NOT LISTED FOR SALE

7990 Summerlin Lakes Dr Fort Myers, FL 33907

Estimated Value: $1,442,110

1.53 Acres
$942,556 Price per Acre
66,647 Sq Ft Lot

Last Sold October 29, 2024

Last sale price $1,250,000

Est. 15% increase in value since last sale

Current estimated payment $8,142/month

1,237 Days on Market

About This Lot

As of October 2024

Ready-platted parcel w/ in-place utilities. Zoned very Flexible CC • Up to 20,400± SF Medical/Office. Up to 30,600± SF Bank or Class A office & Up to 8,000± SF Restaurant. • Convenient access to I-75 and Southwest Florida International Airport • Excellent “Type A” surrounding financial, real estate and professional uses, neighboring retail and residential uses and activities. • Strap: 23-45-24-07-00000.0060; Plat: PB 64 PG 70 • Walking distance to Barbara B. Mann, Florida Southwestern State College and Suncoast Credit Union Arena. The arena seats approx. 3,500 fans for sporting events, concerts, speaking engagements, graduations, and much more.

Last Agent to Sell the Property

Michael Frye

RE/MAX Realty Group License #258000168 Listed on: 05/11/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,858

Lot Details

  • 1.53 Acre Lot
  • Lot Dimensions are 220 x 296 x 220 x 282
  • West Facing Home
  • Rectangular Lot
  • Property is zoned Flexible CC

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Reflection Lakes Commercial Center Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,858

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 1.53
  • Lot Size: 220 x 296 x 220 x 282
  • Subdivision Name: REFLECTION LAKES COMMERCIAL CENTER
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Pets No Pets Comments: ,,,
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: West

Utilities

  • Sewer: None
  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Commercial
  • Zoning Description: Flexible CC
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4858.09
  • Tax Block: NA
  • Tax Lot: NA
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Oct 29, 2024
Sold by
Summerlin Lakes Commons Llc
Bought by
Aplex Llc
Seller's Agent
Michael Frye
RE/MAX Realty Group
List Price
$1,262,900
Sold Price
$1,250,000
Premium/Discount to List
-$12,900
-1.02%
Views
18
Current Estimated Value
$1,442,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,110
Original Mortgage
$2,029,200
Outstanding Balance
$2,004,356
Interest Rate
5%

Purchase Details

Closed on
Apr 12, 2005
Sold by
Cypress Lake Corp
Bought by
Summerlin Lakes Commons Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 24, 2004
Sold by
Cypress Lake Corp
Bought by
Speath Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,250
Interest Rate
5.57%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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
Aplex Llc $1,250,000 Title Group
Summerlin Lakes Commons Llc $850,000 --
Speath Development Llc $522,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aplex Llc $2,029,200
Closed Aplex Llc $2,536,600
Previous Owner Summerlin Lakes Commons Llc $500,000
Previous Owner Speath Development Llc $392,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Sold $1,250,000 -1.0% --
09/30/2024 09/30/24 Pending -- -- --
05/11/2021 05/11/21 For Sale $1,262,900 -- --
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
2025 $7,119 $999,182 $999,182 --
2024 $10,524 $443,304 -- --
2023 $10,524 $403,004 $0 $0
2022 $5,953 $366,367 $0 $0
2021 $4,729 $333,061 $333,061 $0
2020 $4,858 $333,061 $333,061 $0
2019 $4,804 $333,061 $333,061 $0
2018 $4,645 $333,061 $333,061 $0
2017 $4,100 $266,449 $266,449 $0
2016 $4,178 $266,449 $266,449 $0
2015 $4,290 $266,449 $266,449 $0
2014 -- $266,449 $266,449 $0
2013 -- $266,449 $266,449 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Frye

    Seller's Agent in 2024

    Michael Frye

    RE/MAX

    (239) 689-2242

    22 Total Sales

    Michael Frye
    Section Image

  • N

    Buyer Co-Listing Agent in 2024

    Non-listing FGC MLS Non-Listing agent

    FGC Non-MLS Office

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221035215

Florida Gulf Coast Multiple Listing Service

APN: 23-45-24-07-00000.0060

Florida Lee County Fort Myers 33907

7990 Summerlin Lakes Dr, Fort Myers, FL

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