NOT LISTED FOR SALE

Estimated Value: $186,106 - $259,000

0.25 Acre
$898,108 Price per Acre
10,890 Sq Ft Lot

Last Sold April 12, 2021

Last sale price $137,033

Est. 64% increase in value since last sale

Current estimated payment $1,544/month

741 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • No HOA
  • Heating Available
  • Intracoastal View

About This Lot

As of April 2021

How awesome would it be to build your dream home on a private island? You can, on this desirable waterfront lot in Palm Island Estates, located off the West Coast of Florida! This bridge less barrier island is approximately 45 miles South of Sarasota and 60 miles North of Fort Myers. Residents boat in themselves or take a car ferry ride. Situated on a lagoon that leads to the intracoastal waterway, build your own dock and take one of the passes and connect to the Gulf of Mexico. Enjoy the gorgeous sandy beach, state wildlife park and awesome sunsets! Palm Island Estates offers a resort, public restaurant, liquor bar and grocery store. All roads are car and golf cart friendly.

Last Agent to Sell the Property

Katy Kelly

RE/MAX PREMIER REALTY License #3408470 Listed on: 01/13/2019

RE/MAX PREMIER REALTY

Last Buyer's Agent

Kevin Mackin

MICHAEL SAUNDERS & COMPANY License #683818

MICHAEL SAUNDERS & COMPANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,479

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80' x 135'
  • The property's road front is unimproved
  • Property is zoned BBI

Property Views

  • Intracoastal
  • Lagoon

Utilities

  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 35 / C
  • Assessor Parcel Number 412033401004

Community Details

Overview

  • No Home Owners Association
  • Palm Island Estates Community
  • Palm Island Estates Un 4 Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway

Property Details

Property Type

Land

Est. Annual Taxes

$2,479

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10800
  • Directions to Property: Take Exit 191 from I-75 South; Right on N River Road, Left on Winchester Blvd, Left on Placida Rd, Right on Panama Blvd. Take Panama Blvd-Gulf Blvd Ferry. Continue on N Gulf Blvd, Left on S Gulf Blvd, Left on Bocilla Dr
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Ratio: Close Price\List Price: 0.92904
  • Price per Sq Ft: 12.69
  • Close to Original List Price Ratio: 0.91355
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 301

Exterior Features

  • Waterfront: No
  • Road Surface Type: Unimproved
  • Water View: Intracoastal Waterway, Lagoon
  • Water Access: Gulf/Ocean, Intracoastal Waterway
  • Water View Y N: Yes
  • Front Footage: 80
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0352F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: BBI
  • Parcel Number: 412033401004
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable
  • Lot Dimensions: 80' x 135'
  • Price Per Acre: 548132
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 2478.55
  • Tax Block: C
  • Tax Book Number: 6-4
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2019
Closed on
Apr 9, 2021
Sold by
Nogues Evelio
Bought by
Obrien Lindsey Jane
Seller's Agent
Katy Kelly
RE/MAX PREMIER REALTY
Buyer's Agent
Kevin Mackin
MICHAEL SAUNDERS & COMPANY
List Price
$147,500
Sold Price
$137,033
Premium/Discount to List
-$10,467
-7.1%
Current Estimated Value
$224,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,494
Avg. Annual Appreciation
14.66%
Original Mortgage
$109,600
Outstanding Balance
$17,469
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$232,331

Purchase Details

Closed on
Dec 6, 1993
Sold by
Just Judy
Bought by
Nogues Evelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,800
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
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
Obrien Lindsey Jane $137,100 Affiliated Ttl Of Ctrl Fl Lt
Nogues Evelio $30,500 --
Nogues Evelio $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Lindsey Jane $109,600
Previous Owner Nogues Evelio $22,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $137,033 -7.1% --
01/23/2021 01/23/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $147,500 0.0% --
11/02/2020 11/02/20 Pending -- -- --
04/29/2019 04/29/19 Price Changed $147,500 -1.7% --
01/13/2019 01/13/19 For Sale $150,000 -- --
Source: Stellar MLS

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
2023 $3,872 $183,110 $0 $0
2022 $3,417 $166,464 $166,464 $0
2021 $2,528 $110,976 $110,976 $0
2020 $2,479 $107,508 $107,508 $0
2019 $2,437 $104,040 $104,040 $0
2018 $2,356 $104,040 $104,040 $0
2017 $2,144 $104,040 $104,040 $0
2016 $2,172 $103,992 $0 $0
2015 $2,027 $94,538 $0 $0
2014 $2,064 $94,302 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5010725

Stellar MLS

APN: 412033401004