NOT LISTED FOR SALE

5447 11th Ave Fort Myers, FL 33907

Pine Manor Neighborhood

Estimated Value: $272,000 - $359,000

3 Beds
2 Baths
1,664 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $185,000 $111 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,939/month

25 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • 4-minute walk to Hunter Park
  • Fort Myers High School Rated A
  • Rectangular Lot

About This Home

As of March 2021

Fantastic Investment opportunity! This is a great value for your money, the duplex is located in a very high demand rental area and is currently occupied by good long term tenants, you can start making money the next day and make an 11% cap rate, Duplex is located in a walking distance from US 41 and all amenities in Fort Myers, bus stops, schools and all the amenities that are in Fort Myers area!

Last Agent to Sell the Property

Estrella Ruiz

Smart Realty of Florida PA License #258013619 Listed on: 01/15/2021

Last Buyer's Agent

non-member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,237

Year Built

  • Built in 2006

Lot Details

  • 5,314 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • Legal Lot and Block 27 / 29
  • Assessor Parcel Number 11-45-24-06-00029.0270

Community Details

Overview

  • 2 Units
  • Pine Manor Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $2,500
  • Net Operating Income $19,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,237

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.122
  • Subdivision Name: PINE MANOR
  • Directions: Head west on Daniels Pkwy toward Treeline Ave S 5.3 mi Continue onto Cypress Lake Dr 1.0 mi Turn right onto Summerlin Rd 0.5 mi Keep left to stay on Summerlin Rd 1.5 mi Turn right onto Maple Dr 0.1 mi Turn right onto Eleventh Ave
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2006
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Window Features: Other

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: See Remarks
  • Construction Type: Vinyl Siding, Wood Frame
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-45-24-06-00029.0270
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 19100.0
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Annual Amount: 2237.0
  • Tax Block: 29
  • Tax Lot: 27
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 12, 2021
Sold by
Marin Ronald and Murillo Ana E
Bought by
Deluca Joseph A
Seller's Agent
Estrella Ruiz
Smart Realty of Florida PA
Buyer's Agent
non-member MLS
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Current Estimated Value
$311,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,000
Avg. Annual Appreciation
13.38%
Original Mortgage
$142,500
Outstanding Balance
$129,244
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$195,089

Purchase Details

Closed on
Jul 18, 2018
Sold by
Avalanche Properties Llc
Bought by
Marin Ronald and Murillo Ana E

Purchase Details

Closed on
May 31, 2016
Sold by
Kpw Properties Inc
Bought by
Avalanche Properties Llc

Purchase Details

Closed on
Apr 12, 2005
Sold by
Auman Garrett E and Auman Minerva E
Bought by
Kpw Properties

Purchase Details

Closed on
Oct 25, 2001
Sold by
Archer Kenneth D and Archer Mary A
Bought by
Auman Garrett E and Auman Minerva E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2001
Sold by
Keltner J G and Welch Warren E
Bought by
Gay Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2001
Sold by
Gay Roy
Bought by
Archer Kenneth D and Archer Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.72%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Deluca Joseph A $190,000 Jd Title & Escrow Svcs Llc
Marin Ronald $110,000 Sun National Title Co
Avalanche Properties Llc $845,000 The Title Co
Kpw Properties $464,000 Executive Title Ins Svcs Inc
Auman Garrett E $85,000 --
Gay Roy -- --
Archer Kenneth D $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deluca Joseph A $142,500
Previous Owner Auman Garrett E $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $185,000 -2.1% $111 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $189,000 -- $114 / 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
2024 $2,978 $184,276 -- --
2023 $2,978 $167,524 $17,738 $149,094
2022 $3,167 $180,653 $9,157 $171,496
2021 $2,419 $140,010 $9,055 $130,955
2020 $2,237 $118,696 $8,400 $110,296
2019 $2,049 $103,349 $5,200 $98,149
2018 $2,003 $104,166 $5,200 $98,966
Source: Public Records

Agents Affiliated with this Home

  • Estrella Ruiz

    Seller's Agent in 2021

    Estrella Ruiz

    Smart Realty of Florida PA

    (239) 878-9307

    7 in this area

    108 Total Sales

    Estrella Ruiz
    Section Image

  • n

    Buyer's Agent in 2021

    non-member MLS

  • O

    Buyer's Agent in 2021

    Out of area Non Member

    FGC Non-MLS Office

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221003839

Florida Gulf Coast Multiple Listing Service

APN: 11-45-24-06-00029.0270

Florida Lee County Fort Myers 33907 Pine Manor

5447 11th Ave, Fort Myers, FL

This home is located at 5447 11th Ave, Fort Myers, FL 33907 since 15 January 2021 and is currently estimated at $311,000, approximately $186 per square foot. This property was built in 2006. 5447 11th Ave is a home located in Lee County with nearby schools including Orangewood Elementary School, Allen Park Elementary School, and Edison Park Creative & Expressive Arts 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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