NOT LISTED FOR SALE

5204 SW 28th Place Cape Coral, FL 33914

Estimated Value: $1,112,000 - $3,976,000

0.27 Acre
$10,387,307 Price per Acre
11,761 Sq Ft Lot

Last Sold December 15, 2016

Last sale price $510,000

Est. 450% increase in value since last sale

Current estimated payment $18,940/month

239 Days on Market

Highlights

  • Boat Dock
  • Mangrove Front
  • Oversized Lot
  • Cape Elementary School Rated A-
  • Canal View
  • Cul-De-Sac

About This Lot

As of December 2016

You Won't Want to Miss One of the Last Lots Available in this Prestigious Neighborhood of Peninsula Point! This Oversize Western Exposure Lot Features 216 Ft of Waterfront Overlooking the Spreader Waterway & Preserve on a Secluded Cul-De-Sac. Walking Distance to Cape Harbour Marina, Rumrunners Restaurant and Boutique Shopping. Imagine a View From Every Room of Your New Custom Home!

Last Agent to Sell the Property

Melissa Farmer

Pay it Forward Realty Inc License #252011494 Listed on: 03/20/2016

Last Buyer's Agent

Robert Drake

Florida Realty Experts LLC License #846506043

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,026

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 34 x 78 x 216 x 174
  • Cul-De-Sac
  • East Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 27 / 5016
  • Assessor Parcel Number 17-45-23-C4-05016.0270

Community Details

Overview

  • Association fees include trash
  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Mangrove Front
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$9,026

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.27
  • Lot Size: 34 x 78 x 216 x 174
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: S on Chiquita, W on El Dorado, N on SW 28th Pl, Lot is on left hand side
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cul-De-Sac, Oversized Lot
  • View: Canal, Mangroves
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: East

Utilities

  • Sewer: See Remarks
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None

Fee Information

  • Association Fee Includes: Trash

Lot Info

  • Current Use: Single Family
  • Parcel #: 17-45-23-C4-05016.0270
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9026.0
  • Tax Block: 5016
  • Tax Lot: 27
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Merkli Peter
Bought by
Pmi Management Llc
Current Estimated Value
$2,804,573

Purchase Details

Closed on
Sep 22, 2018
Sold by
Pmi Management Llc
Bought by
Merkli Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,471
Interest Rate
5.75%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 20, 2016
Closed on
Dec 15, 2016
Sold by
Chen Letty Pingo
Bought by
Pmi Management Llc
Seller's Agent
Melissa Farmer
Pay it Forward Realty Inc
Buyer's Agent
Robert Drake
Florida Realty Experts LLC
List Price
$619,000
Sold Price
$510,000
Premium/Discount to List
-$109,000
-17.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.91%
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
Pmi Management Llc -- Accommodation
Merkli Peter -- Landsel Title Agency Inc
Pmi Management Llc $510,000 Omega Land Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merkli Peter $995,471
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $510,000 -17.6% --
11/15/2016 11/15/16 Pending -- -- --
03/20/2016 03/20/16 For Sale $619,000 -- --
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 $43,901 $2,936,475 -- --
2023 $43,901 $2,669,523 $0 $0
2022 $39,653 $2,426,839 $882,959 $1,543,880
2021 $29,171 $1,604,540 $675,018 $929,522
2020 $28,889 $1,524,575 $619,200 $905,375
2019 $11,756 $617,272 $563,160 $54,112
2018 $10,359 $536,400 $536,400 $0
2017 $9,419 $446,400 $446,400 $0
2016 $9,467 $446,400 $446,400 $0
2015 $9,026 $411,600 $411,600 $0
2014 $8,643 $396,000 $396,000 $0
2013 -- $490,500 $490,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Farmer

    Seller's Agent in 2016

    Melissa Farmer

    Pay it Forward Realty Inc

    (239) 246-5006

    47 Total Sales

    Melissa Farmer
    Section Image

  • R

    Buyer's Agent in 2016

    Robert Drake

    Florida Realty Experts LLC

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216020939

Florida Gulf Coast Multiple Listing Service

APN: 17-45-23-C4-05016.0270

Florida Lee County Cape Coral 33914

5204 SW 28th Place, Cape Coral, FL

This home is located at 5204 SW 28th Place, Cape Coral, FL 33914 since 20 March 2016 and is currently estimated at $2,804,573. 5204 SW 28th Place 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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