NOT LISTED FOR SALE

2001 Palaco Grande Pkwy Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $722,000 - $988,000

4 Beds
3 Baths
2,446 Sq Ft
$338/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $390,000 $159 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $5,412/month

82 Days on Market

Highlights

  • Boat Dock
  • Concrete Pool
  • No HOA
  • Cape Elementary School Rated A-
  • Home fronts a canal
  • Shutters

About This Home

As of April 2020

WOW! LOCATION, LOCATION, GREAT OPPORTUNITY FOR THE RIGHT BUYER, DIRECT SAILBOAT ACCESS. JUST A FEW MINUTES FROM THE RIVER, ON TO THE GULF OF MEXICO - SANIBEL & CAPTIVA ISLAND, 4 BEDROOMS, 3 BATH, KITCHEN, FLORIDA ROOM, FORMAL DINING AND LIVING ROOM, 2 CAR GARAGE, HUGE POOL WITH A DREAM VIEW, IN CLOSE LANAI, BOATERS, KEEP YOUR BOAT OUTBACK, CONCRETE DOCK. THIS PROPERTY IS FOR A BIG FAMILY, 2,446 SQ FT OF LIVING AREA, IN A PRESTIGIOUS PALACO GRANDE IN CAPE CORAL, ALL ASSESSMENTS PAID! THIS HOUSE NEEDS TLC (CARPET WAS REMOVE SINCE THE PICTURES WERE TAKEN), THIS PROPERTY WON'T LAST ON THE MARKET! MOTIVATED SELLER, JUST MAKE AN OFFER.

Last Agent to Sell the Property

Angie Mamian

Century 21 Selling Paradise License #252011869 Listed on: 12/19/2019

Century 21 Selling Paradise

Last Buyer's Agent

Capt. Shawn O'Brien

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,389

Year Built

  • Built in 1975

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80 x 120 x 80 x 120
  • Home fronts a canal
  • South Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,446 Sq Ft Home
  • 1-Story Property
  • Shutters
  • Display Windows
  • Open Floorplan
  • Concrete Flooring
  • Canal Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry Tub
  • Washer and Dryer Hookup

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 13 / 589
  • Assessor Parcel Number 05-45-24-C2-00589.0130

Community Details

Overview

  • No Home Owners Association
  • Association fees include cable TV, laundry
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,389

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.257
  • Lot Size: 80 x 120 x 80 x 120
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: DEL PRADO NORTH, RIGHT ON PALACIO GRANDE, U-TURN ON 22NDE AVE
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1975
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Electric Cooktop, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Concrete
  • Interior Amenities: Breakfast Bar, Closet Cabinetry, Dual Sinks, Family/Dining Room, Living/Dining Room, Pantry, Tub Shower, Cable TV, Walk-In Closet(s), Split Bedrooms
  • Living Area: 2446.0
  • Stories: 1
  • Window Features: Display Window(s), Shutters
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Concrete, In Ground
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Intersecting Canal
  • Waterfront: Yes
  • Disclosures: RV Restriction(s), Seller Disclosure
  • Construction Type: Brick, Block, Concrete, See Remarks
  • Direction Faces: South
  • Exterior Features: Outdoor Shower, Patio
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Tub
  • Security: None
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Laundry, None

Lot Info

  • Parcel #: 05-45-24-C2-00589.0130
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 6389.0
  • Tax Block: 589
  • Tax Lot: 13
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2019
Closed on
Apr 10, 2020
Sold by
Mercado Roberto and Mercado Manuel O
Bought by
Clifford Ian Edward and Clifford Kristen
Seller's Agent
Angie Mamian
Century 21 Selling Paradise
Buyer's Agent
Capt. Shawn O'Brien
List Price
$397,000
Sold Price
$390,000
Premium/Discount to List
-$7,000
-1.76%
Current Estimated Value
$816,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,940
Avg. Annual Appreciation
14.90%
Original Mortgage
$3,510,000
Outstanding Balance
$3,142,930
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
-$2,321,718
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
Clifford Ian Edward $390,000 Tropical Shells Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clifford Ian Edward $3,510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $390,000 -1.8% $159 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $397,000 0.0% $162 / Sq Ft
01/16/2014 01/16/14 Rented -- -- --
12/17/2013 12/17/13 Under Contract -- -- --
10/22/2013 10/22/13 For Rent -- -- --
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 $11,527 $628,691 -- --
2023 $11,527 $571,537 $0 $0
2022 $10,064 $519,579 $0 $0
2021 $8,380 $448,097 $305,081 $143,016
2020 $6,850 $346,426 $241,000 $105,426
2019 $6,591 $334,308 $234,100 $100,208
2018 $6,389 $315,738 $215,000 $100,738
2017 $6,752 $337,544 $190,000 $147,544
2016 $6,144 $294,280 $191,671 $102,609
2015 $4,211 $296,902 $191,691 $105,211
2014 -- $314,000 $187,090 $126,910
2013 -- $292,286 $151,939 $140,347
Source: Public Records

Agents Affiliated with this Home

  • Angie Mamian

    Seller's Agent in 2020

    Angie Mamian

    Century 21 Selling Paradise

    (239) 297-6540

    3 in this area

    101 Total Sales

    Section Image

  • C

    Buyer's Agent in 2020

    Capt. Shawn O'Brien

  • M

    Buyer's Agent in 2020

    Mark O'Brien

    Fort Myers Realty, Inc

    (239) 989-3220

    4 in this area

    10 Total Sales

    Section Image

  • R

    Seller's Agent in 2014

    Robert Mahan

    Century 21 Selling Paradise

    (239) 541-5577

    1 in this area

    32 Total Sales

    Section Image

  • T

    Buyer's Agent in 2014

    Thomas Cary

    Berkshire Hathaway Florida

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219083374

Florida Gulf Coast Multiple Listing Service

APN: 05-45-24-C2-00589.0130

Florida Lee County Cape Coral 33904 Caloosahatchee

2001 Palaco Grande Pkwy, Cape Coral, FL

This home is located at 2001 Palaco Grande Pkwy, Cape Coral, FL 33904 since 19 December 2019 and is currently estimated at $825,801, approximately $337 per square foot. This property was built in 1975. 2001 Palaco Grande Pkwy is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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