NOT LISTED FOR SALE

2540 SW 35th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $676,000 - $852,000

0.25 Acre
$3,047,983 Price per Acre
11,099 Sq Ft Lot

Last Sold August 07, 2020

Last sale price $140,000

Est. 455% increase in value since last sale

Current estimated payment $5,164/month

887 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Oversized Lot

About This Lot

As of August 2020

"OVERSIZED" "SOUTHERN EXPOSURE" "SEAWALL INSTALLED" "GULF ACCESS" "WIDE CANAL" - This oversized southern exposure gulf access lot on a 110' wide canal has 94' of seawall already installed. Why wait more than a year for a seawall when the lot you desire is ready to build on now. You'll be proud to build your home in a great neighborhood just off of Surfside Blvd. The extra width of this lot combined with the massive lot to the east means you'll have a lot of extra distance and privacy from your neighbors and any builders model will fit with room to spare. The wider canal and the extra seawall length will allow you to build a much wider and longer dock if you so desire. This is a great lot for your dream home or a spec build.

Last Agent to Sell the Property

Steven Leboeuf

Florida Gulf Home Realty LLC License #598503214 Listed on: 02/01/2018

Last Buyer's Agent

Steven Leboeuf

Florida Gulf Home Realty LLC License #598503214 Listed on: 02/01/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,921

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 83 x 126 x 94 x 125
  • Home fronts a seawall
  • Home fronts navigable water
  • North Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 29 / 4893
  • Assessor Parcel Number 05-45-23-C2-04893.0290

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,921

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.2548
  • Lot Size: 83 x 126 x 94 x 125
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent, RV Restriction(s)
  • Direction Faces: North

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Facilities

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 05-45-23-C2-04893.0290
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2921.0
  • Tax Block: 4893
  • Tax Lot: 29
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Aug 7, 2020
Sold by
Equity Trust Company
Bought by
Rieman Carol A and Hentosh Tina M
Seller's Agent
Steven Leboeuf
Florida Gulf Home Realty LLC
Buyer's Agent
Steven Leboeuf
List Price
$179,900
Sold Price
$140,000
Premium/Discount to List
-$39,900
-22.18%
Current Estimated Value
$776,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,626
Avg. Annual Appreciation
38.85%

Purchase Details

Listed on
Feb 15, 2017
Closed on
Mar 29, 2017
Sold by
Sommer Rental Llc
Bought by
Leboeuf Steven E and Equity Trust Company
Seller's Agent
Alexandra Fischer
My USRealty LLC
Buyer's Agent
Steven Leboeuf
List Price
$118,000
Sold Price
$115,000
Premium/Discount to List
-$3,000
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
Mar 25, 2015
Sold by
Sommer Indra Verena
Bought by
Sommer Rental Llc

Purchase Details

Closed on
Feb 19, 2014
Sold by
Sommer Indra Verena
Bought by
Sommer Indra Verena

Purchase Details

Closed on
Apr 27, 2010
Sold by
Busey Bank
Bought by
Sommer Guenter Ulrich

Purchase Details

Closed on
Oct 9, 2009
Sold by
4000 Sw 26Th Ave Llc
Bought by
Busey Bank

Purchase Details

Closed on
Jun 19, 2008
Sold by
Schwerdtner Matthias
Bought by
2540 Sw 35Th Ter Llc

Purchase Details

Closed on
Oct 12, 2004
Sold by
Murone John and Murone Patricia
Bought by
Schwerdtner Matthias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 2003
Sold by
Wilenius Yvonne
Bought by
Munroe John and Munroe Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.89%

Purchase Details

Closed on
Feb 20, 2003
Sold by
Pallen Harriet R
Bought by
Wilenius Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.89%
Source: Public Records

Range of Values:

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Average Value
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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
Rieman Carol A $140,000 Tropical Shells Title Llc
Leboeuf Steven E $115,000 Attorney
Sommer Rental Llc -- Attorney
Sommer Indra Verena -- Attorney
Sommer Guenter Ulrich $64,900 Srs Title Services Inc
Busey Bank $141,100 Attorney
2540 Sw 35Th Ter Llc -- Attorney
Schwerdtner Matthias $189,000 Cloud 9 Title Inc
Munroe John $100,000 --
Wilenius Yvonne $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwerdtner Matthias $141,750
Previous Owner Wilenius Yvonne $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $140,000 -22.2% --
07/08/2020 07/08/20 Pending -- -- --
02/01/2018 02/01/18 For Sale $179,900 +56.4% --
03/29/2017 03/29/17 Sold $115,000 -2.5% -- View Prior Sale
02/27/2017 02/27/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $118,000 -- --
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 $12,694 $733,926 $263,374 $405,424
2024 $12,455 $792,112 -- --
2023 $12,455 $769,041 $0 $0
2022 $12,065 $746,642 $143,547 $603,095
2021 $2,223 $100,192 $100,192 $0
2020 $3,035 $133,322 $128,000 $5,322
2019 $2,921 $110,452 $105,000 $5,452
2018 $2,786 $94,582 $89,000 $5,582
2017 $3,206 $116,017 $110,305 $5,712
2016 $3,078 $108,841 $108,841 $0
2015 $3,034 $100,371 $100,371 $0
2014 -- $86,101 $86,101 $0
2013 -- $97,631 $97,631 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Leboeuf

    Seller's Agent in 2020

    Steven Leboeuf

    Florida Gulf Home Realty LLC

    (239) 848-8461

    40 in this area

    93 Total Sales

    Steven Leboeuf
    Section Image

  • A

    Seller's Agent in 2017

    Alexandra Fischer

    My USRealty LLC

    (239) 298-9264

    3 in this area

    34 Total Sales

    Alexandra Fischer
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218009597

Florida Gulf Coast Multiple Listing Service

APN: 05-45-23-C2-04893.0290

Florida Lee County Cape Coral 33914 Pelican

2540 SW 35th Terrace, Cape Coral, FL

This home is located at 2540 SW 35th Terrace, Cape Coral, FL 33914 since 01 February 2018 and is currently estimated at $776,626. 2540 SW 35th Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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