NOT LISTED FOR SALE

722 Veronica S Shoemaker Blvd Fort Myers, FL 33916

Morningside Neighborhood

Estimated Value: $303,000 - $424,000

5 Beds
2 Baths
-- Sq Ft
0.32 Acres

Last Sold November 17, 2021

Last sale price $175,000

Est. 101% increase in value since last sale

Current estimated payment $2,169/month

84 Days on Market

About This Home

As of November 2021

HUGE INVESTOR OPPORTUNITY! Duplex features 2 bedrooms and 1 bath on one unit and 3 bedrooms and 1 bathroom on the second unit. Both units currently have month to month tenants.

Last Agent to Sell the Property

Carlos Diaz

Icon Premier Group, LLC License #NAPLES-249522477 Listed on: 06/25/2021

Co-Listed By

Mary Diaz

Icon Premier Group, LLC License #NAPLES-249525512

Last Buyer's Agent

Carlos Diaz

Icon Premier Group, LLC License #NAPLES-249522477 Listed on: 06/25/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 1956

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions: 100
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Elevated Home
  • Shingle Roof
  • Stucco

Interior Spaces

  • Single Hung Windows

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone, internet access, long distance telephone, sewer, water
  • Assessor Parcel Number 07-44-25-P3-00600.0050
  • Tax Block 600
  • $6 Seller Concession

Community Details

Overview

  • 2 Units
  • Johnsons Dr M F Add Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,000
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,586

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Legal Description: COXS J B 2ND SUBD PB 5 PG 60 LOTS 5 + 6
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.662441$-81.840925$291.78$13.33$1.00$R5etdt-fjTqyVPa_pYSOPA
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Flooring: Carpet, Laminate, Vinyl
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Elevated
  • Road: City Maintained, County Maintained, Paved Road, Public Road
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Window Unit
  • Heat: Window Unit
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Johnsons Dr M F Add
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: JOHNSONS DR M F ADD

Lot Info

  • Lot Back: 100
  • Lot Frontage: 100
  • Lot Left: 140
  • Lot Right: 140
  • Lot Unit: 5
  • Section: 7
  • Waterfront: No
  • Zoning Code: RM-12
  • Acres: 0.3213
  • Lot Description: Oversize, Regular
  • Lot Dimensions: 100 X 140
  • Parcel Number: 07-44-25-P3-00600.0050

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone, Internet Access, Long Distance Telephone, Sewer, Water

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 1586.00

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 21000.00
  • Annual Expenses: 3000.00
  • Annual Net Operating Income: 18000.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Nov 17, 2021
Sold by
Miguel Marta
Bought by
Jph Properties Llc
Seller's Agent
Carlos Diaz
Icon Premier Group, LLC
Buyer's Agent
Carlos Diaz
Icon Premier Group, LLC
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$352,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,333
Avg. Annual Appreciation
20.88%
Original Mortgage
$140,000
Outstanding Balance
$130,046
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$228,287

Purchase Details

Closed on
May 7, 2010
Sold by
The Bank Of New York Mellon
Bought by
Miguel Marta

Purchase Details

Closed on
Mar 9, 2010
Sold by
Virves Carlos R
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jul 1, 2009
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp
Source: Public Records

Range of Values:

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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
Jph Properties Llc $175,000 South Florida Trust & Title
Miguel Marta $4,900 Sunbelt Title Agency
The Bank Of New York Mellon -- None Available
Federal Home Loan Mortgage Corp -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jph Properties Llc $140,000
Previous Owner Virves Carlos R $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $175,000 -2.7% --
09/17/2021 09/17/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $179,900 0.0% --
07/12/2021 07/12/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $179,900 -- --
Source: Naples Area Board of REALTORS®

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 $3,034 $129,569 -- --
2023 $3,034 $117,790 $21,926 $95,864
2022 $3,519 $142,882 $7,693 $135,189
2021 $2,001 $101,912 $7,693 $94,219
2020 $1,586 $71,865 $7,693 $64,172
2019 $1,512 $67,024 $7,289 $59,735
2018 $1,502 $67,021 $7,289 $59,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221047400

Naples Area Board of REALTORS®

APN: 07-44-25-P3-00600.0050