NOT LISTED FOR SALE

5450 7th Ave Fort Myers, FL 33907

Pine Manor Neighborhood

Estimated Value: $265,000 - $325,000

4 Beds
2 Baths
1,500 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 13, 2019

Last sale price $105,000 $70 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $1,707/month

Highlights

  • Tile Flooring
  • Ceiling Fan
  • Rectangular Lot
  • Fort Myers High School Rated A

About This Home

As of April 2019

New roof April 2017, New A/C April 2016. Good demand for these units. Back unit has a long term tenant and is well below market at $650, front is currently at &750.

Last Agent to Sell the Property

Kenneth Marlowe

Vision One Realty Group, Inc. License #258002247 Listed on: 04/13/2019

Last Buyer's Agent

Ken Marlowe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,530

Year Built

  • Built in 1980

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 115 x 50 x 115
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, sewer, telephone, water
  • Legal Lot and Block 10 / 20
  • Assessor Parcel Number 11-45-24-04-00020.0100

Community Details

Overview

  • 2 Units
  • Pine Manor Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,530

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 50 x 115 x 50 x 115
  • Road Surface Type: Paved
  • Subdivision Name: PINE MANOR
  • Directions: From US-41 turn West onto Palm Dr to right onto Seventh Ave. Home on left.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1980
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-45-24-04-00020.0100
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Telephone, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1530.0
  • Tax Block: 20
  • Tax Lot: 10
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2019
Closed on
Apr 16, 2019
Sold by
Vs & R Properties Llc
Bought by
Cerio Gregory
Seller's Agent
Kenneth Marlowe
Vision One Realty Group, Inc.
Buyer's Agent
Ken Marlowe
List Price
$139,900
Sold Price
$105,000
Premium/Discount to List
-$34,900
-24.95%
Current Estimated Value
$287,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,000
Avg. Annual Appreciation
15.62%

Purchase Details

Closed on
Jan 26, 2015
Sold by
Fannie Mae
Bought by
Vs & R Properties Llc

Purchase Details

Closed on
Oct 7, 2014
Sold by
Welcome Dennis J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 6, 1999
Sold by
Tucker B Thomas
Bought by
Welcome Dennis

Purchase Details

Closed on
Sep 21, 1999
Sold by
Szelest Frank A and Szelest Trudy H
Bought by
Welcome Dennis
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
Cerio Gregory $133,000 Attorney
Vs & R Properties Llc $48,000 Attorney
Federal National Mortgage Association -- None Available
Welcome Dennis -- --
Welcome Dennis $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welcome Dennis J $117,600
Previous Owner Welcome Dennis $35,812
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2019 04/13/19 Sold $105,000 -24.9% $70 / Sq Ft
04/13/2019 04/13/19 For Sale $139,900 -- $93 / 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 $2,304 $130,043 -- --
2023 $2,304 $118,221 $0 $0
2022 $2,284 $107,474 $0 $0
2021 $1,974 $105,281 $9,240 $96,041
2020 $1,830 $88,822 $8,400 $80,422
2019 $1,562 $78,335 $5,200 $73,135
2018 $1,530 $79,128 $5,200 $73,928
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kenneth Marlowe

    Vision One Realty Group, Inc.

    Section Image

  • K

    Buyer's Agent in 2019

    Ken Marlowe

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219028749

Florida Gulf Coast Multiple Listing Service

APN: 11-45-24-04-00020.0100

Florida Lee County Fort Myers 33907 Pine Manor

5450 7th Ave, Fort Myers, FL

This home is located at 5450 7th Ave, Fort Myers, FL 33907 since 13 April 2019 and is currently estimated at $287,000, approximately $191 per square foot. This property was built in 1980. 5450 7th 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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