NOT LISTED FOR SALE

263 Palermo Cir Fort Myers Beach, FL 33931

Estimated Value: $2,766,243 - $3,492,000

5 Beds
5 Baths
4,104 Sq Ft
$723/Sq Ft Est. Value

Last Sold November 28, 2016

Last sale price $1,900,000 $463 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $16,776/month

248 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Concrete Pool
  • Fort Myers Beach Elementary School Rated A-
  • Newly Remodeled
  • Bay View

About This Home

As of November 2016

Lovely Brand New Never Lived in Canal and Bay view home on one of the most desired streets on Fort Myers Beach. This house is top of the line with stainless steel appliances, built in cabinets , floor to ceiling sliders, tile floors, elevator, pool, spa, and so much more!

Last Agent to Sell the Property

Joe Orlandini

ERA Right Choice Realty License #258018707 Listed on: 02/23/2016

Last Buyer's Agent

Stacey Mrozinski

Downing Frye Realty Inc. License #249524092

Downing Frye Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,560

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 5,872 Sq Ft Lot
  • Lot Dimensions are 50 x 120 x 50 x 120
  • Southeast Facing Home
  • Rectangular Lot
  • Property is zoned RS-1

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Property Views

  • Bay
  • Canal

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 4,104 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Built-In Features
  • Combination Dining and Living Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 5 Full Bathrooms
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Gunite Spa

Outdoor Features

  • Canal Access
  • Open Patio
  • Outdoor Kitchen
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / G
  • Assessor Parcel Number 19-46-24-W4-0060G.0040

Community Details

Overview

  • No Home Owners Association
  • Venetian Gardens Subdivision

Amenities

  • Community Storage Space

Recreation

  • Boat Dock
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,560

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1348
  • Lot Size: 50 x 120 x 50 x 120
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: VENETIAN GARDENS
  • Directions: Estero Blvd South. Turn Left onto Palermo Cir (Between Beached Whale and 711) Go straight property will be on your Left.
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2016
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Gunite
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Bathtub, Closet Cabinetry, Kitchen Island, Living/Dining Room, Pantry, Separate Shower, Cable TV, Walk-In Closet(s), Elevator
  • Living Area: 4104.0
  • Stories: 1
  • Window Features: See Remarks
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Concrete, In Ground
  • Pool Private: Yes
  • View: Bay, Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Exterior Features: Outdoor Kitchen, Patio, See Remarks
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: New Construction
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Covered, Detached, Underground, Garage, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: See Remarks, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: Beach Rights, Beach Access, Storage
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 19-46-24-W4-0060G.0040
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 4559.72
  • Tax Block: G
  • Tax Lot: 4
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2020
Sold by
Fcg Associates Llc
Bought by
Thomas G Bryan G and Thomas Dawn
Current Estimated Value
$2,969,061

Purchase Details

Listed on
Feb 23, 2016
Closed on
Nov 25, 2016
Sold by
Markovich George and Markovich Amry
Bought by
Ferguson Thomas G and Ferguson Dawn
Seller's Agent
Joe Orlandini
ERA Right Choice Realty
Buyer's Agent
Stacey Mrozinski
Downing Frye Realty Inc.
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$1,500,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 19, 2014
Sold by
Kline Lyle L
Bought by
Markovich George and Markovich Amy

Purchase Details

Closed on
Jun 10, 2013
Sold by
Beachfront Escapes Llc
Bought by
Kline Lyle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2013
Sold by
Manner Llc
Bought by
Beachfront Escapes Llc

Purchase Details

Closed on
Apr 23, 2010
Sold by
Del Prado Inc
Bought by
Manner Llc

Purchase Details

Closed on
May 28, 1999
Sold by
Carpenter Martin T
Bought by
Manner Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
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
Thomas G Bryan G $485,000 Safe Harbor Title Company
Ferguson Thomas G $1,900,000 Attorney
Markovich George $425,000 Attorney
Kline Lyle L -- Attorney
Beachfront Escapes Llc $600,000 Cape Coral Title Insurance A
Manner Llc -- None Available
Manner Richard G $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas George Bryan $1,000,000
Open Thomas G Bryan G $2,000,000
Previous Owner Ferguson Thomas G $1,500,000
Previous Owner Kline Lyle L $417,000
Previous Owner Manner Richard G $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2016 11/28/16 Sold $1,900,000 -4.8% $463 / Sq Ft
10/29/2016 10/29/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $1,995,000 -- $486 / 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 $7,556 $1,430,424 $565,547 $10
2023 $7,556 $565,557 $565,547 $10
2022 $18,672 $1,326,579 $0 $0
2021 $18,317 $1,673,224 $797,078 $876,146
2020 $17,758 $1,215,306 $641,406 $573,900
2019 $19,316 $1,312,199 $311,216 $1,000,983
2018 $19,131 $1,287,982 $311,216 $976,766
2017 $20,150 $1,329,184 $258,368 $1,070,816
2016 $19,175 $1,243,579 $294,465 $949,114
2015 $4,560 $292,491 $292,491 $0
2014 -- $286,258 $286,258 $0
2013 -- $346,292 $297,695 $48,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216014040

Florida Gulf Coast Multiple Listing Service

APN: 19-46-24-W4-0060G.0040