$216,500
SOLD FEB 26, 2025

4009 Palm Tree Blvd Unit 308 Cape Coral, FL 33904

Bimini Basin Neighborhood
2 Beds
2 Baths
1,391 Sq Ft
$609/mo HOA Fee

Recently Sold

$156 Per Sq Ft

25% Below List Price

245 Days on Market

Highlights

  • Community Cabanas
  • Gated Community
  • Clubhouse
  • Cape Elementary School Rated A-
  • View of Trees or Woods
  • High Ceiling

About This Home

As of February 2025

SOUTHWEST FACING, BIG, BRIGHT, AIRY, GORGEOUS END UNIT!!!! Sun all Day!! If you are looking for a community that has it all in the heart of Cape Coral, WELCOME TO BANYAN TRACE! Wonderful gated complex with resort style heated pool, hot tubs, tennis courts/pickle ball courts, bocce ball, clubhouse with fitness center & wonderful walking paths. Great SE Cape Coral location - close to downtown, shopping & more. This beautiful condo is the rarely available Augusta model and the largest floorplan in the complex. This light and bright third floor corner unit condo boasts 2 bedrooms, a den, and nearly 1400 square feet of living space with a covered carport. The spacious kitchen is beautifully appointed with all new stainless steel appliances, white cabinetry, light corian countertops, and two breakfast bars that open up to the great room, dining area, and den. The large master suite features a slider to the lanai, a huge walk-in closet, a large linen closet, master bath with double sinks and a tiled shower. The guest bedroom is very roomy to include a walkin closet, new carpet, and ceiling fan with the guest bath only steps away. The unit also includes an inside laundry room with a washer and dryer, a utility tub, an additional utility/storage room for the hot water heater and AC, and an exterior storage unit by the stairs. Recent updates included, new interior paint throughout the unit, new carpeting in the bedrooms, new luxury vinyl plank floors in living room, all new appliances in 2023, new hot water heater in 2024, new dining room chandelier, ceiling fan on lanai along with replacement of screen to the stronger no-seeum screen. Now you can sit back, Relax, and enjoy the serene parklike view from your very own screened in lanai. Don't Wait.....these end units don't come up often. ALSO Banyan Trace backs up to the Old Golf course that was just acquired by the city and clean up efforts are said to begin in the near future and beautiful enhancement plans to follow.

Last Agent to Sell the Property

Lea O'brien Pa

Miloff Aubuchon Realty Group License #258007915 Listed on: 06/25/2024

Last Buyer's Agent

Pat Eberle

Raso Realty Inc License #252012533

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,663

Year Built

  • Built in 2003

Lot Details

  • Property fronts a private road
  • North Facing Home
  • Zero Lot Line

HOA Fees

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,391 Sq Ft Home
  • 4-Story Property
  • High Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Great Room
  • Den
  • Screened Porch
  • Views of Woods
  • Security Gate

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Parking

  • 1 Detached Carport Space
  • Driveway
  • Assigned Parking

Outdoor Features

  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12-45-23-C2-04903.0308

Community Details

Overview

  • Association fees include management, cable TV, internet, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, street lights, trash, water
  • 232 Units
  • Association Phone (239) 542-4404
  • Mid-Rise Condominium
  • Fairway Villas Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Bocce Ball Court
  • Community Cabanas
  • Trails

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,663

Year Built

Built in 2003

Lot Details

0

HOA Fees

$609 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: FAIRWAY VILLAS
  • Directions: From Cape Coral Pkwy Head North on Palm Tree Blvd. Complex is on the right
  • Architectural Style: Mid Rise
  • Carport Y N: Yes
  • Entry Level: 3
  • Garage Yn: No
  • Year Built: 2003
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: ,,,
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, RefrigeratorWithIce Maker, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Dual Sinks, High Ceilings, Split Bedrooms, Shower Only, Separate Shower
  • Living Area: 1391.0
  • Dining Room Type: Bathroom, Den, Screened Porch, Great Room
  • Stories: 4
  • Window Features: Single Hung, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: None, Storage
  • Patio And Porch Features: Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, Driveway, Paved, One Space, Detached Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Tub
  • Security: Security Gate, Gated Community, Key Card Entry, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Elevator, Gated
  • Amenities: Bocce Court, Cabana, Clubhouse, Trail(s)
  • Association #2 Fee: 410.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 597.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Street Lights, Trash, Water

Lot Info

  • Parcel #: 12-45-23-C2-04903.0308
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 232

Tax Info

  • Tax Annual Amount: 4662.51
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Feb 26, 2025
Sold by
Brandt Diana
Bought by
Blazevic Lourdes
Seller's Agent
Lea O'brien Pa
Miloff Aubuchon Realty Group
Buyer's Agent
Pat Eberle
Raso Realty Inc
List Price
$289,000
Sold Price
$216,500
Premium/Discount to List
-$72,500
-25.09%
Views
45
Current Estimated Value
$220,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,189
Avg. Annual Appreciation
5.47%

Purchase Details

Listed on
Dec 14, 2021
Closed on
Jan 6, 2022
Sold by
Farese Ronald and Farese Mary Anne
Bought by
Brandt Diana
Seller's Agent
Elizabeth Flores
Sun Gulf Realty, LLC
Buyer's Agent
Lea O'Brien
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.79%

Purchase Details

Closed on
Jun 17, 2011
Sold by
Farese Ronald V
Bought by
Farese Ronald V and Farese Mary Anne
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
Warranty Deed $216,500 Premiere Title Services
Warranty Deed $270,000 Tropical Shells Title Llc
Interfamily Deed Transfer -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $216,500 -5.8% $156 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
01/22/2025 01/22/25 Price Changed $229,900 -10.9% $165 / Sq Ft
01/08/2025 01/08/25 Price Changed $258,000 -2.6% $185 / Sq Ft
11/20/2024 11/20/24 Price Changed $264,900 -5.4% $190 / Sq Ft
10/17/2024 10/17/24 Price Changed $279,900 -3.1% $201 / Sq Ft
06/25/2024 06/25/24 For Sale $289,000 +7.0% $208 / Sq Ft
01/06/2022 01/06/22 Sold $270,000 +1.9% $194 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $265,000 0.0% $191 / Sq Ft
08/14/2018 08/14/18 Rented -- -- --
07/15/2018 07/15/18 Under Contract -- -- --
05/07/2018 05/07/18 For Rent $1,200 +20.0% --
03/15/2017 03/15/17 For Rent $1,000 -- --
03/15/2017 03/15/17 Rented -- -- --
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 $3,390 $229,344 -- $229,344
2023 $4,663 $265,949 $0 $265,949
2022 $3,095 $160,101 $0 $0
2021 $2,806 $145,546 $0 $145,546
2020 $2,659 $132,430 $0 $132,430
2019 $2,647 $132,430 $0 $132,430
2018 $2,714 $133,238 $0 $133,238
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224054270

Florida Gulf Coast Multiple Listing Service

APN: 12-45-23-C2-04903.0308