4005 Palm Tree Blvd Unit 406 Cape Coral, FL 33904
Bimini Basin Neighborhood
2
Beds
2
Baths
1,150
Sq Ft
$717/mo
HOA Fee
Highlights
- Gated Community
- Clubhouse
- Pool View
- Cape Elementary School Rated A-
- Vaulted Ceiling
- Furnished
About This Home
As of March 2025Huge Price correction. Making this the best deal in Banyan Trace! BEAUTIFUL TOP FLOOR CONDO WITH VAULTED CEILINGS. This GORGEOUS condo is TURNKEY with all the furnishings. Condo offers a fantastic layout--a great room design with a spacious kitchen, dining area, large primary bedroom, den/offoce, inside laundry room--water heater just replaced, with a full size washer and dryer, screened real lanai/balcony overlooking the POOL and what is to become the City Park.. All buildings have assigned covered parking, elevators, and outside storage units per unit. Situated in a GATED community with a highly desired South Cape location. Close Sanibel and Ft Myers Beach as well as dining, shopping, and parks. There is a Heated community POOL & SPA, tennis courts/pickelball, bocce, exercise room, club house, cabana, and apicnic area. This unit is well cared for and decorated beautifully. Dont miss this!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,221
Year Built
- Built in 2002
Lot Details
- West Facing Home
- Sprinkler System
HOA Fees
Home Design
- Tile Roof
- Stucco
Interior Spaces
- 1,150 Sq Ft Home
- 4-Story Property
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Single Hung Windows
- Great Room
- Combination Dining and Living Room
- Den
- Screened Porch
- Tile Flooring
- Pool Views
- Security Gate
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
Parking
- 1 Detached Carport Space
- Assigned Parking
Outdoor Features
- Balcony
- Screened Patio
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 406 / 4600
- Assessor Parcel Number 12-45-23-C2-04600.0406
Community Details
Overview
- Association fees include management, ground maintenance, pest control, sewer, trash, water
- 192 Units
- Association Phone (239) 689-3080
- Mid-Rise Condominium
- Clubhouse Villas Subdivision
Amenities
- Clubhouse
- Elevator
Recreation
- Tennis Courts
- Bocce Ball Court
- Community Pool
Pet Policy
- Call for details about the types of pets allowed
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 4, 2024
Closed on
Mar 21, 2025
Sold by
Chace Ellyn Jane and Santoli Adriana
Bought by
Segal David Lee and Blevins-Howard Ashley Lynn
Seller's Agent
Judy Ramage
RE/MAX Trend
Buyer's Agent
Ryan Smith
CoastalEdge Real Estate LLC
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%
Total Days on Market
107
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.41%
Purchase Details
Listed on
Sep 12, 2023
Closed on
Jan 26, 2024
Sold by
Knudsen Jorgen
Bought by
Chace Ellyn Jane and Santoli Adriana
Seller's Agent
Doug Stokes
Re/Max Sunshine
Buyer's Agent
Judy Ramage
RE/MAX Trend
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Views
51
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.54%
Purchase Details
Closed on
Jul 16, 2010
Sold by
Lcm Llc
Bought by
Faber Dean and Faber Judith
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Similar Homes in Cape Coral, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $205,000 | Realty Title | |
| Warranty Deed | $275,000 | Title Professionals | |
| Warranty Deed | $94,500 | Fidelity Natl Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $0 | Stand Alone First |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | Pending | -- | -- | -- |
| 03/21/2025 03/21/25 | Sold | $205,000 | -8.9% | $178 / Sq Ft |
| 01/18/2025 01/18/25 | Price Changed | $225,000 | -10.0% | $196 / Sq Ft |
| 12/04/2024 12/04/24 | For Sale | $250,000 | -9.1% | $217 / Sq Ft |
| 01/29/2024 01/29/24 | Pending | -- | -- | -- |
| 01/26/2024 01/26/24 | Sold | $275,000 | -3.2% | $239 / Sq Ft |
| 11/27/2023 11/27/23 | Price Changed | $284,000 | -3.7% | $247 / Sq Ft |
| 09/12/2023 09/12/23 | For Sale | $295,000 | -- | $257 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
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 | $4,047 | $230,394 | -- | $230,394 |
| 2023 | $1,221 | $89,576 | $0 | $0 |
| 2022 | $1,067 | $86,967 | $0 | $0 |
| 2021 | $1,038 | $141,174 | $0 | $141,174 |
| 2020 | $1,027 | $83,268 | $0 | $0 |
| 2019 | $987 | $81,396 | $0 | $0 |
| 2018 | $970 | $79,878 | $0 | $0 |
| 2017 | $938 | $78,235 | $0 | $0 |
| 2016 | $918 | $126,018 | $0 | $126,018 |
| 2015 | $907 | $109,700 | $0 | $109,700 |
| 2014 | -- | $102,100 | $0 | $102,100 |
| 2013 | -- | $78,800 | $0 | $78,800 |
Source: Public Records
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 224097233
APN: 12-45-23-C2-04600.0406
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