NOT LISTED FOR SALE

5350 Palmetto St Fort Myers Beach, FL 33931

Estimated Value: $913,601 - $1,223,000

3 Beds
2 Baths
1,424 Sq Ft
$732/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $728,000 $511 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,152/month

154 Days on Market

Highlights

  • Community Beach Access
  • New Construction
  • Cathedral Ceiling
  • Fort Myers Beach Elementary School Rated A-
  • Concrete Pool
  • Main Floor Bedroom

About This Home

As of December 2019

A Piece of Paradise on Fort Myers Beach. New Construction , mid Island , private location at rend of street with palm trees and mature vegetation. Five minutes from the Beach with two Beach Accesses to choose from. Located in the weekly rental zone and offers a great income potential as well. This is an elevated home constructed to the 170 mph hurricane code with impact windows and doors, metal roof and vinyl siding. Covered front entry leads to a spacious three bedroom two bath home with vaulted ceiling in great room, tray ceiling in Master and a large covered rear lanai overlooking the salt water chlorinated heated pool with large paver deck. Wood plank porcelain floor tile through out tile shower, granite countertops and decorative fans and light fixtures. A Bright, cheerful, tropical decor with designer chosen paint colors, white wood cabinet, custom glass tile kitchen backsplash and stainless appliances . Paver drive and plenty of parking under the home along with large storage enclosure. . Newly furnished with two king and a Queen bedroom. Designer selected furnishings and decor. Ready for occupancy and for Rental purposes this Season. Truly an unique property

Last Agent to Sell the Property

Carolyn Caney

Fort Myers Beach Realty License #258013069 Listed on: 06/28/2019

Last Buyer's Agent

Peter Albert

Premiere Plus Realty Company License #251501676

Premiere Plus Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45 x 125 x 45 x 125
  • Street terminates at a dead end
  • Northeast Facing Home
  • Fenced
  • Property is zoned TFC2

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces

Home Design

  • Stilt Home
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,424 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Open Floorplan
  • Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Open Patio
  • Outdoor Storage
  • Porch

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 3

Community Details

Overview

  • No Home Owners Association
  • Association fees include cable TV
  • Gulf Heights Subdivision

Amenities

  • Bike Room
  • Community Storage Space

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,262

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 45 x 125 x 45 x 125
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: GULF HEIGHTS
  • Directions: Estero Blvd south to Dakota, Left on Dakota, Left on Palmetto.

Located a very end on the street.
  • Architectural Style: Stilt
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2019
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 66

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Built-in Features, Bedroom on Main Level, Tray Ceiling(s), Cathedral Ceiling(s), Family/Dining Room, High Speed Internet, Kitchen Island, Living/Dining Room, Custom Mirrors, Pantry, Split Bedrooms, Shower Only, Separate Shower, Cable TV
  • Living Area: 1424.0
  • Stories: 2
  • Window Features: Other, Single Hung, Impact Glass
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Dead End
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Salt Water
  • Pool Private: Yes
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Direction Faces: Northeast
  • Exterior Features: Fence, Security/High Impact Doors, Storage
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Open, Porch
  • Property Condition: New Construction
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.0
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Covered, Underground, Garage, Attached Carport

Utilities

  • Laundry Features: Inside
  • Security: None, Smoke Detector(s)
  • 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: Beach Access, Bike Storage, Storage
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2262.0
  • Tax Block: 3
  • Tax Lot: 12
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Dec 23, 2019
Sold by
Whitmore Roy C
Bought by
Walker Larry O and Walker Holly L
Seller's Agent
Carolyn Caney
Fort Myers Beach Realty
Buyer's Agent
Peter Albert
Premiere Plus Realty Company
List Price
$739,500
Sold Price
$728,000
Premium/Discount to List
-$11,500
-1.56%
Current Estimated Value
$1,042,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,900
Avg. Annual Appreciation
6.36%
Original Mortgage
$350,000
Outstanding Balance
$308,575
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$734,325

Purchase Details

Closed on
May 15, 2017
Sold by
Hurley William J and Hurley Tehresa L
Bought by
Whitmore Roy C
Source: Public Records

Range of Values:

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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
Walker Larry O $728,000 Sunset Coast Escrow & Ttl Ll
Whitmore Roy C $170,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Larry O $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Sold $728,000 -1.6% $511 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $739,500 -- $519 / 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 $7,986 $629,207 -- --
2024 $4,789 $357,493 -- --
2023 $4,789 $324,994 $324,984 $10
2022 $10,771 $636,061 $0 $0
2021 $8,865 $630,088 $182,541 $447,547
2020 $7,989 $525,670 $175,000 $350,670
2019 $2,734 $169,400 $169,400 $0
2018 $2,262 $154,000 $154,000 $0
2017 $2,522 $207,285 $207,285 $0
2016 $1,896 $124,200 $124,200 $0
2015 $1,876 $124,200 $124,200 $0
2014 $1,692 $108,000 $108,000 $0
2013 -- $96,700 $96,700 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Carolyn Caney

    Fort Myers Beach Realty

    (239) 849-5910

    16 in this area

    19 Total Sales

    Carolyn Caney
    Section Image

  • P

    Buyer's Agent in 2019

    Peter Albert

    Premiere Plus Realty Company

    (239) 645-1758

    24 in this area

    37 Total Sales

    Peter Albert
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219044686

Florida Gulf Coast Multiple Listing Service

APN: 33-46-24-W1-00203.0120

Florida Lee County Fort Myers Beach 33931

5350 Palmetto St, Fort Myers Beach, FL

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