NOT LISTED FOR SALE

600 Estero Blvd Unit 505 Fort Myers Beach, FL 33931

Estimated Value: $498,000 - $1,189,000

2 Beds
2 Baths
774 Sq Ft
5,663 Sq Ft Lot

Last Sold June 02, 2014

Last sale price $487,500 $630 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,118/month

49 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Bay View
  • Fort Myers Beach Elementary School Rated A-
  • In Ground Pool
  • Furnished

About This Home

As of June 2014

One of the Fort Myers Beach best gross rent units available! Over $48,000 in gross rents last yr. This exceptional Cane Palm opportunity is now available. Beautiful and completely renovated with high end finishes and furniture. Open granite counter top kitchen with custom cabinets, updated granite bathrooms, new tile and carpet through-out. Enjoy breathtaking sunsets from the lanai. Laundry, washer and dryer in the unit. Rental website included (VRBO) Excellent rental income earner, or live in full or part time. Kitchen is fully stocked with everything you will need. Watch TV on 3 LED High Definition Flat Screens, all TV's have Blu Ray DVD Players, 42' in living room, 32' in master bed room and a 32' in second bedroom. Living room also has a Panasonic surround sound system. Wifi is available for your use. A large heated pool lies outside your front door. From your private screened balcony see amazing wildlife. Dolphins, manatees, pelicans, blue herons, eagles, and osprey, just to name a few. This North end island location is a short walk to the popular Time Square and Pier. Enjoy beautiful white sands beaches, plenty of restaurants, shopping and excellent beach life style.

Last Agent to Sell the Property

Craig Tupy

RE/MAX Realty Group License #505001361 Listed on: 03/14/2014

RE/MAX Realty Group

Last Buyer's Agent

Celeste Hug

The Laker Group LLC License #258015548

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,075

Year Built

  • Built in 1978

Lot Details

  • Property fronts gulf or ocean
  • Northeast Facing Home

Property Views

  • Bay
  • Gulf

Home Design

  • Built-Up Roof
  • Stucco

Interior Spaces

  • 774 Sq Ft Home
  • Furnished
  • Built-In Features
  • Electric Shutters
  • Double Hung Windows
  • Combination Dining and Living Room

Kitchen

  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Courtyard
  • Screened Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 505 / 2200
  • Assessor Parcel Number 24-46-23-W4-02200.5050

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include internet, laundry, ground maintenance, reserve fund, trash, water
  • 25 Units
  • Association Phone (239) 463-3222
  • Mid-Rise Condominium
  • Cane Palm Beach Condo Subdivision
  • 6-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Secure Lobby
  • Bike Room

Recreation

  • Community Beach Access
  • Shuffleboard Court
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,075

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Ownership: Condo
  • Subdivision Name: CANE PALM BEACH CONDO
  • Directions: San Carlos Blvd over the bridge onto Fort Myers Beach and go right at the bottom of the bridge on Estero Blvd to property.
  • Architectural Style: Other, Mid Rise
  • Carport Y N: No
  • Entry Level: 5
  • Garage Yn: No
  • Year Built: 1978
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, Bathtub, Closet Cabinetry, Living/Dining Room, Separate Shower, Cable TV
  • Living Area: 774.0
  • Stories: 6
  • Window Features: Double Hung, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: In Ground, Community
  • Pool Private: Yes
  • View: Bay, Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: Northeast
  • Exterior Features: Courtyard, Outdoor Grill, Outdoor Shower, Shutters Electric
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Utilities

  • Laundry Features: Common Area, Washer Hookup, Dryer Hookup, Inside
  • Security: Lobby Secured, Smoke Detector(s)
  • 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: Elevator, Non-Gated
  • Amenities: Beach Rights, Beach Access, Bike Storage, Laundry, Pool, Shuffleboard Court, Sidewalks, Trash
  • Phone: 239-463-3222
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Internet, Laundry, Maintenance Grounds, Reserve Fund, Trash, Water

Lot Info

  • Parcel #: 24-46-23-W4-02200.5050
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 25

Tax Info

  • Tax Annual Amount: 5075.0
  • Tax Block: 2200
  • Tax Lot: 505
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2020
Sold by
Richardson Diane L and Richardson Dan M
Bought by
Diane L Richardson Trust
Current Estimated Value
$721,479

Purchase Details

Listed on
Mar 14, 2014
Closed on
Jun 2, 2014
Sold by
Salisbury John W and Salisbury Karen J
Bought by
Richarson Diane L and Richardson Dan M
Seller's Agent
Craig Tupy
RE/MAX Realty Group
Buyer's Agent
Celeste Hug
The Laker Group LLC
List Price
$519,000
Sold Price
$487,500
Premium/Discount to List
-$31,500
-6.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%

Purchase Details

Closed on
Oct 8, 2010
Sold by
Mertz Jay R and Mcginnis Debra
Bought by
Salisbury John W and Salisbury Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Warner Robert Lewis
Bought by
Mertz Jay R and Mertz Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
Mortgage Type
Unknown
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
Diane L Richardson Trust -- Accommodation
Richarson Diane L $487,500 Title Group Fort Myers Ltd
Salisbury John W $410,000 Fidelity National Title Ins
Mertz Jay R $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salisbury John W $305,000
Previous Owner Salisbury John W $307,500
Previous Owner Mertz Jay R $89,500
Previous Owner Mertz Jay R $500,000
Previous Owner Mertz Jay R $400,000
Closed Mertz Jay R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2014 06/02/14 Sold $487,500 -6.1% $630 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $519,000 -- $671 / 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 $2,326 $183,983 -- $167,257
2023 $2,326 $167,257 $0 $167,257
2022 $7,262 $484,596 $0 $0
2021 $6,360 $440,542 $0 $440,542
2020 $6,444 $435,243 $0 $435,243
2019 $6,479 $434,435 $0 $434,435
2018 $6,408 $435,243 $0 $435,243
2017 $6,619 $440,088 $0 $440,088
2016 $6,424 $419,871 $0 $419,871
2015 $6,154 $394,000 $0 $394,000
2014 $5,630 $366,400 $0 $366,400
2013 -- $315,454 $0 $315,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214016624

Florida Gulf Coast Multiple Listing Service

APN: 24-46-23-W4-02200.5050