NOT LISTED FOR SALE

511 SE 5th Place Unit A-B Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $282,060 - $349,000

4 Beds
2 Baths
900 Sq Ft
$368/Sq Ft Est. Value

Last Sold February 01, 2015

Last sale price $110,000 $122 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $2,155/month

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Rectangular Lot
  • Cape Elementary School Rated A-

About This Home

As of February 2015

2 bedroom one bath duplex located in central Cape Coral....Easy access to almost everywhere... long term tenants in place on a month to month. Hurry before this one is gone.

Last Agent to Sell the Property

Dennis Kraus

Realty One Group MVP License #252000303 Listed on: 02/01/2015

Realty One Group MVP

Co-Listed By

Craig Alexander

Nautical Realty Group Inc License #252010903

Last Buyer's Agent

Dennis Kraus

Realty One Group MVP License #252000303 Listed on: 02/01/2015

Realty One Group MVP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,654

Year Built

  • Built in 1981

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • Legal Lot and Block 16 / 1138
  • Assessor Parcel Number 13-44-23-C3-01138.0160

Community Details

Overview

  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,600
  • Net Operating Income $14,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,654

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2296
  • Lot Size: 80 x 125 x 80 x 125
  • Co List Office Mls Id: NAUT
  • Co List Office Phone: (239) 471-2755
  • Subdivision Name: CAPE CORAL
  • Directions: Hancock bridge to south on cultural west on 6th ter left on 7th ave left on 6th st and follow it around to 5 pl
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1981
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 13-44-23-C3-01138.0160
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Number Of Units Total: 1
  • Property Net Operating Income: 14700.0
  • Annual Operating Expense: 3600.0

Tax Info

  • Tax Annual Amount: 1654.0
  • Tax Block: 1138
  • Tax Lot: 16
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
The Littie Pink Llc
Bought by
Obrenski James L and Obrenski Jean A
Current Estimated Value
$331,265

Purchase Details

Listed on
Feb 1, 2015
Closed on
Feb 24, 2015
Sold by
Verdecchia Henry A and Keller Bonnie M
Bought by
The Little Pink Llc
Seller's Agent
Dennis Kraus
Realty One Group MVP
Buyer's Agent
Dennis Kraus
Realty One Group MVP
List Price
$115,900
Sold Price
$110,000
Premium/Discount to List
-$5,900
-5.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%

Purchase Details

Closed on
Sep 21, 1999
Sold by
Peacock John
Bought by
Verdecchia Henry A and Keller Bonnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
8.22%
Mortgage Type
Commercial
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
Obrenski James L $256,000 Knight Barry Title Sln Inc
The Little Pink Llc $110,000 Mls Title Llc
Verdecchia Henry A $78,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verdecchia Henry A $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2015 02/01/15 Sold $110,000 -5.1% $122 / Sq Ft
02/01/2015 02/01/15 For Sale $115,900 -- $129 / 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 $5,014 $245,397 $66,215 $174,257
2024 $5,014 $223,282 -- --
2023 $4,710 $202,984 $0 $0
2022 $3,987 $184,535 $47,000 $137,535
2021 $3,338 $139,241 $47,000 $92,241
2020 $3,177 $126,778 $42,000 $84,778
2019 $3,091 $124,357 $45,000 $79,357
2018 $3,006 $117,898 $35,000 $82,898
2017 $2,812 $107,397 $16,000 $91,397
2016 $2,615 $98,636 $16,000 $82,636
2015 $2,084 $84,995 $13,000 $71,995
2014 $1,910 $74,692 $9,024 $65,668
2013 -- $64,305 $4,800 $59,505
Source: Public Records

Agents Affiliated with this Home

  • Dennis Kraus

    Seller's Agent in 2015

    Dennis Kraus

    Realty One Group MVP

    (239) 839-6155

    1 in this area

    31 Total Sales

    Dennis Kraus
    Section Image

  • C

    Seller Co-Listing Agent in 2015

    Craig Alexander

    Nautical Realty Group Inc

    (239) 850-0935

    20 Total Sales

    Craig Alexander
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215007468

Florida Gulf Coast Multiple Listing Service

APN: 13-44-23-C3-01138.0160

Florida Lee County Cape Coral 33990 Hancock

511 SE 5th Place Unit A-B, Cape Coral, FL

This home is located at 511 SE 5th Place Unit A-B, Cape Coral, FL 33990 since 01 February 2015 and is currently estimated at $331,265, approximately $368 per square foot. This property was built in 1981. 511 SE 5th Place Unit A-B is a home located in Lee County with nearby schools including Caloosa Elementary School, Hancock Creek Elementary School, and Tropic Isles Elementary School.

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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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