NOT LISTED FOR SALE

8300 Estero Blvd Unit 401 Fort Myers Beach, FL 33931

Estimated Value: $349,034 - $719,000

2 Beds
1.5 Baths
732 Sq Ft
$507/mo HOA Fee

Last Sold April 07, 2020

Last sale price $405,000 $553 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,374/month

36 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Concrete Pool
  • Fort Myers Beach Elementary School Rated A-
  • Penthouse
  • Gulf View

About This Home

As of April 2020

Enjoy your Penthouse condo with expansive views of the Gulf of Mexico and a wide white sandy beach. This top floor corner unit has 2 bedrooms with 1.5 baths with under-building parking space, quality upgrades including kitchen, baths, and well-appointed furnishings. Castle Beach is pet friendly and located on the south tip of Fort Myers Beach with Lovers Key State Park just over the bridge. Walking distance to shopping and restaurants. The Trolley stops nearby and runs frequently from Times Square to Lover's Key State Park. This unit has VRBO Five Star reviews and is generally fully rented for January, February, March and most of April. Make this condo your vacation home with income!

Last Agent to Sell the Property

Charles Smith

Loffreno Real Estate, Inc. License #430013088 Listed on: 01/31/2020

Loffreno Real Estate, Inc.

Co-Listed By

Christian Loffreno

Loffreno Real Estate, Inc. License #258500085

Last Buyer's Agent

Patricia Moore

DomainRealty.com LLC License #249521451

DomainRealty.com LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,025

Year Built

  • Built in 1977

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

  • $507 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Penthouse
  • Entry on the 4th floor
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 732 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Sliding Windows
  • Open Floorplan
  • Gulf Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 401 / 3300
  • Assessor Parcel Number 03-47-24-W3-03300.4010

Community Details

Overview

  • Association fees include management, cable TV, internet, irrigation water, ground maintenance, sewer, trash, water
  • 24 Units
  • Association Phone (239) 947-4552
  • Mid-Rise Condominium
  • Castle Beach Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities
  • Elevator

Recreation

  • Community Beach Access
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,025

Year Built

Built in 1977

Lot Details

0

HOA Fees

$507 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.2055
  • Co List Office Mls Id: ZLOF
  • Co List Office Phone: (239) 463-2999
  • Ownership: Condo
  • Subdivision Name: CASTLE BEACH CONDO
  • Architectural Style: Other, Penthouse, Mid Rise
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: Yes
  • Year Built: 1977
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Family/Dining Room, Living/Dining Room, None, Cable TV, High Speed Internet
  • Living Area: 732.0
  • Stories: 4
  • Window Features: Sliding, Impact Glass
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Community
  • Pool Private: Yes
  • View: Gulf
  • View: Yes
  • Waterfront Features: Beach Front, Gulf
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Security/High Impact Doors
  • Patio And Porch Features: Balcony, Open, Porch
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Covered, Underground, Garage, One Space

Utilities

  • Laundry Features: Common Area, Inside
  • Security: Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Utilities: Underground Utilities
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Elevator
  • Amenities: Beach Rights, Beach Access, Laundry, Barbecue, Picnic Area, Pool
  • Association #2 Fee: 1521.0
  • Association #2 Fee Frequency: Quarterly
  • Phone: 239-947-4552
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Internet, Irrigation Water, Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 03-47-24-W3-03300.4010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 24

Tax Info

  • Tax Annual Amount: 5025.0
  • Tax Block: 3300
  • Tax Lot: 401
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Apr 6, 2020
Sold by
Jones Andrew R and Alschuler Cathryn D
Bought by
Nicoletta Michael Anthony and Nicoletta Melissa A
Seller's Agent
Charles Smith
Loffreno Real Estate, Inc.
Buyer's Agent
Patricia Moore
DomainRealty.com LLC
List Price
$419,000
Sold Price
$405,000
Premium/Discount to List
-$14,000
-3.34%
Current Estimated Value
$521,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,009
Avg. Annual Appreciation
4.63%
Original Mortgage
$364,500
Outstanding Balance
$322,903
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$198,106

Purchase Details

Closed on
Feb 16, 2016
Sold by
Rakestraw Sandra S
Bought by
Jones Andrew R and Alscher Livin F L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 21, 1994
Sold by
Rakestraw Russell E and Rakestraw Christina Lee
Bought by
Rakestraw Sandra S
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
Nicoletta Michael Anthony $405,000 Sunset Capital Ttl Svcs Llc
Jones Andrew R $390,000 Accent Title Ins Agency Inc
Rakestraw Sandra S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicoletta Michael Anthony $364,500
Previous Owner Jones Andrew R $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2020 04/07/20 Sold $405,000 -3.3% $553 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $419,000 -- $572 / 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 $1,616 $119,265 -- $119,265
2024 $2,719 $119,265 -- $119,265
2023 $2,719 $195,684 $0 $195,684
2022 $5,843 $389,661 $0 $0
2021 $5,117 $354,237 $0 $354,237
2020 $5,180 $349,648 $0 $349,648
2019 $5,025 $336,728 $0 $336,728
2018 $4,973 $337,535 $0 $337,535
2017 $5,032 $334,305 $0 $334,305
2016 $4,618 $317,906 $0 $317,906
2015 $4,288 $288,700 $0 $288,700
2014 $3,977 $266,700 $0 $266,700
2013 -- $243,500 $0 $243,500
Source: Public Records

Agents Affiliated with this Home

  • Charles Smith

    Seller's Agent in 2020

    Charles Smith

    Loffreno Real Estate, Inc.

    (502) 523-3534

    22 in this area

    33 Total Sales

    Charles Smith
    Section Image
  • Christian Loffreno

    Seller Co-Listing Agent in 2020

    Christian Loffreno

    Loffreno Real Estate, Inc.

    (239) 994-7653

    62 in this area

    92 Total Sales

    Christian Loffreno
    Section Image

  • P

    Buyer's Agent in 2020

    Patricia Moore

    DomainRealty.com LLC

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220009156

Florida Gulf Coast Multiple Listing Service

APN: 03-47-24-W3-03300.4010

Florida Lee County Fort Myers Beach 33931

8300 Estero Blvd Unit 401, Fort Myers Beach, FL

This home is located at 8300 Estero Blvd Unit 401, Fort Myers Beach, FL 33931 since 31 January 2020 and is currently estimated at $521,009, approximately $711 per square foot. This property was built in 1977. 8300 Estero Blvd Unit 401 is a home located in Lee County with nearby schools including Fort Myers Beach Elementary School, Bonita Springs Middle Center for the Arts, and Cypress Lake Middle 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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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