NOT LISTED FOR SALE

5290 Martin Cove Pine Island Center, FL 33922

Estimated Value: $164,879 - $243,000

0.33 Acre
$617,734 Price per Acre
14,418 Sq Ft Lot

Last Sold September 01, 2022

Last sale price $180,000

Est. 14% increase in value since last sale

Current estimated payment $1,276/month

119 Days on Market

Highlights

  • Boat Dock
  • Waterfront
  • Canal View
  • Cape Coral High School Rated A-
  • Canal Access

About This Lot

As of September 2022

Build your dream home on this beautiful waterfront lot! Moments away by boat to Matlacha Pass and some of the best fishing in SW Florida, this ideal location has it all. Property boasts mature palms, avocado, banana and lemon trees. This is the perfect spot to make your Florida dream a reality. Adjacent home is also on the market.

Last Agent to Sell the Property

Erin Lambert

Black Diamond Real Estate Grou License #423010523 Listed on: 05/04/2022

Black Diamond Real Estate Grou

Last Buyer's Agent

Erin Lambert

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,260

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 70 x 137 x 70 x 137
  • Waterfront
  • Property fronts a private road
  • South Facing Home
  • Property is zoned RS-1

Property Views

  • Canal Views

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 32 / 03
  • Assessor Parcel Number 21-44-22-03-00000.032A

Community Details

Overview

  • Serenity Cove Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,260

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.331
  • Lot Size: 70 x 137 x 70 x 137
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: SERENITY COVE
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: See Remarks
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: South

Utilities

  • Sewer: None
  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Boat Facilities

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 21-44-22-03-00000.032A
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1260.0
  • Tax Block: 03
  • Tax Lot: 32
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Aug 30, 2022
Sold by
Patrick Lollar Kevin
Bought by
Leyndecker Albert Meredith and Leyndecker Merlyn M
Seller's Agent
Erin Lambert
Black Diamond Real Estate Grou
Buyer's Agent
Erin Lambert
List Price
$230,000
Sold Price
$180,000
Premium/Discount to List
-$50,000
-21.74%
Current Estimated Value
$204,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,470
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
Apr 16, 1998
Sold by
Alspaugh Robert E
Bought by
Lollar Constance and Lollar Kevin P

Purchase Details

Closed on
Feb 25, 1998
Sold by
Alspaugh Robert E and Alspaugh Ingeborg
Bought by
Alspaugh Robert E

Purchase Details

Closed on
Nov 17, 1997
Sold by
Alspaugh Robert E and Alspaugh Ingeborg
Bought by
Alspaugh Robert E and Alspaugh Ingeborg
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
Leyndecker Albert Meredith $180,000 Florida Hometown Title & Escro
Lollar Constance $35,000 --
Alspaugh Robert E -- --
Alspaugh Robert E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $180,000 -21.7% --
09/01/2022 09/01/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $230,000 -- --
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 $1,970 $134,380 $134,380 --
2023 $1,970 $132,683 $78,777 $0
2022 $1,374 $87,161 $0 $0
2021 $1,260 $85,300 $85,300 $0
2020 $1,182 $81,200 $81,200 $0
2019 $1,141 $81,200 $81,200 $0
2018 $1,105 $81,200 $81,200 $0
2017 $1,045 $75,824 $75,824 $0
2016 $833 $49,200 $49,200 $0
2015 $817 $49,200 $49,200 $0
2014 -- $53,500 $53,500 $0
2013 -- $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Erin Lambert

    Black Diamond Real Estate Grou

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222034114

Florida Gulf Coast Multiple Listing Service

APN: 21-44-22-03-00000.032A

Florida Lee County 33922

5290 Martin Cove, FL

This home is located at 5290 Martin Cove, Pine Island Center, FL 33922 since 04 May 2022 and is currently estimated at $204,470. 5290 Martin Cove is a home located in Lee County with nearby schools including Pine Island Elementary School, Trafalgar Middle School, and Gulf Middle School.

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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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