NOT LISTED FOR SALE

4540 Cutlass Dr Upper Captiva, FL 33924

Estimated Value: $192,258 - $316,000

0.25 Acre
$953,094 Price per Acre
11,064 Sq Ft Lot

Last Sold November 15, 2021

Last sale price $184,000

Est. 32% increase in value since last sale

Current estimated payment $1,412/month

22 Days on Market

Highlights

  • Boat Dock
  • Bay View
  • Oversized Lot
  • Sanibel Elementary School Rated A-

About This Lot

As of November 2021

High & Dry oversized island building lot with potential Gulf views from the lookout level.

Last Agent to Sell the Property

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 09/23/2021

Last Buyer's Agent

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 09/23/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,240

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90 x 125 x 90 x 125
  • Property fronts a private road
  • South Facing Home
  • Oversized Lot
  • Property is zoned RS-1

Property Views

  • Bay
  • Gulf
  • Woods

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 5 / 4
  • Assessor Parcel Number 05-45-21-17-00004.0050

Community Details

Overview

  • Castaway Key Unrecorded Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$1,240

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.254
  • Lot Size: 90 x 125 x 90 x 125
  • Road Frontage Type: Private Road
  • Subdivision Name: CASTAWAY KEY UNRECORDED SUBDIVISION
  • Directions: Take the ferry to North Captiva Island. Follow Bartlett Parkway to Rum Road. Turn left onto Rum Road. Follow Rum Road to Cutlass Drive. Turn right onto Cutlass Drive. The lot will be on the right.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • View: Bay, Gulf, Landscaped, Partial, Trees/Woods
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: South

Utilities

  • Sewer: None
  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 05-45-21-17-00004.0050
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1240.0
  • Tax Block: 4
  • Tax Lot: 5
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2025
Sold by
Burkheiser Eric V and Burkheiser Angela K
Bought by
Angela K And Eric V Burkheiser Living Trust and Burkheiser
Current Estimated Value
$242,086

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 15, 2021
Sold by
Paul Henry Lee and Paul Rosella
Bought by
Burkheiser Eric V and Burkheiser Angela K
Seller's Agent
Mark Muller
Resort Properties Internationa
Buyer's Agent
Mark Muller
List Price
$184,000
Sold Price
$184,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$147,200
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2002
Sold by
Iacobucci Iacobucci Florence Florence and Iacobucci Munoz Yolanda
Bought by
Rosella Paul Henry Lee and Rosella Paul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Angela K And Eric V Burkheiser Living Trust $100 None Listed On Document
Burkheiser Eric V $184,000 Attorney
Rosella Paul Henry Lee $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burkheiser Eric V $147,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $184,000 0.0% --
10/16/2021 10/16/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $184,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

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 $1,833 $120,602 $120,602 --
2024 $1,833 $126,185 $126,185 --
2023 $2,078 $128,931 $128,931 $0
2022 $2,145 $132,500 $132,500 $0
2021 $1,011 $50,000 $50,000 $0
2020 $1,240 $64,000 $64,000 $0
2019 $1,175 $64,000 $64,000 $0
2018 $1,151 $60,600 $60,600 $0
2017 $1,155 $59,400 $59,400 $0
2016 $1,002 $43,800 $43,800 $0
2015 $1,022 $46,125 $46,125 $0
2014 -- $50,150 $50,150 $0
2013 -- $56,200 $56,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Muller

    Seller's Agent in 2021

    Mark Muller

    Resort Properties Internationa

    (239) 246-0804

    159 in this area

    180 Total Sales

    Mark Muller
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221068267

Florida Gulf Coast Multiple Listing Service

APN: 05-45-21-17-00004.0050

Florida Lee County 33924

4540 Cutlass Dr, FL

Not Listed for Sale

Lots

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