NOT LISTED FOR SALE

Estimated Value: $403,000 - $474,000

2 Beds
2 Baths
1,024 Sq Ft
$1,033/mo HOA Fee

Last Sold September 05, 2024

Last sale price $425,000 $415 Per Sq Ft

Current estimated payment $3,694/month

89 Days on Market

Highlights

  • Community Beach Access
  • Home fronts a seawall
  • Fitness Center
  • Fort Myers Beach Elementary School Rated A-
  • Access to Bay or Harbor
  • Concrete Pool

About This Home

As of September 2024

This waterfront 2 bed/2 bath unit on the 3rd
floor at the highly sought after South Island, Palms of Bay Beach complex is
absolutely turnkey and ready to welcome its new owners. You will feel at home
and be captivated the moment you walk through the door and take in the
sweeping, breathtaking views of Estero Bay. This unit is guaranteed to
forever provide the rare but perfect combination of peaceful tranquility and
an abundance of natural SWFL lively entertainment provided by Mother Nature.
Dolphins, manatee and majestic seabirds are always visible and happily
entertaining you while you relax while you recline in your living room or
lounge on your Lanai.
Boaters will be within a convenient short walk to find a variety of options
to lease or purchase a boat slip providing quick/convenient access to
boating/fishing on the Gulf of Mexico. Comfortably walk to either the private
resident only access, never crowded, white sand/pristine beach on the Gulf
of Mexico or the soon to reopen Santini Plaza offering a variety of
restaurants and fun shopping options, or simply enjoy the beautiful expansive
heated swimming pool, club house, extensive walking/biking path, pickleball,
tennis, putting green and bocce courts right across the street. More good
news, there is one dedicated covered parking space included, plenty of
outdoor parking available for guests and ALL HURRICANE IAN ASSESSMENTS HAVE
BEEN PAID IN FULL.
This prime affordable South Island location on Estero Bay is geographically
perfect and the choice is all yours, head South to enjoy Lovers Key, Bonita
Springs and Naples or head to the North end of the Island on the free Trolley
to experience the newly opened Margaritaville Resort, lively nightlife/music
and a diverse choice of restaurants. It’s the perfect Island location and it
offers the perfect Island lifestyle choices and balance. LOOK NO FURTHER –
AFFORDABLE PARADISE FOUND!

Last Agent to Sell the Property

Bill Lyons

John R. Wood Properties License #248002392 Listed on: 06/07/2024

John R. Wood Properties

Last Buyer's Agent

Lauren Keane

McDowell Homes Real Estate Svc License #258031482

McDowell Homes Real Estate Svc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $827

Year Built

  • Built in 1977

Lot Details

  • Home fronts a seawall
  • Southwest Facing Home

HOA Fees

  • $1,033 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Property Views

Home Design

  • Entry on the 3rd floor
  • Rolled or Hot Mop Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Thermal Windows
  • Double Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Concrete Pool
  • Heated Lap Pool
  • Heated In Ground Pool

Outdoor Features

  • Access to Bay or Harbor
  • Screened Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / 300D
  • Assessor Parcel Number 03-47-24-W2-0300D.0030

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, road maintenance, sewer, street lights, trash, water
  • 152 Units
  • Association Phone (239) 437-0340
  • Mid-Rise Condominium
  • The Palms Of Bay Beach Subdivision
  • Car Wash Area

Amenities

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

Recreation

  • Community Beach Access
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Community Pool
  • Park
  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$827

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,033 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: THE PALMS OF BAY BEACH
  • Architectural Style: None, Mid Rise
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Year Built: 1977
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, Closet Cabinetry, Living/Dining Room, Custom Mirrors, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), High Speed Internet, Split Bedrooms
  • Living Area: 1024.0
  • Dining Room Type: Screened Porch
  • Stories: 1
  • Window Features: Double Hung, Sliding, Thermal Windows, Impact Glass
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Other
  • Pool Features: Concrete, Heated, In Ground, Lap, Community
  • Pool Private: Yes
  • View: Bay, Gulf, Landscaped, Partial
  • View: Yes
  • Waterfront Features: Bay Access, Seawall
  • Waterfront: Yes
  • Disclosures: RV Restriction(s), Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Exterior Features: Security/High Impact Doors, Outdoor Grill, Tennis Court(s)
  • Patio And Porch Features: Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat, Rolled/Hot Mop

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Covered, Driveway, Underground, Garage, Paved, One Space

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Utilities: Cable Available, High Speed Internet Available, Underground Utilities
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Elevator, Tennis Court(s), Street Lights
  • Amenities: Beach Rights, Bocce Court, Beach Access, Bike Storage, Clubhouse, Fitness Center, Barbecue, Picnic Area, Pickleball, Park, Pool, Sidewalks, Tennis Court(s), Trail(s), Trash, Vehicle Wash Area
  • Association #2 Fee: 1033.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-437-0340
  • Association: Yes
  • 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, Road Maintenance, Sewer, Street Lights, Trash, Water

Lot Info

  • Parcel #: 03-47-24-W2-0300D.0030
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 152

Tax Info

  • Tax Annual Amount: 826.71
  • Tax Block: 300D
  • Tax Lot: 3
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Sep 5, 2024
Sold by
Baldridge Family Revocable Trust and Baldridge Elaine K
Bought by
Koebel Donald D and Koebel Kimberly D
Seller's Agent
Bill Lyons
John R. Wood Properties
Buyer's Agent
Lauren Keane
McDowell Homes Real Estate Svc
List Price
$469,900
Sold Price
$425,000
Premium/Discount to List
-$44,900
-9.56%
Views
12
Current Estimated Value
$424,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$829
Avg. Annual Appreciation
-0.18%

Purchase Details

Closed on
Dec 2, 2014
Sold by
Baldridge Stephen G and Baldridge Elaine K
Bought by
Baldridge Family Revocable Trust #1

Purchase Details

Closed on
May 20, 2010
Sold by
Blanchard Douglas and Blanchard Mina
Bought by
Baldridge Stephen G and Baldridge Elaine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2009
Sold by
Bowes Jeanne E
Bought by
Blanchard Douglas and Blanchard Mina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Koebel Donald D $425,000 Accent Title
Baldridge Family Revocable Trust #1 -- Attorney
Baldridge Stephen G $295,000 Accent Title Ins Agency Inc
Blanchard Douglas $147,500 Accent Title Ins Agency Inc
Blanchard Douglas $147,500 Accent Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baldridge Stephen G $236,000
Previous Owner Blanchard Douglas $177,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $425,000 -7.6% $415 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $459,900 -2.1% $449 / Sq Ft
06/07/2024 06/07/24 For Sale $469,900 -- $459 / 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 $4,951 $312,826 -- $312,826
2024 $827 $368,083 -- $368,083
2023 $827 $58,655 $0 $58,655
2022 $5,026 $335,023 $0 $0
2021 $4,402 $304,566 $0 $304,566
2020 $4,166 $281,010 $0 $281,010
2019 $4,040 $270,513 $0 $270,513
2018 $4,001 $271,320 $0 $271,320
2017 $4,111 $272,935 $0 $272,935
2016 $4,049 $264,254 $0 $264,254
2015 $3,909 $250,000 $0 $250,000
2014 -- $228,000 $0 $228,000
2013 -- $209,800 $0 $209,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224049148

Florida Gulf Coast Multiple Listing Service

APN: 03-47-24-W2-0300D.0030