NOT LISTED FOR SALE

166 Chapel St Fort Myers Beach, FL 33931

Estimated Value: $952,000

0.34 Acre
$2,822,413 Price per Acre
14,693 Sq Ft Lot

Last Sold March 15, 2022

Last sale price $1,000,000 $1,323 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,983/month

21 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Canal View
  • Fort Myers Beach Elementary School Rated A-

About This Lot

As of March 2022

Rare opportunity to purchase ver deep gulf access lot at the north end of Fort Myers Beach. Great for weekly vacation rental. Listing is for:
166 CHAPEL ST: SEAGRAPE SUBD BLK B PB 4 PG 17 LOT 9 + HILLS T P SUB PB 3 PG 84 POR LOT 31
And HILLS T.P.SUBD. OR 355 P 98 PB 3 PG 84 Zoned RM

Last Agent to Sell the Property

Phillip Serna

Coldwell Banker Realty License #258026667 Listed on: 01/22/2022

Coldwell Banker Realty

Last Buyer's Agent

Phillip Serna

Coldwell Banker Realty License #258026667 Listed on: 01/22/2022

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,760

Lot Details

  • 0.34 Acre Lot
  • Waterfront
  • East Facing Home
  • Irregular Lot
  • Property is zoned RM-2

Property Views

  • Canal Views

Listing and Financial Details

  • Legal Lot and Block 9 / B
  • Assessor Parcel Number 19-46-24-W3-0120B.0090

Community Details

Overview

  • Seagrape Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$5,760

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.3373
  • Road Surface Type: Paved
  • Subdivision Name: SEAGRAPE
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Irregular Lot, See Remarks
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: East

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 19-46-24-W3-0120B.0090
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5760.0
  • Tax Block: B
  • Tax Lot: 9
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Mar 15, 2022
Sold by
Zeng and Donghe
Bought by
Town Of Fort Myers Beach
Seller's Agent
Phillip Serna
Coldwell Banker Realty
Buyer's Agent
Phillip Serna
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Current Estimated Value
$952,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,000
Avg. Annual Appreciation
-1.35%

Purchase Details

Closed on
May 4, 2021
Sold by
Tan Zeng Development Llc
Bought by
Zeng Gordon and Zeng Donghe

Purchase Details

Closed on
Aug 1, 2019
Sold by
Zeng Gordon
Bought by
Tan Zeng Development Llc

Purchase Details

Listed on
Nov 18, 2014
Closed on
Mar 27, 2015
Sold by
Hurt George Cralle
Bought by
Zeng Gordon
Seller's Agent
Clint Perkins
Buyer's Agent
Clint Perkins
List Price
$650,000
Sold Price
$530,000
Premium/Discount to List
-$120,000
-18.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$371,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Town Of Fort Myers Beach $1,000,000 None Listed On Document
Zeng Gordon $100 None Listed On Document
Tan Zeng Development Llc -- Attorney
Zeng Gordon $530,000 Omega Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zeng Gordon $371,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2022 03/15/22 Sold $1,000,000 -16.7% $1,323 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $1,200,000 +126.4% $1,587 / Sq Ft
03/27/2015 03/27/15 Sold $530,000 -18.5% $701 / Sq Ft View Prior Sale
02/25/2015 02/25/15 Pending -- -- --
11/18/2014 11/18/14 For Sale $650,000 -- $860 / 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
2025 -- $535,100 $535,100 --
2024 -- $535,100 $535,100 --
2023 $0 $0 $0 $0
2022 $7,456 $464,100 $464,100 $0
2021 $6,385 $464,100 $464,100 $0
2020 $5,760 $390,000 $390,000 $0
2019 $5,802 $390,000 $390,000 $0
2018 $5,728 $390,000 $390,000 $0
2017 $5,935 $445,498 $445,498 $0
2016 $5 $340 $340 $0
2015 $5,847 $493,782 $395,505 $98,277
2014 $5,309 $438,110 $395,505 $42,605
2013 -- $205,259 $172,600 $32,659
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Phillip Serna

    Coldwell Banker Realty

    (239) 692-4280

    2 in this area

    164 Total Sales

    Phillip Serna
    Section Image

  • C

    Seller's Agent in 2015

    Clint Perkins

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222005267

Florida Gulf Coast Multiple Listing Service

APN: 19-46-24-W3-0120B.0090

Florida Lee County Fort Myers Beach 33931

166 Chapel St, Fort Myers Beach, FL

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