Are you looking at build a four-unit development on a three-lot site, with southwest exposure? This property is incredibly priced. This property is zoned RML which does permit multi-family development. The maximum allowable density for multi-family development in the RML district is 16 units per Acre. This property is +/- 0.34 acres for an allowable unit density of 5 units. Minimum of 120"-0" property width at the building setback, which appears this property is close to having. You will need to have sufficient space for building setbacks, parking & landscaping. The maximum number of allowable units, per the LDC is 5 units.
Closed
$135,000
618 Nicholas Pkwy W, Cape Coral, FL 33991
--beds
--baths
0.34Acres
Unimproved Land
Built in ----
0.34 Acres Lot
$-- Zestimate®
$--/sqft
$1,752 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,752/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Roxann Wothe 651-398-7744,
Sellstate Priority Realty
Bought with:
Roxann Wothe, 506000916
Sellstate Priority Realty
Source: Florida Gulf Coast MLS,MLS#: 223069060
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Property
Features
- Waterfront features: None
Lot
- Size: 0.34 Acres
- Dimensions: 120 x 125 x 120 x 125
- Features: Multiple lots
Details
- Parcel number: 144423C401928.0250
- Lease amount: $0
- Zoning description: R-3
Utilities & green energy
- Sewer: Assessment Paid
- Water: Assessment Paid
- Utilities for property: None
Community & HOA
Community
- Features: Non-Gated
- Condo and coop fee: $0
- Membership fee: $0
- Subdivision: CAPE CORAL
HOA
- Amenities included: None
- Services included: None
Location
- Region: Cape Coral
Financial & listing details
- Tax assessed value: $86,080
- Annual tax amount: $3,389
- Date on market: 9/21/2023
- Cumulative days on market: 27 days
- Listing terms: All Financing Considered,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2023 | Sold | $135,000-10% |
Source:  Florida Gulf Coast MLS #223069060 Report a problem | ||
| 10/2/2023 | Pending sale | $150,000 |
Source:  Florida Gulf Coast MLS #223069060 Report a problem | ||
| 9/21/2023 | Listed for sale | $150,000-11.7% |
Source: Florida Gulf Coast MLS #223069060 Report a problem | ||
| 11/26/2022 | Listing removed | -- |
Source: Florida Gulf Coast MLS #222072999 Report a problem | ||
| 10/21/2022 | Listed for sale | $169,900-5.6% |
Source: Florida Gulf Coast MLS #222072999 Report a problem | ||
| 10/9/2022 | Listing removed | -- |
Source: Florida Gulf Coast MLS #222072999 Report a problem | ||
| 9/26/2022 | Listed for sale | $179,900+118.1% |
Source: Florida Gulf Coast MLS #222072999 Report a problem | ||
| 9/2/2021 | Sold | $82,500+175% |
Source: Public Record Report a problem | ||
| 1/26/2017 | Sold | $30,000+100% |
Source: Public Record Report a problem | ||
| 1/6/2005 | Sold | $15,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,088 -15% | $86,080 -22.8% |
| 2024 | $2,455 -7.6% | $111,470 -14.3% |
| 2023 | $2,658 -21.6% | $129,997 +30% |
| 2022 | $3,390 +39.3% | $100,000 +239.7% |
| 2021 | $2,433 +18.9% | $29,439 +10% |
| 2020 | $2,046 +1.4% | $26,763 -52.2% |
| 2019 | $2,018 | $56,000 +19.1% |
| 2018 | $2,018 +3.9% | $47,000 +133.7% |
| 2017 | $1,942 +11.9% | $20,107 +25.7% |
| 2016 | $1,735 +10.6% | $16,000 +29% |
| 2015 | $1,570 +3.9% | $12,400 +19.9% |
| 2014 | $1,510 +4.6% | $10,340 +120% |
| 2013 | $1,443 +5% | $4,700 -25.7% |
| 2012 | $1,374 -7.4% | $6,325 -57.8% |
| 2011 | $1,484 +0.9% | $15,000 +30.4% |
| 2010 | $1,471 +2.9% | $11,500 +28.2% |
| 2009 | $1,429 -9.6% | $8,970 -55.4% |
| 2008 | $1,580 -31.3% | $20,130 -66.5% |
| 2007 | $2,299 -38.4% | $60,000 -39.7% |
| 2006 | $3,731 +599.5% | $99,480 +346.3% |
| 2004 | $533 +51.6% | $22,290 +64.5% |
| 2003 | $352 +81.2% | $13,550 +109.4% |
| 2002 | $194 | $6,470 -9.4% |
| 2000 | -- | $7,140 |
Find assessor info on the county website
Neighborhood: 33991
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Nearby schools
GreatSchools rating
- 4/10Patriot Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 8/10Challenger Middle SchoolGrades: 6-8Distance: 1.2 mi
- 5/10Cape Coral High SchoolGrades: 9-12Distance: 2.1 mi
- Florida
- Lee County
- Cape Coral
- 33991
- 618 Nicholas Pkwy W
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