NOT LISTED FOR SALE

5506 1st Ave Fort Myers, FL 33907

Pine Manor Neighborhood

Estimated Value: $255,000 - $307,000

4 Beds
2 Baths
1,750 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $170,000 $97 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,728/month

51 Days on Market

Highlights

  • Patio
  • Tile Flooring
  • Rectangular Lot
  • Fort Myers High School Rated A
  • Central Heating and Cooling System

About This Home

As of August 2021

Investor opportunity! This Duplex located in Pine Manor, close to Hwy 41. Currently rented and generating income. Both sides are 2 bedroom, 1 bath, laundry and storage located in each unit.

Last Agent to Sell the Property

Neisa Cook Rodriguez

VIP Realty Group Inc License #258027006 Listed on: 06/27/2021

Last Buyer's Agent

Chad Damitz

Anchorpoint Real Estate, LLC License #258031115

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,656

Year Built

  • Built in 1975

Lot Details

  • 7,057 Sq Ft Lot
  • Lot Dimensions are 141 x 50 x 141 x 50
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,750 Sq Ft Home
  • Single Hung Windows

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, telephone, water
  • Legal Lot and Block 2 / 4
  • Assessor Parcel Number 11-45-24-01-00004.0020

Community Details

Overview

  • 2 Units
  • Pine Manor Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,656

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.162
  • Lot Size: 141 x 50 x 141 x 50
  • Road Surface Type: Paved
  • Subdivision Name: PINE MANOR
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1975
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, See Remarks
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • 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 #: 11-45-24-01-00004.0020
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 18000.0

Tax Info

  • Tax Annual Amount: 1656.0
  • Tax Block: 4
  • Tax Lot: 2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2021
Closed on
Aug 18, 2021
Sold by
Marsam Courtvid Llc
Bought by
Velasquez Angie
Seller's Agent
Neisa Cook Rodriguez
VIP Realty Group Inc
Buyer's Agent
Chad Damitz
Anchorpoint Real Estate, LLC
List Price
$190,000
Sold Price
$170,000
Premium/Discount to List
-$20,000
-10.53%
Current Estimated Value
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,000
Avg. Annual Appreciation
12.31%

Purchase Details

Closed on
Sep 17, 2013
Sold by
Proulx Donna Maria
Bought by
Marsam Courtvid Llc

Purchase Details

Closed on
Sep 4, 2013
Sold by
Proulx Donna Maria
Bought by
Proulx Donna Maria

Purchase Details

Closed on
Feb 18, 2011
Sold by
Berger Fred M
Bought by
Berger Fred M and Proulx Donna Maria
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
Velasquez Angie $170,000 Title Group Services
Marsam Courtvid Llc -- None Available
Proulx Donna Maria -- None Available
Berger Fred M -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $170,000 -10.5% $97 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $190,000 -- $109 / 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 $2,832 $172,880 -- --
2023 $2,832 $157,164 $17,738 $138,180
2022 $2,805 $155,167 $9,624 $145,543
2021 $1,797 $114,415 $9,887 $104,528
2020 $1,656 $96,089 $8,400 $87,689
2019 $1,515 $83,174 $5,200 $77,974
2018 $1,492 $83,981 $5,200 $78,781
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Neisa Cook Rodriguez

    VIP Realty Group Inc

  • Chad Damitz

    Buyer's Agent in 2021

    Chad Damitz

    Anchorpoint Real Estate, LLC

    (239) 785-6986

    3 in this area

    40 Total Sales

    Chad Damitz
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221046567

Florida Gulf Coast Multiple Listing Service

APN: 11-45-24-01-00004.0020

Florida Lee County Fort Myers 33907 Pine Manor

5506 1st Ave, Fort Myers, FL

This home is located at 5506 1st Ave, Fort Myers, FL 33907 since 27 June 2021 and is currently estimated at $280,000, approximately $160 per square foot. This property was built in 1975. 5506 1st 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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