NOT LISTED FOR SALE

1751 Ludlow Rd Marco Island, FL 34145

Estimated Value: $2,764,344 - $5,447,000

0.5 Acre
$8,327,172 Price per Acre
21,780 Sq Ft Lot

Last Sold June 01, 2020

Last sale price $1,800,000 $280 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $21,787/month

243 Days on Market

Highlights

  • Home fronts a seawall
  • Water access To Gulf or Ocean
  • No HOA
  • Tommie Barfield Elementary School Rated A
  • Bay View

About This Lot

As of June 2020

Incredible opportunity for one of the best view lots available in the desirable Estate section of Marco Island. This beautiful half-acre, southern exposure lot sits right on Fredericks Bay with deep water, 125 of direct access frontage, new seawall in 2017 with immediate access to Caxambas Pass, Gulf of Mexico, awesome fishing and exploring our beautiful backwaters and 10,000 Islands. What makes this lot so special is the unique opportunity to buy the adjoining bayfront lot at 1761 Ludlow Rd. MLS 2192072 (Block 408, Lot 3) for an expansive home-build, added privacy and additional 125' of water frontage. List price for both lots together is $4,150,000. There arent too many opportunities left on Marco Island for a double-lot!

Last Agent to Sell the Property

James Prange

Premier Sotheby's International Realty License #0313775 Listed on: 09/12/2019

Premier Sotheby's International Realty

Last Buyer's Agent

William G Reiman

William Raveis Real Estate License #3260549

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,487

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 125x175x125x175
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor

Property Views

  • Bay Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 408
  • Assessor Parcel Number 58109320002

Community Details

Overview

  • No Home Owners Association
  • Marco Island Community
  • Marco Beach Unit 13 Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay

Property Details

Property Type

Land

Est. Annual Taxes

$15,487

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Lot
  • Lot Size Acres: 0.5
  • Lot Size: 125x175x125x175
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Subdivision Name: Marco Beach Unit 13
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Water Direct
  • Location Tax and Legal:Parcel Number: 58109320002
  • Location Tax and Legal:Tax Annual Amount: 15487.0
  • Location Tax and Legal:Tax Year: 2019
  • General Property Information:HOA YN: No
  • Location Tax and Legal:Tax Block: 408
  • Location Tax and Legal:Tax Lot: 2
  • General Property Information:Lot Size Dimensions: 125x175x125x175
  • General Property Information:Acres: 0.5
  • Water Source:Public: Yes
  • General Property Information:Land Lease YN2: No
  • Road Surface:Paved: Yes
  • Utilities:Cable Available3: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Phone Line: Yes
  • View:Long Water2: Yes
  • View:Wide Water2: Yes
  • View:Bay2: Yes
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Build To Suit

Exterior Features

  • Lot Features: See Remarks, Mid Street Location
  • View: Bay, Long Water, Wide Water
  • Waterfront Features: Bay Front, No Bridge, Seawall, Access Gulf
  • Waterfront: Yes
  • Lot Features:Mid Street Location: Yes
  • Lot Features:See Remarks10: Yes
  • Waterfront Features:Bay Front: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Access Gulf: Yes
  • Waterfront Features:No Bridge: Yes

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 58109320002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15487.0
  • Tax Block: 408
  • Tax Book Number: 5404
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
May 31, 2020
Sold by
Templeton Holdings Llc
Bought by
Morys Marian and Morys Jolanta
Seller's Agent
James Prange
Premier Sotheby's International Realty
Buyer's Agent
William G Reiman
William Raveis Real Estate
List Price
$2,300,000
Sold Price
$1,800,000
Premium/Discount to List
-$500,000
-21.74%
Current Estimated Value
$3,626,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,826,799
Avg. Annual Appreciation
17.21%

Purchase Details

Listed on
Feb 20, 2017
Closed on
Jun 12, 2017
Sold by
Higgins Todd Mbr and Kbt Of Fl Llc
Bought by
Templeton Holdings Llc
Seller's Agent
Larry Caruso
Premier Sotheby's International Realty
Buyer's Agent
Leonard Bubri
Marco Realty Associates LLC
List Price
$3,450,000
Sold Price
$3,000,000
Premium/Discount to List
-$450,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.70%
Interest Rate
3.89%

Purchase Details

Listed on
Oct 9, 2016
Closed on
Oct 31, 2016
Sold by
Ridenour Belle and Ridenour Robert
Bought by
Kbt Of Florida Llc
Seller's Agent
Kathleen Bogan
Premiere Plus Realty Company
Buyer's Agent
Of Realtors 08-Naples Area Board
Local Associations
List Price
$3,300,000
Sold Price
$3,000,000
Premium/Discount to List
-$300,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Sep 27, 1993
Sold by
Katz Marvin and Katz Margaret
Bought by
Ridenour Ralph and Ridenour Belle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,046,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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Average Value
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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
Morys Marian $1,800,000 Attorney
Templeton Holdings Llc $2,100,000 --
Kbt Of Florida Llc $3,000,000 None Available
Ridenour Ralph $1,307,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morys Marian $2,330,000
Previous Owner Ridenour Ralph --
Previous Owner Ridenour Ralph G $1,450,000
Previous Owner Ridenour Ralph $1,200,000
Previous Owner Ridenour Ralph $2,400,000
Previous Owner Ridenour Ralph $1,046,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Sold $1,800,000 -21.7% $280 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
09/12/2019 09/12/19 For Sale $2,300,000 -23.3% $357 / Sq Ft
06/06/2017 06/06/17 Sold $3,000,000 -13.0% $466 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $3,450,000 +15.0% $536 / Sq Ft
11/01/2016 11/01/16 Sold $3,000,000 -9.1% $741 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $3,300,000 -- $815 / Sq Ft
Source: Marco Island Area Association of REALTORS®

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 $26,144 $2,092,893 -- --
2023 $26,144 $1,902,630 $0 $0
2022 $22,116 $1,729,664 $0 $0
2021 $17,209 $1,590,408 $1,570,623 $19,785
2020 $12,098 $1,124,116 $1,105,000 $19,116
2019 $14,457 $1,318,465 $1,300,000 $18,465
2018 $15,487 $1,408,746 $1,391,000 $17,746
2017 $14,955 $1,343,296 $1,326,000 $17,296
2016 $24,213 $2,167,964 $0 $0
2015 $24,716 $2,152,894 $0 $0
2014 $24,797 $2,085,808 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2192071

APN: 58109320002