NOT LISTED FOR SALE

16751 Palm Beach Blvd Alva, FL 33920

Estimated Value: $218,000 - $1,181,000

22.07 Acres
$36,173 Price per Acre
961,369 Sq Ft Lot

Last Sold May 13, 2020

Last sale price $594,000

Est. 34% increase in value since last sale

Current estimated payment $4,412/month

882 Days on Market

Highlights

  • Horses Allowed On Property
  • Fenced Yard
  • Pasture
  • 22.07 Acre Lot
  • Oversized Lot

About This Lot

As of May 2020

A GREAT DEVELOPMENT OPPORTUNITY! 22 ACRES With 1,150 +/- Frontage on SR HWY 80 with direct access from SR 80. Current Land Use is Rural which allows one home per acre without rezoning. Will allow Alpacas, Horses, Cows and other Animals without rezoning. Has 1,142 feet of frontage on Palm Beach Blvd. Across from Hickey Creek Road. This property has been a Vegetables farm for the past 20 years. The property includes a 3,825 sq ft pole barn with utilities, plus a 1,200 sq ft cooler. There is also a 2005 Manufactured Home with 1,795 sq ft of living area with central heat and air. There is a well and septic system for the manufactured home plus an additional well and pump for the irrigation system. All of the 22 acres is fenced. Possible Commercial Rural (CR) for commercial services, businesses, etc. Only 15 minutes to the Historic town of LaBelle, known for its country architecture, citrus, farms and Swamp Cabbage Festival. And there is also a Walmart Supercenter in Labelle. Strong commercial and residential growth area with numerous residential communities in planning SELLER IS MOTIVATED!!!

Last Agent to Sell the Property

Roger Watkins

Schooner Bay Realty, Inc. License #258000414 Listed on: 11/12/2017

Last Buyer's Agent

Kelly Barnes

Realty Executives of SWFL License #258021646

Realty Executives of SWFL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,058

Lot Details

  • 22.07 Acre Lot
  • Lot Dimensions are 1143 x 851 x 1132 x 847
  • South Facing Home
  • Fenced Yard
  • Oversized Lot
  • Cleared Lot
  • Property is zoned AG-2

Utilities

  • Well
  • Septic Tank
  • Phone Available

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • Acreage Subdivision

Listing and Financial Details

  • Tax Block 10
  • Assessor Parcel Number 23-43-26-00-00010.0000

Property Details

Property Type

Land

Est. Annual Taxes

$2,058

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 22.07
  • Lot Size: 1143 x 851 x 1132 x 847
  • Road Surface Type: Paved
  • Subdivision Name: ACREAGE
  • Directions: From I-75 and Palm Beach Blvd. in Ft. Myers, go East for approx. 15 Miles, From downtown LaBelle, W on SR 80 approx 17 miles. Property on the North side of Palm Beach Blvd. (SR 80) Access to the property is directly across the road from Hickey Creek Rd
  • Property Sub Type Additional: Unimproved Land,Acreage
  • Special Features: None

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cleared, Oversized Lot, Pasture, See Remarks, Acreage
  • View: Partial Buildings
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Direction Faces: South

Utilities

  • Cooling: See Remarks
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available, Trash Collection
  • Water Source: Well

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Agricultural
  • Horse Amenities: Horses Allowed
  • Parcel #: 23-43-26-00-00010.0000
  • Zoning Description: AG-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2058.0
  • Tax Block: 10
  • Tax Lot: N/A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2017
Closed on
May 13, 2020
Sold by
Ritchey Robert
Bought by
P & T Farms Llc
Seller's Agent
Roger Watkins
Schooner Bay Realty, Inc.
Buyer's Agent
Kelly Barnes
Realty Executives of SWFL
List Price
$800,000
Sold Price
$594,000
Premium/Discount to List
-$206,000
-25.75%
Current Estimated Value
$798,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,349
Avg. Annual Appreciation
5.32%
Original Mortgage
$445,500
Outstanding Balance
$311,617
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$486,732

Purchase Details

Closed on
Dec 30, 2013
Sold by
Ritchey Robert and Ritchey Gidget
Bought by
Ritchey Robert

Purchase Details

Closed on
Oct 9, 2013
Sold by
Ritchey Erica
Bought by
Ritchey Robert and Ritchey Gidget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 1999
Sold by
Ritchey Ronald M and Ritchey Betty A
Bought by
Ritchey Ronald M

Purchase Details

Closed on
Sep 5, 1996
Sold by
Carter Tally Gene
Bought by
Ritchey Ronald M and Ritchey Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
8.17%

Purchase Details

Closed on
Aug 12, 1996
Sold by
Carter Tally Gene
Bought by
Puglia Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
8.17%
Source: Public Records
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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
P & T Farms Llc $594,000 Old Florida Title
Ritchey Robert -- Attorney
Ritchey Robert $200,000 Attorney
Ritchey Ronald M -- --
Ritchey Ronald M $88,000 --
Ritchey Ronald M -- --
Ritchey Ronald M -- --
Ritchey Ronald M -- --
Puglia Sam $250,000 --
Puglia Sam -- --
Puglia Sam -- --
Puglia Sam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open P & T Farms Llc $445,500
Previous Owner Ritchey Robert $200,000
Previous Owner Ritchey Ronald M $53,000
Previous Owner Puglia Sam $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2020 05/13/20 Sold $594,000 -25.8% --
04/13/2020 04/13/20 Pending -- -- --
11/12/2017 11/12/17 For Sale $800,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

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 $3,105 $222,392 -- --
2024 $2,979 $207,232 -- --
2023 $2,979 $196,454 $0 $0
2022 $3,026 $202,451 $0 $0
2021 $2,848 $186,605 $0 $0
2020 $1,947 $152,480 $74,668 $77,812
2019 $2,331 $183,617 $0 $0
2018 $2,109 $167,643 $0 $0
2017 $2,058 $159,990 $70,850 $89,140
2016 $2,153 $200,206 $79,249 $120,957
2015 $1,875 $142,593 $61,415 $81,178
2014 $1,860 $138,049 $61,432 $76,617
2013 -- $104,357 $44,113 $60,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217069492

Florida Gulf Coast Multiple Listing Service

APN: 23-43-26-00-00010.0000