NOT LISTED FOR SALE

823 Lagoon St Fort Myers Beach, FL 33931

Estimated Value: $1,551,000 - $2,168,000

0.3 Acre
$6,368,751 Price per Acre
13,112 Sq Ft Lot

Last Sold July 27, 2023

Last sale price $2,100,000 $1,076 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $11,895/month

138 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Canal Access
  • Fort Myers Beach Elementary School Rated A-
  • Home fronts navigable water
  • Canal View

About This Lot

As of July 2023

Located on the famous North Tip above Times Square and Lynn Hall Beach Park, this blank canvas is in the quietest part of the island. No traffic jams, even during the heavy season! Easy on and off the island. Walk to everything! With over 100’ of waterfront and direct GULF ACCESS, this is a true Boater's DREAM location. Additionally, you will enjoy intersecting canals, a beautiful view down the canal to the bay, and BAY VIEWS from your beautiful new home. Stunning newer homes surround this canal-front property! This location allows for WEEKLY Rentals with $480,000 GROSS INCOME potential! Ideally located just a few minute’s stroll to Times Square, Pier District, Margaritaville, the new Moss Marina Arches redevelopment, Restaurants, and more. Walk ACROSS the Street to the Beach! This is the perfect location for big water boaters and beach lovers to build your NEW Construction home. BUILDER INTRODUCTIONS AVAILABLE. Join us, and we’ll visit a Local builder on the Lot in person or virtually!

Last Agent to Sell the Property

Alex King

Premiere Plus Realty Company License #3251534 Listed on: 03/11/2023

Premiere Plus Realty Company

Co-Listed By

Dennis Wagaman

Realty One Group MVP License #3433847

Last Buyer's Agent

Vito Kostrzewski

Jones & Co Realty License #258005780

Jones & Co Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,647

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 56 x 178 x 103 x 160
  • Home fronts navigable water
  • Home fronts a canal
  • Southeast Facing Home
  • Oversized Lot
  • Irregular Lot
  • Property is zoned RM-2

Property Views

  • Canal Views

Listing and Financial Details

  • Legal Lot and Block 38 / 50A
  • Assessor Parcel Number 24-46-23-W3-0050A.0380

Community Details

Overview

  • Island Shores Subdivision

Recreation

  • Boat Dock
  • Community Beach Access
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$10,647

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.301
  • Lot Size: 56 x 178 x 103 x 160
  • Road Surface Type: Paved
  • Co List Office Mls Id: BCCR
  • Co List Office Phone: (239) 747-7446
  • Subdivision Name: ISLAND SHORES
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Irregular Lot, Oversized Lot
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access, Intersecting Canal, Navigable Water
  • Waterfront: Yes
  • Direction Faces: Southeast

Utilities

  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: Beach Rights, Beach Access

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 24-46-23-W3-0050A.0380
  • Zoning Description: RM-2

Tax Info

  • Tax Annual Amount: 10647.21
  • Tax Block: 50A
  • Tax Lot: 38
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Williams Mary Louise
Bought by
Mary Lou Williams Trust and Williams
Current Estimated Value
$1,916,994

Purchase Details

Listed on
Mar 11, 2023
Closed on
Jul 24, 2023
Sold by
Paine Frederick L and Paine Nancy Kay
Bought by
J & J Sna Properties Llc
Seller's Agent
Alex King
Premiere Plus Realty Company
Buyer's Agent
Vito Kostrzewski
Jones & Co Realty
List Price
$2,599,000
Sold Price
$2,100,000
Premium/Discount to List
-$499,000
-19.2%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.94%

Purchase Details

Closed on
Feb 1, 1999
Sold by
Dykgraaf Daniel J and Dykgraaf Shelli L
Bought by
Paine Frederick L and Paine Nancy Kay

Purchase Details

Closed on
Mar 25, 1997
Sold by
Ray John M and Ray Diane D
Bought by
Dykgrarf Daniel J and Dykgrarf Shelli L

Purchase Details

Closed on
Jun 23, 1993
Sold by
Valkier Johanna K and Valkier Fred
Bought by
Ray John M and Ray Diane D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.52%
Source: Public Records

Range of Values:

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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
Mary Lou Williams Trust $100 None Listed On Document
J & J Sna Properties Llc $2,100,000 None Listed On Document
Paine Frederick L $250,000 --
Dykgrarf Daniel J $195,000 --
Ray John M $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ray John M $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $2,100,000 -19.2% $1,076 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
03/11/2023 03/11/23 For Sale $2,599,000 -- $1,331 / 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
2025 $22,336 $1,542,659 $1,491,692 --
2024 $22,336 $1,666,688 $1,615,356 $10
2023 $8,771 $613,393 $613,383 $10
2022 $12,918 $774,836 $0 $0
2021 $10,647 $750,328 $490,474 $259,854
2020 $9,683 $640,360 $477,000 $163,360
2019 $9,404 $617,737 $381,600 $236,137
2018 $9,156 $608,852 $381,600 $227,252
2017 $9,143 $609,670 $254,400 $355,270
2016 $8,925 $620,291 $272,988 $347,303
2015 $8,203 $549,805 $269,274 $280,531
2014 $7,110 $440,204 $264,397 $175,807
2013 -- $399,106 $228,440 $170,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223017172

Florida Gulf Coast Multiple Listing Service

APN: 24-46-23-W3-0050A.0380