Seller's Agent in 2024
Jenn Spinelli
SERHANT
(813) 922-2055
1 in this area
63 Total Sales
4826 SW 29th Ave Unit 1-4 Cape Coral, FL 33914
Pelican NeighborhoodEstimated Value: $316,000 - $1,481,000
8
Beds
9
Baths
5,447
Sq Ft
0.41
Acres
Highlights
- Dock has access to electricity and water
- Property fronts an intracoastal waterway
- Heated In Ground Pool
- Cape Elementary School Rated A-
- Covered Boat Lift
- Open Floorplan
About This Home
As of June 2024One or more photo(s) has been virtually staged. **MOTIVATED SELLER***A RARE OPPORTUNITY-Serenity Condos; 4 individual condos each with 2 bed/ 2 bath- with an ~11% CAP RATE***RENOVATED KITCHENS- NEW SALT WATER POOL SYSTEM-3 BOAT SLIPS-NEW METAL ROOF. 1/2 ACRE LOT with GULF ACCESS and 120ft of seawall, BOAT DOCK, 10,000lb BOAT LIFT & CANOPY, most desirable waterways in Cape Coral with unobstructed, water and sunset views across the 200ft wide canal. Make this your prime waterfront INVESTMENT OR HOME. Common area features LAUNDRY area for building, potential GYM/LOUNGE area with half bath, PLUS STORAGE UNITS! Head off the dock to Sanibel, Captiva, or Ft Myers Beach. 4 SEPARATE ELECTRIC METERS-4 WATER METERS-HOA OWNED BY OWNER- Potential annual, seasonal, weekly rentals in a great neighborhood!- Each unit has legal parcel id & is taxed separately. NEW OWNER COULD CHARGE HOA FEES- WON'T LAST LONG.
Last Agent to Sell the Property
SERHANT Brokerage Phone: 813-865-0700 License #3477615 Listed on: 12/07/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,540
Year Built
- Built in 1983
Lot Details
- Property fronts an intracoastal waterway
- Irrigation
- Additional Parcels
Home Design
- Bi-Level Home
- Slab Foundation
- Metal Roof
- Block Exterior
- Stucco
Interior Spaces
- 5,447 Sq Ft Home
- Open Floorplan
- Combination Dining and Living Room
- Intracoastal Views
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Tile
- Luxury Vinyl Tile
Pool
- Heated In Ground Pool
- Saltwater Pool
Outdoor Features
- Access To Intracoastal Waterway
- No Fixed Bridges
- Seawall
- Covered Boat Lift
- Dock has access to electricity and water
- Covered Dock
- Dock made with Composite Material
- Balcony
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 1-4 / 100
- Assessor Parcel Number 17-45-23-C1-00100.0010
Community Details
Overview
- Property has a Home Owners Association
- 4 Units
- Serenity Condo Association
- Serenity Condo Subdivision
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 7, 2023
Closed on
May 14, 2024
Sold by
Merk Enterprises Ii Llc
Bought by
Nfifl Llc
Seller's Agent
Jenn Spinelli
SERHANT
Buyer's Agent
Tyler Triplett
PASSKEY REALTY LLC
List Price
$1,800,000
Sold Price
$1,580,000
Premium/Discount to List
-$220,000
-12.22%
Views
184
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$509,136
Avg. Annual Appreciation
-25.79%
Purchase Details
Listed on
Dec 10, 2021
Closed on
Jun 7, 2022
Sold by
Gino Giannettino
Bought by
Merk Enterprises Ii Llc
Seller's Agent
Anthony Tiljak PA
Cozza Realty Group Inc
Buyer's Agent
Lynda Kayes
List Price
$1,950,000
Sold Price
$1,700,000
Premium/Discount to List
-$250,000
-12.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.61%
Original Mortgage
$1,275,000
Interest Rate
5.09%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 30, 2020
Closed on
Jan 29, 2021
Sold by
Nuellen Eleanor E
Bought by
Giannettino Gino
Seller's Agent
sonia ransom
Berkshire Hathaway Florida
Buyer's Agent
Anthony Tiljak PA
Cozza Realty Group Inc
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.43%
Original Mortgage
$900,000
Interest Rate
1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2015
Sold by
Mackenzie Ayn
Bought by
Nuellen James E and Nuellen Eleanor E
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nfifl Llc | $1,580,000 | Propy Title | |
| Merk Enterprises Ii Llc | $1,700,000 | New Title Company Name | |
| Giannettino Gino | $1,200,000 | Florida Ttl & Guarantee Agcy | |
| Nuellen James E | $143,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Merk Enterprises Ii Llc | $1,275,000 | |
| Previous Owner | Giannettino Gino | $900,000 | |
| Previous Owner | Nuellen James E | $133,000 | |
| Previous Owner | Nuellen James | $123,000 | |
| Previous Owner | Janowitz Theodore | $100,000 | |
| Previous Owner | Janowitz Theodore | $35,982 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2024 06/03/24 | Sold | $1,580,000 | -7.1% | $290 / Sq Ft |
| 03/14/2024 03/14/24 | Pending | -- | -- | -- |
| 12/31/2023 12/31/23 | Price Changed | $1,700,000 | -2.9% | $312 / Sq Ft |
| 12/19/2023 12/19/23 | Price Changed | $1,750,000 | -2.8% | $321 / Sq Ft |
| 12/15/2023 12/15/23 | For Sale | $1,800,000 | 0.0% | $330 / Sq Ft |
| 12/07/2023 12/07/23 | Pending | -- | -- | -- |
| 12/07/2023 12/07/23 | Price Changed | $1,800,000 | +2.9% | $330 / Sq Ft |
| 12/07/2023 12/07/23 | For Sale | $1,750,000 | +2.9% | $321 / Sq Ft |
| 06/07/2022 06/07/22 | Sold | $1,700,000 | -12.8% | $318 / Sq Ft |
| 05/31/2022 05/31/22 | Pending | -- | -- | -- |
| 12/10/2021 12/10/21 | For Sale | $1,950,000 | +62.5% | $365 / Sq Ft |
| 01/29/2021 01/29/21 | Sold | $1,200,000 | -4.0% | $224 / Sq Ft |
| 12/30/2020 12/30/20 | Pending | -- | -- | -- |
| 11/30/2020 11/30/20 | For Sale | $1,250,000 | -- | $234 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,461 | $252,549 | -- | $229,590 |
| 2023 | $4,461 | $229,590 | $0 | $230,459 |
| 2022 | $3,541 | $182,503 | $0 | $182,503 |
| 2021 | $1,961 | $131,732 | $0 | $131,732 |
| 2020 | $1,959 | $120,318 | $0 | $120,318 |
| 2019 | $1,947 | $120,318 | $0 | $120,318 |
| 2018 | $1,986 | $121,125 | $0 | $121,125 |
| 2017 | $2,046 | $123,756 | $0 | $0 |
| 2016 | $1,999 | $121,211 | $0 | $121,211 |
| 2015 | $1,036 | $131,500 | $0 | $131,500 |
| 2014 | $977 | $137,500 | $0 | $137,500 |
| 2013 | -- | $92,700 | $0 | $92,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jenn Spinelli
-
Tyler Triplett
T
Buyer's Agent in 2024
Tyler Triplett
PASSKEY REALTY LLC
(239) 230-8103
1 in this area
190 Total Sales
-
Anthony Tiljak PA
Seller's Agent in 2022
Anthony Tiljak PA
Cozza Realty Group Inc
(239) 285-0020
11 in this area
35 Total Sales
-
L
Buyer's Agent in 2022
Lynda Kayes
-
sonia ransom
Seller's Agent in 2021
sonia ransom
Berkshire Hathaway Florida
(239) 910-2227
14 in this area
75 Total Sales
Map
Source: Stellar MLS
MLS Number: T3490477
APN: 17-45-23-C1-00100.0010
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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