NOT LISTED FOR SALE

5449 8th Ave Fort Myers, FL 33907

Pine Manor Neighborhood

Estimated Value: $283,000 - $347,000

4 Beds
4 Baths
1,260 Sq Ft
$245/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $247,500 $196 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,808/month

70 Days on Market

Highlights

  • Impact Glass
  • Park
  • Central Heating and Cooling System
  • Fort Myers High School Rated A
  • Tile Flooring
  • Ceiling Fan

About This Home

As of December 2021

Ideal Investment Opportunity!
This duplex has been completely renovated. Exterior renovations includes new hurricane windows, new siding, new metal roof.
Interior renovations include: new kitchen cabinets, new bathroom vanities, new hot water heater, new plumbing, new AC system 2 ton 16 seer, all new duct work, new fire wall between two units, new meters for electrical, new insulation, granite countertops, stackable washer and dryers, new tile, new showers.
Renters are in place on a month to month lease.
Location is everything. Close to shopping, restaurants, downtown and much more.

Last Agent to Sell the Property

Melinda Noel

Realty One Group MVP License #258029685 Listed on: 10/12/2021

Realty One Group MVP

Last Buyer's Agent

Michael Darda

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $942

Year Built

  • Built in 1980

Lot Details

  • 6,186 Sq Ft Lot
  • Lot Dimensions are 1 x 1 x 1 x 1
  • Rectangular Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring
  • Impact Glass

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, water
  • Legal Lot and Block 19 / 20
  • Assessor Parcel Number 11-45-24-05-00020.0190

Community Details

Overview

  • 2 Units
  • Pine Manor Subdivision

Recreation

  • Park

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $2,100
  • Net Operating Income $24,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$942

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.142
  • Lot Size: 1 x 1 x 1 x 1
  • Road Surface Type: Paved
  • Subdivision Name: PINE MANOR
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1980
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Impact Glass, Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Wood Siding, Wood Frame
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Central Air, Ceiling Fan(s), 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: Park
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-45-24-05-00020.0190
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 24300.0
  • Annual Operating Expense: 2100.0

Tax Info

  • Tax Annual Amount: 942.0
  • Tax Block: 20
  • Tax Lot: 19
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Dec 22, 2021
Sold by
Noel Travis and Noel Kim
Bought by
Moeller Dale
Seller's Agent
Melinda Noel
Realty One Group MVP
Buyer's Agent
Michael Darda
List Price
$275,000
Sold Price
$247,500
Premium/Discount to List
-$27,500
-10%
Current Estimated Value
$285,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,833
Avg. Annual Appreciation
4.53%
Original Mortgage
$185,625
Outstanding Balance
$172,553
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$118,114

Purchase Details

Closed on
Nov 16, 2018
Sold by
Bud & Birdie Investments Llc
Bought by
Kim Noel Travis and Kim Noel

Purchase Details

Closed on
Aug 26, 2015
Sold by
Schnall Alan R and Schnall Marie G
Bought by
Bud & Birdie Investments Llc

Purchase Details

Closed on
Jun 6, 2005
Sold by
Archer Kenneth D and Archer Mary A
Bought by
Schnall Alan R and Schnall Marie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,169
Interest Rate
5.59%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2005
Sold by
Archer Ken D and Archer Mary A
Bought by
B & D Town Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,920
Interest Rate
5.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2001
Sold by
Wells Fargo Bk Mn Natl Assn
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
$64,000
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2001
Sold by
Clerk Circuit Court
Bought by
Wells Fargo Bk Mn Natl Assn and Norwest Bk Mn N A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 1996
Sold by
Nadel Richard D
Bought by
Resheske John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
7.51%
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
Moeller Dale $247,500 Superior Ttl & Closings Llc
Kim Noel Travis $35,000 Cape Corla Title Ins Agency
Bud & Birdie Investments Llc $32,000 Preferred Title Inc
Schnall Alan R $124,900 Executive Title Ins Svcs Inc
B & D Town Properties Llc -- Executive Title Ins Svcs Inc
B & D Town Properties Llc $124,900 Executive Title Ins Svcs Inc
Archer Kenneth D $64,000 --
Wells Fargo Bk Mn Natl Assn $76,500 --
Resheske John $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moeller Dale $185,625
Previous Owner Haggerty Brendan $102,169
Previous Owner Schnall Alan R $99,920
Previous Owner Archer Kenneth D $64,000
Previous Owner Resheske John $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $247,500 -10.0% $196 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $275,000 -- $218 / 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 $2,785 $119,328 -- --
2023 $2,145 $108,480 $17,738 $90,742
2022 $2,832 $157,039 $8,400 $148,639
2021 $1,434 $120,760 $8,400 $112,360
2020 $942 $40,740 $8,400 $32,340
2019 $787 $21,311 $5,200 $16,111
2018 $875 $26,643 $5,200 $21,443
Source: Public Records

Agents Affiliated with this Home

  • Melinda Noel

    Seller's Agent in 2021

    Melinda Noel

    Realty One Group MVP

    (239) 313-3445

    2 in this area

    72 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Michael Darda

    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Jared Lussier

    Virtual Florida Realty, Inc.

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221072210

Florida Gulf Coast Multiple Listing Service

APN: 11-45-24-05-00020.0190

Florida Lee County Fort Myers 33907 Pine Manor

5449 8th Ave, Fort Myers, FL

This home is located at 5449 8th Ave, Fort Myers, FL 33907 since 12 October 2021 and is currently estimated at $308,333, approximately $244 per square foot. This property was built in 1980. 5449 8th 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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