NOT LISTED FOR SALE

20741 S Tamiami Trail Estero, FL 33928

Estero Area

Estimated Value: $1,068,702

1.1 Acres
$975,894 Price per Acre
47,703 Sq Ft Lot

Sale Details

Date Sold: November 13, 2020

Last sale price $500,000

Est. 114% increase in value since last sale

Current estimated payment $6,419 / mo

330 Days on Market

About This Lot

As of November 2020

Under Contract, but entertain back-up offers. Unique opportunity for a redevelopment project in dynamic Estero area. 1+ acre CPD, Commercial Planned Development is approved for up to 21,000 SFT office/retail/animal clinic, not to exceed 35’ in height. Great visibility from US 41 with additional access at rear. The existing 1,600+/- SF Office on site is currently vacant. The Lease for a billboard, generating $8,500/yr, expires in February 2021. Owner will entertain Lease Option to Purchase offers.
HIGHLIGHTS
$650000 at $13.57 PSF
200’ +/-(frontage) X 254’+/-=47,703+/-=1.1 Acre lot
Existing 1,600 +/- Office, is currently vacant
Existing Billboard lease, generating $8,500/yr, expires in February 2021
Additional real access from Estero Ct at rear
Zoned CPD, for up to 21,000 SF office/retail/animal clinic not to exceed 35’ in height

Last Agent to Sell the Property

Fred Kermani, CCIM, AIA

NRT Commercial LLC Listed on: 10/23/2019

NRT Commercial LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,212

Lot Details

  • 1.1 Acre Lot
  • Property is zoned CPD

Community Details

  • Marshalls Estero River Groves Condos

Listing and Financial Details

  • Assessor Parcel Number 28-46-25-E3-05000.0060
  • $3 Seller Concession

Property Details

Property Type

Land

Est. Annual Taxes

$5,212

Lot Details

1.1 Acres

Listing Details

  • Legal Description: MARSHALLS ESTERO RVR GRVS PB 12 PG 131 LOT 6 LESS ROW INST#2006-279627
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$26.43858$-81.81037300000002$99.03$13.33$1.00$n8MVwMP_uZmrjhSNFnrJOw
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Gulf Access Yn: No

Condo/Co-op/Association

  • Sub Condo Name: MARSHALLS ESTERO RIVER GROVES

Association/Amenities

  • Development: Marshalls Estero River Groves
  • Community Type: Non-Gated

Lot Info

  • Price Per Acre: 456579.31
  • Section: 28
  • Zoning Code: CPD
  • Acres: 1.0951
  • Waterfront: No
  • Land Use Code: 17-Office Bldgs,non-Prof,one Str
  • Lot Type: Commercial Lot
  • Usage: Commercial
  • Parcel Number: 28-46-25-E3-05000.0060

Tax Info

  • Taxes: 5212.00
  • Tax Year: 2018
  • Tax Description: City And County

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Bought by
Current Estimated Value
$1,068,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$498,546
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$568,719

Purchase Details

Listed on
Oct 23, 2019
Closed on
Nov 12, 2020
Sold by
Bought by
Seller's Agent
Fred Kermani, CCIM, AIA
NRT Commercial LLC
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.17%
Original Mortgage
$723,740
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 11, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2006
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 None Listed On Document
$500,000 Accommodation
-- Attorney
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $975,000
Previous Owner $723,740
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $500,000 -23.1% --
09/17/2020 09/17/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $650,000 0.0% --
08/26/2020 08/26/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $650,000 0.0% --
08/09/2020 08/09/20 Pending -- -- --
07/08/2020 07/08/20 Price Changed $650,000 -14.8% --
02/03/2020 02/03/20 For Sale $763,000 0.0% --
01/31/2020 01/31/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $763,000 0.0% --
12/03/2019 12/03/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $763,000 -- --
Source: Naples Area Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,616 $504,340 $504,083 $257
2024 $6,165 $512,084 $504,075 $7,642
2023 $6,165 $436,616 $0 $0
2022 $5,278 $394,653 $287,194 $103,112
2021 $5,216 $378,001 $286,627 $91,374
2020 $5,250 $369,786 $273,014 $96,772
2019 $5,277 $368,801 $279,325 $89,476
2018 $5,212 $357,174 $286,218 $70,956
2017 $5,362 $357,212 $286,218 $70,994
2016 $5,447 $355,101 $286,218 $68,883
2015 $5,635 $356,454 $286,218 $70,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219071538

Naples Area Board of REALTORS®

APN: 28-46-25-E3-05000.0060

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