NOT LISTED FOR SALE

5118 SW 3rd Ave Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $643,000 - $800,328

4 Beds
3 Baths
2,443 Sq Ft
$294/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $705,000 $289 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,595/month

231 Days on Market

Highlights

  • Boat Dock
  • Concrete Pool
  • Canal Access
  • Cape Elementary School Rated A-
  • Waterfront
  • Canal View

About This Home

As of September 2024

Bring us an offer! Location location location and flexibilty. One house from the Cul de Sac with very little traffic! This one of a kind floor plan allows for so many options. This spacious home offers almost 2450 sq ft under air that features 4 bedrooms /3 bath perfect for a mutligenerational household/ in-law space offering total privacy for 2 families. Highlights include 2 living area's and pocket doors providing privacy and a shared kitchen. On the other hand,you can rent this house out to 4 couples and everyone would have privacy. BEST OF BOTH WORLDS. You must tour this house to appreciate how unique it is. Direct Gulf access minutes to the river AND BiMINI BASIN provides for great entertainment access. This home is turnkey furnished and can provide immediate income for the investor or immediate occupancy for a family. Move right in. Everything has been renovated since Ian. This 1975 build New tile,cabinets,quartz waterfall countertops,roof,pool resurfacing,paint and more. Just bring your toothbrush, favorite beverage and Jimmy Buffett CD. Call today for a private showing.

Last Agent to Sell the Property

Calee Pasek

Royal Palm Realty of SW FL LLC License #258023113 Listed on: 02/05/2024

Co-Listed By

Salvatore DiStefano

Royal Palm Realty of SW FL LLC License #258020099

Last Buyer's Agent

Christopher Lynch

Gulf Coast Living Real Estate, Inc License #258006990

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,659

Year Built

  • Built in 1975

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • East Facing Home
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned R1-W

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Canal
  • Pool

Home Design

  • Florida Architecture
  • Spanish Architecture
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,443 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Sliding Windows
  • Great Room
  • Open Floorplan
  • Screened Porch
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Canal Access
  • Courtyard
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 24 / 175
  • Assessor Parcel Number 14-45-23-C2-00175.0240

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,659

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Co List Office Mls Id: FRPSW
  • Co List Office Phone: 239-281-8111
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Florida, Ranch, One Story, Spanish
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1975
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Pets No Pets Comments: ,,,
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Dual Sinks, Family/Dining Room, Fireplace, Living/Dining Room, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), Split Bedrooms
  • Living Area: 2443.0
  • Dining Room Type: Bathroom, Family Room, Guest Quarters, Great Room, Screened Porch
  • Stories: 1
  • Window Features: Single Hung, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Concrete, In Ground, Pool Equipment
  • Pool Private: Yes
  • View: Canal, Pool
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Courtyard, Sprinkler/Irrigation, None, Patio
  • Patio And Porch Features: Lanai, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: None
  • Phone: 000-000-0000
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 14-45-23-C2-00175.0240
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7658.62
  • Tax Block: 175
  • Tax Lot: 24
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Sep 24, 2024
Sold by
Spinuzza Diane and Spinuzza George Louis
Bought by
Forest James F and Forest Tarri N
Seller's Agent
Calee Pasek
Royal Palm Realty of SW FL LLC
Buyer's Agent
Christopher Lynch
Gulf Coast Living Real Estate, Inc
List Price
$949,900
Sold Price
$705,000
Premium/Discount to List
-$244,900
-25.78%
Views
84
Current Estimated Value
$718,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,332
Avg. Annual Appreciation
1.75%

Purchase Details

Listed on
Jul 5, 2017
Closed on
Feb 21, 2018
Sold by
Barefoot Steven and Weinstein Sherry
Bought by
George Louis William and Spinuzza Diane
Seller's Agent
John Moran
CD Real Estate of SWFL LLC
Buyer's Agent
Salvatore DiStefano
Royal Palm Realty of SW FL LLC
List Price
$448,800
Sold Price
$405,000
Premium/Discount to List
-$43,800
-9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$364,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2002
Sold by
Light Charles and Light Barbara
Bought by
Barefoot Steven and Weinstein Sherry

Purchase Details

Closed on
Jan 29, 1999
Sold by
Sanchez Louis and Sanchez Carmen
Bought by
Light Charles E and Doss Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,590
Interest Rate
6.72%
Source: Public Records

Range of Values:

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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
Forest James F $705,000 Hale Law And Title
George Louis William $405,000 North American Title Co
Barefoot Steven $280,000 --
Light Charles E $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner George Louis William $364,500
Previous Owner Light Charles E $157,590
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2024 10/10/24 Pending -- -- --
09/24/2024 09/24/24 Sold $705,000 -11.8% $289 / Sq Ft
08/13/2024 08/13/24 Price Changed $799,000 -4.3% $327 / Sq Ft
07/06/2024 07/06/24 Price Changed $835,000 -1.6% $342 / Sq Ft
06/27/2024 06/27/24 Price Changed $848,900 -5.6% $347 / Sq Ft
05/10/2024 05/10/24 Price Changed $898,900 -5.4% $368 / Sq Ft
02/05/2024 02/05/24 For Sale $949,900 +134.5% $389 / Sq Ft
02/22/2018 02/22/18 Sold $405,000 -9.8% $168 / Sq Ft View Prior Sale
01/23/2018 01/23/18 Pending -- -- --
07/05/2017 07/05/17 For Sale $448,800 -- $186 / 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 $9,933 $462,724 $411,825 $45,821
2024 $7,659 $475,255 -- --
2023 $7,659 $431,206 $431,196 $10
2022 $8,009 $392,773 $0 $0
2021 $6,952 $378,778 $221,167 $157,611
2020 $6,480 $324,605 $214,000 $110,605
2019 $6,386 $321,391 $228,900 $92,491
2018 $4,908 $275,036 $0 $0
2017 $4,855 $269,379 $0 $0
2016 $4,777 $292,298 $216,164 $76,134
2015 $4,836 $274,215 $182,371 $91,844
2014 -- $301,607 $161,048 $140,559
2013 -- $257,108 $135,780 $121,328
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Calee Pasek

    Royal Palm Realty of SW FL LLC

    (239) 677-7236

    21 in this area

    54 Total Sales

    Calee Pasek
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Salvatore DiStefano

    Royal Palm Realty of SW FL LLC

    (239) 281-8111

    21 in this area

    44 Total Sales

    Salvatore DiStefano
    Section Image
  • Christopher Lynch

    Buyer's Agent in 2024

    Christopher Lynch

    Gulf Coast Living Real Estate, Inc

    (239) 887-2006

    19 in this area

    160 Total Sales

    Christopher Lynch
    Section Image

  • J

    Seller's Agent in 2018

    John Moran

    CD Real Estate of SWFL LLC

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224012051

Florida Gulf Coast Multiple Listing Service

APN: 14-45-23-C2-00175.0240

Florida Lee County Cape Coral 33914 Pelican

5118 SW 3rd Ave, Cape Coral, FL

This home is located at 5118 SW 3rd Ave, Cape Coral, FL 33914 since 05 February 2024 and is currently estimated at $718,332, approximately $294 per square foot. This property was built in 1975. 5118 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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