NOT LISTED FOR SALE

2720 SW 1st Terrace Cape Coral, FL 33991

Burnt Store Neighborhood

Estimated Value: $85,000 - $172,000

0.23 Acre
$544,500 Price per Acre
10,019 Sq Ft Lot

Last Sold June 28, 2022

Last sale price $130,000

Est. 4% decrease in value since last sale

Current estimated payment $754/month

46 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Oversized Lot
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of June 2022

WOW AWESOME SW double building lot on 122 ft wide canal with seawall already installed, this lot is ready to build with no trees or overgrowth to clear this is truly a great place to build your forever home or build nice pool home on it and take advantage of the current market trends for a huge return on your investment.

Last Agent to Sell the Property

Greg Brocker

West Coast Realty Inc License #258028416 Listed on: 05/12/2022

Last Buyer's Agent

Karina Gonzalez Prats

Realty One Group Evolution License #279598235

Realty One Group Evolution

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $622

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • North Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 60 / 3950
  • Assessor Parcel Number 17-44-23-C2-03950.0600

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$622

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
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Sewer: None
  • Utilities: Other, Sewer Not Available, Water Not Available
  • Water Source: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 17-44-23-C2-03950.0600
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 622.0
  • Tax Block: 3950
  • Tax Lot: 60
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Aa Investment Company Llc
Bought by
Emc Land Investment Llc
Current Estimated Value
$125,235

Purchase Details

Closed on
May 16, 2023
Sold by
Mannino Giuseppe
Bought by
Aa Investment Company Llc

Purchase Details

Closed on
Apr 7, 2016
Sold by
Rafter Nick and Schaffer Lorraine
Bought by
Manning Giuseppe

Purchase Details

Closed on
May 23, 2005
Sold by
Sabo James and Sabo Marian M
Bought by
Rafter Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,167
Interest Rate
5.54%
Mortgage Type
Construction
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
Emc Land Investment Llc $100 None Listed On Document
Aa Investment Company Llc $100 Agents National Title
Manning Giuseppe $27,500 Landsel Title Agency Inc
Rafter Nick $147,900 Progressive Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rafter Nick $377,167
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $130,000 -3.7% --
06/28/2022 06/28/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $135,000 -- --
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
2024 $874 $56,956 $56,956 --
2023 $874 $16,572 $0 $0
2022 $671 $15,065 $0 $0
2021 $622 $19,500 $19,500 $0
2020 $551 $12,450 $12,450 $0
2019 $558 $14,000 $14,000 $0
2018 $559 $14,000 $14,000 $0
2017 $617 $18,088 $18,088 $0
2016 $517 $14,000 $14,000 $0
2015 $514 $18,000 $18,000 $0
2014 $468 $11,300 $11,300 $0
2013 -- $10,400 $10,400 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Greg Brocker

    West Coast Realty Inc

    (239) 872-2551

    14 in this area

    477 Total Sales

    Greg Brocker
    Section Image

  • K

    Buyer's Agent in 2022

    Karina Gonzalez Prats

    Realty One Group Evolution

    (786) 477-4715

    8 in this area

    99 Total Sales

    Karina Gonzalez Prats
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222036595

Florida Gulf Coast Multiple Listing Service

APN: 17-44-23-C2-03950.0600

Florida Lee County Cape Coral 33991 Burnt Store

2720 SW 1st Terrace, Cape Coral, FL

This home is located at 2720 SW 1st Terrace, Cape Coral, FL 33991 since 12 May 2022 and is currently estimated at $125,235. 2720 SW 1st Terrace is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and J. Colin English Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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