Check Availability
$640,555
↓ $10K (1.5%)
House - For Sale

12139 Matlacha Boulevard

MATLACHA ISLES, FL 33991
bedrooms
3 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
1053 Sqft
$3,698
Estimated Monthly
3.22%
Cap Rate

About This Property

This meticulously upgraded home has undergone a remarkable transformation since its purchase, with over $140,000 invested in enhancements. From essential updates like new electrical and plumbing systems to aesthetic upgrades including a new roof, fences, gravel driveway, lanai aluminum, drywall, windows, and impact doors, every detail has been thoughtfully attended to. Step inside to discover upgraded floors, bathrooms, and fresh paint throughout, elevating both style and functionality.  Ideal for short-term rental investment, this property is primed and ready to generate substantial income. Currently, the master studio commands $1,495 monthly, while the main house generates an impressive $4000, showcasing its lucrative potential. With its extensive list of improvements and proven rental income, this home offers not only modern comfort but also a promising investment opportunity for savvy buyers. Don't miss your chance to make this turnkey property your own!

The manager has listed the unit size as 1053 square feet.
Unit Size
1,053Ft²
Days on Market
51 days
Land Size
0.19 acres
Price per sqft
$608
Property Type
House
Property Taxes
$552
HOA Dues
-
Year Built
1983

Listed By

Mark Hetrick
Mark Hetrick
List In MLS Realty, LLC
Last updated: 12 days ago (FMSWFL #224039366)

Price History

Date / Event Date Event Price
Jun 1, 2024 Price Decreased $640,555
↓ $10K (1.5%)
Price Decreased
May 12, 2024 Price Decreased $650,555
↓ $15K (2.3%)
Price Decreased
May 1, 2024 Listed by List In MLS Realty, LLC $665,555
Listed by List In MLS Realty, LLC
Oct 6, 2021 No longer available -
No longer available
Aug 23, 2021 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Interior Details

Interior Information

Deck
Security System
Exterior Details

Pool Information

Pool

Exterior Information

Block
Brick
Concrete Block
Stucco

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 351
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,102
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,126
  • Gross Building Area: 2,126
  • Building Area: 1,053
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,053
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAPE CORAL MATLACHA ISLES
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MATLACHA ISLES UNIT 1 BLK 1 PB 16 PG 133 LOT 7 + THE N 1/2 OF LOT 6

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 010109

Zoning

  • Zoning: R1-W

Geography

  • Assessors Map Reference: 11-18
  • Account Number: 10071986
  • Subdivision Tract Number: 03
  • Parcel: 18-44-23-03-00001.0070
  • Block: 1
  • Lot: 7,6
  • Meridian: SEC 18 TWN 44S RNG 23E
  • Municipality: MATLACHA-PINE ISLAND FIRE DIST
  • Latitude: 26.6393
  • Longitude: -82.049

    Address

  • Full Address: 12139 Matlacha Blvd
  • Legal Unit: 1
  • Address - House Number: 12139
  • Address - Street Name: Matlacha
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Matlacha Isles
  • Carrier Code: R161
  • 4-Digit Zip Code: 1681
  • Zip Code: 33991

Valuation

    Tax

  • Total Area: 1,480
  • Tax Year: 2023
  • Tax Amount: $6,622
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1881
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 551,207
  • High Value: 654,930
  • Low Value: 447,484

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,600
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 13, 2021
  • First Open Lien Mortgage Loan Amount: $337,600
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Market Valuation

  • Market Total Value: $465,381
  • Market Land Value: $465,371
  • Market Improvement Value: $10

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $465,381
  • Assessed Land Value: $465,371
  • Assessed Improvements Value: $10

    Exemptions

  • Homeowner Exemption: Yes

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,370 ft²
$420/ft²
$575,000 Feb 29, 2024
$575,000 Apr 17, 2024
$198/mo
House
3 Beds
2 Baths
1,651 ft²
$363/ft²
$599,900 Dec 1, 2023
$599,900 Mar 13, 2024
$561/mo
House
3 Beds
2 Baths
2,131 ft²
$324/ft²
$690,000 Mar 17, 2023
$690,000 Apr 21, 2023
$248/mo
House
3 Beds
2 Baths
2,242 ft²
$321/ft²
$720,000 Jul 19, 2023
$720,000 Mar 28, 2024
$483/mo
House
3 Beds
2 Baths
2,292 ft²
$303/ft²
$695,000 Jun 24, 2022
$695,000 May 5, 2023
$613/mo
House
4 Beds
3 Baths
1,962 ft²
$316/ft²
$620,000 Sep 27, 2023
$620,000 Feb 28, 2024
$276/mo
House
3 Beds
2 Baths
1,280 ft²
$504/ft²
$645,000 Dec 1, 2023
-
$435/mo
House
3 Beds
2 Baths
1,793 ft²
$317/ft²
$569,000 Feb 6, 2024
-
$429/mo
House
2 Beds
2 Baths
1,309 ft²
$535/ft²
$699,900 Apr 18, 2024
-
$558/mo
House
2 Beds
2 Baths
1,312 ft²
$419/ft²
$550,000 May 24, 2023
-
$339/mo
House
3 Beds
2 Baths
1,857 ft²
$374/ft²
$694,400 Feb 8, 2024
-
$124/mo
House
2 Beds
2 Baths
1,320 ft²
$598/ft²
$789,000 Dec 18, 2023
-
$188/mo

About Burnt Store


Similar Homes for Sale

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Frequently Asked Questions

When was property at 12139 Matlacha Boulevard built and last sold?
The property at 12139 Matlacha Boulevard was built in 1983 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 12139 Matlacha Boulevard is $638,810.
What are some comparable homes to 12139 Matlacha Boulevard?
Homes that are comparable to 12139 Matlacha Boulevard include a house property at 12235 Moon Shell Drive, 3806 Southwest 1st Lane, 12251 Matlacha Boulevard.

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