NOT LISTED FOR SALE

5623 10th Ave Fort Myers, FL 33907

Pine Manor Neighborhood

Estimated Value: $257,000 - $350,000

4 Beds
2 Baths
2,146 Sq Ft
$143/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $114,000 $53 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,869/month

61 Days on Market

Highlights

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

About This Home

As of February 2018

This is a rare opportunity for an investor to buy into a duplex with long term renter already in place. Each unit features 2 bedrooms and one bath. Interior and exterior newly renovated. Call me today to see this great investment property.

Last Agent to Sell the Property

Wood Casimir

Starlink Realty, Inc License #252013508 Listed on: 11/16/2017

Starlink Realty, Inc

Last Buyer's Agent

Paula Miranda

William Raveis Real Estate License #249522390

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,029

Year Built

  • Built in 1973

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 114 x 50 x 114

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,146 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 32 / 28
  • Assessor Parcel Number 11-45-24-06-00028.0320

Community Details

Overview

  • Pine Manor Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,000
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,029

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 50 x 114 x 50 x 114
  • Subdivision Name: PINE MANOR
  • Directions: Summerlin Rd. to Maple Dr. Turn right on Tenth Ave. subject property will be on your left.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1973
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: See Remarks

Exterior Features

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Amenities: See Remarks
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-45-24-06-00028.0320
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Number Of Units Total: 1
  • Property Net Operating Income: 15000.0
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 1029.0
  • Tax Block: 28
  • Tax Lot: 32
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Feb 12, 2018
Sold by
Wiley Jacqueline B and Murphy Jacqueline B
Bought by
Arreguin Miguel
Seller's Agent
Wood Casimir
Starlink Realty, Inc
Buyer's Agent
Paula Miranda
William Raveis Real Estate
List Price
$130,000
Sold Price
$114,000
Premium/Discount to List
-$16,000
-12.31%
Current Estimated Value
$307,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,333
Avg. Annual Appreciation
11.63%
Original Mortgage
$85,500
Outstanding Balance
$73,237
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$187,763

Purchase Details

Listed on
Nov 16, 2017
Closed on
Jan 12, 2018
Sold by
Wiley David C
Bought by
Areguin Miguel
Seller's Agent
Wood Casimir
Starlink Realty, Inc
Buyer's Agent
Paula Miranda
William Raveis Real Estate
List Price
$130,000
Sold Price
$114,000
Premium/Discount to List
-$16,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Outstanding Balance
$73,237
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$187,763

Purchase Details

Closed on
Dec 29, 2006
Sold by
Jacqueline B Murphy Trust
Bought by
Ministries4 New Dawn

Purchase Details

Closed on
Feb 6, 1998
Sold by
Murphy Jacqueline B
Bought by
Jacqueline B Murphy Tr

Purchase Details

Closed on
Jun 30, 1997
Sold by
Berlin Dennis J and Berlin Cecile A
Bought by
Murphy Jacqueline B
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
Arreguin Miguel $114,000 Cape Coral Title Ins Agency
Arreguin Miguel -- Cape Coral Title Ins Agency
Areguin Miguel -- Cape Coral Title Ins Agency
Ministries4 New Dawn -- None Available
Jacqueline B Murphy Tr $200 --
Murphy Jacqueline B $49,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arreguin Miguel $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $114,000 -12.3% $53 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
11/16/2017 11/16/17 For Sale $130,000 -- $61 / 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 $2,328 $115,732 -- --
2023 $2,328 $105,211 $0 $0
2022 $2,212 $95,646 $0 $0
2021 $1,905 $109,550 $11,558 $97,992
2020 $1,701 $82,366 $8,400 $73,966
2019 $1,565 $71,860 $5,200 $66,660
2018 $1,255 $71,061 $5,200 $65,861
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2018

    Wood Casimir

    Starlink Realty, Inc

    (239) 693-7263

    35 Total Sales

    Wood Casimir
    Section Image
  • Paula Miranda

    Buyer's Agent in 2018

    Paula Miranda

    William Raveis Real Estate

    (239) 273-5690

    120 Total Sales

    Paula Miranda
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217070726

Florida Gulf Coast Multiple Listing Service

APN: 11-45-24-06-00028.0320

Florida Lee County Fort Myers 33907 Pine Manor

5623 10th Ave, Fort Myers, FL

This home is located at 5623 10th Ave, Fort Myers, FL 33907 since 16 November 2017 and is currently estimated at $307,333, approximately $143 per square foot. This property was built in 1973. 5623 10th 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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