NOT LISTED FOR SALE

222 NW 16th Terrace Cape Coral, FL 33993

Mariner Neighborhood

Estimated Value: $36,000 - $266,000

0.36 Acre
$324,047 Price per Acre
15,638 Sq Ft Lot

Last Sold April 20, 2021

Last sale price $19,900

Est. 485% increase in value since last sale

Current estimated payment $709/month

38 Days on Market

About This Lot

As of April 2021

Are you an investor looking for smaller commercial lots? This triple lot parcel is a great start as this area has recently been rezoned from Marketplace residential to Commercial Professional. Located in an expanding area of Cape Coral this property is perfectly located.

AGENTS SEE REMARKS

Last Agent to Sell the Property

Tony Rodriguez

Legacy Premier Realty LLC License #258019465 Listed on: 02/10/2021

Last Buyer's Agent

Dexter Evans

Property Details

Property Type

  • Land

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 120 x 125 x 120 x 125
  • North Facing Home
  • Property is zoned MR

Utilities

  • Water Not Available
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 2709B
  • Assessor Parcel Number 35-43-23-C3-02709.B100

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.359
  • Lot Size: 120 x 125 x 120 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: North from Diplomat onto NW 3rd PL and East onto NW 16th Ter
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Multiple lots
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Phone Available, Trash Collection, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Commercial
  • Parcel #: 35-43-23-C3-02709.B100
  • Zoning Description: MR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 599.0
  • Tax Block: 2709B
  • Tax Lot: 10
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Apr 15, 2021
Sold by
Meadowview Llc
Bought by
Simpson Cynthia
Seller's Agent
Tony Rodriguez
Legacy Premier Realty LLC
Buyer's Agent
Dexter Evans
List Price
$17,900
Sold Price
$19,900
Premium/Discount to List
$2,000
11.17%
Current Estimated Value
$116,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,433
Avg. Annual Appreciation
46.43%

Purchase Details

Closed on
Mar 10, 2016
Sold by
Rock It Homes Llc
Bought by
Meadowview Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,225
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2015
Sold by
The Deltona Corp
Bought by
Rock It Homes Llc

Purchase Details

Closed on
Jan 3, 2006
Sold by
Fernandez Fernandez Crucita Crucita and Fernandez Aponte Crucita
Bought by
K Hovnanian First Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simpson Cynthia $17,000 Fidelity Natl Ttl Of Fl Inc
Meadowview Llc $16,000 Attorney
Rock It Homes Llc $837,500 Bay Breeze Title Svcs Llc
K Hovnanian First Homes Llc $88,000 First Home Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meadowview Llc $12,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2021 04/20/21 Sold $19,900 +11.2% --
03/21/2021 03/21/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $17,900 -- --
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 $1,146 $27,525 -- --
2024 $1,029 $25,023 -- --
2023 $1,029 $22,748 $0 $0
2022 $816 $20,680 $20,680 $0
2021 $628 $9,400 $9,400 $0
2020 $599 $9,400 $9,400 $0
2019 $590 $10,600 $10,600 $0
2018 $592 $10,600 $10,600 $0
2017 $586 $12,113 $12,113 $0
2016 $472 $7,700 $7,700 $0
2015 $403 $7,100 $7,100 $0
2014 -- $6,100 $6,100 $0
2013 -- $4,700 $4,700 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tony Rodriguez

    Legacy Premier Realty LLC

    Section Image

  • D

    Buyer's Agent in 2021

    Dexter Evans

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221010670

Florida Gulf Coast Multiple Listing Service

APN: 35-43-23-C3-02709.B100

Florida Lee County Cape Coral 33993 Mariner

222 NW 16th Terrace, Cape Coral, FL

Not Listed for Sale

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