NOT LISTED FOR SALE

505 SW 31st Place Cape Coral, FL 33991

Burnt Store Neighborhood

Estimated Value: $376,000 - $478,000

1.24 Acres
$339,775 Price per Acre
54,145 Sq Ft Lot

Last Sold August 07, 2024

Last sale price $455,000

Est. 7% decrease in value since last sale

Current estimated payment $2,823/month

233 Days on Market

Highlights

  • Waterfront
  • 1.24 Acre Lot
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Corner Lot

About This Lot

As of August 2024

"UNIQUE 1.243 ACRES". IT CAN BE SPLITTED IN FOUR OVERSIZED LOTS. Nestled at the tranquil end of a picturesque canal in highly desirable Southwest Cape Coral, this exceptional lot offers an opportunity for your dream waterfront oasis. With serene water views, and fresh water canal with SEAWALL IN PLACE and city WATER AND SEWER in place, this property gives amazing opportunities for kayaking, fishing and waterside living. The land provides a private and peaceful retreat, while still being close to the city's amenities. This lot is conveniently located off the newly widen Burnt Store Road and Ceitus Parkway, near Publix, Walgreens and restaurants, one of the fastest growing areas of the Cape! READY TO BUILD your dream home here and experience the best of Florida's waterfront living in a tropical paradise.

Last Agent to Sell the Property

Enrique Pedraza

Innova Real Estate Corp License #258006915 Listed on: 11/06/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,900

Lot Details

  • 1.24 Acre Lot
  • Lot Dimensions are 308 x 224 x 293 x 114
  • Waterfront
  • West Facing Home
  • Corner Lot
  • Oversized Lot
  • Irregular Lot
  • Property is zoned RD

Property Views

  • Canal Views

Utilities

  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 25 / 3944
  • Assessor Parcel Number 17-44-23-C4-03944.0250

Community Details

Overview

  • Association fees include cable TV
  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$9,900

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.243
  • Lot Size: 308 x 224 x 293 x 114
  • Subdivision Name: CAPE CORAL
  • Directions: From Burnt Store Rd, go east on Ceitus Pkwy. Lot is located on corner of Ceitus Pkwy and sw 31st PL, extends to corner of Sw 31st PL and Sw 5th St.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot, Irregular Lot, Oversized Lot
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Familial Relation
  • Direction Faces: West

Utilities

  • Sewer: Assessment Unpaid
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Assessment Unpaid

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: Cable TV

Lot Info

  • Current Use: Single Family
  • Parcel #: 17-44-23-C4-03944.0250
  • Zoning Description: RD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9900.3
  • Tax Block: 3944
  • Tax Lot: 25
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Jul 29, 2024
Sold by
Nisova Llc
Bought by
Netanel Buildings Llc
Seller's Agent
Enrique Pedraza
Innova Real Estate Corp
List Price
$594,000
Sold Price
$455,000
Premium/Discount to List
-$139,000
-23.4%
Views
42
Current Estimated Value
$422,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,660
Avg. Annual Appreciation
-5.92%

Purchase Details

Closed on
Aug 21, 2019
Sold by
Pedraza Enrique
Bought by
Nisova Llc

Purchase Details

Listed on
Sep 19, 2017
Closed on
May 4, 2018
Sold by
Santhinho Dimitry and Santhinho Marie Piloquet
Bought by
Pedraza Enrique
Seller's Agent
Jay LaGace
EXP Realty LLC
Buyer's Agent
Enrique Pedraza
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.41%

Purchase Details

Closed on
Oct 3, 2014
Sold by
Joseph Kevlin
Bought by
Santinho Dimitry and Santinho Marie Piloquet

Purchase Details

Closed on
Sep 24, 2004
Sold by
Joseph Sylvia
Bought by
Joseph Kelvin

Purchase Details

Closed on
Jul 31, 2002
Sold by
Heinz Norbert A
Bought by
Joseph Sylvia and Joseph Kelvin
Source: Public Records

Range of Values:

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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
Netanel Buildings Llc $455,000 Cape Coral Title
Nisova Llc -- None Available
Pedraza Enrique $18,400 Landsel Title Agency Inc
Santinho Dimitry $15,500 Townsend Title Ins Agency Ll
Joseph Kelvin -- --
Joseph Sylvia $17,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2024 08/07/24 Sold $455,000 -3.2% --
06/27/2024 06/27/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $469,800 -2.1% --
02/13/2024 02/13/24 Price Changed $479,800 -2.0% --
01/30/2024 01/30/24 Price Changed $489,800 -2.0% --
01/17/2024 01/17/24 Price Changed $499,800 -5.5% --
01/12/2024 01/12/24 Price Changed $529,000 -7.0% --
11/18/2023 11/18/23 Price Changed $569,000 -4.2% --
11/06/2023 11/06/23 For Sale $594,000 +1088.0% --
03/26/2018 03/26/18 Sold $50,000 -16.7% -- View Prior Sale
02/24/2018 02/24/18 Pending -- -- --
09/19/2017 09/19/17 For Sale $60,000 -- --
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 $7,345 $78,736 $78,736 --
2024 $7,345 $72,912 -- --
2023 $10,378 $66,284 $0 $0
2022 $9,900 $60,258 $0 $0
2021 $9,759 $78,000 $78,000 $0
2020 $10,792 $49,800 $49,800 $0
2019 $3,158 $14,000 $14,000 $0
2018 $3,159 $14,000 $14,000 $0
2017 $559 $14,212 $14,212 $0
2016 $535 $14,000 $14,000 $0
2015 $596 $18,000 $18,000 $0
2014 -- $11,300 $11,300 $0
2013 -- $9,200 $9,200 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Enrique Pedraza

    Innova Real Estate Corp

    (239) 560-4559

    18 in this area

    32 Total Sales

    Enrique Pedraza
    Section Image

  • J

    Seller's Agent in 2018

    Jay LaGace

    EXP Realty LLC

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223081619

Florida Gulf Coast Multiple Listing Service

APN: 17-44-23-C4-03944.0250

Florida Lee County Cape Coral 33991 Burnt Store

505 SW 31st Place, Cape Coral, FL

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