$2,850,000
SOLD AUG 11, 2025

340 Palm Ave Boca Grande, FL 33921

Gasparilla Island Neighborhood
2 Beds
1 Bath
1,080 Sq Ft
4,661 Sq Ft Lot

Recently Sold

$2,639 Per Sq Ft

900% Above List Price

0 Day on Market

Highlights

  • No HOA
  • Built-In Features
  • Central Heating and Cooling System
  • North Fort Myers High School Rated A
  • Living Room
  • 3-minute walk to Sam Murphy Park

About This Home

As of August 2025

Charming 2BR/1BA cottage on Palm Avenue in Boca Grande, offering coastal character, bright interiors, and an unbeatable island location just minutes from beaches and shops.

Last Agent to Sell the Property

Robert Melvin

KELLER WILLIAMS TAMPA CENTRAL Brokerage Phone: 813-865-0700 License #443006 Listed on: 08/11/2025

KELLER WILLIAMS TAMPA CENTRAL

Co-Listed By

John Morgan IV

KELLER WILLIAMS TAMPA CENTRAL Brokerage Phone: 813-865-0700 License #3427976

Last Buyer's Agent

Robert Melvin

KELLER WILLIAMS TAMPA CENTRAL Brokerage Phone: 813-865-0700 License #443006 Listed on: 08/11/2025

KELLER WILLIAMS TAMPA CENTRAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,973

Year Built

  • Built in 1906

Lot Details

  • 4,661 Sq Ft Lot
  • Lot Dimensions are 51x100
  • West Facing Home
  • Irrigation Equipment
  • Property is zoned RS-1

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Betton Hill Add 12 Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 13
  • Assessor Parcel Number 14-43-20-01-00013.0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,973

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 1080
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1906
  • Building Area Total: 1080
  • Lot Size Sq Ft: 4661
  • Status: Sold
  • Co List Office Mls Id: MFR776125
  • Co List Office Phone: 813-865-0700
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 100.34
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 2638.89
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 813-865-0700
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Interior Amenities: Built-in Features
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater
  • Foundation Details: Other
  • Total Bedrooms: 2
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Stories: 1
  • Living Area Meters: 100.34

Exterior Features

  • Direction Faces: West
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12071C0182G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RS-1
  • Parcel Number: 14-43-20-01-00013.0060
  • Additional Parcels: No
  • Lot Dimensions: 51x100
  • Flood Zone Code: AE

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 17972.54
  • Tax Block: 13
  • Tax Book Number: 7-1
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2025
Sold by
Smith Jeri Gage
Bought by
340 Palm Cottage Llc
Current Estimated Value
$2,785,498

Purchase Details

Listed on
Aug 11, 2025
Closed on
Aug 5, 2025
Sold by
Frisoli Gregory V and Frisoli Pamela R
Bought by
Smith Jeri Gage
Seller's Agent
Robert Melvin
KELLER WILLIAMS TAMPA CENTRAL
Buyer's Agent
Robert Melvin
KELLER WILLIAMS TAMPA CENTRAL
List Price
$285,000
Sold Price
$2,850,000
Premium/Discount to List
$2,565,000
900%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.85%

Purchase Details

Closed on
May 14, 2009
Sold by
Melton Elizabeth Anne and Melton Claude Edward
Bought by
Frisoli Gregory V and Frisoli Pamela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 13, 2001
Sold by
Hoffman Louise and Melton Elizabeth Ann
Bought by
Hoffman Louise and Melton Elizabeth Ann

Purchase Details

Closed on
Jul 5, 1995
Sold by
Hoffman Louise Q
Bought by
Hoffman Louise Q and Melton Elizabeth Anne

Purchase Details

Closed on
Jun 9, 1995
Sold by
Hoffman Louise Q
Bought by
Hoffman Louise Q and Melton Elizabeth Anne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Special Warranty Deed $100 None Listed On Document
Warranty Deed $2,850,000 Fortis Title & Escrow
Warranty Deed $450,000 Attorney
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $315,000 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2025 08/11/25 Sold $2,850,000 +900.0% $2,639 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
08/11/2025 08/11/25 For Sale $285,000 -- $264 / Sq Ft
Source: Stellar MLS

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
2025 $17,973 $1,419,564 -- --
2024 $17,973 $1,290,513 -- --
2023 $19,395 $1,173,194 $0 $0
2022 $18,391 $1,066,540 $0 $0
2021 $13,993 $1,132,247 $781,139 $351,108
2020 $13,161 $1,039,256 $776,250 $263,006
2019 $12,445 $1,005,341 $776,250 $229,091
2018 $11,543 $910,869 $776,250 $134,619
2017 $10,495 $780,859 $675,000 $105,859
2016 $9,381 $656,434 $452,901 $203,533
2015 $8,368 $547,304 $352,771 $194,533
2014 -- $536,297 $352,619 $183,678
2013 -- $461,606 $322,907 $138,699
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Robert Melvin

    KELLER WILLIAMS TAMPA CENTRAL

    (941) 473-5444

    53 in this area

    94 Total Sales

    Robert Melvin
    Section Image
  • John Morgan IV

    Seller Co-Listing Agent in 2025

    John Morgan IV

    KELLER WILLIAMS TAMPA CENTRAL

    (813) 727-5597

    3 in this area

    138 Total Sales

    John Morgan IV
    Section Image
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Map

Source: Stellar MLS

MLS Number: TB8416295

Stellar MLS

APN: 14-43-20-01-00013.0060

Florida Lee County Boca Grande 33921 Gasparilla Island

340 Palm Ave, Boca Grande, FL

Sold

Detached

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.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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