NOT LISTED FOR SALE

Estimated Value: $4,391,000 - $6,122,788

0.5 Acre
$10,981,894 Price per Acre
21,780 Sq Ft Lot

Last Sold October 09, 2020

Last sale price $800,000

Est. 586% increase in value since last sale

Current estimated payment $34,160/month

223 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Home fronts a canal
  • No HOA
  • Tommie Barfield Elementary School Rated A

About This Lot

As of October 2020

Build your dream home in the coveted Estates Section of Marco Island on this aggressively priced homesite. 125' of Direct Access Waterfront will allow you to have all the water toys you want. If you are not ready to build, holding the lot for the future is a great way to land bank. They aren't building any more waterfront property and this is a great opportunity to get a piece of paradise now. Multi-million dollar homes line the street and add to the value of this lot. When it comes to lifestyle, Marco Island offers boating, fishing, golfing, tennis, swimming, shelling, exploring, a multitude of dining experiences, weather, relaxation, volunteerism, and more. Don't put off what you have worked so hard to attain and enjoy life! NEW SEAWALL TO BE INSTALLED WITH FULL PRICE OFFER!

Last Agent to Sell the Property

Gerry Rosenblum

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY License #0671103 Listed on: 08/15/2020

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY

Last Buyer's Agent

Michelle Thomas

Premier Sotheby's International Realty License #688527

Premier Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,752

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 125x175x125x175
  • Home fronts a canal
  • Few Trees

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Canal Views
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 25 / 405
  • Assessor Parcel Number 58108680002

Community Details

Overview

  • No Home Owners Association
  • Marco Island Community
  • Marco Beach Unit 13 Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay

Property Details

Property Type

Land

Est. Annual Taxes

$10,752

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Lot
  • Lot Size Acres: 0.5
  • Lot Size: 125x175x125x175
  • Road Surface Type: Paved
  • Subdivision Name: Marco Beach Unit 13
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Water Direct
  • Location Tax and Legal:Parcel Number: 58108680002
  • Location Tax and Legal:Tax Annual Amount: 10752.0
  • Location Tax and Legal:Tax Year: 2019
  • General Property Information:HOA YN: No
  • Location Tax and Legal:Tax Block: 405
  • Location Tax and Legal:Tax Lot: 25
  • General Property Information:Lot Size Dimensions: 125x175x125x175
  • General Property Information:Acres: 0.5
  • Water Source:Public: Yes
  • General Property Information:Land Lease YN2: No
  • View:Canal2: Yes
  • Road Surface:Paved: Yes
  • Utilities:Cable Available3: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Phone Line: Yes
  • Utilities:Trash Removal: Yes
  • Trees:Part Treed: Yes
  • View:Long Water2: Yes
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Build To Suit

Exterior Features

  • Lot Features: City Lot, See Remarks
  • View: Canal, Long Water
  • Waterfront Features: Canal Front, See Remarks, Access Gulf
  • Waterfront: Yes
  • Lot Features:See Remarks10: Yes
  • Waterfront Features:See Remarks4: Yes
  • Waterfront Features:Access Gulf: Yes
  • Lot Features:City Lot: Yes
  • Waterfront Features:Canal Front: Yes

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 58108680002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10752.0
  • Tax Block: 405
  • Tax Book Number: 4991
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2020
Closed on
Oct 9, 2020
Sold by
951 Inlet Drive Llc
Bought by
Kelley David R and Kelley Lisa Marie
Seller's Agent
Gerry Rosenblum
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY
Buyer's Agent
Michelle Thomas
Premier Sotheby's International Realty
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Current Estimated Value
$5,490,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,690,947
Avg. Annual Appreciation
50.53%

Purchase Details

Closed on
Nov 24, 2013
Sold by
Lexology Llc
Bought by
951 Inlet Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 27, 2013
Sold by
Ebner Doris
Bought by
Lexology Llc

Purchase Details

Listed on
May 18, 2012
Closed on
Jun 3, 2013
Sold by
Barto John and Barto Donna M
Bought by
Ebner Doris
Seller's Agent
Linda Sandlin
RE/MAX Alliance Group
Buyer's Agent
Tony Oliverio
Coldwell Banker Realty
List Price
$799,000
Sold Price
$600,000
Premium/Discount to List
-$199,000
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.15%
Source: Public Records

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Range of Values:

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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
Kelley David R $800,000 Attorney
951 Inlet Drive Llc -- Attorney
Lexology Llc -- Attorney
Ebner Doris $600,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 951 Inlet Drive Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $800,000 -3.0% --
08/24/2020 08/24/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $825,000 +37.5% --
06/05/2013 06/05/13 Sold $600,000 -24.9% --
04/18/2013 04/18/13 Pending -- -- --
05/18/2012 05/18/12 For Sale $799,000 -- --
Source: Marco Island Area Association of REALTORS®

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
2023 $42,847 $3,822,544 $0 $0
2022 $11,710 $773,479 $0 $0
2021 $7,608 $703,163 $703,163 $0
2020 $9,058 $763,750 $763,750 $0
2019 $10,752 $819,000 $819,000 $0
2018 $10,346 $780,000 $780,000 $0
2017 $9,876 $728,000 $728,000 $0
2016 $10,661 $766,838 $0 $0
2015 $10,133 $697,125 $0 $0
2014 $9,208 $633,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2200090

APN: 58108680002