NOT LISTED FOR SALE

255 Tropical Shore Way Fort Myers Beach, FL 33931

Estimated Value: $845,000 - $1,954,000

6 Beds
6 Baths
3,640 Sq Ft
$384/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $800,000 $220 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $9,310/month

8 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Access to Bay or Harbor
  • Fort Myers Beach Elementary School Rated A-
  • Home fronts a seawall
  • In Ground Pool

About This Home

As of April 2015

LOWEST PRICE PER S.Q. Direct Gulf Access Duplex Canal Home on the market. Turnkey furnished these RENOVATED Villa's have a total of 3,640 S.F.. Each side and has 3 Lg. bedrooms and 3 full baths. Heated Swimming Pool with a view of Preserve and waterway. Both Villas have covered patios, large 2nd floor balconies with views of the back bay, canal, and nature preserve. No one will be building any new homes across from your backyard. Both villas have been renovated with newer appliances, granite kitchen countertops, ceramic tile and brand new luxury vinyl plank flooring in the upstairs bedrooms. BRAND NEW SEAWALL AND DOCK! This property has significant established documented seasonal income and has been well maintained. Property has too many upgrades to list. Property is perfect for someone who wants to keep one side for their use and continue to rent the other side or build on their established documented rental income. Beach access is at the end of the street where you will find 7 miles of sugar white sand. Take a boat ride the mouth of the Gulf of Mexico just minutes away. Walking distance to Times Square, Weekly Rentals. A Boat and Beach goers dream. YOU CAN HAVE IT ALL!

Last Agent to Sell the Property

Ann Lump

Sunset Coast Realty License #249511029 Listed on: 03/02/2015

Last Buyer's Agent

Alan Gruber

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,605

Year Built

  • Built in 1984

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 100 x 0 x 71 x 0
  • Home fronts a seawall
  • Home fronts navigable water
  • Fenced
  • Oversized Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3,640 Sq Ft Home
  • 2-Story Property
  • Single Hung Windows

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Pool

  • In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Access to Bay or Harbor
  • Canal Access
  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for janitorial service, taxes
  • Legal Lot and Block 23 / 451
  • Assessor Parcel Number 19-46-24-W3-00451.0230

Community Details

Overview

  • 2 Units
  • Hills T.P. Subdivision

Recreation

  • Boat Dock
  • Community Beach Access

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,605

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Lot Size: 100 x 0 x 71 x 0
  • Subdivision Name: HILLS T.P.
  • Directions: Estero Blvd. to Tropical Shore way toward the northern end of FMB. Home is on the left almost to the Back Bay.
  • Architectural Style: Other, Two Story, Duplex
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1984
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Flooring: Tile, Vinyl
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Features: Fiberglass, In Ground
  • Pool Private: Yes
  • Waterfront Features: Bay Access, Canal Access, Navigable Water, Seawall, See Remarks
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Block, Frame, Concrete, Stucco, Vinyl Siding
  • Exterior Features: Deck, Fence, Patio
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: Beach Access, See Remarks
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 19-46-24-W3-00451.0230
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Janitorial Service, Taxes

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6605.0
  • Tax Block: 451
  • Tax Lot: 23
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2022
Sold by
Christopher Plourde
Bought by
Schwartz Derek and Schwartz Kristen
Current Estimated Value
$1,557,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Outstanding Balance
$1,614,193
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
-$35,693

Purchase Details

Closed on
May 13, 2021
Sold by
Tropical Partners 1 Llc
Bought by
Plourde Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2015
Closed on
Apr 10, 2015
Sold by
Wilson William S and Wilson Sherrie L
Bought by
Tropical Isle Partners 1 Llc
Seller's Agent
Ann Lump
Sunset Coast Realty
Buyer's Agent
Alan Gruber
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Apr 29, 2008
Sold by
Allen Elaine C and Allen Elaine C
Bought by
Wilson William S and Wilson Sherrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2008
Sold by
Allen Richard E
Bought by
Allen Elaine C and Sliver Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 2008
Sold by
Silver Nancy L
Bought by
Allen Elaine C and Sliver Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.84%
Mortgage Type
Commercial
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
Schwartz Derek $2,100,000 Accent Title
Plourde Christopher $1,060,000 Security Ttl & Abstract Llc
Tropical Isle Partners 1 Llc $800,000 Winged Foot Title Llc
Wilson William S $598,000 Attorney
Allen Elaine C -- Attorney
Allen Elaine C -- Attorney
Allen Elaine C -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Derek $1,680,000
Previous Owner Plourde Christopher $795,000
Previous Owner Wilson William S $392,500
Previous Owner Wilson William S $400,000
Previous Owner Allen Elaine C $400,000
Previous Owner The Euston C & Elaine C Allen Joint Revo $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $800,000 -3.0% $220 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $825,000 -- $227 / Sq Ft
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
2024 $9,398 $946,646 -- --
2023 $9,398 $637,110 $637,100 $10
2022 $14,807 $1,021,739 $475,435 $546,304
2021 $10,454 $693,755 $466,445 $227,310
2020 $11,573 $914,083 $385,440 $528,643
2019 $9,099 $583,014 $385,440 $197,574
2018 $8,882 $575,743 $385,440 $190,303
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Ann Lump

    Sunset Coast Realty

    (239) 273-6653

    5 in this area

    23 Total Sales

    Section Image

  • A

    Buyer's Agent in 2015

    Alan Gruber

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215014525

Florida Gulf Coast Multiple Listing Service

APN: 19-46-24-W3-00451.0230

Florida Lee County Fort Myers Beach 33931

255 Tropical Shore Way, Fort Myers Beach, FL

This home is located at 255 Tropical Shore Way, Fort Myers Beach, FL 33931 since 02 March 2015 and is currently estimated at $1,399,500, approximately $384 per square foot. This property was built in 1984. 255 Tropical Shore Way is a home located in Lee County with nearby schools including Fort Myers Beach Elementary School, Cypress Lake Middle School, and Fort Myers Middle Academy.

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