NOT LISTED FOR SALE

Estimated Value: $152,000 - $264,000

1.01 Acres
$205,678 Price per Acre
44,170 Sq Ft Lot

Last Sold March 28, 2023

Last sale price $185,000

Est. 13% increase in value since last sale

Current estimated payment $1,166/month

39 Days on Market

About This Lot

As of March 2023

This is a 1 acre+ lot zoned Multi-Family with City Water and Sewer. This Investor Dream Property allows you to Build 10 Multi-family units or 15 affordable housing units. Per Lee County Zoning: the Central Urban future land use category is 10 dwelling units per acre. The subject property contains 44,170 SF which equates to 1.01 acres. 1.01 acres x 10 dwelling units = 10 dwelling units or If you are constructing affordable housing units, you could apply for bonus density to allow up to 15 dwelling units per acre!
Property consists of lots 1 and 2, could possibly be split into two separate lots with 5 dwellings each. This is an amazing investment opportunity, with many possibilities! Also, the property is just north of Leeland Height Blvd, which is a central location in Lehigh Acres, perfect for rental properties.

Last Agent to Sell the Property

Brian Barnhart

Gulf Gateway Realty, Inc. License #258011575 Listed on: 02/16/2023

Last Buyer's Agent

Kate Flynn

Armada Real Estate, Inc. License #258031978

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $481

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 210 x 209 x 212 x 210
  • West Facing Home
  • Oversized Lot
  • Property is zoned RM-2

Utilities

  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Community Details

  • Lehigh Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 21
  • Assessor Parcel Number 33-44-27-07-00021.0010

Property Details

Property Type

Land

Est. Annual Taxes

$481

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.014
  • Lot Size: 210 x 209 x 212 x 210
  • Subdivision Name: LEHIGH ACRES
  • Directions: E 3rd st to south on Higland
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: West

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 33-44-27-07-00021.0010
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 481.32
  • Tax Block: 21
  • Tax Lot: 1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 28, 2023
Sold by
Barnhart Brian W
Bought by
Leedev Holdings Llc
Seller's Agent
Brian Barnhart
Gulf Gateway Realty, Inc.
Buyer's Agent
Kate Flynn
Armada Real Estate, Inc.
List Price
$197,000
Sold Price
$185,000
Premium/Discount to List
-$12,000
-6.09%
Views
77
Current Estimated Value
$208,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,557
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Jan 26, 2023
Sold by
Forbes Leonard W
Bought by
Barnhart Brian W

Purchase Details

Closed on
Sep 19, 2012
Sold by
Wood Christopher
Bought by
Wood Christopher P and Christopher P Wood Revocable Trust

Purchase Details

Closed on
Jan 24, 2012
Sold by
Wood Christopher P
Bought by
Forbes Leonard W

Purchase Details

Closed on
Sep 2, 2004
Sold by
Florida International Business Corp
Bought by
Wood Christopher and Wood Barbara Lee
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
Leedev Holdings Llc $185,000 Elite Title
Barnhart Brian W $42,500 Elite Title
Wood Christopher P -- Attorney
Forbes Leonard W $10,500 Florida Title One Llc
Wood Christopher $69,900 Tradewinds Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $185,000 -6.1% --
02/16/2023 02/16/23 For Sale $197,000 -- --
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 $860 $44,883 -- --
2024 $614 $40,803 $40,803 --
2023 $614 $12,862 $0 $0
2022 $541 $11,693 $0 $0
2021 $481 $18,000 $18,000 $0
2020 $474 $17,000 $17,000 $0
2019 $290 $11,000 $11,000 $0
2018 $267 $10,400 $10,400 $0
2017 $254 $9,125 $9,125 $0
2016 $225 $7,500 $7,500 $0
2015 $210 $6,000 $6,000 $0
2014 $209 $6,000 $6,000 $0
2013 -- $6,400 $6,400 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223012868

Florida Gulf Coast Multiple Listing Service

APN: 33-44-27-07-00021.0010