NOT LISTED FOR SALE

Estimated Value: $27,468 - $185,000

0.23 Acre
$413,552 Price per Acre
10,019 Sq Ft Lot

Last Sold March 23, 2018

Last sale price $16,000

Est. 494% increase in value since last sale

Current estimated payment $565/month

27 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Rectangular Lot
  • North Fort Myers High School Rated A
  • Canal View

About This Lot

As of March 2018

Fantastic Investment opportunity. Located in NE Cape Coral with immediate access to the Pine Island Rd corridor. Easy access to Ft. Myers and surrounding areas. This lot is zoned for multi family on a Fresh Water Canal. Perfect for a future Duplex or Triplex. This property is located behind the BJ's and close Lowes, Target, and numerous restaurants with Employment opportunities. Watch the lot market. As the city utilities come in, the areas begin to explode in construction and the lot values go up. Located in NORTH 1 expansion area, the City was slated to start the expansion this year, but it has been held off until late 2019 as per city sources. So NOW is the time to buy lots in this area, avoid the long hold period of the utility expansion. Don't buy a lot and build on an expensive well and Septic system only to abandon for city water a couple years down the road. Build and hook into City utilities the first time and save thousands of dollars. Now is the chance to buy at pre expansion prices, just before the assessments come out, while there is still time to save on the pre payment plan. Call the city for more information about the UEP schedule.

Last Agent to Sell the Property

Mick Jensen

DomainRealty.com LLC License #258012551 Listed on: 01/24/2018

Last Buyer's Agent

Marcos Perez

Century 21 Selling Paradise License #258016221

Century 21 Selling Paradise

Property Details

Property Type

  • Land

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • Northwest Facing Home
  • Rectangular Lot
  • Cleared Lot
  • Property is zoned RX-W

Property Views

  • Canal Views

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 26 / 3511
  • Assessor Parcel Number 05-44-24-C2-03511.0260

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Take Pine Island East from Del Prado Blvd. Turn Left onto NE 24th AVe. Make the 2nd left onto NE 15th Ln and an immediate Left onto NE 23rd ave. This will turn into NE 13th LN. Property is on the left marked by signage.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Rectangular Lot
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, See Remarks
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Direction Faces: Northwest

Utilities

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 05-44-24-C2-03511.0260
  • Zoning Description: RX-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 453.0
  • Tax Block: 3511
  • Tax Lot: 26
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
Mar 23, 2018
Sold by
Meyer Lise J
Bought by
Espana Nelly Olimpia and Chinchilla Solis Byron Stevee
Seller's Agent
Mick Jensen
DomainRealty.com LLC
Buyer's Agent
Marcos Perez
Century 21 Selling Paradise
List Price
$16,800
Sold Price
$16,000
Premium/Discount to List
-$800
-4.76%
Current Estimated Value
$95,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,117
Avg. Annual Appreciation
26.43%

Purchase Details

Closed on
Oct 8, 2003
Sold by
Olds J A
Bought by
Meyer Lisa J
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
Espana Nelly Olimpia $16,000 Omega Title Llc
Meyer Lisa J $17,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $16,000 -4.8% --
02/21/2018 02/21/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $16,800 -- --
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 $790 $12,152 -- --
2024 $741 $11,047 -- --
2023 $741 $10,043 $0 $0
2022 $582 $9,130 $0 $0
2021 $497 $8,300 $8,300 $0
2020 $485 $8,700 $8,700 $0
2019 $505 $11,000 $11,000 $0
2018 $538 $14,000 $14,000 $0
2017 $482 $11,000 $11,000 $0
2016 $453 $11,000 $11,000 $0
2015 $426 $11,500 $11,500 $0
2014 $360 $10,350 $10,350 $0
2013 -- $7,600 $7,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218007434

Florida Gulf Coast Multiple Listing Service

APN: 05-44-24-C2-03511.0260