RENTED MAR 27, 2025

5311 Summerlin Rd Unit 1112 Fort Myers, FL 33919

South Fort Myers Neighborhood

Estimated Value: $109,419 - $120,000

1 Bed
1 Bath
810 Sq Ft
5,872 Sq Ft Lot

Last Sold November 08, 2018

Last sale price $55,000 $68 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $725/month

Highlights

  • Gated Community
  • Screened Porch
  • Tennis Courts
  • Fort Myers High School Rated A
  • Community Pool
  • Screened Patio

About This Home

As of March 2025

Welcome to this newly renovated first-floor condo in the gated Mystic Gardens community! Featuring a spacious one-bedroom, one-bathroom layout, this home is equipped with brand-new appliances, an in-unit full-size washer/dryer, walk-in closet, and sleek granite countertops with additional cabinets for storage!! The bathroom upgrades include granite vanities, a newly tiled walk-in shower, and LVP flooring throughout for a modern touch. Step outside to your expansive screened-in lanai and enjoy Florida’s beautiful weather, or relax by the community pool. Conveniently located near bus routes, just a mile from Trader Joe’s, and a short 10-minute drive to Downtown Fort Myers, this home offers the perfect combination of comfort and convenience.

Last Agent to Rent the Property

Connor Malt

Malt Realty & Dev. Co. License #258028278 Listed on: 01/17/2025

Co-Listed By

Rosa Martinez

Malt Realty & Dev. Co. License #258017720

Last Renter's Agent

Connor Malt

Malt Realty & Dev. Co. License #258028278 Listed on: 01/17/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1985

Lot Details

  • 5,872

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 810 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Screened Porch
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Screened Patio
  • South Facing Home

Listing and Financial Details

  • Security Deposit $1,325
  • Tenant pays for cable TV, electricity, sewer, water
  • The owner pays for trash collection
  • Long Term Lease
  • Legal Lot and Block 1112 / 3727
  • Assessor Parcel Number 11-45-24-P1-03711.1112

Community Details

Overview

  • 120 Units
  • Low-Rise Condominium
  • Mystic Gardens Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,514

Year Built

Built in 1985

Lot Details

0

Rental Info

  • Lease Term: Long Term
  • Tenant Pays: Cable TV, Electricity, Sewer, Water
  • Security Deposit: 1325.0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.1348
  • Co List Office Mls Id: FMRD
  • Co List Office Phone: 239-936-1320
  • Subdivision Name: MYSTIC GARDENS
  • Architectural Style: See Remarks, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: ,,,
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Disposal, Refrigerator
  • Owner Pays: Trash Collection
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate
  • Interior Amenities: Cable TV, Split Bedrooms
  • Living Area: 810.0
  • Dining Room Type: Screened Porch
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s)
  • Direction Faces: South
  • Exterior Features: Patio
  • Patio And Porch Features: Lanai, Patio, Porch, Screened

Utilities

  • Laundry Features: Common Area, Washer Hookup, Dryer Hookup
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Amenities: Laundry, Pool, See Remarks, Tennis Court(s)
  • Pets Allowed: No

Lot Info

  • Parcel #: 11-45-24-P1-03711.1112
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 120

Tax Info

  • Tax Block: 3727
  • Tax Lot: 1112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2019
Sold by
Khosa Holdings Inc
Bought by
Tip Point 1 Llc
Current Estimated Value
$113,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,228,341
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
-$1,114,986

Purchase Details

Listed on
Oct 1, 2018
Closed on
Oct 23, 2018
Sold by
Alemaselo Corp
Bought by
Khosa Holdings Inc
Seller's Agent
Juan Franco
Sabella Realty Inc
Buyer's Agent
Joe Sabella
Sabella Realty Inc
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$103,500
Interest Rate
4.7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 15, 2010
Sold by
Mystic Gardens Investments Llc
Bought by
Alemaselo Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tip Point 1 Llc -- Attorney
Khosa Holdings Inc $55,000 Title Trust Services Llc
Alemaselo Corp $36,600 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tip Point 1 Llc $1,400,000
Previous Owner Khosa Holdings Inc $103,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2025 03/27/25 Rented -- -- --
02/07/2025 02/07/25 Price Changed $1,325 -7.0% $2 / Sq Ft
01/17/2025 01/17/25 For Rent $1,425 0.0% --
11/08/2018 11/08/18 Sold $55,000 -8.2% $68 / Sq Ft View Prior Sale
10/09/2018 10/09/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $59,900 -- $74 / 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
2025 $1,514 $81,558 -- $81,558
2024 $1,514 $63,949 -- --
2023 $1,483 $58,135 $0 $0
2022 $1,349 $52,850 $0 $0
2021 $1,130 $48,045 $0 $48,045
2020 $1,005 $45,220 $0 $45,220
2019 $913 $39,568 $0 $39,568
2018 $786 $32,300 $0 $32,300
2017 $797 $32,300 $0 $32,300
2016 $772 $30,539 $0 $30,539
2015 $766 $30,500 $0 $30,500
2014 -- $32,130 $0 $32,130
2013 -- $31,100 $0 $31,100
Source: Public Records

Agents Affiliated with this Home

  • Connor Malt

    Landlord's Agent in 2025

    Connor Malt

    Malt Realty & Dev. Co.

    (239) 560-6248

    1 in this area

    21 Total Sales

    Connor Malt
    Section Image

  • R

    Landlord's Co-Listing Agent in 2025

    Rosa Martinez

    Malt Realty & Dev. Co.

    (239) 936-1320

    1 Total Sale

    Rosa Martinez
    Section Image

  • J

    Seller's Agent in 2018

    Juan Franco

    Sabella Realty Inc

    (239) 850-2229

    2 in this area

    19 Total Sales

    Juan Franco
    Section Image
  • Joe Sabella

    Buyer's Agent in 2018

    Joe Sabella

    Sabella Realty Inc

    (239) 470-3661

    86 Total Sales

    Joe Sabella
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225006740

Florida Gulf Coast Multiple Listing Service

APN: 11-45-24-P1-03711.1112

Florida Lee County Fort Myers 33907 South Fort Myers

5311 Summerlin Rd Unit 1112, Fort Myers, FL

Not Listed for Sale

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