NOT LISTED FOR SALE

4591 Bay Beach Ln Unit 194 Fort Myers Beach, FL 33931

Estimated Value: $421,761 - $555,000

2 Beds
2 Baths
1,226 Sq Ft
7,405 Sq Ft Lot

Last Sold September 16, 2014

Last sale price $245,000 $200 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,993/month

20 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Canal Access
  • Fort Myers Beach Elementary School Rated A-
  • Home fronts a seawall
  • Canal View

About This Home

As of September 2014

Unit 194 is a nicely updated 2BR/2BA corner unit with 2 lanais, both facing the canal. Purchased in 2010, the sellers have been updating the unit ever since. The kitchen is updated with granite countertops. Both bathroom vanities have been replaced and have granite countertops. There's also new lighting in both baths. All appliances have been updated during the last few years. The refrigerator and the dryer are less than a year old! The A/C was replaced in 2010 and the water heater too. The carpeting has also been updated. Even the doorknobs have been replaced with sold brass doorknobs. Manual shutters are on all windows. An under-building parking space with a large storage (dock) box completes the package. Royal Pelican amenities include: 2 pools, shuffleboard court, clubhouse, fishing pier, tennis courts, and deeded beach access. This is a popular active community with MANY social activities located on the south end of Ft. Myers Beach within easy walking distance to shopping, banking, public golf course, restaurants, public marina and sugar white sand beaches. This is a must see!

Last Agent to Sell the Property

Mike Koch

Royal Shell Real Estate, Inc. License #258005694 Listed on: 07/27/2014

Last Buyer's Agent

Melanie Giles

Premiere Plus Realty Company License #249514330

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,067

Year Built

  • Built in 1991

Lot Details

  • Home fronts a seawall
  • Home fronts navigable water
  • East Facing Home

Home Design

  • Entry on the 1st floor
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,226 Sq Ft Home
  • 4-Story Property
  • Partially Furnished
  • Built-In Features
  • Tray Ceiling
  • Shutters
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Attached Carport Space
  • Deeded Parking

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 194 / 5600
  • Assessor Parcel Number 03-47-24-W1-05600.1940

Community Details

Overview

  • No Home Owners Association
  • Association fees include management, cable TV, insurance, irrigation water, legal/accounting, ground maintenance, pest control, reserve fund, sewer, trash, water
  • 144 Units
  • Mid-Rise Condominium
  • Royal Pelican Townhouse Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Boat Dock
  • Pier or Dock
  • Community Beach Access
  • Tennis Courts
  • Shuffleboard Court
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Phone Entry
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,067

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Ownership: Condo
  • Subdivision Name: ROYAL PELICAN TOWNHOUSE
  • Directions: Estero Blvd to Bay Beach Lane to Royal Pelican community on left. Building is first building on west side.
  • Architectural Style: Mid Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1991
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Tray Ceiling(s), Living/Dining Room, Shower Only, Separate Shower, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1226.0
  • Stories: 4
  • Window Features: Single Hung, Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Shutters Manual
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Security: Key Card Entry, Phone Entry, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, 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, Clubhouse, Pier, Pool, Shuffleboard Court, Tennis Court(s), Trash
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 03-47-24-W1-05600.1940
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 144

Tax Info

  • Tax Annual Amount: 2067.0
  • Tax Block: 5600
  • Tax Lot: 194
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2014
Closed on
Sep 16, 2014
Sold by
Moore Michael D and Moore Pamela D
Bought by
Latture Terry D and Latture Fay M
Seller's Agent
Mike Koch
Royal Shell Real Estate, Inc.
Buyer's Agent
Melanie Giles
Premiere Plus Realty Company
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$496,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,440
Avg. Annual Appreciation
6.56%
Original Mortgage
$171,500
Outstanding Balance
$131,585
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$364,855

Purchase Details

Closed on
Jan 5, 2010
Sold by
Collazo Rafael E and Collazo Amparo G
Bought by
Moore Michael D and Moore Pamela D
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
Latture Terry D $245,000 Accent Title Ins Agency Inc
Moore Michael D $230,000 Accent Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latture Terry D $171,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2014 09/16/14 Sold $245,000 -2.0% $200 / Sq Ft
08/17/2014 08/17/14 Pending -- -- --
07/27/2014 07/27/14 For Sale $249,900 -- $204 / 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 $4,732 $336,324 -- $336,324
2024 $277 $324,722 -- --
2023 $277 $18,806 $0 $18,806
2022 $4,195 $268,365 $0 $0
2021 $3,529 $243,968 $0 $243,968
2020 $3,595 $260,015 $0 $260,015
2019 $3,127 $209,143 $0 $209,143
2018 $3,420 $231,753 $0 $231,753
2017 $3,493 $231,753 $0 $231,753
2016 $3,320 $216,595 $0 $216,595
2015 $3,080 $196,800 $0 $196,800
2014 -- $188,000 $0 $188,000
2013 -- $175,000 $0 $175,000
Source: Public Records

Agents Affiliated with this Home

  • Mike Koch

    Seller's Agent in 2014

    Mike Koch

    Royal Shell Real Estate, Inc.

    (239) 246-0679

    112 in this area

    137 Total Sales

    Mike Koch
    Section Image

  • M

    Buyer's Agent in 2014

    Melanie Giles

    Premiere Plus Realty Company

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214041361

Florida Gulf Coast Multiple Listing Service

APN: 03-47-24-W1-05600.1940

Florida Lee County Fort Myers Beach 33931

4591 Bay Beach Ln Unit 194, Fort Myers Beach, FL

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