NOT LISTED FOR SALE

550 Gulf Ln Captiva, FL 33924

Estimated Value: $620,000

0.56 Acre
$1,107,143 Price per Acre
24,394 Sq Ft Lot

Last Sold August 12, 2016

Last sale price $100,000

Est. 520% increase in value since last sale

Current estimated payment $3,843/month

43 Days on Market

Highlights

  • Boat Dock
  • Property fronts gulf or ocean
  • Oversized Lot
  • Sanibel Elementary School Rated A-
  • 0.56 Acre Lot
  • Brush Vegetation

About This Lot

As of August 2016

Rare Upper Captiva Gulf Front lot.

Last Agent to Sell the Property

Gary Walker

Islander Realty License #258004570 Listed on: 05/30/2016

Last Buyer's Agent

Gary Walker

Property Details

Property Type

  • Land

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 95 x 228 x 95 x 228
  • Property fronts gulf or ocean
  • Property fronts a private road
  • East Facing Home
  • Brush Vegetation
  • Oversized Lot
  • Property is zoned RM-2

Property Views

  • Gulf Views

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 05-45-21-16-00000.0020

Community Details

Overview

  • Captiva Palma Unrecorded Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.56
  • Lot Size: 95 x 228 x 95 x 228
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Subdivision Name: CAPTIVA PALMA UNRECORDED SUBDIVISION
  • Directions: From Barnacle's, North on Point House, West on Seair, South on Spanish Gold, West on Bartlett, south on Gulf Ln to property.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: Coastal Zone
  • Direction Faces: East

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Boat Facilities

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 05-45-21-16-00000.0020
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6068.0
  • Tax Block: 1
  • Tax Lot: 2
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2019
Sold by
5050 South Llc
Bought by
Sanibel Captiva Conservation Fndn Inc
Current Estimated Value
$620,000

Purchase Details

Listed on
May 30, 2016
Closed on
Aug 12, 2016
Sold by
Flangan Eric M
Bought by
550 South Llc
Seller's Agent
Gary Walker
Islander Realty
Buyer's Agent
Gary Walker
List Price
$299,000
Sold Price
$100,000
Premium/Discount to List
-$199,000
-66.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.27%

Purchase Details

Closed on
Jun 19, 1996
Sold by
Flanagan Eric M and Flanagan Kelly J
Bought by
Flanagan Eric M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanibel Captiva Conservation Fndn Inc -- Attorney
550 South Llc $100,000 None Available
Flanagan Eric M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 550 South Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $100,000 -66.6% --
07/13/2016 07/13/16 Pending -- -- --
05/30/2016 05/30/16 For Sale $299,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

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 -- $514,075 -- --
2024 -- $467,341 -- --
2023 $0 $424,855 $0 $0
2022 $0 $386,232 $0 $0
2021 $0 $351,120 $351,120 $0
2020 $0 $351,120 $351,120 $0
2019 $5,968 $351,120 $351,120 $0
2018 $6,164 $351,120 $351,120 $0
2017 $6,460 $351,120 $351,120 $0
2016 $5,884 $313,500 $313,500 $0
2015 $6,068 $313,500 $313,500 $0
2014 -- $313,500 $313,500 $0
2013 -- $268,500 $268,500 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gary Walker

    Islander Realty

    (239) 472-3000

    13 in this area

    37 Total Sales

    Gary Walker
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216036548

Florida Gulf Coast Multiple Listing Service

APN: 05-45-21-16-00000.0020

Florida Lee County Captiva 33924

550 Gulf Ln, Captiva, FL

Not Listed for Sale

Lots

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