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4937 ROYAL PALM DRIVE

House Recently Sold
$360,000

BTC: 5.82524272

ETH: 206.18556701

Sold on: 2024-08-23
18 days
2 bds
2 ba
1,530 sqft

Overview

MOTIVATED SELLER! Welcome to 4937 Royal Palm Dr, Estero, FL 33928, a beautifully renovated single-family home offering 1,530 sq ft of living space. This charming residence, built in 1978, features 2 bedrooms and 2 bathrooms. The home recently sustained water damage from Hurricane Ian, but the owner has diligently restored much of the property. Updates include new porcelain tile flooring throughout the house, modernized electric systems, drywall, new appliances, and a new water heater. The property boasts a 280-foot deep well with a full Reverse Osmosis (RO) system in a backyard storage building for added convenience. A 5-year-old metal roof provides durability and long-term protection. While the kitchen cabinets have yet to be installed, this open floor plan home provides a perfect canvas for investors or home buyers to complete according to their preferences. Located in the desirable Estero River Heights neighborhood, this property offers comfort and potential, making it an excellent investment opportunity. Current home value estimates reflect the substantial upgrades already completed. Don’t miss the chance to own this updated and versatile home in Estero, FL, ready for your finishing touches.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1978
Lot:
0.24 Acres
Heating:
Central / Electric
Price/sqft:
$261
Cooling:
Central Air
HOA:
$225

Valuation

Our model vs. what's actually selling nearby.
Estimate
$364,500
$250K – $426K
Confidence Low
List vs. estimate
$34K above estimate
List $399,000 · +9.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$260
-23.5% vs. city median $340
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,734
2023
HOA
$225/yr
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Porcelain Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    • Whole House R.O. System

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Split Bedroom

    • Thermostat

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Private Mailbox / Storage

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 294625E402008.0070

    • Zoning: RS-1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Cable Connected

    • Electricity Connected

  • Other financial information

    • HOA: $225

    • HOA Frequency: Annually

    • Annual tax amount: $4,734

  • Source details

    • MLS ID: T3541774

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Concrete Perimeter

    • Laundry Features: In Garage

    • Patio And Porch Features: Covered

    • Direction Faces: Northeast

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1530

    • Water Source: Well

    • Lot Size Dimensions: 86 x 125 x 79 x 124

    • Subdivision Name: ESTERO RIVER HEIGHTS

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER RESIDENTIAL RE