NOT LISTED FOR SALE

291 Palermo Cir Fort Myers Beach, FL 33931

Estimated Value: $2,414,000 - $2,996,033

3 Beds
2 Baths
2,528 Sq Ft
$1,066/Sq Ft Est. Value

Last Sold December 14, 2015

Last sale price $1,000,000 $396 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $17,924/month

38 Days on Market

Highlights

  • Boat Dock
  • Bay View
  • Canal Access
  • Fort Myers Beach Elementary School Rated A-
  • Waterfront
  • Deck

About This Home

As of December 2015

Majestic views from this Waterfront home sitting on an amazing Oversized lot. This home has very high ceilings with wood beams. An excellent choice for Big Boats with an extra long seawall, and quick access to the Bay and Gulf. A beautiful brick road leads up to the home. It's an easy walk to the Beach, shops and cafes; this is a perfect home for you. Don't forget to Ask us about the History of this Unique home.

Last Agent to Sell the Property

Joe Orlandini

ERA Right Choice Realty License #258018707 Listed on: 10/06/2015

Last Buyer's Agent

Joseph Orlandini

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,697

Year Built

  • Built in 1978

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 45 x 122 x 85 x 110
  • Waterfront
  • East Facing Home
  • Privacy Fence
  • Fenced
  • Irregular Lot
  • Property is zoned RS-1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Bay
  • Canal

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,528 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Combination Dining and Living Room
  • Loft
  • Concrete Flooring

Kitchen

  • Breakfast Bar
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Separate Shower

Outdoor Features

  • Canal Access
  • Deck

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 1 / G
  • Assessor Parcel Number 19-46-24-W4-0060G.0010

Community Details

Overview

  • No Home Owners Association
  • Venetian Gardens Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,697

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 45 x 122 x 85 x 110
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: VENETIAN GARDENS
  • Architectural Style: Other, Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1978
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Concrete
  • Interior Amenities: Breakfast Bar, Bathtub, Living/Dining Room, See Remarks, Separate Shower, Loft
  • Living Area: 2528.0
  • Stories: 2
  • Window Features: Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Irregular Lot
  • Pool Private: No
  • View: Bay, Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Direction Faces: East
  • Exterior Features: Deck, Fence, Privacy Wall, See Remarks
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Covered, Garage, Paved, Two Spaces, Garage Door Opener

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: See Remarks
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 19-46-24-W4-0060G.0010
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 6697.0
  • Tax Block: G
  • Tax Lot: 1
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2015
Closed on
Dec 14, 2015
Sold by
Orlandini Joe and Orlandini Shannon
Bought by
Babbitt Edward C and Babbitt Kendra I
Seller's Agent
Joe Orlandini
ERA Right Choice Realty
Buyer's Agent
Joseph Orlandini
List Price
$925,000
Sold Price
$1,000,000
Premium/Discount to List
$75,000
8.11%
Current Estimated Value
$2,694,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,694,758
Avg. Annual Appreciation
10.71%

Purchase Details

Closed on
May 10, 2013
Sold by
Suter Sandra Sue
Bought by
Orlandini Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 10, 1996
Sold by
Suter Sandra S and Bodhaine Sandra S
Bought by
Suter Charles V and Suter Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.27%
Source: Public Records

Range of Values:

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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
Babbitt Edward C $1,000,000 Attorney
Orlandini Joe $390,000 Winged Foot Title Llc
Suter Charles V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orlandini Joe $392,000
Previous Owner Suter Sandra Sue $150,000
Previous Owner Suter Sandra Sue $600,000
Previous Owner Suter Sandra S $500,000
Previous Owner Suter Sandi $300,700
Previous Owner Suter Sandi $250,000
Previous Owner Suter Charles V $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Sold $1,000,000 +8.1% $396 / Sq Ft
11/14/2015 11/14/15 Pending -- -- --
10/06/2015 10/06/15 For Sale $925,000 -- $366 / 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 $39,244 $2,475,985 $1,157,345 $1,169,425
2023 $39,244 $2,458,046 $0 $0
2022 $36,589 $2,234,587 $0 $0
2021 $30,253 $2,161,476 $576,948 $1,584,528
2020 $27,501 $1,846,766 $409,440 $1,437,326
2019 $26,703 $1,780,575 $409,440 $1,371,135
2018 $6,424 $437,398 $409,440 $27,958
2017 $6,331 $421,937 $393,979 $27,958
2016 $9,829 $631,220 $397,903 $233,317
2015 $7,626 $502,691 $401,572 $101,119
2014 $6,697 $413,414 $251,920 $161,494
2013 -- $329,683 $213,433 $116,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215054534

Florida Gulf Coast Multiple Listing Service

APN: 19-46-24-W4-0060G.0010