NOT LISTED FOR SALE

230 NW 16th Terrace Cape Coral, FL 33993

Mariner Neighborhood

Estimated Value: $21,000 - $213,000

0.24 Acre
$384,086 Price per Acre
10,585 Sq Ft Lot

Last Sold April 26, 2023

Last sale price $20,600

Est. 353% increase in value since last sale

Current estimated payment $577/month

68 Days on Market

About This Lot

As of April 2023

Commercial Professional zoned property WITH ALLEY below market value! Looking for a land investment? Just off busy Diplomat Pkwy and quick access to either Burnt Store Rd N or Del Prado Blvd.
Looking to buy this as a residential lot? Buyer would have to complete and submit zoning change application to the City. This would be valued much higher as a residential property. Buyer to due their own due diligence.

Last Agent to Sell the Property

Darren Wandersee

Signet Real Estate Inc. License #258033223 Listed on: 02/16/2023

Last Buyer's Agent

Darren Wandersee

Signet Real Estate Inc. License #258033223 Listed on: 02/16/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $510

Lot Details

  • 10,585 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Property fronts an alley
  • North Facing Home
  • Rectangular Lot
  • Cleared Lot
  • Property is zoned MR

Utilities

  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 2709B
  • Assessor Parcel Number 35-43-23-C3-02709.B050

Property Details

Property Type

Land

Est. Annual Taxes

$510

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.243
  • Lot Size: 80 x 125 x 80 x 125
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Travel north on Burnt Store Rd, turn right on Diplomat Pkwy w. Turn left on NW 3rd ave, right on NW 16th ter. Property is on your right
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Office

Exterior Features

  • Lot Features: Alley, Cleared, Rectangular Lot
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North
  • Property Condition: To Be Built

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Trash Collection
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Commercial
  • Parcel #: 35-43-23-C3-02709.B050
  • Zoning Description: MR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 510.45
  • Tax Block: 2709B
  • Tax Lot: 5
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Apr 25, 2023
Sold by
Cc 90 Llc
Bought by
Florida Real Estate And Land Land Investment
Seller's Agent
Darren Wandersee
Signet Real Estate Inc.
Buyer's Agent
Darren Wandersee
Signet Real Estate Inc.
List Price
$25,000
Sold Price
$20,600
Premium/Discount to List
-$4,400
-17.6%
Views
4
Current Estimated Value
$93,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,733
Avg. Annual Appreciation
79.61%

Purchase Details

Closed on
Jul 13, 2022
Sold by
Corner Investments Llc
Bought by
Cc 90 Llc

Purchase Details

Closed on
Jan 19, 2022
Sold by
Cc 90 Llc
Bought by
Corner Investments Llc

Purchase Details

Closed on
Oct 29, 2021
Sold by
Q Smith Homes Llc
Bought by
Cc 90 Llc

Purchase Details

Closed on
Oct 20, 2009
Sold by
Rodriguez Rebecca
Bought by
Florida Community Bank

Purchase Details

Closed on
Jun 28, 2005
Sold by
Lee Armando J
Bought by
Rodriguez Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,518
Interest Rate
8.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 15, 2005
Sold by
Badillo Eufemio Perez
Bought by
Lee Armando J

Purchase Details

Closed on
Jul 25, 2002
Sold by
Fl Econoland Specialist Inc
Bought by
Badillo Eufemio Perez
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
Florida Real Estate And Land Land Investment $103,000 None Listed On Document
Cc 90 Llc $100 None Listed On Document
Corner Investments Llc $2,445,500 None Listed On Document
Cc 90 Llc $1,782,500 None Listed On Document
Florida Community Bank -- None Available
Rodriguez Rebecca $52,800 First American Title Ins Co
Lee Armando J $50,000 Gulf Breeze Title Insurance
Badillo Eufemio Perez $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Rebecca $47,518
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Sold $20,600 -7.4% --
04/26/2023 04/26/23 Pending -- -- --
04/10/2023 04/10/23 Price Changed $22,250 -3.3% --
03/02/2023 03/02/23 Price Changed $23,000 -1.1% --
03/01/2023 03/01/23 Price Changed $23,250 -1.1% --
02/23/2023 02/23/23 Price Changed $23,500 -4.1% --
02/22/2023 02/22/23 Price Changed $24,500 -2.0% --
02/16/2023 02/16/23 For Sale $25,000 -- --
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 $1,039 $32,300 $32,300 --
2024 $1,039 $34,066 $34,066 --
2023 $1,021 $35,782 $35,629 $0
2022 $663 $17,899 $17,899 $0
2021 $510 $9,000 $9,000 $0
2020 $481 $9,200 $9,200 $0
2019 $459 $10,500 $10,500 $0
2018 $451 $10,500 $10,500 $0
2017 $422 $10,982 $10,982 $0
2016 $367 $6,800 $6,800 $0
2015 $335 $6,300 $6,300 $0
2014 -- $5,640 $5,640 $0
2013 -- $4,000 $4,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Darren Wandersee

    Signet Real Estate Inc.

    (612) 209-2245

    7 in this area

    31 Total Sales

    Darren Wandersee
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223011556

Florida Gulf Coast Multiple Listing Service

APN: 35-43-23-C3-02709.B050

Florida Lee County Cape Coral 33993 Mariner

230 NW 16th Terrace, Cape Coral, FL

Not Listed for Sale

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