NOT LISTED FOR SALE

705 NE 5th Ave Cape Coral, FL 33909

Diplomat Neighborhood

Estimated Value: $42,000 - $177,000

0.23 Acre
$398,183 Price per Acre
10,019 Sq Ft Lot

Last Sold September 01, 2022

Last sale price $74,500

Est. 23% increase in value since last sale

Current estimated payment $580/month

Highlights

  • Waterfront
  • Canal Access
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of September 2022

CITY WATER AND CITY SEWER IN! Situated on the "Vermont Canal", This parcel is ready for your new home! FRESHWATER Canal! Fresh Paved Roads! Flood Zone X, No Flood Insurance Required! NO ENDANGERED SPECIES HERE, BUILD NOW! Quick access to booming Pine Island RD and all the new shops! Near Burnt Store Community Boat Ramp (Gulf Access), Community Parks, and Matlacha! Relatively close to Charlotte County Airport and Fort Myers airport. This area will continue to increase in value as development progresses! Be sure to drive by this one, it could be your future home site!

Last Agent to Sell the Property

Ellison Espinal

Sposen Realty & Development License #258020755 Listed on: 06/07/2022

Last Buyer's Agent

Kristen DeRenne-Travelo

Experience Real Estate Group License #258030356

Property Details

Property Type

  • Land

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • Northwest Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Additional Features

  • Canal Views
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 11 / 2414
  • Assessor Parcel Number 12-44-23-C2-02414.0110

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: Northwest

Utilities

  • Sewer: Assessment Unpaid, Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Assessment Unpaid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 12-44-23-C2-02414.0110
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2783.31
  • Tax Block: 2414
  • Tax Lot: 11
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Sep 1, 2022
Sold by
Diversified Land Holdings Of Swfl Llc
Bought by
Nelson Mandi and Nelson Ian
Seller's Agent
Ellison Espinal
Sposen Realty & Development
Buyer's Agent
Kristen DeRenne-Travelo
Experience Real Estate Group
List Price
$79,900
Sold Price
$74,500
Premium/Discount to List
-$5,400
-6.76%
Current Estimated Value
$91,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,082
Avg. Annual Appreciation
2.44%

Purchase Details

Closed on
May 25, 2022
Sold by
Schmitt Leslie A
Bought by
Diversified Land Holdings Of Swfl Llc

Purchase Details

Closed on
Jul 29, 2005
Sold by
Heidenreich Nancy Fogarty
Bought by
Hovey Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.5%
Mortgage Type
Unknown
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
Nelson Mandi $74,500 --
Diversified Land Holdings Of Swfl Llc $25,000 New Title Company Name
Hovey Leslie A $146,000 Progressive Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hovey Leslie A $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $74,500 -6.8% --
09/01/2022 09/01/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $79,900 -- --
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 $3,398 $49,912 $49,912 --
2023 $3,398 $50,490 $51,060 $0
2022 $2,936 $11,858 $0 $0
2021 $2,783 $11,500 $11,500 $0
2020 $2,986 $9,800 $9,800 $0
2019 $3,035 $14,000 $14,000 $0
2018 $3,020 $14,000 $14,000 $0
2017 $499 $13,243 $13,243 $0
2016 $453 $11,000 $11,000 $0
2015 $423 $11,200 $11,200 $0
2014 $365 $11,050 $11,050 $0
2013 -- $7,600 $7,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Ellison Espinal

    Seller's Agent in 2022

    Ellison Espinal

    Sposen Realty & Development

    (239) 699-1974

    38 in this area

    322 Total Sales

    Ellison Espinal
    Section Image

  • K

    Buyer's Agent in 2022

    Kristen DeRenne-Travelo

    Experience Real Estate Group

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222043943

Florida Gulf Coast Multiple Listing Service

APN: 12-44-23-C2-02414.0110

Florida Lee County Cape Coral 33909 Diplomat

705 NE 5th Ave, Cape Coral, FL

This home is located at 705 NE 5th Ave, Cape Coral, FL 33909 since 07 June 2022 and is currently estimated at $91,582. 705 NE 5th Ave is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and J. Colin English Elementary 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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