NOT LISTED FOR SALE

2005 Palaco Grande Pkwy Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $1,318,000 - $1,755,000

0.39 Acre
$3,983,349 Price per Acre
16,988 Sq Ft Lot

Last Sold April 15, 2016

Last sale price $371,500 $93 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $9,206/month

321 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Oversized Lot

About This Lot

As of April 2016

$40,000 PRICE REDUCTION! PRICED TO SELL!!! OVERSIZED THREE LOT SITE LOCATED DIRECTLY ON THE INTERSECTION OF THE DEL MAR & SWAN CANALS, 120 FEET OF WATER FRONTAGE TO ACCOMMODATE LARGE YACHTS OR MULTIPLE BOATS, DEEP WATER, DIRECT SAILBOAT ACCESS WITH NO BRIDGE RESTRICTIONS & NO BOAT LOCK TO GO THROUGH, 2-3 MINUTES TO THE RIVER, WIDE WATER VIEWS, SEAWALL & CONCRETE DOCK IN PLACE, CLEARED & READY TO BUILD! What more could you ask for? Well, how about the fact that the old home was torn down and all of the impact fees have already been paid and will not need to be paid again when a new home is constructed. This will save close to $15,000 of dollars off of the cost of construction! Buy the lot to build now or hold as an investment for the future. Home and Lot Packages are also available for someone looking to build today. Contact list agent for details and pricing. Don’t let this one slip away! Secure your “Piece of Paradise” today! MOTIVATED SELLER WANTS OFFERS!

Last Agent to Sell the Property

Terry Mell Pa

Miloff Aubuchon Realty Group License #252010912 Listed on: 04/29/2015

Miloff Aubuchon Realty Group

Last Buyer's Agent

Brenda Cole

RE/MAX Nautical Realty License #252000086

RE/MAX Nautical Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,674

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 120 x 140 x 120 x 140
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • South Facing Home
  • Oversized Lot
  • Cleared Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Underground Utilities
  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10-12 / 589
  • Assessor Parcel Number 05-45-24-C2-00589.0100

Community Details

Overview

  • Palaco Grande Subdivision

Recreation

  • Boat Dock
  • Canal Access
  • Waterfront Basin

Property Details

Property Type

Land

Est. Annual Taxes

$4,674

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.39
  • Lot Size: 120 x 140 x 120 x 140
  • Road Surface Type: Paved
  • Subdivision Name: PALACO GRANDE
  • Directions: Driving North on Del Prado turn right on Palaco Grande Pkwy, lot will be on your left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Multiple lots, Oversized Lot
  • View: Canal, Landscaped
  • View: Yes
  • Waterfront Features: Basin, Canal Access, Intersecting Canal, Navigable Water, Seawall
  • Waterfront: Yes
  • Direction Faces: South

Utilities

  • Sewer: Assessment Paid, Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Home Owners Association, Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 05-45-24-C2-00589.0100
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4674.0
  • Tax Block: 589
  • Tax Lot: 10-12
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2019
Sold by
Botana Philip C
Bought by
Botana Philip C and Philip C Botana Revocable Trust
Current Estimated Value
$1,546,313

Purchase Details

Listed on
Apr 29, 2015
Closed on
Apr 15, 2016
Sold by
La Developments Llc
Bought by
Botana Philip C and Waidzunas Sharyn L
Seller's Agent
Terry Mell Pa
Miloff Aubuchon Realty Group
Buyer's Agent
Brenda Cole
RE/MAX Nautical Realty
List Price
$469,900
Sold Price
$371,500
Premium/Discount to List
-$98,400
-20.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%

Purchase Details

Closed on
Dec 17, 2013
Sold by
Kosbab Paul
Bought by
La Developments Llc

Purchase Details

Closed on
Jun 19, 2013
Sold by
Wells Fargo Bank Na
Bought by
Kosbab Paul

Purchase Details

Closed on
Apr 23, 2013
Sold by
Pletincks Huguette G
Bought by
Wells Fargo Bank Na
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
Botana Philip C -- Accommodation
Waidzunas Sharyn L -- Accommodation
Botana Philip C $371,500 Old Florida Title
La Developments Llc -- None Available
Kosbab Paul $351,000 Century Title Closing & Escr
Wells Fargo Bank Na $390,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pletincks Ii John R $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $371,500 -20.9% $93 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
04/29/2015 04/29/15 For Sale $469,900 -- $118 / 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
2024 $12,004 $750,438 -- --
2023 $12,004 $728,581 $0 $0
2022 $11,470 $707,360 $0 $0
2021 $12,038 $859,919 $330,688 $529,231
2020 $12,325 $677,275 $0 $0
2019 $12,009 $662,048 $0 $0
2018 $12,053 $649,704 $0 $0
2017 $5,972 $298,938 $293,526 $5,412
2016 $4,564 $223,912 $223,912 $0
2015 $4,674 $223,912 $223,912 $0
2014 -- $218,162 $218,162 $0
2013 -- $458,796 $190,269 $268,527
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Terry Mell Pa

    Miloff Aubuchon Realty Group

    (239) 823-0442

    5 in this area

    118 Total Sales

    Section Image
  • Brenda Cole

    Buyer's Agent in 2016

    Brenda Cole

    RE/MAX

    (239) 841-4663

    27 in this area

    132 Total Sales

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215026373

Florida Gulf Coast Multiple Listing Service

APN: 05-45-24-C2-00589.0100

Florida Lee County Cape Coral 33904 Caloosahatchee

2005 Palaco Grande Pkwy, Cape Coral, FL

This home is located at 2005 Palaco Grande Pkwy, Cape Coral, FL 33904 since 29 April 2015 and is currently estimated at $1,553,506, approximately $388 per square foot. 2005 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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