NOT LISTED FOR SALE

4591 Bay Beach Ln Unit 493 Fort Myers Beach, FL 33931

Estimated Value: $427,232 - $555,000

2 Beds
2 Baths
1,156 Sq Ft
7,405 Sq Ft Lot

Last Sold September 23, 2014

Last sale price $228,000 $197 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,795/month

79 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

Great treetop and canal views from this top floor 2 bedroom, 2 bath Royal Pelican with 2 lanais PLUS a large under-building parking space PLUS Royal Pelican Boating Association BOAT DOCK (#14)! This is a well-maintained unit that's ready for you to start enjoying yourself or to use to generate income as a rental property. The furnishings are tasteful and in great shape. The washer and dryer are newer models. Both bedrooms have walk-in closets, so there's plenty of storage space! Both lanais face the canal, making them great places from which to enjoy the boating atmosphere as well as great places to enjoy the western sunset skies. 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 south end of Ft. Myers Beach within easy walking distance to shopping, banking, restaurants, public marina and sugar white sand beaches.

Last Agent to Sell the Property

Mike Koch

Royal Shell Real Estate, Inc. License #258005694 Listed on: 06/05/2014

Last Buyer's Agent

Michael Koch

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,791

Year Built

  • Built in 1991

Lot Details

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

Home Design

  • Entry on the 4th floor
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,156 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • 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
  • Subterranean Parking
  • Guest Parking
  • Deeded Parking

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Humidifier
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 493 / 5600
  • Assessor Parcel Number 03-47-24-W1-05600.4930

Community Details

Overview

  • No Home Owners Association
  • Association fees include management, cable TV, insurance, legal/accounting, ground maintenance, reserve fund, sewer, trash, water
  • 144 Units
  • Association Phone (239) 454-1101
  • Mid-Rise Condominium
  • Royal Pelican Townhouse Subdivision

Amenities

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

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

  • Phone Entry
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,791

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 COMPLEX. UNIT LOCATED IN BUILDING 9 (1ST BUILDING ON LEFT). BOAT DOCK IS #14 ON EAST SIDE OF COMPLEX BETWEEN BUILDING 1 & 2.
  • Architectural Style: Mid Rise
  • Carport Y N: Yes
  • Entry Level: 4
  • Garage Yn: No
  • Year Built: 1991
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Humidifier
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Living/Dining Room, Shower Only, Separate Shower, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1156.0
  • Stories: 4
  • Window Features: Single Hung, Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • 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
  • 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: Deeded, Underground, Guest, Paved, Attached Carport

Utilities

  • Laundry Features: Inside
  • Security: Lobby Secured, Phone Entry, Fire Sprinkler System, Smoke Detector(s)
  • 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 Access, Clubhouse, Barbecue, Picnic Area, Pier, Pool, Shuffleboard Court, Tennis Court(s), Trash
  • Phone: 239-454-1101
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 03-47-24-W1-05600.4930
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 144

Tax Info

  • Tax Annual Amount: 2791.0
  • Tax Block: 5600
  • Tax Lot: 493
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
Sep 30, 2014
Sold by
Dunn Donald R and Dunn Saralee
Bought by
Leonard Michael D and Leonard Lynette M
Seller's Agent
Mike Koch
Royal Shell Real Estate, Inc.
Buyer's Agent
Michael Koch
List Price
$249,000
Sold Price
$228,000
Premium/Discount to List
-$21,000
-8.43%
Current Estimated Value
$483,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,308
Avg. Annual Appreciation
7.00%
Original Mortgage
$136,800
Outstanding Balance
$105,070
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$378,238

Purchase Details

Closed on
May 30, 2001
Sold by
Grove John R and Grove Janet L
Bought by
Dunn Donald R and Dunn Saralee
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
Leonard Michael D $228,000 Accent Title Ins Agency Inc
Dunn Donald R $207,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Michael D $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2014 09/23/14 Sold $228,000 -8.4% $197 / Sq Ft
08/24/2014 08/24/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $249,000 -- $215 / 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 $3,176 $283,801 -- --
2024 $17 $275,803 -- --
2023 $17 $18,806 $0 $18,806
2022 $3,238 $259,971 $0 $0
2021 $3,248 $252,399 $0 $252,399
2020 $3,718 $268,898 $0 $268,898
2019 $3,235 $216,410 $0 $216,410
2018 $3,538 $239,828 $0 $239,828
2017 $3,590 $238,213 $0 $238,213
2016 $3,412 $222,545 $0 $222,545
2015 $3,203 $204,700 $0 $204,700
2014 $2,989 $199,500 $0 $199,500
2013 -- $184,600 $0 $184,600
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

    Michael Koch

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214032726

Florida Gulf Coast Multiple Listing Service

APN: 03-47-24-W1-05600.4930

Florida Lee County Fort Myers Beach 33931

4591 Bay Beach Ln Unit 493, Fort Myers Beach, FL

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