NOT LISTED FOR SALE

3851 E Michigan Ave Fort Myers, FL 33905

Estimated Value: $1,775,067

4.63 Acres
$383,384 Price per Acre
201,683 Sq Ft Lot

Last Sold December 22, 2023

Last sale price $1,250,000

Est. 42% increase in value since last sale

Current estimated payment $12,149/month

152 Days on Market

About This Lot

As of December 2023

Great opportunity to invest. +/- 4.6 acres. Perfect location minutes from I-75.

Last Agent to Sell the Property

MARIANA RAMIREZ

Starlink Realty, Inc License #258028667 Listed on: 03/09/2023

Last Buyer's Agent

Mariana Ruiz Vallejo

INACTIVE AGENT ACCT License #249528262

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,371

Lot Details

  • 4.63 Acre Lot
  • Lot Dimensions are 337 x 664 x 312 x 664
  • North Facing Home

Property Views

  • Views of Woods

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Ballard Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16-44-25-p3-00069.0010

Property Details

Property Type

Land

Est. Annual Taxes

$7,371

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 4.63
  • Lot Size: 337 x 664 x 312 x 664
  • Subdivision Name: BALLARD ESTATES
  • Directions: Exit 139 on I-75, West on Fl-82 M.L. King Jr, right to Ortiz Ave, left of Michigan Ave. property is on the left side of the street.
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: See Remarks
  • View: Trees/Woods
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Cooling: See Remarks
  • Sewer: None
  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Other, See Remarks
  • Parcel #: 16-44-25-p3-00069.0010

Tax Info

  • Tax Annual Amount: 7371.0
  • Tax Block: NA
  • Tax Lot: NA
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Dec 20, 2023
Sold by
Indalven Group Inc
Bought by
Sp Palms Llc
Seller's Agent
MARIANA RAMIREZ
Starlink Realty, Inc
Buyer's Agent
Mariana Ruiz Vallejo
INACTIVE AGENT ACCT
List Price
$899,000
Sold Price
$1,250,000
Premium/Discount to List
$351,000
39.04%
Views
9
Current Estimated Value
$1,775,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,067
Original Mortgage
$875,000
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2021
Sold by
Three Brothers Property Llc
Bought by
Indalven Group Inc

Purchase Details

Closed on
Dec 3, 2013
Sold by
County Of Lee
Bought by
Three Brothers Property Llc
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
Sp Palms Llc $1,250,000 Fidelity National Title Of Flo
Indalven Group Inc $525,000 Attorney
Three Brothers Property Llc $23,818 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sp Palms Llc $11,700,000
Open Sp Palms Llc $20,000,000
Closed Sp Palms Llc $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $1,250,000 +39.0% --
08/09/2023 08/09/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $899,000 -- --
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 $33,302 $2,015,960 $2,015,960 --
2023 $8,632 $487,862 $0 $0
2022 $7,678 $443,511 $443,511 $0
2021 $3,700 $201,596 $201,596 $0
2020 $3,615 $201,596 $201,596 $0
2019 $3,467 $201,596 $201,596 $0
2018 $3,027 $151,197 $151,197 $0
2017 $5,882 $328,007 $328,007 $0
2016 $5,668 $328,007 $328,007 $0
2015 $4,694 $218,671 $218,671 $0
2014 $5,912 $273,339 $273,339 $0
2013 -- $273,339 $273,339 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MARIANA RAMIREZ

    Starlink Realty, Inc

    (239) 357-3792

    8 Total Sales

    MARIANA RAMIREZ
    Section Image

  • M

    Buyer's Agent in 2023

    Mariana Ruiz Vallejo

    INACTIVE AGENT ACCT

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223019017

Florida Gulf Coast Multiple Listing Service

APN: 16-44-25-P3-00069.0010

Florida Lee County Fort Myers 33905

3851 E Michigan Ave, Fort Myers, FL

This home is located at 3851 E Michigan Ave, Fort Myers, FL 33905 since 09 March 2023 and is currently priced at $1,775,067. 3851 E Michigan Ave is a home located in Lee County with nearby schools including Tice Elementary School, Orange River Elementary School, and Edgewood Academy.

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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