NOT LISTED FOR SALE

Estimated Value: $433,404 - $637,000

2 Beds
2 Baths
792 Sq Ft
6,390 Sq Ft Lot

Last Sold October 16, 2020

Last sale price $435,000 $549 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,239/month

455 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Contemporary Architecture
  • Fort Myers Beach Elementary School Rated A-
  • Bay View
  • Outdoor Fireplace

About This Home

As of October 2020

DIRECT GULF FRONT WITH SPECTACULAR VIEWS OF THE GULF JUST OFF YOUR LIVING ROOM, MASTER BEDROOM, AND LANAI. THIS CONDO HAS PERFECT LOCATION. SANDY BEACHES RIGHT OUT YOUR FRONT DOOR. LISTEN TO THE WAVES FROM YOUR BEDROOM , BALCONY or LIVING ROOM. CONVENIENT, GROCERY AND ESSENTIAL SHOPPING RIGHT ACROSS THE STREET. ADDITIONALLY A FULL SERVICE MARINA FOR YOUR BOATING STORAGE AND OR RENTAL NEEDS WITH THE ISLAND FAMOUS BAY FRONT BISTRO WITH FINE AND CASUAL DINING AND DRINKS! A TROLLEY STOP RIGHT OUT FRONT WHICH WILL CARRY YOU NORTH TO TIME SQUARE OR SOUTH TO SANTINI PLAZA FOR AFTER HOURS ENTERTAINMENT AND DINING! THIS CONDO BEING A WEEKLY RENTAL OFFERS ONE OF THE BEST CAP RETURN ON INVESTMENT ON FT MYERS BEACH. FOR THE SAVVY BUYER THIS UNIT OFFERS PERSONAL USE AND THE OPPORTUNITY TO RENT WHEN YOUR NOT THERE TO HELP WITH YOUR ANNUAL CARRYING COSTS.FOR THE SMART INVESTOR THIS UNIT HAS GREAT RENTAL HISTORY AND TRANSFERABLE RENTALS IN PLACE WHICH ARE INCLUDED IN THE PURCHASE PRICE ALLOWING THE INVESTOR TO PURCHASE AN UP AND RUNNING PROGRAM READY TO GO!

Last Agent to Sell the Property

John Chappelle

Nesbit Real Estate, Inc. License #258005565 Listed on: 06/18/2019

Last Buyer's Agent

John Chappelle

Nesbit Real Estate, Inc. License #258005565 Listed on: 06/18/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,326

Year Built

  • Built in 1978

Lot Details

  • Property fronts gulf or ocean
  • East Facing Home

Property Views

  • Bay
  • Gulf

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 792 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Bay Window
  • Open Floorplan
  • Hobby Room
  • Tile Flooring

Kitchen

  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Screened Patio
  • Outdoor Fireplace
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block B4 / 2101
  • Assessor Parcel Number 28-46-24-W4-02101.0B40

Community Details

Overview

  • No Home Owners Association
  • Association fees include management, cable TV, internet, irrigation water, legal/accounting, ground maintenance, road maintenance, street lights, trash, water
  • 68 Units
  • Mid-Rise Condominium
  • Smugglers Cove Condo Subdivision
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Shops
  • Laundry Facilities
  • Elevator
  • Bike Room

Recreation

  • Community Beach Access
  • Community Pool
  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,326

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1467
  • Ownership: Condo
  • Subdivision Name: SMUGGLERS COVE CONDO
  • Directions: MID ISLAND TO 5100 BLOCK ESTERO
  • Architectural Style: Contemporary, Mid Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1978
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Outside
  • Flooring: Tile
  • Interior Amenities: Closet Cabinetry, Family/Dining Room, Living/Dining Room, Tub Shower, High Speed Internet, Split Bedrooms
  • Living Area: 792.0
  • Stories: 6
  • Window Features: Bay Window(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • View: Bay, Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Outdoor Shower
  • Patio And Porch Features: Balcony, Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Elevator, Near Hotel/Motel, Shopping
  • Amenities: Beach Rights, Beach Access, Bike Storage, Hobby Room, Laundry, Barbecue, Picnic Area, Pool, Trail(s)
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Internet, Irrigation Water, Legal/Accounting, Maintenance Grounds, Road Maintenance, Street Lights, Trash, Water

Lot Info

  • Parcel #: 28-46-24-W4-02101.0B40
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 68

Tax Info

  • Tax Annual Amount: 5326.0
  • Tax Block: 2101
  • Tax Lot: B4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Oct 14, 2020
Sold by
Bogs Kathleen A and Kathleen A Bogs Declaration Of
Bought by
Lowell Rebeca and Lowell Victor
Seller's Agent
John Chappelle
Nesbit Real Estate, Inc.
Buyer's Agent
John Chappelle
Nesbit Real Estate, Inc.
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%
Current Estimated Value
$565,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,187
Avg. Annual Appreciation
2.47%

Purchase Details

Closed on
Oct 1, 2019
Sold by
Bogs Derald R
Bought by
Bogs Kathleen A and Kathleen A Bogs Declaration Of Trust

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 28, 2018
Sold by
Frey Michael E
Bought by
Bogs Derald R and Derald R Bogs Declaration Of Trust
Seller's Agent
G. Scott Hamrick
Berkshire Hathaway FL Realty
Buyer's Agent
Sandy Bishop LLC
Downing Frye Referral Network
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.74%

Purchase Details

Closed on
May 28, 2008
Sold by
Alaimo Deborah L and Gauker Deborah L
Bought by
Frey Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,750
Interest Rate
6%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 20, 2007
Sold by
Gauker Barton E and Gauker Deborah L
Bought by
Gauker Deborah L

Purchase Details

Closed on
Jan 31, 2000
Sold by
Werner Terry A and Werner Karen L
Bought by
Gauker Barton E and Gauker Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
7.9%
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
Lowell Rebeca $435,000 Sun National Title Co Llc
Bogs Kathleen A -- None Available
Bogs Derald R $465,000 Atlas Title
Frey Michael E $493,000 Attorney
Gauker Deborah L $96,200 Attorney
Gauker Barton E $249,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frey Michael E $369,750
Previous Owner Gauker Barton E $198,750
Previous Owner Gauker Barton E $199,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $435,000 -12.8% $549 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
06/18/2019 06/18/19 For Sale $499,000 +7.3% $630 / Sq Ft
09/28/2018 09/28/18 Sold $465,000 -6.8% $587 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $499,000 -- $630 / 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
2024 $1,405 $110,622 -- --
2023 $1,405 $100,565 $0 $100,565
2022 $5,848 $389,979 $0 $0
2021 $5,121 $354,526 $0 $354,526
2020 $5,490 $370,643 $0 $370,643
2019 $5,326 $356,915 $0 $356,915
2018 $5,258 $356,915 $0 $356,915
2017 $5,347 $355,300 $0 $355,300
2016 $5,324 $361,562 $0 $361,562
2015 $4,793 $307,860 $0 $307,860
2014 -- $277,900 $0 $277,900
2013 -- $267,000 $0 $267,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219043019

Florida Gulf Coast Multiple Listing Service

APN: 28-46-24-W4-02101.0B40