NOT LISTED FOR SALE

3424 SW 7th Terrace Cape Coral, FL 33991

Burnt Store Neighborhood

Estimated Value: $341,000 - $1,313,298

0.27 Acre
$2,453,981 Price per Acre
11,761 Sq Ft Lot

Last Sold February 21, 2020

Last sale price $150,000

Est. 342% increase in value since last sale

Current estimated payment $4,084/month

Highlights

  • Boat Dock
  • Oversized Lot
  • 4-minute walk to Joe Stonis Park
  • Cape Elementary School Rated A-
  • Waterfront Basin

About This Lot

As of February 2020

Seller wants this property to be sold**** Bring an offer!! Utilities Expansion Project is scheduled to be complete in this area very soon. Buy now and have a seawall constructed before the potential huge price increase on seawalls! Lender financing available for this property with as little as 10% down! Check this property out. This is an oversize vacant waterfront property on a direct access - no bridges basin. ** Easy access to Matlacha Pass and some of the best fishing in the world! ** Fantastic view from this southeastern exposure home-site. Having an extra 28 feet of width on the water will allow for a great deal of flexibility in the custom design of your home. This property lies in the "North 2" Utility Expansion Area. Close to schools, shopping, and many many restaurants.

Last Agent to Sell the Property

Randy Downey

Miloff Aubuchon Realty Group License #258005118 Listed on: 04/11/2017

Miloff Aubuchon Realty Group

Last Buyer's Agent

Sam Yaffey

Experience Real Estate Group License #258020097

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,866

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 79 x 125 x 108 x 125
  • Northwest Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Utilities

  • Well
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 30 / 5332
  • Assessor Parcel Number 18-44-23-C3-05332.0300

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Waterfront Basin

Property Details

Property Type

Land

Est. Annual Taxes

$2,866

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.27
  • Lot Size: 79 x 125 x 108 x 125
  • Subdivision Name: CAPE CORAL
  • Directions: From Pine Island Rd travel north to Ceitus Pkwy - turn left, to SW 6th St turn left. to left on SW 7th Ln. to right on SW 7th Ter - property on left
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • Waterfront Features: Basin
  • Waterfront: Yes
  • Direction Faces: Northwest

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Not Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 18-44-23-C3-05332.0300
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2866.0
  • Tax Block: 5332
  • Tax Lot: 30
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2017
Closed on
Feb 21, 2020
Sold by
Levi Land Development Limited
Bought by
Coy Aaron E and Poznanski Kerry Ann
Seller's Agent
Randy Downey
Miloff Aubuchon Realty Group
Buyer's Agent
Sam Yaffey
Experience Real Estate Group
List Price
$330,000
Sold Price
$150,000
Premium/Discount to List
-$180,000
-54.55%
Current Estimated Value
$662,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,575
Avg. Annual Appreciation
27.01%
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
Coy Aaron E $150,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $150,000 -54.5% --
01/22/2020 01/22/20 Pending -- -- --
04/11/2017 04/11/17 For Sale $330,000 -- --
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 $6,018 $179,685 -- --
2023 $6,018 $163,350 $0 $0
2022 $5,414 $148,500 $0 $0
2021 $5,016 $135,000 $135,000 $0
2020 $5,320 $131,250 $131,250 $0
2019 $5,134 $121,800 $121,800 $0
2018 $5,177 $121,800 $121,800 $0
2017 $2,866 $148,050 $148,050 $0
2016 $2,734 $148,050 $148,050 $0
2015 $2,496 $126,000 $126,000 $0
2014 $2,233 $102,900 $102,900 $0
2013 -- $103,400 $103,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Downey

    Seller's Agent in 2020

    Randy Downey

    Miloff Aubuchon Realty Group

    (239) 541-3747

    16 in this area

    166 Total Sales

    Randy Downey
    Section Image
  • Sam Yaffey

    Buyer's Agent in 2020

    Sam Yaffey

    Experience Real Estate Group

    (239) 410-2324

    97 in this area

    157 Total Sales

    Sam Yaffey
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217019032

Florida Gulf Coast Multiple Listing Service

APN: 18-44-23-C3-05332.0300

Florida Lee County Cape Coral 33991 Burnt Store

3424 SW 7th Terrace, Cape Coral, FL

This home is located at 3424 SW 7th Terrace, Cape Coral, FL 33991 since 11 April 2017 and is currently estimated at $662,575. 3424 SW 7th Terrace is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and J. Colin English Elementary School.

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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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