16324 Rabat Way Punta Gorda, FL 33955
Burnt Store NeighborhoodEstimated Value: $34,000 - $93,000
0.29
Acre
$187,355
Price per Acre
12,632
Sq Ft Lot
Highlights
- Fishing
- Cul-De-Sac
- Community Playground
About This Lot
As of June 2024Create your spacious dream retreat on this residential cul-de-sac lot in Burnt Store Lakes. Public utilities at your fingertips provide seamless connectivity. Take advantage of a unique investment opportunity with adjacent lot being sold seperately for a total of .57 Acres (MLS#C7480055): construct a new custom-built home on one lot while reserving the other as a valuable investment. Alternatively, craft an expansive residence with pool spanning both lots, ensuring your vision knows no bounds. Enhancing your tranquility is a generous greenbelt that stretches behind the lots, imbuing your haven with unparalleled privacy. Community amenities such as "old Florida style" pavilions, picnic spots, and a playground nestled within the park. Glide your kayak or canoe on the tranquil waters of Bear Branch creek, and drift along the mangrove preserve of Charlotte Harbor. Positioned ideally between Punta Gorda to the north and Cape Coral/Ft. Myers to the south along Burnt Store Road, this community promises the best of both worlds. Plus, the allure of Burnt Store Marina, merely moments away, presents a gateway to culinary delights, golf, and a marina boasting 500 slips. Your Florida sanctuary awaits!
Last Agent to Sell the Property
MARINA PARK REALTY LLC Brokerage Phone: 941-205-2004 License #3344706 Listed on: 08/29/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $668
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 43x105x158x133
- Cul-De-Sac
- Cleared Lot
- Property is zoned RSF3.5
HOA Fees
- $37 Monthly HOA Fees
Schools
- East Elementary School
- Punta Gorda Middle School
- Charlotte High School
Listing and Financial Details
- Legal Lot and Block 7 / 874
- Assessor Parcel Number 422330428007
Community Details
Overview
- Burnt Store Lakes Property Owners Association, Phone Number (941) 639-5881
- Visit Association Website
- Burnt Store Lakes Community
- Punta Gorda Isles Sec 21 Subdivision
Recreation
- Community Playground
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2023
Closed on
Jun 5, 2024
Sold by
Cerezo Hilda
Bought by
Olson Robin and Olson Mary Clare
Seller's Agent
Cheryl Wood
MARINA PARK REALTY LLC
Buyer's Agent
Robbie Sifrit
MARINA PARK REALTY LLC
List Price
$48,000
Sold Price
$32,500
Premium/Discount to List
-$15,500
-32.29%
Total Days on Market
230
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,833
Avg. Annual Appreciation
65.50%
Similar Properties in Punta Gorda, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olson Robin | $65,000 | Hometown Title & Closing Servi |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2024 06/05/24 | Sold | $32,500 | -32.3% | -- |
| 04/16/2024 04/16/24 | Pending | -- | -- | -- |
| 08/29/2023 08/29/23 | For Sale | $48,000 | -- | -- |
Source: Stellar MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $721 | $34,000 | $34,000 | $0 |
| 2022 | $669 | $28,900 | $28,900 | $0 |
| 2021 | $532 | $8,500 | $8,500 | $0 |
| 2020 | $142 | $8,500 | $8,500 | $0 |
| 2019 | $566 | $11,050 | $11,050 | $0 |
| 2018 | $547 | $11,050 | $11,050 | $0 |
| 2017 | $544 | $11,900 | $11,900 | $0 |
| 2016 | $283 | $8,485 | $0 | $0 |
| 2015 | $149 | $7,714 | $0 | $0 |
| 2014 | $143 | $7,013 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cheryl Wood
Seller's Agent in 2024
Cheryl Wood
MARINA PARK REALTY LLC
(941) 815-8148
3 in this area
98 Total Sales
-
Robbie Sifrit
Buyer's Agent in 2024
Robbie Sifrit
MARINA PARK REALTY LLC
(941) 628-4761
70 in this area
1,342 Total Sales
Map
Source: Stellar MLS
MLS Number: C7480057
APN: 422330428007
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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