NOT LISTED FOR SALE

Estimated Value: $387,000

2 Beds
2 Baths
3,326 Sq Ft
$116/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $400,000 $120 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,326/month

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Window Unit Cooling System
  • Cape Coral High School Rated A-
  • Canal Access
  • Patio

About This Home

As of November 2021

Very unique and desirable multi use income property on deep water intersecting canal. Big boat? No problem here. Gorgeous water view looks right down intersecting gulf access canals. Perfect location for office or retail space in the front unit and live in the back or rent it out. Back unit is spacious with over 2,500 square feet of living space with 2 bedrooms 2 baths baths plus a family room leading out to the outdoor patio overlooking the saltwater canal and private boat dock. The office or commercial space in front includes a conference room, lobby, office area, kitchen and bathroom. A total cash cow with three possible streams of income if you rent the boat dock. The property is zoned commercial in the front and residential in the rear. Ideal spot for tall boats as there are no bridges out to the Gulf of Mexico. Ideally located just minutes to the marina, a quick walk, bike, or golf cart ride to restaurants, shops, and bars.

Last Agent to Sell the Property

Dennis Warson

Keller Williams Realty Fort Myers and the Islands License #249514775 Listed on: 11/12/2021

Keller Williams Realty Fort Myers and the Islands

Last Buyer's Agent

Dennis Warson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,405

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80 x 120 x 80 x 120
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • Rectangular Lot

Home Design

  • Duplex
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 3,326 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Canal Access
  • Patio
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, telephone, water
  • Legal Lot and Block 4 / 4
  • Assessor Parcel Number 35-45-22-04-00004.0000

Community Details

Overview

  • 2 Units
  • Gulf Haven Subdivision

Amenities

  • Community Storage Space

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $2,400
  • Gross Income $26,400
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,405

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Lot Size: 80 x 120 x 80 x 120
  • Road Surface Type: Paved
  • Subdivision Name: GULF HAVEN
  • Architectural Style: Other, Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1973
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Window Features: Single Hung, Sliding

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: Canal Access, Intersecting Canal, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Patio, Storage
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated, Street Lights
  • Amenities: Storage
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 35-45-22-04-00004.0000
  • Zoning Description: C-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Property Net Operating Income: 24000.0
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Annual Amount: 4405.0
  • Tax Block: 4
  • Tax Lot: 4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 3, 2021
Sold by
Destefano Albert F and Martin Robert
Bought by
Harrold David and Lim Bee San
Seller's Agent
Dennis Warson
Keller Williams Realty Fort Myers and the Islands
Buyer's Agent
Dennis Warson
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%
Current Estimated Value
$387,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,000
Avg. Annual Appreciation
-3.05%

Purchase Details

Closed on
Aug 9, 2005
Sold by
Carlisle William P and Carlisle Verna S
Bought by
Destefano Albert F and Martin Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
5.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 10, 1997
Sold by
Carlisle Verna S and Carlisle William P
Bought by
Carlisle William P and Carlisle Verna S

Purchase Details

Closed on
Mar 30, 1995
Sold by
Naiman Nelson R
Bought by
Woodcock Verna

Purchase Details

Closed on
Jun 28, 1993
Sold by
Powell Bernard F
Bought by
Naiman Nelson R and Woodcock Verna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.44%
Mortgage Type
Commercial
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
Harrold David $400,000 Trinity Title Of Swfl Llc
Destefano Albert F $565,000 --
Carlisle William P -- --
Woodcock Verna $54,500 --
Naiman Nelson R $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Destefano Albert F $452,000
Previous Owner Carlisle William P $297,000
Previous Owner Carlisle William P $26,700
Previous Owner Carlisle William P $216,000
Previous Owner Naiman Nelson R $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $400,000 -19.8% $120 / Sq Ft
11/12/2021 11/12/21 For Sale $499,000 -- $150 / 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 $2,194 $225,603 $201,148 --
2023 $2,194 $172,772 $154,958 $0
2022 $4,552 $461,246 $133,135 $312,111
2021 $4,635 $294,327 $124,331 $169,996
2020 $4,405 $276,101 $103,330 $172,771
2019 $4,521 $277,957 $103,330 $174,627
2018 $4,686 $283,329 $103,330 $179,999
2017 $4,848 $286,063 $105,020 $181,043
2016 $4,776 $291,066 $119,115 $171,951
2015 $4,112 $243,841 $119,247 $124,594
2014 -- $261,660 $137,058 $124,602
2013 -- $261,802 $137,191 $124,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221075975

Florida Gulf Coast Multiple Listing Service

APN: 35-45-22-04-00004.0000