NOT LISTED FOR SALE

73 Cabana Ave North Fort Myers, FL 33903

Estimated Value: $159,000 - $207,000

2 Beds
2 Baths
-- Sq Ft
4,138 Sq Ft Lot

Last Sold October 01, 2021

Last sale price $115,000

Est. 55% increase in value since last sale

Current estimated payment $1,037/month

84 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted In Outer Wall Opening
  • Ceiling Fan
  • North Fort Myers High School Rated A
  • Tile Flooring
  • Wall Furnace

About This Home

As of October 2021

INVESTORS,INVESTORS,INVESTORS!!! GREAT LOCATION on this duplex (1/1 each side) is well situated with access to the river and to public transportation making it great rental property. Each side of the duplex has its own water and electric meter. It is also very near the proposed Town Center in North Fort Myers. The right side is rented in a month to month basis and the left side is rented for on a yearly contract.

Last Agent to Sell the Property

Alfonso Reyes

Starlink Realty, Inc License #258023961 Listed on: 06/08/2021

Starlink Realty, Inc

Last Buyer's Agent

Carla Lord-Powalski

EXP Realty LLC License #248023771

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,647

Year Built

  • Built in 1961

Lot Details

  • 4,138 Sq Ft Lot
  • Lot Dimensions are 60 x 69 x 60 x 69
  • Corner Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace
  • Window Unit Heating System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • Legal Lot and Block 7 / G
  • Assessor Parcel Number 11-44-24-01-0000G.0070

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Cabana City Subdivision
  • Net Operating Income $15,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,647

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.095
  • Lot Size: 60 x 69 x 60 x 69
  • Road Surface Type: Paved
  • Subdivision Name: CABANA CITY
  • Directions: US OLD 41 north to Cabana and make a left. Dupex is on left side
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1961
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Window Features: Double Hung

Exterior Features

  • Lot Features: Corner Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-44-24-01-0000G.0070
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Number Of Units Total: 1
  • Property Net Operating Income: 15300.0

Tax Info

  • Tax Annual Amount: 1647.0
  • Tax Block: G
  • Tax Lot: 7
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Sep 30, 2021
Sold by
Nefy Gonzalez Marco
Bought by
Larrabee Michael Lee
Seller's Agent
Alfonso Reyes
Starlink Realty, Inc
Buyer's Agent
Carla Lord-Powalski
EXP Realty LLC
List Price
$134,900
Sold Price
$115,000
Premium/Discount to List
-$19,900
-14.75%
Current Estimated Value
$178,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,333
Avg. Annual Appreciation
10.49%
Original Mortgage
$86,250
Outstanding Balance
$79,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$89,833

Purchase Details

Closed on
Jul 19, 2018
Sold by
Steinsnyder Steven M
Bought by
Gonzalez Marco Nefy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2014
Sold by
Chaplin Harry and Chaplin Fay
Bought by
Steinsnyder Steven M

Purchase Details

Closed on
Aug 16, 2001
Sold by
Overly Jeri Lynn
Bought by
Chaplin Harry T
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
Larrabee Michael Lee $115,000 Landsel Title
Gonzalez Marco Nefy $89,000 Experienced Title & Escrow
Steinsnyder Steven M $112,000 Security Title & Abstract Ll
Steinsnyder Steven M $112,000 Security Title & Abstract Ll
Chaplin Harry T -- --
Chaplin Harry T $43,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larrabee Michael Lee $86,250
Previous Owner Gonzalez Marco Nefy $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $115,000 -14.8% --
09/01/2021 09/01/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $134,900 0.0% --
10/16/2017 10/16/17 Rented -- -- --
09/16/2017 09/16/17 Under Contract -- -- --
08/16/2017 08/16/17 For Rent -- -- --
01/07/2016 01/07/16 Rented -- -- --
12/08/2015 12/08/15 Under Contract -- -- --
10/21/2015 10/21/15 For Rent -- -- --
10/13/2014 10/13/14 For Rent -- -- --
10/13/2014 10/13/14 Rented -- -- --
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 $796 $129,558 -- --
2023 $796 $10,744 $10,734 $10
2022 $2,212 $107,071 $6,300 $100,771
2021 $1,739 $79,631 $6,300 $73,331
2020 $1,647 $72,673 $5,400 $67,273
2019 $1,544 $67,026 $2,700 $64,326
2018 $1,205 $58,140 $2,700 $55,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221042452

Florida Gulf Coast Multiple Listing Service

APN: 11-44-24-01-0000G.0070