NOT LISTED FOR SALE

3970 Colonial Blvd Fort Myers, FL 33966

Westwood Neighborhood

Estimated Value: $7,192,625

40.4 Acres
$178,035 Price per Acre
1,759,824 Sq Ft Lot

Last Sold December 01, 2021

Last sale price $10,995,000

Est. 35% decrease in value since last sale

Current estimated payment $38,336/month

243 Days on Market

Highlights

  • City View
  • Fort Myers High School Rated A
  • 40.4 Acre Lot

About This Lot

As of December 2021

Great 40 acre development site fronting Colonial Blvd in Fort Myers, one of Lee County's busiest arterials with over 54,000 vehicular trips daily. Located in the City's mixed use district, the range of commercial uses and multi-family development up to 25 units/acres are permitted. Survey, environmental assessment and other information available upon request.

Last Agent to Sell the Property

Annette Barbaccia

Miloff Aubuchon Realty Group License #258012566 Listed on: 03/02/2021

Miloff Aubuchon Realty Group

Last Buyer's Agent

Annette Barbaccia

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $105

Lot Details

  • 40.4 Acre Lot
  • Lot Dimensions are 925 x 1004 x 1330 x 1325
  • North Facing Home
  • Property is zoned CG

Additional Features

  • City Views
  • Cable TV Available

Community Details

  • Fort Myers Subdivision

Listing and Financial Details

  • Tax Block 11
  • Assessor Parcel Number 32-44-25-P3-00011.0000

Property Details

Property Type

Land

Est. Annual Taxes

$105

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 40.4
  • Lot Size: 925 x 1004 x 1330 x 1325
  • Road Frontage Type: See Remarks
  • Subdivision Name: FORT MYERS
  • Directions: From US 41 head east and property is on south side of Colonial Blvd next to Brothers Lighting.
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Multiple lots, See Remarks, Acreage
  • View: City
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Commercial
  • Parcel #: 32-44-25-P3-00011.0000
  • Zoning Description: CG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 105.0
  • Tax Block: 11
  • Tax Lot: NA
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2008
Sold by
Colonial 40 I Llc
Bought by
Riverside Investors Llc
Current Estimated Value
$7,192,625

Purchase Details

Closed on
Dec 1, 2005
Sold by
Premier Design Homes Of Naples/Ft Meyers
Bought by
Colonial 40 I Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Riverside Investors Llc $3,300,000 Attorney
Colonial 40 I Llc $13,500,000 None Available
Premier Design Homes Of Naples/Ft Meyers $6,800,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $10,995,000 +0.4% --
11/01/2021 11/01/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $10,950,000 -- --
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 $181 $11,008 -- --
2023 $181 $10,720 $0 $0
2022 $194 $11,210 $0 $0
2021 $122 $6,629 $0 $0
2020 $107 $5,595 $5,595 $0
2019 $105 $5,368 $5,368 $0
2018 $109 $5,426 $5,426 $0
2017 $114 $5,538 $5,538 $0
2016 $133 $6,330 $6,330 $0
2015 $107 $4,970 $4,970 $0
2014 $122 $5,651 $5,651 $0
2013 -- $22,519 $22,519 $0
Source: Public Records

Agents Affiliated with this Home

  • Annette Barbaccia

    Seller's Agent in 2021

    Annette Barbaccia

    Miloff Aubuchon Realty Group

    (239) 850-8301

    1 in this area

    51 Total Sales

    Annette Barbaccia
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221015966

Florida Gulf Coast Multiple Listing Service

APN: 32-44-25-P3-00011.0000

Florida Lee County Fort Myers 33916 Westwood

3970 Colonial Blvd, Fort Myers, FL

This home is located at 3970 Colonial Blvd, Fort Myers, FL 33966 since 02 March 2021 and is currently priced at $7,192,625. 3970 Colonial Blvd is a home located in Lee County with nearby schools including Orangewood Elementary School, Allen Park Elementary School, and Edison Park Creative & Expressive Arts 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

Nearby Homes