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851 Cape Coral Parkway East

851 Cape Coral Parkway East, Cape Coral, FL 33904
Property in Caloosahatchee
Local assessors in Cape Coral, FL have categorized 851 Cape Coral Parkway East as a commercial type of property. The home was built in 1966 and is 58 years old. It was most recently renovated and altered in 1977. The property's lot size has been calculated to be 7,629 square feet. The linear feet between the front and back of the lot was measured at 1,530 ft and the front of the lot was measured at 500 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 851 Cape Coral Parkway East has a total of 1,525 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 851 Cape Coral Parkway East is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gambrel style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of wood. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 851 Cape Coral Parkway East was last sold in Dec 13, 2021 for $6,500,000. According to our calculations, that's $4,262.30 per sqft. Prior to that sales transaction, the property was sold for $2,000,000 in Jan 31, 2006. Current property owners are expected to pay $2,793 in taxes per year. The property on 851 Cape Coral Parkway East was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $134,447. To break that down further, the land itself was valued at $64,065. While improvements to the property were assessed at a total of $70,382. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Wood
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,629
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,525
  • Gross Building Area: 1,525
  • Building Area: 1,525
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Forced air unit
  • Heated Square Feet: 1,525
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: CAPE DOWNTOWN CRA
  • Land Acres: 0.175
  • Standard Land Use Code: Store (multi-story)
  • County Land Use Code: Pipeline or right-of-way
  • State Land Use Code: Pipeline or right-of-way
  • Legal Description 1: PARL LOC IN NW 1/4 OF NW 1/4 AS DESC IN INST#2010000127467 FNA CAPE CORAL UNIT 6 PART 1 BLK.62A PB 11 PG 46 LOTS 4 + 5 + POR OF VAC ALLEY

Ownership

  • Current Owner : THE CAPE FC LLC
  • Previous Owner : DOWNTOWN VILLAGE SQUARE LLC
  • Owner Before Previous Owner: LYNNELL II LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 010602

Zoning

  • Zoning: SC

Geography

  • Assessors Map Reference: 16-18
  • Account Number: 10554762
  • Subdivision Tract Number: C1
  • Parcel: 18-45-24-C1-00010.0000
  • Block: 62A
  • Lot: 4,5
  • Meridian: SEC 18 TWN 45S RNG 24E
  • Municipality: CITY OF CAPE CORAL/REDEVELOPME
  • Latitude: 26.563
  • Longitude: -81.9554

    Address

  • Full Address: 851 Cape Coral Pkwy E
  • Legal Unit: 6
  • Address - House Number: 851
  • Street Segment Direction: E
  • Address - Street Name: Cape Coral
  • Address - Suffix Type: Pkwy
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: C072
  • 4-Digit Zip Code: 8687
  • Zip Code: 33904

Valuation

    Tax

  • Total Area: 1,525
  • Tax Year: 2021
  • Tax Amount: $2,793
  • Tax Rate Code Area: 056

    Market Valuation

  • Market Total Value: $134,447
  • Market Land Value: $64,065
  • Market Improvement Value: $70,382

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $134,447
  • Assessed Land Value: $64,065
  • Assessed Improvements Value: $70,382

    Sales

  • Current Sale Contract Date: Dec 13, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Transaction ID: 11876787859
  • Current Sale Price: $6,500,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021000409873
  • Previous Sale Recording Date: Mar 09, 2006
  • Previous Sale Contract Date: Jan 31, 2006
  • Previous Sale Amount: $2,000,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Dec 14, 2021
  • First Mortgage Loan Amount: $3,250,000
  • First Mortgage Terms: 8
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 10, 2022

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Frequently Asked Questions

What neighborhood is 851 Cape Coral Parkway East located in?
The 851 Cape Coral Parkway East is a located in the neighborhood of Caloosahatchee in Caloosahatchee, Cape Coral.
What is the average sales price for listings in 851 Cape Coral Parkway East?
The average sales price for units in 851 Cape Coral Parkway East is $0 currently.

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