NOT LISTED FOR SALE

3500 Estero Blvd Fort Myers Beach, FL 33931

Estimated Value: $2,261,000 - $3,024,000

4 Beds
3 Baths
2,127 Sq Ft
$1,241/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $2,200,000 $1,034 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $16,752/month

Highlights

  • Beach Front
  • Community Beach Access
  • Gulf View
  • Fort Myers Beach Elementary School Rated A-
  • Heated Spa
  • Deck

About This Home

As of April 2020

Paradise found! This special stretch of Direct Beachfront is located in the most desired section of FMB, right next to the most expensive homes ever sold on the beach. Be swept away in this tropical paradise. Listen to the waves crash under the swaying palm trees while enjoying the gentle cool breeze, sugary soft sand and a direct western facing view for endless sunsets! This property offers a multitude of options. Currently set up as a successful vacation rental property with 2 separate homes, you may continue bookings and realize great rental income. The main home and cottage have been upgraded, well kept and are ready to enjoy immediately. Open concept, granite counters, stainless appliances and beachfront hot tub are a few of the amenities you’ll enjoy. If you prefer to build new, this 72’ wide by 144’ deep lot affords the opportunity to build your dream home with ease. If you’re looking to create a family compound or generate even more income, this property is zoned ‘multi-family’, allowing one to construct two attached Villas (like the properties just built to the south). The options are endless and the inventory is dwindling, especially on special properties like this one.

Last Agent to Sell the Property

Vince Rigoni

Premiere Plus Realty Company License #249519444 Listed on: 03/17/2020

Premiere Plus Realty Company

Last Buyer's Agent

Carolyn Caney

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,833

Year Built

  • Built in 1943

Lot Details

  • 10,367 Sq Ft Lot
  • Lot Dimensions are 72 x 143 x 72 x 144
  • Beach Front
  • Property fronts gulf or ocean
  • East Facing Home
  • Oversized Lot
  • Property is zoned TFC2

Parking

  • Common or Shared Parking

Home Design

  • Florida Architecture
  • Entry on the 1st floor
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,127 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Sliding Windows
  • Open Floorplan
  • Gulf Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 6 / 100
  • Assessor Parcel Number 29-46-24-W1-00100.0060

Community Details

Overview

  • No Home Owners Association
  • Cases Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,833

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.238
  • Lot Size: 72 x 143 x 72 x 144
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CASES
  • Directions: Perfectly located on the North End of Fort Myers Beach, near Times Square. This is a highly desired stretch of beachfront, located right next to the most expensive single family homes ever sold on Ft Myers Beach.
  • Architectural Style: Florida, Other
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1943
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Spa Features: Above Ground, Electric Heat
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Family/Dining Room, Fireplace, Living/Dining Room, Tub Shower, High Speed Internet
  • Living Area: 2127.0
  • Stories: 1
  • Window Features: Single Hung, Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Oversized Lot, See Remarks
  • Pool Private: No
  • View: Gulf, Landscaped, Water
  • View: Yes
  • Waterfront Features: Beach Front, Gulf
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Direction Faces: East
  • Exterior Features: Deck
  • Patio And Porch Features: Deck, Open, Porch
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Common

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air, Ceiling Fan(s), Electric, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Beach Rights, Beach Access
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 29-46-24-W1-00100.0060
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 21833.0
  • Tax Block: 100
  • Tax Lot: 6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
James L Corlew Sr Irrevocable Spousal Li
Bought by
Gru Llc
Current Estimated Value
$2,640,000

Purchase Details

Closed on
Feb 26, 2022
Sold by
Corlew Sr James L and Corlew Betty C
Bought by
Curlew James L

Purchase Details

Listed on
Mar 17, 2020
Closed on
Apr 16, 2020
Sold by
Align With Universe Head To Beach Llc
Bought by
Corlew James L and Corlew Betty C
Seller's Agent
Vince Rigoni
Premiere Plus Realty Company
Buyer's Agent
Carolyn Caney
List Price
$2,694,000
Sold Price
$2,200,000
Premium/Discount to List
-$494,000
-18.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%

Purchase Details

Listed on
Jan 9, 2019
Closed on
May 10, 2019
Sold by
3502 Estero Llc
Bought by
Align With Universe Head To Beach Llc
Seller's Agent
Douglas Grant
John R Wood Properties
Buyer's Agent
Vince Rigoni
Premiere Plus Realty Company
List Price
$2,499,000
Sold Price
$2,250,000
Premium/Discount to List
-$249,000
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.36%
Original Mortgage
$1,687,500
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2008
Sold by
Irrevocab Becton Jean Campbell Redpath
Bought by
3502 Estero Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 2008
Sold by
Redpath William M
Bought by
3502 Estero Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6%
Mortgage Type
Credit Line Revolving
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
Gru Llc $3,100,000 None Listed On Document
Curlew James L -- None Listed On Document
James L Corlew Sr Irrevocable Spousal Lifetim -- None Listed On Document
Corlew James L $2,200,000 Sunset Coast Escrow & Ttl Ll
Align With Universe Head To Beach Llc $2,250,000 Attorney
3502 Estero Llc $1,300,000 Executive Title Ins Svcs Inc
3502 Estero Llc $433,400 Executive Title Ins Svcs Inc
3502 Estero Llc $433,400 Executive Title Ins Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Align With Universe Head To Beach Llc $1,687,500
Previous Owner 3502 Estero Llc $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2020 04/17/20 Sold $2,200,000 -18.3% $1,034 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $2,694,000 +19.7% $1,267 / Sq Ft
05/10/2019 05/10/19 Sold $2,250,000 -10.0% $1,058 / Sq Ft View Prior Sale
03/22/2019 03/22/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $2,499,000 -- $1,175 / 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
2025 $33,562 $2,595,331 $2,595,331 --
2024 $33,562 $2,504,417 $2,504,417 --
2023 $29,821 $2,159,909 $2,159,909 $0
2022 $30,451 $1,899,470 $0 $0
2021 $25,330 $1,726,791 $1,262,500 $464,291
2020 $22,452 $1,489,836 $1,262,500 $227,336
2019 $21,833 $1,438,958 $1,169,000 $269,958
2018 $20,406 $1,379,208 $1,169,000 $210,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220019503

Florida Gulf Coast Multiple Listing Service

APN: 29-46-24-W1-00100.0060