$144,000
SOLD JAN 8, 2016

383 Palmyra Ave Unit 1-2 Lehigh Acres, FL 33974

Alabama Neighborhood
6 Beds
4 Baths
2,438 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

1% Below List Price

47 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of September 2016

Great Duplex 3 bedrooms 2 bathrooms and 1 car garage each side. Long term tenants in place. Current market rent for units like these is minimum $800 per month. You are looking at 10% up annual return on investment if self-managed. The left side is all carpet with tile on the wet areas, the right side is laminate mostly with carpet in one bedroom and tile in the wet areas as well. Close to Gulf course and St Rd 82. Easy access to I-75, minutes drive to malls, beaches, and all that SW Florida has to offer.

Last Agent to Sell the Property

Rene Alvarez

Innova Real Estate Corp License #258009053 Listed on: 10/22/2015

Last Buyer's Agent

Aleida Santana

Mega Realty International, Inc License #258022154

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 2007

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,438 Sq Ft Home
  • Double Hung Windows

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tenant pays for departure cleaning, electricity, internet, pest control, water treatment
  • Legal Lot and Block 23 / 48
  • Assessor Parcel Number 07-45-27-10-00048.0230

Community Details

Overview

  • 2 Units
  • Southwood Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,300
  • Net Operating Income $13,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,491

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Lot Size: 80 x 125 x 80 x 125
  • Subdivision Name: SOUTHWOOD
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2007
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate, Tile
  • Window Features: Double Hung, Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 07-45-27-10-00048.0230
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Departure Cleaning, Electricity, Internet, Pest Control, Water Treatment

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 13500.0
  • Annual Operating Expense: 3300.0

Tax Info

  • Tax Annual Amount: 2491.0
  • Tax Block: 48
  • Tax Lot: 23
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Jorvelus Kerline and Jorvelus Sophony
Bought by
Jorvelus Kerline and Jorvelus Sophony
Current Estimated Value
$427,058

Purchase Details

Listed on
Jun 13, 2016
Closed on
Sep 13, 2016
Sold by
Ventura Joluven
Bought by
Jorvelus Kerline and Jorvelus Sophony
Seller's Agent
Aleida Santana
Mega Realty International, Inc
Buyer's Agent
Sophony Jorvelus
Rossman Realty Group Inc
List Price
$170,000
Sold Price
$172,000
Premium/Discount to List
$2,000
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$137,600
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2016
Sold by
Toyo Moraima Treto
Bought by
Ventura Joluven

Purchase Details

Listed on
Oct 22, 2015
Closed on
Jan 8, 2016
Sold by
Mci Florida Development Llc
Bought by
Toyo Moraima Treto
Seller's Agent
Rene Alvarez
Innova Real Estate Corp
Buyer's Agent
Aleida Santana
Mega Realty International, Inc
List Price
$144,900
Sold Price
$144,000
Premium/Discount to List
-$900
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$108,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2014
Sold by
Poti Investments Llc
Bought by
Mci Florinda Development Llc

Purchase Details

Closed on
Jun 13, 2014
Sold by
Distefano Timothy
Bought by
Poti Investments Llc

Purchase Details

Closed on
Nov 18, 2008
Sold by
Dupont Builders Inc
Bought by
Distefano Timothy

Purchase Details

Closed on
Apr 23, 2005
Sold by
Burgess Walter A and Burgess Ann W
Bought by
Bailey Shawn
Source: Public Records

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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
Quit Claim Deed $100 None Listed On Document
Warranty Deed $172,000 Breeze Escrow & Title Inc
Quit Claim Deed -- None Available
Warranty Deed $144,000 Attorney
Warranty Deed $110,900 Attorney
Warranty Deed $89,900 None Available
Corporate Deed $70,000 Stewart Title Company
Warranty Deed $43,000 Patriot Title Services Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $137,600 Commercial
Previous Owner $108,000 Commercial
Previous Owner $700,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2016 09/14/16 Sold $172,000 +1.2% $71 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $170,000 +18.1% $70 / Sq Ft
01/08/2016 01/08/16 Sold $144,000 -0.6% $59 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $144,900 -- $59 / 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 $4,707 $300,479 $16,784 $278,512
2023 $4,080 $229,098 $0 $0
2022 $3,664 $208,271 $0 $0
2021 $3,216 $189,337 $6,000 $183,337
2020 $3,108 $176,846 $5,000 $171,846
2019 $3,362 $167,955 $4,500 $163,455
2018 $3,202 $155,837 $4,500 $151,337
2017 $3,010 $142,932 $4,000 $138,932
2016 $2,633 $116,421 $4,000 $112,421
2015 $2,491 $106,882 $3,300 $103,582
2014 -- $93,194 $2,445 $90,749
2013 -- $71,702 $2,400 $69,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215059486

Florida Gulf Coast Multiple Listing Service

APN: 07-45-27-L3-10048.0230