NOT LISTED FOR SALE

5634 8th Ave Fort Myers, FL 33907

Pine Manor Neighborhood

Estimated Value: $277,000 - $328,000

4 Beds
2 Baths
1,320 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 19, 2018

Last sale price $90,000 $68 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $1,831/month

528 Days on Market

Highlights

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

About This Home

As of April 2018

This property is the best choice for investor. The roof was fixed a year ago. The gross cape rate is more than 10%

Last Agent to Sell the Property

Yair Pelossof

Streamlined Property Mgmt & RE License #258023094 Listed on: 10/07/2016

Last Buyer's Agent

Yair Pelossof

Streamlined Property Mgmt & RE License #258023094 Listed on: 10/07/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1970

Lot Details

  • 6,098

Home Design

  • Duplex

Interior Spaces

  • 1,320 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 18 / 24
  • Assessor Parcel Number 11-45-24-05-00024.0180

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $4,620
  • Net Operating Income $8,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,158

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Subdivision Name: NOT APPLICABLE
  • Directions: Off Cleveland Ave go west on Palm Dr . On the fifths turning take left to Eighth st
  • Structure Type: Duplex
  • Year Built: 1970
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: See Remarks
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, See Remarks
  • Roof: See Remarks

Utilities

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

Condo/Co-op/Association

  • Amenities: See Remarks
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 11-45-24-05-00024.0180
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Number Of Units Total: 1
  • Property Net Operating Income: 8580.0
  • Annual Operating Expense: 4620.0

Tax Info

  • Tax Annual Amount: 1158.0
  • Tax Block: 24
  • Tax Lot: 18
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Group Gama Llc
Bought by
Padilla Judith Torres
Current Estimated Value
$301,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,270
Outstanding Balance
$13,469
Interest Rate
0.9%
Estimated Equity
$287,531

Purchase Details

Listed on
Oct 7, 2016
Closed on
Apr 17, 2018
Sold by
Fiif Llc
Bought by
Group Gania Llc
Seller's Agent
Yair Pelossof
Streamlined Property Mgmt & RE
Buyer's Agent
Yair Pelossof
Streamlined Property Mgmt & RE
List Price
$135,000
Sold Price
$90,000
Premium/Discount to List
-$45,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.70%

Purchase Details

Closed on
Aug 18, 2016
Sold by
Emb Holdings Lllp
Bought by
Fhf Llc

Purchase Details

Closed on
Nov 5, 2013
Sold by
Sababa Holdings Llp
Bought by
Emb Holdings Llp

Purchase Details

Closed on
Jul 17, 2013
Sold by
Cash Flow Investment Properties Llc
Bought by
Sababa Holdings Llp

Purchase Details

Closed on
Jul 16, 2013
Sold by
Aisling Properties Llc
Bought by
Cash Flow Investments Llc

Purchase Details

Closed on
Mar 21, 2012
Sold by
Federal National Mortgage Association
Bought by
Aisling Properties Llc

Purchase Details

Closed on
Feb 16, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 2, 2010
Sold by
Ascarrunz Raul
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 14, 2004
Sold by
Reynolds Gregg C
Bought by
Ascarrunz Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,920
Interest Rate
5.66%
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
Padilla Judith Torres $300,000 The Title Boutique
Group Gania Llc $90,000 Agent Title Services Llc
Fhf Llc $60,000 Agent Title Services Llc
Emb Holdings Llp $50,000 Realty Title Solutions Lllp
Sababa Holdings Llp $42,000 Attorney
Cash Flow Investments Llc $39,000 Attorney
Aisling Properties Llc $29,000 Stewart Title Company
Federal National Mortgage Association -- Attorney
Wells Fargo Bank Na -- None Available
Ascarrunz Raul $94,900 Team Title Insurance Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Judith Torres $14,270
Open Padilla Judith Torres $285,408
Previous Owner Ascarrunz Raul $75,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2018 04/19/18 Sold $90,000 -33.3% $68 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
10/07/2016 10/07/16 For Sale $135,000 -- $102 / 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 $2,739 $191,476 $25,258 $158,582
2023 $2,236 $112,313 $0 $0
2022 $2,252 $102,103 $0 $0
2021 $1,943 $107,301 $8,400 $98,901
2020 $1,784 $88,018 $8,400 $79,618
2019 $1,639 $76,712 $5,200 $71,512
2018 $1,611 $77,521 $5,200 $72,321
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2018

    Yair Pelossof

    Streamlined Property Mgmt & RE

    (954) 937-6493

    1 in this area

    45 Total Sales

    Yair Pelossof
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216061271

Florida Gulf Coast Multiple Listing Service

APN: 11-45-24-05-00024.0180

Florida Lee County Fort Myers 33907 Pine Manor

5634 8th Ave, Fort Myers, FL

This home is located at 5634 8th Ave, Fort Myers, FL 33907 since 07 October 2016 and is currently estimated at $301,000, approximately $228 per square foot. This property was built in 1970. 5634 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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