NOT LISTED FOR SALE

970 Palm Ave Unit 225 Boca Grande, FL 33921

Gasparilla Island Neighborhood

Estimated Value: $1,262,000 - $2,604,000

3 Beds
2 Baths
1,971 Sq Ft
$1,327/mo HOA Fee

Last Sold February 09, 2023

Last sale price $2,250,000 $1,142 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $13,054/month

49 Days on Market

Highlights

  • Airport or Runway
  • 300 Feet of Waterfront
  • Assigned Boat Slip
  • North Fort Myers High School Rated A
  • Public Boat Ramp
  • Golf Course Community

About This Home

As of February 2023

AS-IS Spectacular Bayou Waterfront opportunity to own this southeast-facing end unit in the heart of the historic downtown village. With an expanded living area, three bedrooms, two bathrooms, two lanais, impact glass, and a deepwater boat slip providing bridgeless access to The Gulf Intracoastal Waterway. The Gated and pet-friendly community offers a heated swimming pool & spa, clubhouse, saunas, tennis/pickleball, under-building parking, private storage, and parking for both car and golf cart w/elevator.

Last Agent to Sell the Property

Ralph DiLena

BOCA GRANDE REAL ESTATE, INC. License #490240 Listed on: 11/18/2022

Co-Listed By

Don Lutz

BOCA GRANDE REAL ESTATE, INC. License #3023747

Last Buyer's Agent

Ralph DiLena

BOCA GRANDE REAL ESTATE, INC. License #490240 Listed on: 11/18/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,786

Year Built

  • Built in 1982

Lot Details

  • 300 Feet of Waterfront
  • Property fronts a bayou
  • Property fronts a private road
  • End Unit
  • West Facing Home
  • Masonry wall
  • Chain Link Fence
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $1,327 Monthly HOA Fees

Property Views

  • Full Bay or Harbor
  • Bayou
  • Golf Course
  • Tennis Court

Home Design

  • Spanish Architecture
  • Elevated Home
  • Slab Foundation
  • Tile Roof
  • Membrane Roofing
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,971 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Great Room
  • Bonus Room
  • Inside Utility
  • Laundry in unit
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Solid Surface Countertops

Flooring

  • Brick
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Garage
  • 1 Carport Space
  • Ground Level Parking
  • Side Facing Garage
  • Driveway
  • Guest Parking
  • Golf Cart Parking
  • Assigned Parking

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access To Bayou
  • No Fixed Bridges
  • Property is near a marina
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Assigned Boat Slip
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Schools

  • The Island Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Central Heating and Cooling System
  • Compressor
  • Thermostat
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • Property is near a golf course

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, sewer, trash, water
  • Ralph Dilena Jr. Pa Association, Phone Number (941) 380-0878
  • Mid-Rise Condominium
  • Silver King Condos
  • Silver King Condo Ph 02 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions
  • Community features wheelchair access

Amenities

  • Restaurant
  • Sauna
  • Airport or Runway
  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Public Boat Ramp
  • Boat Ramp
  • Boat Dock
  • Community Boat Slip
  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets up to 125 lbs
  • 2 Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,786

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,327 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1971
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 2036
  • Lot Size Sq Ft: 10907
  • Directions to Property: From the village of Boca Grande travel on east Railroad Avenue toward 10th Street, turn east on 10th, turn right on Palm Avenue and arrive at main gate of Silver King Condominium 970/950 Palm Avenue.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6127783?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6127783?w=Customer
  • Floor Number: 2
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit, Elevated, End Unit, Mid Rise
  • Ratio: Close Price\List Price: 0.9018
  • Price per Sq Ft: 1141.55
  • Close to Original List Price Ratio: 0.9018
  • Ratio: Current Price\Building Area Total: 1105.11
  • View: Yes
  • Co List Office Mls Id: 256021927
  • Co List Office Phone: 941-964-0338
  • Ownership: Condominium
  • ResoBuildingAreaSource: Estimated
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Brick/Stone, Other, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen, Elevator, Master Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s), Wet Bar
  • Appliances Included: None
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Compressor, Irrigation Equipment
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Street Number Modifier: 970
  • Room Count: 7
  • Additional Rooms: Bonus Room, Great Room, Inside Utility
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage, Tennis Court(s), Workshop
  • Pool Features: Gunite, Heated
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Sauna, Sidewalk, Storage, Tennis Court(s)
  • Roof: Built-Up, Membrane, Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Golf Course, Tennis Court, Water
  • Water Body Name: Boca Grande Bayou
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Bay/Harbor - Partial, Bayou
  • Water Access: Bay/Harbor, Bayou, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Assigned Boat Slip, Bridges - No Fixed Bridges, Dock - Composite, Dock w/Electric, Dock w/Water Supply, Sailboat Water, Seawall - Concrete, Seawall - Other
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12071C0019F
  • Waterfront Frontage: 300
  • Water Frontage Feet Bayou: 300

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Driveway, Garage Faces Side, Golf Cart Parking, Ground Level, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant, Sewer Connected, Sprinkler Well, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Airport/Runway, Association Recreation - Owned, Clubhouse, Community Boat Ramp, Deed Restrictions, Fishing, Fitness, Gated Community, Golf Carts OK, Golf, Public Boat Ramp, Restaurant, Tennis Courts, Water Access, Waterfront, Wheelchair Access
  • Association Amenities: Boat Slip, Cable TV, Clubhouse, Boat Dock, Elevator(s), Gated, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Spa/Hot Tub, Storage, Tennis Court(s), Wheelchair Access
  • Association Fee Frequency: Quarterly
  • Association Name: Ralph DiLena Jr. PA
  • Phone: 941-380-0878
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 3980
  • Condo Fees Term: Quarterly
  • Association Email: ralph@bgre.net
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1327
  • Complex Community Name NCCB: SILVER KING
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 15920
  • Total Monthly Fees: 1326.67

Schools

  • Elementary School: The Island School
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: RMF15
  • Parcel Number: 14-43-20-06-00002.00E0
  • Additional Parcels: No
  • Fencing: Chain Link, Masonry
  • Lot Features: Near Golf Course, Near Marina, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2008-08-28
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 125
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenants and guests may not bring pets on-site.

Tax Info

  • Tax Annual Amount: 5786
  • Tax Block: 2
  • Tax Book Number: 1521
  • Tax Lot: E

Multi Family

  • Waterfront Features: Bayou

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Sk225bg Llc
Bought by
Sylvester Pierce Walmsley V Revocable Trust and Veronika P Walmsley Revocable Trust
Current Estimated Value
$2,120,502

Purchase Details

Listed on
Nov 18, 2022
Closed on
Feb 9, 2023
Sold by
Sandra C Burroughs Revocable Trust
Bought by
Sk225bg Llc
Seller's Agent
Ralph DiLena
BOCA GRANDE REAL ESTATE, INC.
Buyer's Agent
Ralph DiLena
BOCA GRANDE REAL ESTATE, INC.
List Price
$2,495,000
Sold Price
$2,250,000
Premium/Discount to List
-$245,000
-9.82%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.86%

Purchase Details

Closed on
Jan 17, 2019
Sold by
Turner Eugene H
Bought by
Turner Barbara Jane

Purchase Details

Closed on
Jan 15, 2018
Sold by
Dewitt Donald B
Bought by
Burroughs Burroughs Sandra C Sandra C and Sandra C Burroughs

Purchase Details

Closed on
Jul 17, 2015
Sold by
White Gene and White Sarah E
Bought by
Bougoin Jean Paul and Jean Poul & Jane M Bourgoin Revocable Tr

Purchase Details

Closed on
Oct 19, 1995
Sold by
Frayne Thomas J and Frayne Mary R
Bought by
White Gene and White Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.58%
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
Sylvester Pierce Walmsley V Revocable Trust $100 None Listed On Document
Sk225bg Llc $2,250,000 --
Turner Barbara Jane -- Attorney
Burroughs Burroughs Sandra C Sandra C -- Attorney
Burroughs Sandra C $899,900 Attorney
Bougoin Jean Paul $815,000 Attorney
White Gene $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Gene $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $2,250,000 -9.8% $1,142 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
11/18/2022 11/18/22 For Sale $2,495,000 -- $1,266 / Sq Ft
Source: Stellar MLS

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 $3,152 $1,644,625 -- $1,614,625
2023 $3,152 $265,563 $0 $265,563
2022 $5,803 $467,395 $0 $0
2021 $5,786 $1,035,180 $0 $1,035,180
2020 $5,855 $447,517 $0 $0
2019 $5,769 $437,456 $0 $0
2018 $11,845 $882,598 $0 $882,598
2017 $10,532 $719,483 $0 $719,483
2016 $3,686 $666,276 $0 $666,276
2015 $8,871 $580,500 $0 $580,500
2014 -- $612,100 $0 $612,100
2013 -- $615,800 $0 $615,800
Source: Public Records

Agents Affiliated with this Home

  • Ralph DiLena

    Seller's Agent in 2023

    Ralph DiLena

    BOCA GRANDE REAL ESTATE, INC.

    (941) 380-0878

    36 in this area

    49 Total Sales

    Ralph DiLena
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    Don Lutz

    BOCA GRANDE REAL ESTATE, INC.

    (941) 456-9614

    36 in this area

    53 Total Sales

    Don Lutz
    Section Image
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Map

Source: Stellar MLS

MLS Number: D6127783

Stellar MLS

APN: 14-43-20-06-00002.00E0

Florida Lee County Boca Grande 33921 Gasparilla Island

970 Palm Ave Unit 225, Boca Grande, FL

This home is located at 970 Palm Ave Unit 225, Boca Grande, FL 33921 since 18 November 2022 and is currently estimated at $2,120,502, approximately $1,075 per square foot. This property was built in 1982. 970 Palm Ave Unit 225 is a home located in Lee County with nearby schools including Diplomat Middle School, Trafalgar Middle School, and Caloosa 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.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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