell the Property

Bob Brown

Fort Myers Beach Realty License #258000267 Listed on: 11/14/2014

Co-Listed By

Krystyna Brown

Fort Myers Beach Realty License #258000857

Last Buyer's Agent

Trish Hickey

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,402

Year Built

  • Built in 1968

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 75 x 110 x 75 x 110
  • Home fronts a seawall
  • Home fronts navigable water
  • Fenced
  • Rectangular Lot

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Canal Access
  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 43 / 451
  • Assessor Parcel Number 19-46-24-W3-00451.0430

Community Details

Overview

  • 3 Units
  • Hills T.P. Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,402

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Lot Size: 75 x 110 x 75 x 110
  • Road Surface Type: Paved
  • Co List Office Mls Id: FREM
  • Co List Office Phone: (239) 489-0444
  • Subdivision Name: HILLS T.P.
  • Directions: Estero Blvd to Tropical Shore Way, On right side of street.
  • Architectural Style: Other, Ranch, One Story
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built: 1968
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Window Features: Sliding, See Remarks

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Disclosures: Seller Disclosure, See Remarks
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Deck, Fence, Patio, Room For Pool, Storage
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: See Remarks

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Ceiling Fan(s), Electric, See Remarks
  • Cooling Y N: Yes
  • Heating: Central, Electric, See Remarks
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: Laundry, See Remarks, Storage
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 19-46-24-W3-00451.0430
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4402.0
  • Tax Block: 451
  • Tax Lot: 43
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Unique Dreams Unlimited Llc
Bought by
Ff Investorco Grantor Trust and Us Bank Trust

Purchase Details

Closed on
Feb 13, 2023
Sold by
162 Tropical Shores Way Llc
Bought by
Unique Dreams Unlimited Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,245,000
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 28, 2020
Closed on
Feb 24, 2021
Sold by
Lichtenwalter Eric and Lichtenwalter Debora
Bought by
162 Tropical Shores Way Llc
Seller's Agent
Jane Plummer
Fort Myers Beach Realty
Buyer's Agent
Jane Plummer
List Price
$725,000
Sold Price
$684,900
Premium/Discount to List
-$40,100
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%

Purchase Details

Listed on
Nov 14, 2014
Closed on
Mar 4, 2015
Sold by
Keagle Calvin
Bought by
Lichtenwalter Eric and Lichtenwalter Debora
Seller's Agent
Bob Brown
Fort Myers Beach Realty
Buyer's Agent
Trish Hickey
List Price
$499,800
Sold Price
$490,000
Premium/Discount to List
-$9,800
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$245,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2008
Sold by
Keagle Calvin
Bought by
Keagle Calvin and The Calvin Keagle Living Trust

Purchase Details

Closed on
Apr 25, 2007
Sold by
Keagle Calvin
Bought by
Keagle Calvin and Keagle Calvin Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2004
Sold by
Halloran Gerald and Halloran Geraldine
Bought by
Keagle Calvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.12%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Certificate Of Transfer $700,100 --
Warranty Deed $1,739,000 First American Title
Warranty Deed $684,900 Attorney
Warranty Deed $490,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Oxford Title & Escrow Inc
Warranty Deed $490,000 Accent Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,245,000 Credit Line Revolving
Previous Owner $245,000 Commercial
Previous Owner $98,000 Future Advance Clause Open End Mortgage
Previous Owner $450,000 Commercial
Previous Owner $50,000 Credit Line Revolving
Previous Owner $392,000 Commercial
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Price Changed $799,900 -3.0% --
05/03/2025 05/03/25 Price Changed $824,900 -2.9% --
03/31/2025 03/31/25 For Sale $849,900 +24.1% --
02/25/2021 02/25/21 Sold $684,900 -5.5% $274 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
11/28/2020 11/28/20 For Sale $725,000 +48.0% $290 / Sq Ft
03/05/2015 03/05/15 Sold $490,000 -2.0% $196 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
11/14/2014 11/14/14 For Sale $499,800 -- $200 / Sq Ft
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
2024 $16,205 $1,137,880 $1,113,430 $20,612
2023 $10,565 $699,904 $467,916 $203,486
2022 $12,732 $852,470 $501,262 $351,208
2021 $7,148 $573,521 $485,114 $88,407
2020 $7,341 $506,656 $0 $0
2019 $6,914 $451,339 $0 $0
2018 $6,669 $439,442 $0 $0
2017 $7,041 $457,055 $338,800 $118,255
2016 $7,129 $457,605 $348,762 $108,843
2015 $3,950 $384,201 $344,177 $40,024
2014 $4,611 $353,303 $205,760 $147,543
2013 -- $297,994 $198,152 $99,842
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214061652

Florida Gulf Coast Multiple Listing Service

APN: 19-46-24-W3-00451.0430