NOT LISTED FOR SALE

518-520 SE 7th St Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $80,000 - $346,000

0.23 Acre
$813,043 Price per Acre
10,019 Sq Ft Lot

Last Sold May 08, 2023

Last sale price $120,000

Est. 56% increase in value since last sale

Current estimated payment $1,133/month

Highlights

  • Boat Dock
  • Cape Elementary School Rated A-
  • Rectangular Lot

About This Lot

As of May 2023

Central location multi-family lot located within easy access to Pine Island Rd and Veteran's Parkway. Lot has sewer and water access and is located in an area of multi-family homes. Don't wait--vacant and buildable multi-family lots are not easy to find in Cape Coral--don't expect this one to last! Build a duplex--live in one side and rent out the other for income or build as a full rental with two incomes coming in!! FHA construction loan financing is available--contact the listing agent for financing info and for duplex plans available!

Last Agent to Sell the Property

Robert Ekdahl

Sposen Realty & Development License #252011145 Listed on: 03/17/2023

Last Buyer's Agent

Ying Lin

Lee International Realty Inc License #258027759

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,653

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • North Facing Home
  • Rectangular Lot
  • Property is zoned R3-D

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 37 / 1072
  • Assessor Parcel Number 13-44-23-C3-01072.0370

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$1,653

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
  • Directions: From Veterans Pkwy, head north on Santa Barbara Blvd to a right turn on SE 7th ST--continue until lot is on your right.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 13-44-23-C3-01072.0370
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1652.71
  • Tax Block: 1072
  • Tax Lot: 37
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 5, 2023
Sold by
Mikhail Fady G and Mikhail Bishoy G
Bought by
He Ar Ming and Lin Yan
Seller's Agent
Robert Ekdahl
Sposen Realty & Development
Buyer's Agent
Ying Lin
Lee International Realty Inc
List Price
$145,000
Sold Price
$120,000
Premium/Discount to List
-$25,000
-17.24%
Current Estimated Value
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,000
Avg. Annual Appreciation
19.85%

Purchase Details

Closed on
Aug 27, 2007
Sold by
Ibrahim Nahed R and Mikhail Bishoy G
Bought by
Ibrahim Nahed R and Mikhail Bishoy G

Purchase Details

Closed on
May 2, 2006
Sold by
Ibrahim Nahed R and Estate Of George J Mikhail
Bought by
Ibrahim Nahed R and Mikhail Fady G

Purchase Details

Closed on
Apr 12, 2002
Sold by
Kappes Audrey Marlene and Remme Lloyd G
Bought by
Shalaby George
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
He Ar Ming $120,000 Cape Coral Title Insurance Age
Mikhail Bishoy G $100 Cape Coral Title Insurance Age
Ibrahim Nahed R -- Attorney
Ibrahim Nahed R -- None Available
Shalaby George $6,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/08/2023 05/08/23 Sold $120,000 -17.2% --
03/17/2023 03/17/23 For Sale $145,000 -- --
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 $1,841 $66,215 $66,215 --
2024 $1,079 $81,159 $81,159 --
2023 $1,079 $12,450 $0 $0
2022 $1,802 $11,318 $0 $0
2021 $1,653 $47,000 $47,000 $0
2020 $1,368 $42,000 $42,000 $0
2019 $1,352 $45,000 $45,000 $0
2018 $1,282 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Robert Ekdahl

    Sposen Realty & Development

    Section Image

  • Y

    Buyer's Agent in 2023

    Ying Lin

    Lee International Realty Inc

    (917) 330-0221

    29 in this area

    74 Total Sales

    Ying Lin
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223021249

Florida Gulf Coast Multiple Listing Service

APN: 13-44-23-C3-01072.0370

Florida Lee County Cape Coral 33990 Hancock

518-520 SE 7th St, Cape Coral, FL

This home is located at 518-520 SE 7th St, Cape Coral, FL 33990 since 17 March 2023 and is currently estimated at $187,000. 518-520 SE 7th St is a home located in Lee County with nearby schools including Caloosa Elementary School, Hancock Creek 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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