NOT LISTED FOR SALE

Estimated Value: $46,776 - $428,000

0.23 Acre
$624,757 Price per Acre
10,019 Sq Ft Lot

Last Sold March 13, 2024

Last sale price $49,900

Est. 188% increase in value since last sale

Current estimated payment $860/month

131 Days on Market

Highlights

  • Boat Dock
  • Cape Elementary School Rated A-
  • Rectangular Lot

About This Lot

As of March 2024

Close to the GULF! Bring your boat and embrace the boating lifestyle this area offers. Build on your 1/4-acre residential lot, nestled amidst the opulent million-dollar Gulf-front residences of Burnt Store Rd, promising the potential of captivating Gulf views. Offering exceptional value, this parcel stands as the best-priced gem in a truly breathtaking locale.

With the Gulf waters beckoning just at the end of the street, you'll relish the opportunity for leisurely evening strolls in this tranquil, upscale community. Tucked away off Burnt Store Road in Cape Coral, this pristine haven invites you to embrace a lifestyle of serenity and coastal elegance. Create your dream oasis in this idyllic setting, where the possibilities are as endless as the stunning views you could call your own.

You could build your dream home with views from your second level and rooftop patios. CONSTRUCTION LOANS AVAILABLE IF YOU'RE READY TO BUILD.

Last Agent to Sell the Property

Lindsey Bamman

Berkshire Hathaway Florida License #258033262 Listed on: 11/01/2023

Berkshire Hathaway Florida

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $649

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • South Facing Home
  • Rectangular Lot
  • Cleared Lot
  • Property is zoned R1-D

Utilities

  • Water Not Available
  • Well
  • Septic Tank
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 56 / 5179
  • Assessor Parcel Number 25-43-22-C3-05179.0560

Community Details

Overview

  • Association fees include street lights, trash
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$649

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: GPS - Look for PowerBlock Builders sign
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Rectangular Lot
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s)
  • Direction Faces: South

Utilities

  • Sewer: None, Septic Tank
  • Utilities: Electricity Available, Trash Collection, Sewer Not Available, Water Not Available
  • Water Source: None, Well

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: Street Lights, Trash

Lot Info

  • Current Use: Single Family
  • Parcel #: 25-43-22-C3-05179.0560
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 649.02
  • Tax Block: 5179
  • Tax Lot: 56
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Mar 12, 2024
Sold by
Power Block Builders Inc
Bought by
Decorconcrete Investments Llc
Seller's Agent
Lindsey Bamman
Berkshire Hathaway Florida
List Price
$56,000
Sold Price
$49,900
Premium/Discount to List
-$6,100
-10.89%
Views
50
Current Estimated Value
$143,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,794
Avg. Annual Appreciation
107.39%

Purchase Details

Listed on
Jul 15, 2022
Closed on
Nov 14, 2022
Sold by
Paradise Fi Investments Llc
Bought by
Powerblock Builders Inc
Seller's Agent
Angie Mamian
Century 21 Selling Paradise
Buyer's Agent
Ivan Rosado
List Price
$59,000
Sold Price
$54,000
Premium/Discount to List
-$5,000
-8.47%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.76%

Purchase Details

Listed on
Sep 8, 2020
Closed on
Nov 10, 2020
Sold by
Sun Escape Usa Llc
Bought by
Paradise Fl Investments Llc
Seller's Agent
Vince Honc
EXP Realty LLC
Buyer's Agent
Angie Mamian
List Price
$14,250
Sold Price
$10,500
Premium/Discount to List
-$3,750
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.86%

Purchase Details

Listed on
Jan 24, 2019
Closed on
Sep 13, 2019
Sold by
Graeff Joel S and Graeff Gail M
Bought by
Sun Escape Usa Llc
Seller's Agent
Jack Martin
Century 21 Selling Paradise
Buyer's Agent
Vince Honc
List Price
$9,900
Sold Price
$7,250
Premium/Discount to List
-$2,650
-26.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.24%

Purchase Details

Closed on
Jan 7, 2005
Sold by
Milhem Musa and Milhem Poli N
Bought by
Graeff Joel S and Graeff Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5.61%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 3, 2002
Sold by
Roeser Pual and Roeser Barbara L
Bought by
Milhem Musa and Milhem Poli N
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Decorconcrete Investments Llc $49,900 Nu World Title
Powerblock Builders Inc $54,000 Tropical Shells Title
Paradise Fl Investments Llc $21,000 Cape Coral Ttl Ins Agcy Inc
Sun Escape Usa Llc $7,300 Attorney
Graeff Joel S $80,400 Jm Title Corporation
Milhem Musa $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graeff Joel S $112,500
Previous Owner Graeff Joel S $238,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $49,900 0.0% --
03/12/2024 03/12/24 Pending -- -- --
11/28/2023 11/28/23 Price Changed $49,900 -10.9% --
11/01/2023 11/01/23 For Sale $56,000 +3.7% --
11/14/2022 11/14/22 Sold $54,000 -8.5% --
11/14/2022 11/14/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $59,000 +461.9% --
11/12/2020 11/12/20 Sold $10,500 -26.3% --
10/13/2020 10/13/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $14,250 +96.6% --
09/13/2019 09/13/19 Sold $7,250 -26.8% --
08/14/2019 08/14/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $9,900 -- --
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 $921 $33,017 -- --
2023 $921 $30,015 $30,015 $0
2022 $649 $12,650 $0 $0
2021 $550 $11,500 $11,500 $0
2020 $560 $13,000 $13,000 $0
2019 $477 $12,000 $12,000 $0
2018 $493 $16,000 $16,000 $0
2017 $425 $10,255 $10,255 $0
2016 $385 $8,300 $8,300 $0
2015 $358 $8,400 $8,400 $0
2014 $357 $7,426 $7,426 $0
2013 -- $5,300 $5,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223080899

Florida Gulf Coast Multiple Listing Service

APN: 25-43-22-C3-05179.0560