NOT LISTED FOR SALE

Estimated Value: $73,000 - $473,000

0.26 Acre
$863,813 Price per Acre
11,195 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $50,000

Est. 344% increase in value since last sale

Current estimated payment $1,343/month

28 Days on Market

Highlights

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

About This Lot

As of March 2021

WATERFRONT LOT !..... OVERSIZED – approx. 80’ x140’ ….. *** BOATING ACCESS TO SEVERAL LAKES *** Northern Exposure home site is located in Unit 62 on the ESCAPADE CANAL. City WATER/SEWER IN. City shows this lot is NOT in a Special Flood Hazard Area. EVERYONE IS MOVING TO SUNNY SW FLORIDA!!! City of blue skies, lots of sunshine and beautiful palm trees. Imagine building your dream home in this lovely community and living the Paradise dream.... Or keep it as an INVESTMENT as we watch the City grow more!!! Cape Coral also offers Saltwater Boating Access from different Community Boat Ramps located throughout the city, which will give you access to the Gulf of Mexico, beaches, and surrounding islands such as Cayo Costa, Cabbage Key, Sanibel, Boca Grand and more... Not to mention...this area offers some of the best fishing to be found anywhere in the world. You'll love that this lot is only about 22 miles from the Ft Myers International Airport and 26 miles to Punta Gorda Airport. Close to shopping, restaurants, golf & more.

Last Agent to Sell the Property

Deborah Cullen

RE/MAX Realty Team License #448007899 Listed on: 01/12/2021

Last Buyer's Agent

Deborah Cullen

RE/MAX Realty Team License #448007899 Listed on: 01/12/2021

Property Details

Property Type

  • Land

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80 x 140 x 80 x 140
  • Waterfront
  • South Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Additional Features

  • Canal Views
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 47 / 3054
  • Assessor Parcel Number 26-44-23-C3-03054.0470

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.257
  • Lot Size: 80 x 140 x 80 x 140
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Santa Barbara Blvd to west on SW 21st St, lot on right
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • View: Canal, Partial Buildings, Water
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Direction Faces: South

Utilities

  • Sewer: Assessment Unpaid, Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Assessment Unpaid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 26-44-23-C3-03054.0470
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1782.0
  • Tax Block: 3054
  • Tax Lot: 47
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Gomez Repair Corp Inc
Bought by
Gonzalez P Corp
Current Estimated Value
$222,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$275,796
Interest Rate
7.04%
Mortgage Type
Construction
Estimated Equity
-$36,796

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 3, 2021
Sold by
Morrow Eugene H
Bought by
Gomez Repair Corp
Seller's Agent
Deborah Cullen
RE/MAX Realty Team
Buyer's Agent
Deborah Cullen
List Price
$49,000
Sold Price
$50,000
Premium/Discount to List
$1,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.02%
Original Mortgage
$224,000
Interest Rate
2.7%
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
Gonzalez P Corp $100 Nu World Title
Gomez Repair Corp $49,000 Trust Title & Escrow Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez P Corp $300,000
Previous Owner Gomez Repair Corp $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $50,000 +2.0% --
02/10/2021 02/10/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $49,000 -- --
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 $1,590 $58,080 -- --
2023 $1,506 $52,800 $0 $0
2022 $1,197 $42,140 $42,140 $0
2021 $827 $28,000 $28,000 $0
2020 $1,782 $28,000 $28,000 $0
2019 $1,715 $24,000 $24,000 $0
2018 $1,704 $24,000 $24,000 $0
2017 $1,621 $18,573 $18,573 $0
2016 $1,675 $19,000 $19,000 $0
2015 $1,636 $17,300 $17,300 $0
2014 -- $11,000 $11,000 $0
2013 -- $11,300 $11,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221002708

Florida Gulf Coast Multiple Listing Service

APN: 26-44-23-C3-03054.0470