by RH Advisors

Check Availability
$1,550,000
Land - For Sale

550 Coral Dr

Cape Coral, FL 33904
bedrooms
Studio
bathrooms
0 Bath
$8,292
Estimated Monthly
$0
HOA / Fees
0.48%
Cap Rate

About This Property

This property offers unparalleled advantages. Enjoy exceptional southern exposure and breathtaking riverfront views, a rarity in itself. With 80 feet of riverfront access and direct gulf access, it's primed for your dream home. Positioned in Cape Coral's highly coveted community, it boasts proximity to the yacht club beach, boat ramp, and boathouse restaurant. Plus, it's just minutes from downtown Cape Coral, offering an array of shopping, dining, and entertainment options. Don't miss your chance to build anew in this prime location.
Unit Size
-
Days on Market
86 days
Land Size
0.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$681
HOA Dues
-
Year Built
1963

Listed By

Stacie Chavin
Stacie Chavin Real Estate LLC
Last updated: 3 months ago (Miami MLS #A11530582)

Price History

Date / Event Date Event Price
Feb 11, 2024 Listed by Stacie Chavin Real Estate LLC $1,550,000
Listed by Stacie Chavin Real Estate LLC
This property offers unparalleled advantages. Enjoy exceptional southern exposure and breathtaking riverfront views, a rarity in itself. With 80 feet of riverfront access and direct gulf access, it's primed for your dream home. Positioned in Cape Coral's highly coveted community, it boasts proximity to the yacht club beach, boat ramp, and boathouse restaurant. Plus, it's just minutes from downtown Cape Coral, offering an array of shopping, dining, and entertainment options. Don't miss your…
Jan 6, 2023 No longer available -
No longer available
Dec 14, 2022 In contract -
In contract
Oct 22, 2022 Listed by Marzucco Signature Homes $1,290,000
Listed by Marzucco Signature Homes
LOCATION, LOCATION, LOCATION! IT DOESN'T GET MUCH BETTER THAN THIS. FANTASTIC SOUTHERN EXPOSURE RARE RIVER FRONT PROPERTY WITH INCREDIBLE VIEWS! 80 FOOT OF CALOOSAHATCHEE RIVER FRONT, DIRECT GULF ACCESS, READY FOR YOUR DREAM HOME!!! This property is located right at the riverfront with FULL SOUTHERN exposure with a MASSIVE OPEN WATER VIEW! Located in a HIGHLY SOUGHT AFTER community in Cape Coral. Just a few minutes away from the Yacht club beach, Yacht club boat ramp and Boathouse…
Apr 12, 2012 Sold to Libby Berngard, Samuel Bern... $575,000
Sold to Libby Berngard, Samuel Bern...

Property Highlights

Garage
Exterior Details

Property Information

Waterfront Features: Canal Width 121 Feet Or More, Seawall

Building Information

Building Name: YACHT CLUB
Other Structures: None
Building Area Units: Square Feet

Lot Information

Lot Features: Dirt, Build To Suit, Cleared
Lot Size Units: Square Feet
Lot Size Acres: 0.33
Lot Size Square Feet: 14410
Lot Size Dimensions: 80x170

Land Information

Water Source: Municipal Water
Financial Details
Tax Legal Description: CAPE CORAL UNIT 4 PT 2 BLK 141 PB 12 PG 15 LOTS 40 + 41 + port between lot + canal as desc in OR 965 PG 495 EX B
Tax Annual Amount: $8,167
Tax Year: 2021
Parcel Number: 24 45 23 C2 00141 0400
Property is Zoned: 00-Vacant Residentia

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 570
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,418
  • Lot Size Frontage Feet: 800
  • Total Building Area: 5,014
  • Gross Building Area: 5,014
  • Building Area: 2,416
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,416
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: CAPE CORAL
  • Land Acres: 0.331
  • Legal Description 1: CAPE CORAL UNIT 4 PT 2 BLK 141 PB 12 PG 15 LOTS 40 + 41 + PORT BETWEEN LOT + CANAL AS DESC IN OR 965 PG 495 EX B

Ownership

  • Current Owner : BERNGARD SAMUEL
  • Current Owner 2: BERNGARD LIBBY
  • Previous Owner : GULF COAST SHORES INVESTMENT CO LLC
  • Owner Before Previous Owner: BLAIS JOHN F
  • Owner Before Previous Owner 2: BLAIS ROCHELLE
  • Is Owner Occupied: unknown
  • Vacant Flag: unknown
  • Vacant Flag Date: Feb 08, 2024

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 010803

Zoning

  • Zoning: R1-W

Geography

  • Assessors Map Reference: 12-24
  • Account Number: 10111473
  • Subdivision Tract Number: C2
  • Parcel: 24-45-23-C2-00141.0400
  • Block: 141
  • Lot: 40,41
  • Meridian: SEC 24 TWN 45S RNG 23E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.5462
  • Longitude: -81.9633

    Address

  • Full Address: 550 Coral Dr
  • Legal Unit: 4
  • Address - House Number: 550
  • Address - Street Name: Coral
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: C061
  • 4-Digit Zip Code: 5906
  • Zip Code: 33904

Valuation

    Tax

  • Total Area: 2,962
  • Tax Year: 2023
  • Tax Amount: $8,142
  • Tax Rate Code Area: 057

    Appraisal Valuation

  • Standard Deviation: 0.0816
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 93
  • Final Value: 1,270,273
  • High Value: 1,373,963
  • Low Value: 1,166,583

    Market Valuation

  • Market Total Value: $932,610
  • Market Land Value: $932,600
  • Market Improvement Value: $10

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $503,673

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 10, 2012
  • Current Sale Recording Date: Apr 12, 2012
  • Current Sale Transaction ID: 1143990239
  • Current Sale Price: $575,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2012000081765
  • Previous Sale Recording Date: Jun 11, 2008
  • Previous Sale Contract Date: Apr 30, 2008
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
3,308 ft²
$490/ft²
$1,620,000 May 17, 2023
$1,620,000 Aug 16, 2023
$603/mo
House
3 Beds
3 Baths
3,027 ft²
$372/ft²
$1,125,000 Sep 8, 2023
$1,125,000 Jan 30, 2024
$791/mo
Land
Loft
-
-
$1,450,000 Sep 5, 2023
-
$777/mo
Land
Loft
-
-
$1,750,000 Apr 18, 2023
-
$1,106/mo
Land
Loft
-
-
$1,250,000 May 22, 2023
-
$1,523/mo
House
3 Beds
3 Baths
2,328 ft²
$683/ft²
$1,590,000 Feb 1, 2024
-
$1,701/mo
House
3 Beds
3 Baths
2,361 ft²
$634/ft²
$1,497,000 Jan 7, 2024
-
$1,353/mo
House
3 Beds
2 Baths
2,147 ft²
$629/ft²
$1,350,000 Apr 18, 2023
-
$915/mo
House
3 Beds
3 Baths
1,962 ft²
$660/ft²
$1,295,000 Jan 29, 2024
-
$328/mo
House
3 Beds
2 Baths
2,398 ft²
$532/ft²
$1,275,000 Feb 5, 2024
-
$1,192/mo
House
3 Beds
2 Baths
1,950 ft²
$641/ft²
$1,250,000 Apr 28, 2023
-
$561/mo
House
3 Beds
3 Baths
2,614 ft²
$478/ft²
$1,250,000 Jan 25, 2024
-
$410/mo

About Caloosahatchee


Similar Homes for Sale

Unit for sale at 5374 Colonade Court, CAPE CORAL, FL 33904

$1,250,000

  • 3 Beds
  • 3 Baths
  • 2,614 ft²
5374 Colonade Court, CAPE CORAL, FL 33904 Listing by Mark Metten
Unit for sale at 5385 Coral Avenue, CAPE CORAL, FL 33904

$1,250,000

  • 3 Beds
  • 2 Baths
  • 1,950 ft²
5385 Coral Avenue, CAPE CORAL, FL 33904 Listing by Thomas Finau
Unit for sale at 5508 Coronado Parkway, CAPE CORAL, FL 33904

$1,275,000

  • 3 Beds
  • 2 Baths
  • 2,398 ft²
5508 Coronado Parkway, CAPE CORAL, FL 33904 Listing by Greg Bartell

Nearby Rentals

Unit for rent at 4919 York Street, CAPE CORAL, FL, 33904

$1,450 /mo

  • 1 Bed
  • 1 Bath
  • 683 ft²
4919 York Street #2, CAPE CORAL, FL, 33904 Listing by Adam Bartomeo
Unit for rent at 4906 Victoria Drive, CAPE CORAL, FL, 33904

$1,275 /mo

  • 1 Bed
  • 1 Bath
  • 743 ft²
4906 Victoria Drive #309, CAPE CORAL, FL, 33904 Listing by Dianna Scarano
Unit for rent at 3921 Del Prado Boulevard S, CAPE CORAL, FL, 33904

$1,325 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
3921 Del Prado Boulevard S #B, CAPE CORAL, FL, 33904 Listing by Vicki Hubbell


Frequently Asked Questions

When was property at 550 Coral Drive built and last sold?
The property at 550 Coral Drive was built in 1963 and last sold on Apr 10, 2012 for $575,000.
How much is this home worth?
The estimated value of the home located at 550 Coral Drive is $1,565,500.
What are some comparable homes to 550 Coral Drive?
Homes that are comparable to 550 Coral Drive include a land property at 304 Bayshore Drive, 238 Bayshore Drive, 937 Dolphin Drive.

Quantcast