1155 Seagrape Ln Sanibel, FL 33957
Estimated payment $6,098/month
Total Views
19,078
4
Beds
2
Baths
3,256
Sq Ft
$301
Price per Sq Ft
Highlights
- Community Beach Access
- Jalousie or louvered window
- Patio
- Sanibel Elementary School Rated A-
- Cooling System Mounted In Outer Wall Opening
- Ceiling Fan
About This Home
This East End duplex, just steps from the beach down a charming gravel road that ends at the Gulf of Mexico, offers an exceptional opportunity for a visionary buyer. Nestled near shops, the historic lighthouse, and the popular fishing pier, this property was impacted by Hurricane Ian and is ready for a fresh start. Whether you choose to remodel and restore its original charm or build a new elevated single-family home, the possibilities are endless. With the potential to regain the previous $100,000 in annual rental income, you can maximize your investment by living in one unit while renting the other or leasing both for steady income. The location and flexibility of this property make it a rare find. Don’t miss out on transforming this duplex into a stunning coastal retreat in one of the island’s most sought-after neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,287
Year Built
- Built in 1953
Lot Details
- 0.41 Acre Lot
- Lot Dimensions are 123 x 156 x 123 x 156
- Property fronts a private road
- Street terminates at a dead end
- Rectangular Lot
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,256 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Jalousie or louvered window
- Sliding Windows
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Patio
Utilities
- Cooling System Mounted In Outer Wall Opening
- No Heating
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1 / 18
- Assessor Parcel Number 21-46-23-T1-00018.0010
Community Details
Overview
- 2 Units
Recreation
- Community Beach Access
Pet Policy
- Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,406 | $549,072 | -- | -- |
| 2023 | $8,406 | $499,156 | $0 | $0 |
| 2022 | $8,000 | $453,778 | $0 | $0 |
| 2021 | $7,566 | $412,525 | $341,250 | $71,275 |
| 2020 | $7,344 | $394,059 | $341,250 | $52,809 |
| 2019 | $7,501 | $404,553 | $341,250 | $63,303 |
| 2018 | $7,529 | $398,903 | $341,250 | $57,653 |
| 2017 | $7,623 | $397,290 | $262,500 | $134,790 |
| 2016 | $7,387 | $375,820 | $262,500 | $113,320 |
| 2015 | $7,480 | $372,704 | $262,500 | $110,204 |
| 2014 | -- | $342,293 | $262,500 | $79,793 |
| 2013 | -- | $375,111 | $304,000 | $71,111 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Price Changed | $979,000 | -11.0% | $301 / Sq Ft |
| 10/03/2024 10/03/24 | For Sale | $1,100,000 | -- | $338 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $264,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | Commercial |
Source: Public Records
Similar Homes in Sanibel, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 224080702
APN: 21-46-23-T1-00018.0010
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