NOT LISTED FOR SALE

5204 Coronado Pkwy Unit A-B Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $401,000 - $423,000

4 Beds
2 Baths
2,056 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $380,000 $185 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,630/month

65 Days on Market

Highlights

  • Fruit Trees
  • Corner Lot
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of August 2022

Golden Opportunity in Cape Coral!

This duplex located in the heart of Cape Coral, Florida is perfect for investors or anyone looking for an amazing property in an ideal location! With new development all around it and the Yacht Club Beach just minutes away, there is excellent future potential here! Keep it as it is, have it as a rental property, AirBnb or build your dream multi-family property. Zoned Multi-Family, Less than 10 Units, this is your chance to own a piece of paradise.

The current units have a tiled open plan living area, ceiling fans and ducted air-conditioning, a tidy kitchen, one with granite counter-tops, lots of storage and a serving area through to the dining/living area. There are two bedrooms and one bathroom, a covered porch with a pleasant garden view and car parking for each unit.

Unit A tenant currently paying $1300 per month and is moving out 06/30/2022 or before. Unit B is owner occupied.

The possibilities are endless with this incredible property in an excellent location nestled between downtown Cape Coral and The Cape Coral Yacht Club beach. Make an inquiry today.

Last Agent to Sell the Property

David Ortiz

Sellstate 5 Star Realty License #258031301 Listed on: 06/17/2022

Sellstate 5 Star Realty

Co-Listed By

Kynse Leigh Agles

Epique Realty, Inc. License #258006041

Last Buyer's Agent

Shawn Cowan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,730

Year Built

  • Built in 1972

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions are 123 x 84 x 123 x 84
  • Corner Lot
  • Fruit Trees

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,056 Sq Ft Home
  • Ceiling Fan
  • Sliding 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, telephone
  • Legal Lot and Block 23 / 114
  • Assessor Parcel Number 13-45-23-C2-00114.0230

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,730

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.241
  • Lot Size: 123 x 84 x 123 x 84
  • Co List Office Mls Id: PO13021
  • Co List Office Phone: 561-880-2600
  • Subdivision Name: CAPE CORAL
  • Directions: Cape Coral Pkwy toward the river and yacht club on Coronado- Duplex is on the corner of Tower Dr and Coronado Pkwy.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1972
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Lot Features: Corner Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fruit Trees
  • Property Condition: Resale
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 13-45-23-C2-00114.0230
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2730.39
  • Tax Block: 114
  • Tax Lot: 23
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Dickerson Collin M and Dickerson Carolyn
Bought by
Sharma Prashant K
Current Estimated Value
$408,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Outstanding Balance
$416,772
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
-$7,945

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 22, 2022
Sold by
Joseph Celozzi
Bought by
Dickerson Collin M
Seller's Agent
David Ortiz
Sellstate 5 Star Realty
Buyer's Agent
Shawn Cowan
List Price
$429,000
Sold Price
$380,000
Premium/Discount to List
-$49,000
-11.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$373,117
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2013
Sold by
Taulbee Charles R and Taulbee Evetta
Bought by
Celozzi Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,134
Interest Rate
3.53%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2011
Sold by
Wells Fargo Bank Na
Bought by
Taulbee Charles R and Taulbee Evetta

Purchase Details

Closed on
Sep 21, 2010
Sold by
Cavin Margaret
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 6, 2004
Sold by
Lleras Oswaldo and Lleras Patricia
Bought by
Cavin Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.19%
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
Sharma Prashant K $430,000 Winged Foot Title
Sharma Prashant K $430,000 Winged Foot Title
Dickerson Collin M $380,000 --
Dickerson Collin M $380,000 --
Celozzi Joseph $103,000 Omega Title Florida
Celozzi Joseph $103,000 Omega Title Florida
Taulbee Charles R $49,000 Landsafe Title
Taulbee Charles R $49,000 Landsafe Title
Wells Fargo Bank Na $36,100 None Available
Wells Fargo Bank Na $36,100 None Available
Cavin Margaret $169,000 Avalon Title Inc
Cavin Margaret $169,000 Avalon Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Prashant K $422,211
Previous Owner Dickerson Collin M $373,117
Previous Owner Celozzi Joseph $101,134
Previous Owner Cavin Margaret $75,000
Previous Owner Cavin Margaret $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $380,000 -11.4% $185 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $429,000 -- $209 / 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 $4,830 $214,589 -- --
2023 $4,368 $195,081 $50,668 $144,413
2022 $3,055 $136,701 $0 $0
2021 $2,730 $172,729 $36,400 $136,329
2020 $2,592 $119,210 $0 $0
2019 $1,713 $89,069 $0 $0
2018 $1,681 $87,408 $0 $0
2017 $1,627 $85,610 $0 $0
2016 $1,547 $111,222 $25,000 $86,222
2015 $1,497 $95,208 $16,400 $78,808
2014 $1,439 $82,605 $23,300 $59,305
2013 -- $71,590 $11,600 $59,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222046286

Florida Gulf Coast Multiple Listing Service

APN: 13-45-23-C2-00114.0230