NOT LISTED FOR SALE

8160 SW Bimini Way Arcadia, FL 34269

Estimated Value: $371,000 - $586,000

0.19 Acre
$2,648,426 Price per Acre
8,276 Sq Ft Lot

Last Sold April 23, 2021

Last sale price $115,000

Est. 311% increase in value since last sale

Current estimated payment $3,399/month

87 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Community Pool
  • Golf Course Community
  • Clubhouse
  • Tennis Courts

About This Lot

As of April 2021

Beautiful oversized lot in Thornton Creek Motorcoach Resort in Southwest Florida awaits new owners! With the ability to build a large casita, park your Class-A coach on your lot, enjoy SWFL sunsets over 1 of 5 community lakes, and a plan already designed as a possibility for this property, this is an excellent opportunity for you! Enjoy a large activities center with pool, fitness, laundry, games, and entertaining space, a pickleball court, private storage lot on site, and a fully gated secure community, nearby a local boat ramp and great public golf course, this location has it all! Schedule your tour today!

Last Agent to Sell the Property

Carla Nix

Nix & Associates RE LLC License #BEAR-3290559 Listed on: 01/05/2021

Nix & Associates RE LLC

Last Buyer's Agent

Carla Nix

Nix & Associates RE LLC License #BEAR-3290559 Listed on: 01/05/2021

Nix & Associates RE LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,351

Lot Details

  • 8,276 Sq Ft Lot
  • Lake Front
  • South Facing Home
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Cleared Lot
  • Property is zoned RSF-3

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Deeded Parking

Property Views

  • Lake Views

Listing and Financial Details

  • Assessor Parcel Number 35-39-23-0070-0000-0630

Community Details

Overview

  • Peace River Highlands Condos
  • Mandatory home owners association

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$1,351

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Legal Description: THORNTON CREEK MOTORCOACH RESORT LOT 63 INST:201414003565
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Gulf Access Yn: No
  • Waterfront Description: Lake
  • Road: County Maintained, Paved Road, Private Road
  • View: Lake

Utilities

  • Utilities Available: Electric, Sewer
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Restrictions: Deeded
  • Sub Condo Name: PEACE RIVER HIGHLANDS
  • HOA Description: Mandatory
  • Maintenance: Lawn/Land Maintenance, Rec Facilities, Reserve
  • Master Hoa Fee: 1800.00
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Development: DeSoto County
  • Golf Type: Golf Public
  • Amenities: Clubhouse, Common Laundry, Community Pool, Fitness Center Attended, Golf Course, Pickleball, Tennis Court
  • Community Type: Gated, Golf Course, Tennis

Lot Info

  • Lot Back: 35
  • Lot Frontage: 125
  • Lot Left: 108
  • Lot Right: 108
  • Lot Unit: 63
  • Price Per Acre: 605263.16
  • Section: 35
  • Zoning Code: RSF-3
  • Acres: 0.1900
  • Waterfront: Yes
  • Ground Cover: Grass
  • Land Improvements: Build To Suit, Cleared, Filled
  • Land Use Code: 00-Vacant Residential
  • Lot Description: Irregular Shape
  • Lot Type: Residential Lot
  • Rear Exposure: S
  • Usage: Single Family
  • Parcel Number: 35-39-23-0070-0000-0630

Tax Info

  • Taxes: 1351.00
  • Tax Year: 2020
  • Tax Description: No Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Apr 19, 2021
Sold by
Coviello Joseph and Coviello Raquel
Bought by
Freeman Kenneth and Freeman Barbara
Seller's Agent
Carla Nix
Nix & Associates RE LLC
Buyer's Agent
Carla Nix
Nix & Associates RE LLC
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Total Days on Market
87
Current Estimated Value
$472,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,826
Avg. Annual Appreciation
41.07%

Purchase Details

Closed on
Feb 25, 2019
Sold by
Thornton Creek Llc
Bought by
Coviello Joseph and Coviello Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,990
Interest Rate
4.4%
Mortgage Type
Commercial
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
Freeman Kenneth $115,000 Arcadia Abstract & Ttl Co In
Coviello Joseph $99,990 Arcadiia Abstarct & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coviello Joseph $69,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $115,000 -7.9% --
01/05/2021 01/05/21 For Sale $124,900 -- --
Source: Multiple Listing Service of Bonita Springs-Estero

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 $7,659 $475,671 $139,000 $336,671
2023 $2,120 $139,000 $139,000 $0
2022 $1,890 $115,500 $115,500 $0
2021 $1,474 $84,500 $84,500 $0
2020 $1,393 $79,000 $79,000 $0
2019 $1,351 $76,000 $76,000 $0
2018 $1,357 $76,000 $0 $76,000
2017 $1,222 $18,125 $0 $72,500
2016 $1,170 $67,500 $0 $67,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Carla Nix

    Nix & Associates RE LLC

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 221001163

Multiple Listing Service of Bonita Springs-Estero

APN: 35-39-23-0070-0000-0630

Florida DeSoto County Arcadia 34269

8160 SW Bimini Way, Arcadia, FL

This home is located at 8160 SW Bimini Way, Arcadia, FL 34269 since 05 January 2021 and is currently estimated at $503,201. 8160 SW Bimini Way is a home located in DeSoto County with nearby schools including Nocatee Elementary School, DeSoto Middle School, and DeSoto County High 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.

Multiple Listing Service of Bonita Springs-Estero IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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