NOT LISTED FOR SALE

Clubhouse Villas at Banyan Trace 4015 Palm Tree Blvd Unit 402 Cape Coral, FL 33904

Bimini Basin Neighborhood

Estimated Value: $195,638 - $234,000

2 Beds
2 Baths
1,198 Sq Ft
$145/mo HOA Fee

Last Sold April 23, 2018

Last sale price $150,000 $125 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,393/month

52 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Vaulted Ceiling
  • Cape Elementary School Rated A-
  • Clubhouse
  • Furnished

About This Home

As of April 2018

Paradise found in this delightfully appointed Penthouse offering 2 bedrooms + Den, 2 bathrooms, in the popular Doral model. Offers lots of sunlight in the dining and living area, vaulted ceilings in this 4th floor unit and move in ready. Enjoy a morning coffee on the enclosed lanai overlooking a private setting. Banyan Trace is a gated community featuring a Resort style pool/spa area, gazebo with an additional spa, bocce, fitness center and tennis. Low monthly fees that include your water, trash, internet, cable and more. For the investor minded buyer, this property is ideal! Ready for immediate rental income upon closing in this fully furnished unit. The Den can be used as an office and/or guest room that features a convertible couch. New refrigerator and water heater. The storage unit is just steps away from your unit door with lots of room to store your bikes and beach gear. One covered parking space under the carport area and ample guest parking at this building. This is an active community, so meet your neighbor at the resort style pool or for a game of tennis. This community offers sidewalks and beautifully landscaped grounds. This is a Pet friendly building!

Last Agent to Sell the Property

Debbie Stack

Jones & Co Realty License #258015809 Listed on: 01/30/2018

Jones & Co Realty

Last Buyer's Agent

Debbie Stack

Jones & Co Realty License #258015809 Listed on: 01/30/2018

Jones & Co Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,229

Year Built

  • Built in 2003

Lot Details

  • South Facing Home

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 1 Detached Carport Space

Home Design

  • Entry on the 4th floor
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,198 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Vaulted Ceiling
  • Sliding Windows
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 402 / 5400
  • Assessor Parcel Number 12-45-23-C2-05400.0402

Community Details

Overview

  • Association fees include cable TV, insurance, internet, irrigation water, ground maintenance, pest control, recreation facilities, sewer, trash, water
  • 128 Units
  • Association Phone (239) 542-4404
  • Mid-Rise Condominium
  • Fairway Villas Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Bocce Ball Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,229

Year Built

Built in 2003

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Ownership: Condo
  • Subdivision Name: FAIRWAY VILLAS
  • Architectural Style: Mid Rise
  • Carport Y N: Yes
  • Entry Level: 4
  • Garage Yn: No
  • Year Built: 2003
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Entrance Foyer, Eat-in Kitchen, High Speed Internet, Shower Only, Separate Shower, Vaulted Ceiling(s)
  • Living Area: 1198.0
  • Stories: 4
  • Window Features: Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Storage
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Detached Carport

Utilities

  • Laundry Features: Inside
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Elevator, Gated
  • Amenities: Bocce Court, Clubhouse, Fitness Center, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 434.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Internet, Irrigation Water, Maintenance Grounds, Pest Control, Recreation Facilities, Sewer, Trash, Water

Lot Info

  • Parcel #: 12-45-23-C2-05400.0402
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 128

Tax Info

  • Tax Annual Amount: 2229.0
  • Tax Block: 5400
  • Tax Lot: 402
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2018
Closed on
Apr 15, 2018
Sold by
Morelli Anthony M and Morelli Theresa
Bought by
Henderson Teresa
Seller's Agent
Debbie Stack
Jones & Co Realty
Buyer's Agent
Debbie Stack
Jones & Co Realty
List Price
$158,900
Sold Price
$150,000
Premium/Discount to List
-$8,900
-5.6%
Current Estimated Value
$206,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,160
Avg. Annual Appreciation
4.35%

Purchase Details

Closed on
May 27, 2005
Sold by
Cape Coral Country Club Inc
Bought by
Morelli Anthony M and Morelli Theresa
Source: Public Records

Range of Values:

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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
Henderson Teresa $150,000 Omega Land Title Llc
Morelli Anthony M $195,200 Fidelity National Title Ins
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2018 04/23/18 Sold $150,000 -5.6% $125 / Sq Ft
03/24/2018 03/24/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $158,900 -- $133 / Sq Ft
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
2025 $1,817 $136,260 -- --
2024 $1,755 $132,420 -- --
2023 $1,755 $128,563 $0 $0
2022 $1,650 $124,818 $0 $0
2021 $1,661 $131,301 $0 $131,301
2020 $1,669 $119,510 $0 $119,510
2019 $1,662 $119,510 $0 $119,510
2018 $2,460 $120,318 $0 $120,318
2017 $2,399 $126,778 $0 $126,778
2016 $2,229 $115,137 $0 $115,137
2015 $2,052 $100,700 $0 $100,700
2014 -- $91,900 $0 $91,900
2013 -- $76,400 $0 $76,400
Source: Public Records

Agents Affiliated with this Home

  • Debbie Stack

    Seller's Agent in 2018

    Debbie Stack

    Jones & Co Realty

    (239) 677-7186

    1 in this area

    44 Total Sales

    Debbie Stack
    Section Image
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About Clubhouse Villas at Banyan Trace

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218009040

Florida Gulf Coast Multiple Listing Service

APN: 12-45-23-C2-05400.0402

Florida Lee County Cape Coral 33904 Bimini Basin

4015 Palm Tree Blvd Unit 402, Cape Coral, FL

This home is located at 4015 Palm Tree Blvd Unit 402, Cape Coral, FL 33904 since 30 January 2018 and is currently estimated at $206,160, approximately $172 per square foot. This property was built in 2003. 4015 Palm Tree Blvd Unit 402 is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary 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

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