NOT LISTED FOR SALE

516 SW 27th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $335,000 - $413,000

0.23 Acre
$1,654,917 Price per Acre
10,019 Sq Ft Lot

Last Sold May 19, 2021

Last sale price $66,000

Est. 477% increase in value since last sale

Current estimated payment $2,284/month

About This Lot

As of May 2021

Welcome to paradise! If you've dreamed of living the Florida lifestyle then look no further. Cape Coral ranked in the top 10 for Forbes list of fastest growing cities with good reason. Residents love the waterfront, shopping, dining, parks, year-round events and everything else the city has to offer. Build the home of your dreams on a cleared lot zoned R1 (single family) and in flood zone X. Soak up the sun from the Southern exposure. You'll be central to Veterans or Cape Coral Pkwy should you need to commute. Don't wait - city water and sewer (assessments) are in with a small balance to be assumed by the buyer.

Last Agent to Sell the Property

Jennafer Snyder

Realty One Group MVP License #252013223 Listed on: 05/19/2021

Last Buyer's Agent

Jessica Rivera

Verstige Realty Group, LLC License #258025653

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,510

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • North Facing Home
  • Rectangular Lot
  • Cleared Lot
  • Property is zoned R1-D

Utilities

  • Water Available
  • Sewer Assessments

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 29 / 1888
  • Assessor Parcel Number 35-44-23-C1-01888.0290

Property Details

Property Type

Land

Est. Annual Taxes

$1,510

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cleared, Rectangular Lot
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File, RV Restriction(s), Seller Disclosure, Special Assessment, See Remarks
  • Direction Faces: North
  • Property Condition: To Be Built

Utilities

  • Sewer: Assessment Unpaid, Public Sewer, See Remarks
  • Utilities: Sewer Available, Trash Collection, Water Available, Water Not Available
  • Water Source: Assessment Unpaid, Public, None

Condo/Co-op/Association

  • Community Features: Street Lights

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 35-44-23-C1-01888.0290
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1510.0
  • Tax Block: 1888
  • Tax Lot: 29
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
Rivera Alcides Diaz and Rivera Jessica Yesenia
Bought by
Rivera Alcides Diaz and Rivera Jessica Yesenia
Current Estimated Value
$380,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,200
Outstanding Balance
$235,820
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$144,811

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 7, 2021
Sold by
Smith Barbara V
Bought by
Rivera Aleides Diaz
Seller's Agent
Jennafer Snyder
Realty One Group MVP
Buyer's Agent
Jessica Rivera
Verstige Realty Group, LLC
List Price
$60,000
Sold Price
$66,000
Premium/Discount to List
$6,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.59%
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
Rivera Alcides Diaz $100 None Listed On Document
Rivera Aleides Diaz $66,000 Omega National Ttl Agcy Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Alcides Diaz $241,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $66,000 +10.0% --
05/19/2021 05/19/21 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
2024 $2,567 $313,941 -- --
2023 $2,567 $52,747 $0 $0
2022 $2,020 $47,952 $47,952 $0
2021 $1,645 $31,000 $31,000 $0
2020 $1,534 $28,000 $28,000 $0
2019 $1,510 $28,600 $28,600 $0
2018 $1,500 $27,300 $27,300 $0
2017 $1,407 $18,492 $18,492 $0
2016 $1,445 $16,000 $16,000 $0
2015 $1,390 $11,200 $11,200 $0
2014 $1,300 $6,600 $6,600 $0
2013 -- $4,200 $4,200 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jennafer Snyder

    Realty One Group MVP

    (239) 440-7444

    5 in this area

    14 Total Sales

    Jennafer Snyder
    Section Image

  • J

    Buyer's Agent in 2021

    Jessica Rivera

    Verstige Realty Group, LLC

    (909) 697-6941

    2 in this area

    6 Total Sales

    Jessica Rivera
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220073208

Florida Gulf Coast Multiple Listing Service

APN: 35-44-23-C1-01888.0290

Florida Lee County Cape Coral 33914 Pelican

516 SW 27th Terrace, Cape Coral, FL

This home is located at 516 SW 27th Terrace, Cape Coral, FL 33914 since 19 May 2021 and is currently estimated at $380,631. 516 SW 27th Terrace 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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