NOT LISTED FOR SALE

720 Polk St Unit 724 Fort Myers, FL 33916

Morningside Neighborhood

Estimated Value: $256,090 - $366,000

5 Beds
3 Baths
2,176 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $156,000 $72 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,276/month

2 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of April 2019

All concrete block TRIPLEX. 3 units. All units are rented with long terms tenants. Tenants have a great payment history. Great high demand rent location!! Sellers have no other disclosures since never occupied the property. Call for appointments, do not disturb tenants.

Last Agent to Sell the Property

Olga Baranova

Realty Hub License #251531174 Listed on: 03/28/2019

Realty Hub

Last Buyer's Agent

Olga Baranova

Realty Hub License #251531174 Listed on: 03/28/2019

Realty Hub

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,114

Year Built

  • Built in 1974

Lot Details

  • 6,970 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Triplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,176 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, grounds care, sewer, trash collection, water
  • Legal Lot and Block 4 / A
  • Assessor Parcel Number 08-44-25-P1-0010A.0030

Community Details

Overview

  • Fort Myers Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,114
  • Net Operating Income $20,286

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,114

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Subdivision Name: FORT MYERS
  • Architectural Style: Other
  • Structure Type: Triplex
  • Year Built: 1974
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Tile
  • Window Features: Other

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • 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

  • Amenities: See Remarks
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 08-44-25-P1-0010A.0030
  • Zoning Description: RM-12
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 1
  • Property Net Operating Income: 20286.0
  • Annual Operating Expense: 3114.0

Tax Info

  • Tax Annual Amount: 3114.0
  • Tax Block: A
  • Tax Lot: 4
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Apr 23, 2019
Sold by
Raisa Yanygina and Raisa Boris Yanygin
Bought by
Kostyuk Svetlana
Seller's Agent
Olga Baranova
Realty Hub
Buyer's Agent
Olga Baranova
Realty Hub
List Price
$175,000
Sold Price
$156,000
Premium/Discount to List
-$19,000
-10.86%
Current Estimated Value
$348,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,901
Avg. Annual Appreciation
16.29%
Original Mortgage
$94,300
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2018
Sold by
Raisa Yanygina and Raisa Boris Yanygin
Bought by
Raisa Yanygina and Raisa Andrei Yangygin

Purchase Details

Closed on
Oct 24, 2017
Sold by
Jerusaleu Investments Llc
Bought by
Andrei Yanigyna Raisa and Andrei Ianigyn

Purchase Details

Closed on
May 5, 2014
Sold by
Vm Florida Investments Llc
Bought by
Jerusalen Investments Llc

Purchase Details

Closed on
Jan 3, 2014
Sold by
Deutsche Bank Trust Company Americas
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Dec 27, 2013
Sold by
Deutsche Bank National Trust Company Ame
Bought by
Vm Florida Investments Llc

Purchase Details

Closed on
Oct 4, 2013
Sold by
Cohen Robert S and Cohen Robert
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Mar 18, 2004
Sold by
Mcfadden Raymond and Mcfadden Mary E
Bought by
Mcfadden Raymond

Purchase Details

Closed on
Nov 8, 2002
Sold by
Mangin John A
Bought by
Cohen Robert and Cohen Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,415
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 1999
Sold by
Garber Thelma E
Bought by
Mangin John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
7.65%
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
Kostyuk Svetlana $156,000 Southeastern Title Co Llc
Raisa Yanygina -- Americas Title Corp
Andrei Yanigyna Raisa $110,000 Americas Title Corp
Jerusalen Investments Llc -- None Available
Deutsche Bank Trust Company Americas -- Premium Title Agency Inc
Vm Florida Investments Llc $62,999 Premium Title Services Inc
Deutsche Bank Trust Company Americas $24,000 None Available
Mcfadden Raymond -- --
Cohen Robert $89,900 --
Mangin John A $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kostyuk Svetlana $94,300
Previous Owner Cohen Robert S $108,500
Previous Owner Cohen Robert $76,415
Previous Owner Mangin John A $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $156,000 -10.9% $72 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $175,000 -- $80 / 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 $4,186 $163,161 -- --
2023 $4,186 $148,328 $0 $0
2022 $4,212 $134,844 $0 $0
2021 $3,854 $141,250 $5,650 $135,600
2020 $3,278 $111,441 $5,650 $105,791
2019 $3,082 $100,941 $5,275 $95,666
2018 $3,114 $100,140 $5,275 $94,865
2017 $2,905 $96,096 $4,800 $91,296
2016 $2,811 $96,594 $4,800 $91,794
2015 $2,572 $70,208 $4,350 $65,858
2014 -- $53,012 $4,350 $48,662
2013 -- $40,508 $4,000 $36,508
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2019

    Olga Baranova

    Realty Hub

    (239) 233-6581

    6 Total Sales

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219024405

Florida Gulf Coast Multiple Listing Service

APN: 08-44-25-P1-0010A.0030

Florida Lee County Fort Myers 33916 Morningside

720 Polk St Unit 724, Fort Myers, FL

This home is located at 720 Polk St Unit 724, Fort Myers, FL 33916 since 28 March 2019 and is currently estimated at $311,023, approximately $142 per square foot. This property was built in 1974. 720 Polk St Unit 724 is a home located in Lee County with nearby schools including Edgewood Academy, Tice Elementary School, and Orange River Elementary School.

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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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