NOT LISTED FOR SALE

Palms of Bay Beach 4253 Bay Beach Ln Unit 7F Fort Myers Beach, FL 33931

Estimated Value: $427,888 - $746,000

2 Beds
2 Baths
1,029 Sq Ft
0.39 Acres

Last Sold March 09, 2017

Last sale price $390,000 $379 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,328/month

62 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Fitness Center
  • Fort Myers Beach Elementary School Rated A-
  • Access to Bay or Harbor
  • Penthouse

About This Home

As of March 2017

Top floor beautifully remodeled condominium overlooking Estero Bay on Fort Myers Beach. This 2 bedroom, 2 bath condo offers hardwood flooring in the main living areas, custom kitchen with paneled refrigerator & fisher Paykel dishwasher, wine cooler, pot filler, granite counters, lighted cabinetry with views out to the Gulf of Mexico from the kitchen window. Wainscoting panels in the living & dining area with over sized balcony with endless water views. Both baths have been updated with newer vanities and tiled showers. Custom window treatments include Plantation Shutters and a fabric panel over the slider doors. Walk in master closet and separate vanity area. Balcony is tiled and has accordion shutters. Furnished Turnkey and ready for you to occupy or rent for the season! The Palms at Bay Beach is a wonderful community offering a large pool, clubhouse, tennis, fishing pier and is located on the southern end of the island.

Last Agent to Sell the Property

Paula Kiker

ERA Lahaina Realty License #258500148 Listed on: 12/06/2016

Last Buyer's Agent

Pamela Schwartz

Fort Myers Beach Realty License #258012924

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,471

Year Built

  • Built in 1977

Lot Details

  • Property fronts a private road
  • West Facing Home

Property Views

Home Design

  • Penthouse
  • Entry on the 7th floor
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,029 Sq Ft Home
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Shutters
  • Sliding Windows
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Attached Carport Space
  • Common or Shared Parking
  • Guest Parking

Outdoor Features

  • Access to Bay or Harbor
  • Balcony
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 300F
  • Assessor Parcel Number 03-47-24-W2-0300F.0070

Community Details

Overview

  • No Home Owners Association
  • Association fees include management, cable TV, insurance, internet, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, sewer, trash, water
  • 152 Units
  • Association Phone (239) 454-1101
  • Mid-Rise Condominium
  • The Palms Of Bay Beach Subdivision
  • Car Wash Area
  • 7-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Elevator
  • Secure Lobby
  • Bike Room

Recreation

  • Boat Dock
  • Pier or Dock
  • Community Beach Access
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,471

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Road Frontage Type: Private Road
  • Ownership: Condo
  • Subdivision Name: THE PALMS OF BAY BEACH
  • Directions: Estero Blvd to Bay Beach Lane to the first building of the Palms (4253).
  • Architectural Style: Penthouse, Mid Rise
  • Carport Y N: Yes
  • Entry Level: 7
  • Garage Yn: No
  • Year Built: 1977
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Wood
  • Interior Amenities: Built-in Features, Living/Dining Room, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), High Speed Internet, Split Bedrooms
  • Living Area: 1029.0
  • Stories: 7
  • Window Features: Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Bay, Gulf, Landscaped, Water
  • View: Yes
  • Waterfront Features: Bay Access
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Storage, Shutters Manual
  • Patio And Porch Features: Balcony
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Common, Underground, Guest, One Space, Attached Carport

Utilities

  • Security: Key Card Entry, Lobby Secured, Phone Entry
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Elevator
  • Amenities: Beach Rights, Beach Access, Bike Storage, Clubhouse, Fitness Center, Barbecue, Picnic Area, Pier, Pool, Tennis Court(s), Trash, Vehicle Wash Area
  • Phone: 239-454-1101
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 03-47-24-W2-0300F.0070
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 152

Tax Info

  • Tax Annual Amount: 4471.03
  • Tax Block: 300F
  • Tax Lot: 7
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2016
Closed on
Mar 9, 2017
Sold by
Durrett Alva E
Bought by
Mayes James R and Mayes Deborah M
Seller's Agent
Paula Kiker
ERA Lahaina Realty
Buyer's Agent
Pamela Schwartz
Fort Myers Beach Realty
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Current Estimated Value
$540,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,472
Avg. Annual Appreciation
3.86%

Purchase Details

Closed on
Jan 1, 1904
Sold by
Daubendiek Gene R and Daubendiek Mary M
Bought by
Durrett Alva E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.63%
Source: Public Records

Range of Values:

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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
Mayes James R $390,000 Omega Land Title Llc
Durrett Alva E $409,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durrett Alva E $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2017 03/09/17 Sold $390,000 -2.5% $379 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
12/06/2016 12/06/16 For Sale $399,900 -- $389 / 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 $5,551 $373,711 -- $373,711
2024 $827 $412,852 -- $412,852
2023 $827 $58,655 $0 $58,655
2022 $5,523 $368,303 $0 $0
2021 $4,838 $334,821 $0 $334,821
2020 $4,583 $309,273 $0 $309,273
2019 $4,449 $297,968 $0 $297,968
2018 $4,392 $297,968 $0 $297,968
2017 $4,535 $301,198 $0 $301,198
2016 $4,471 $291,938 $0 $291,938
2015 $4,301 $275,100 $0 $275,100
2014 $3,320 $258,600 $0 $258,600
2013 -- $234,900 $0 $234,900
Source: Public Records

Agents Affiliated with this Home

  • Paula Kiker

    Seller's Agent in 2017

    Paula Kiker

    ERA Lahaina Realty

    (239) 565-1970

    38 in this area

    65 Total Sales

    Paula Kiker
    Section Image
  • Pamela Schwartz

    Buyer's Agent in 2017

    Pamela Schwartz

    Fort Myers Beach Realty

    (239) 218-1875

    2 in this area

    25 Total Sales

    Pamela Schwartz
    Section Image
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About Palms of Bay Beach

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216075043

Florida Gulf Coast Multiple Listing Service

APN: 03-47-24-W2-0300F.0070

Florida Lee County Fort Myers Beach 33931

4253 Bay Beach Ln Unit 7F, Fort Myers Beach, FL

This home is located at 4253 Bay Beach Ln Unit 7F, Fort Myers Beach, FL 33931 since 06 December 2016 and is currently estimated at $540,472, approximately $525 per square foot. This property was built in 1977. 4253 Bay Beach Ln Unit 7F is a home located in Lee County with nearby schools including Fort Myers Beach Elementary School, Bonita Springs Middle Center for the Arts, and Cypress Lake Middle School.

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