$280,000
$40K PRICE DROP

3905 SW Santa Barbara Place Cape Coral, FL 33914

Pelican Neighborhood

Estimated payment $1,720/month

Total Views 639
0.43 Acre
$651,163 Price per Acre
18,731 Sq Ft Lot

About This Lot

MULTI-FAMILY Lot for Sale – BUILD-UP to 6 UNITS!!!
Exceptional opportunity to develop a multi-family apartment building with up to 6 units. This centrally located lot is just minutes from downtown Cape Coral and within walking distance to shopping, restaurants, and entertainment. Whether you’re an investor or developer, this prime location offers strong rental potential in a growing market. ASSESSMENTS PAID!!

Listing Agent

Yitzy Laza

O K Realty Inc License #249526216 Listed on: 05/02/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,032

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 133 x 120 x 140 x 120
  • Northeast Facing Home
  • Property is zoned R3-D

Property Views

  • City Views

Utilities

  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 14+15+16 / 1641
  • Assessor Parcel Number 02-45-23-C3-01641.0140

Property Details

Property Type

Land

Est. Annual Taxes

$2,032

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.43
  • Lot Size: 133 x 120 x 140 x 120
  • Subdivision Name: CAPE CORAL
  • Directions: GPS
  • Property Sub Type Additional: Residential,Unimproved Land
  • Pets No Pets Comments: ,,,
  • Special Features: None

Exterior Features

  • Lot Features: Multiple lots
  • View: City
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Familial Relation, RV Restriction(s)
  • Direction Faces: Northeast

Utilities

  • Sewer: Assessment Paid
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 02-45-23-C3-01641.0140
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2032.0
  • Tax Block: 1641
  • Tax Lot: 14+15+16
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,095 $54,834 -- --
2023 $2,083 $49,849 $0 $0
2022 $1,325 $45,317 $45,317 $0
2021 $1,185 $35,075 $35,075 $0
2020 $1,086 $31,395 $31,395 $0
2019 $1,036 $31,395 $31,395 $0
2018 $1,020 $29,900 $29,900 $0
2017 $1,126 $36,903 $36,903 $0
2016 $765 $28,750 $28,750 $0
2015 $640 $17,480 $17,480 $0
2014 $549 $13,570 $13,570 $0
2013 -- $10,900 $10,900 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $280,000 -12.5% --
05/01/2025 05/01/25 For Sale $320,000 +77.8% --
12/23/2021 12/23/21 Sold $180,000 -21.7% --
12/23/2021 12/23/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $230,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 Cape Coral Ttl Ins Agcy Inc
Warranty Deed $100,000 Attorney
Warranty Deed -- Cape Coral Title Ins Agency
Warranty Deed $58,000 Capecoral Title Ins Agency
Warranty Deed -- Cape Coral Title Ins Agency
Warranty Deed -- Cape Coral Title Ins Agency
Personal Reps Deed -- --
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225043882

Florida Gulf Coast Multiple Listing Service

APN: 02-45-23-C3-01641.0140