NOT LISTED FOR SALE

Estimated Value: $19,000 - $67,000

0.24 Acre
$179,167 Price per Acre
10,454 Sq Ft Lot

Last Sold December 30, 2020

Last sale price $11,500

Est. 274% increase in value since last sale

Current estimated payment $322/month

1 Day on Market

About This Lot

As of December 2020

Multi-family lot available in Lehigh Acres in the Southwood subdivision.
Centrally located near shopping, schools, and hospitals. Lehigh Acres is
developing fast, great place for a rental investment. 2 minutes from the
Majestic Golf Club. Just 30 minutes from Fort Myers, 40 minutes to Cape
Coral, and 45 minutes to Estero Island Beaches. No flood zone. No owner
financing.
Site Address: 542 Alabama RD S, LEHIGH ACRES, FL 33974
Parcel #: 07-45-27-31-001650070
Legal description: SOUTHWOOD UNIT 31 BLK 165 PB 26 PG 95 LOT 7
Subdivision: SOUTHWOOD UNIT 31
Lot Size: 10,454.40 sq ft
Lot dimensions: 96 ft x 125 ft
Zoning: Vacant Residential
County: LEE
2020 taxes: $259.13
Paved: Yes
Electricity: Yes
Water: No
Sewer: No
Covenants, Restrictions and Association Dues: None
Title: Free and Clear (no liens, unpaid taxes)

Last Agent to Sell the Property

Moe Mossa

Savvy Avenue, LLC License #496503916 Listed on: 11/28/2020

Last Buyer's Agent

NMLS NMLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $259

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 90 x 125 x 96 x 125
  • East Facing Home
  • Rectangular Lot
  • Property is zoned RM-2

Property Views

  • City Views

Utilities

  • Water Not Available
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include cable TV
  • Southwood Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 165
  • Assessor Parcel Number 07-45-27-31-00165.0070

Property Details

Property Type

Land

Est. Annual Taxes

$259

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.24
  • Lot Size: 90 x 125 x 96 x 125
  • Road Surface Type: Paved
  • Subdivision Name: SOUTHWOOD
  • Directions: Head northeast on Grant Blvd toward Palmyra Ave. Turn left onto Milwaukee Blvd. Turn right onto Alabama Rd S. Destination will be on the right
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: City
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: East

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: Cable TV

Lot Info

  • Current Use: Single Family
  • Parcel #: 07-45-27-31-00165.0070
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 259.0
  • Tax Block: 165
  • Tax Lot: 7
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2020
Closed on
Dec 21, 2020
Sold by
Unity Development Llc
Bought by
Construction Y Promoters V & N Llc
Seller's Agent
Moe Mossa
Savvy Avenue, LLC
Buyer's Agent
NMLS NMLS
List Price
$12,900
Sold Price
$11,500
Premium/Discount to List
-$1,400
-10.85%
Current Estimated Value
$43,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,500
Avg. Annual Appreciation
30.03%

Purchase Details

Closed on
Oct 16, 2020
Sold by
Nikias George
Bought by
Unity Development Investments Llc

Purchase Details

Closed on
Jul 6, 2020
Sold by
Nikias Mata K
Bought by
Nikias George
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
Construction Y Promoters V & N Llc $11,500 Attorney
Unity Development Investments Llc $10,000 Empower Title Llc
Nikias George -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Constructora Y Promotora V Y $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $11,500 -10.9% --
11/30/2020 11/30/20 Pending -- -- --
11/28/2020 11/28/20 For Sale $12,900 -- --
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 $1,061 $7,986 -- --
2023 $358 $7,260 $0 $0
2022 $318 $6,600 $0 $0
2021 $285 $6,000 $6,000 $0
2020 $270 $5,000 $5,000 $0
2019 $123 $4,800 $4,800 $0
2018 $111 $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220075850

Florida Gulf Coast Multiple Listing Service

APN: 07-45-27-L2-31165.0070