NOT LISTED FOR SALE

4940 SW 3rd Ave Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $1,161,784

3 Beds
2 Baths
2,155 Sq Ft
$539/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $1,300,000 $603 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $7,651/month

55 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • 0.46 Acre Lot
  • Cape Elementary School Rated A-
  • Concrete Pool
  • Canal View

About This Home

As of December 2023

Welcome to your private oasis -- direct Gulf access, NO BRIDGES! This newly remodeled home is situated on a rarely available triple corner lot in one of the most desirable areas of Cape Coral. With expansive water views along the 190 ft wide San Jose intersecting canal, you’ll enjoy sunrises/sunsets poolside on your lanai w/ newly screened pool cage. Ample room under truss allows for year-round outdoor living with room for a lounge area and dining space. Inside you’ll enjoy a bright and open floorplan featuring Italian porcelain tile flooring, new light fixtures, and freshly painted interior. The kitchen features quartz counters and solid wood cabinetry w/ dovetail construction. Owner’s suite w/ private entrance to the pool area, new vanity w/ quartz top, fogless backlit mirror. The split floorplan allows privacy for guests and owners. The guest bath doubles as a pool bath with fogless backlit mirror and recessed lighting. Nearly 300 ft of seawall with a concrete dock and Azek composite dock w/ two boat lifts (10k lb and 20k lb). 10 minute boat ride to the river, 30 minutes to Fort Myers beach and the islands. Schedule your private tour today!

Last Agent to Sell the Property

Jeff Miloff

Miloff Aubuchon Realty Group License #252000469 Listed on: 10/13/2023

Miloff Aubuchon Realty Group

Last Buyer's Agent

Steven Jones

Keller Williams Realty Fort Myers and the Islands License #502015119

Keller Williams Realty Fort Myers and the Islands

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,700

Year Built

  • Built in 1972

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 121 x 137 x 121 x 175
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home
  • Oversized Lot
  • Sprinkler System
  • Property is zoned R1-W

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,155 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window
  • Sliding Windows
  • French Doors
  • Open Floorplan
  • Formal Dining Room
  • Tile Flooring
  • Canal Views
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Screen Enclosure

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 30 / 172
  • Assessor Parcel Number 14-45-23-C2-00172.0300

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,700

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.461
  • Lot Size: 121 x 137 x 121 x 175
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1972
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Freezer, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Separate/Formal Dining Room, Family/Dining Room, French Door(s)/Atrium Door(s), Living/Dining Room, Main Level Primary, Shower Only, Separate Shower, Split Bedrooms
  • Living Area: 2155.0
  • Stories: 1
  • Window Features: Jalousie, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Oversized Lot, Sprinklers Automatic
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Screen Enclosure
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Intersecting Canal, Navigable Water, Seawall
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: 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, Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 14-45-23-C2-00172.0300
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 14700.32
  • Tax Block: 172
  • Tax Lot: 30
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Dec 8, 2023
Sold by
Middleton Heidi Harken and Middleton Claudiu
Bought by
Jeppesen Jason
Seller's Agent
Jeff Miloff
Miloff Aubuchon Realty Group
Buyer's Agent
Steven Jones
Keller Williams Realty Fort Myers and the Islands
List Price
$1,300,000
Sold Price
$1,300,000
Views
11
Current Estimated Value
$1,161,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$138,216
Avg. Annual Appreciation
-5.80%

Purchase Details

Closed on
Oct 28, 2021
Sold by
Harken Ruth and Ruth Harken Survivors Trust
Bought by
Middleton Heidi Harken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,250
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2020
Sold by
Harken Ruth and Harken Olaf T
Bought by
Harken Ruth and Harken Peter O

Purchase Details

Closed on
Jun 9, 1999
Sold by
Nuellen James E and Nuellen Eleanor E
Bought by
Harken Olaf T and Harken Peter O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,200
Interest Rate
6.94%

Purchase Details

Closed on
Sep 22, 1995
Sold by
Monteiro Theodore W and Boucher Faith
Bought by
Nuellen James E and Nuellen Eleanor E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.74%
Source: Public Records

Range of Values:

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Average Value
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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
Jeppesen Jason $1,300,000 Omnione Title Services
Middleton Heidi Harken $354,200 First American Title Ins Co
Middleton Heidi Harken $354,200 First American Title Ins Co
Harken Ruth $100 None Listed On Document
Harken Olaf T $251,500 --
Nuellen James E $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Middleton Heidi Harken $531,250
Previous Owner Harken Olaf T $201,200
Previous Owner Nuellen James E $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold $1,300,000 0.0% $603 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $1,300,000 -- $603 / 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 $18,112 $1,004,692 $790,704 $161,400
2024 $18,112 $1,103,095 $918,068 $137,512
2023 $11,805 $729,240 $0 $0
2022 $14,700 $919,575 $735,529 $184,046
2021 $13,218 $721,506 $576,389 $145,117
2020 $11,349 $589,537 $414,700 $174,837
2019 $10,450 $570,677 $414,700 $155,977
2018 $9,973 $549,287 $395,000 $154,287
2017 $9,619 $546,258 $375,000 $171,258
2016 $8,182 $396,548 $378,907 $17,641
2015 $8,373 $396,546 $378,868 $17,678
2014 -- $576,419 $442,893 $133,526
2013 -- $394,311 $284,847 $109,464
Source: Public Records

Agents Affiliated with this Home

  • Jeff Miloff

    Seller's Agent in 2023

    Jeff Miloff

    Miloff Aubuchon Realty Group

    (239) 541-3723

    71 in this area

    147 Total Sales

    Jeff Miloff
    Section Image

  • S

    Buyer's Agent in 2023

    Steven Jones

    Keller Williams Realty Fort Myers and the Islands

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223071250

Florida Gulf Coast Multiple Listing Service

APN: 14-45-23-C2-00172.0300

Florida Lee County Cape Coral 33914 Pelican

4940 SW 3rd Ave, Cape Coral, FL

This home is located at 4940 SW 3rd Ave, Cape Coral, FL 33914 since 13 October 2023 and is currently priced at $1,161,784, approximately $539 per square foot. This property was built in 1972. 4940 SW 3rd Ave is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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