$979,000
$121K PRICE DROP

1155 Seagrape Ln Sanibel, FL 33957

Estimated payment $6,192/month

Total Views 18,791
4 Beds
2 Baths
1,628 Sq Ft
$601 Price per Sq Ft

Highlights

  • Garden View
  • No HOA
  • Porch
  • Sanibel Elementary School Rated A-
  • Jalousie or louvered window
  • Cooling System Mounted In Outer Wall Opening

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.

Listing Agent

Eric Pfeifer

Pfeifer Realty Group LLC License #3014853 Listed on: 08/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,287

Year Built

  • Built in 1953

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 156 x 123
  • Street terminates at a dead end
  • West Facing Home

Parking

  • No Garage

Home Design

  • Fiberglass Roof
  • Wood Trim
  • Vinyl Trim

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Combination Dining and Living Room
  • Garden Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • No Heating

Community Details

  • No Home Owners Association
  • Buttonwood Seagrape Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21-46-23-T1-00018.0010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,287

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Subdivision Name: Buttonwood Seagrape
  • Class: Residential
  • Property Type: Multi Family
  • Design: Single Level, Other Add Agt Note, See Remarks
  • Legal Description: FR CTR OF SANIBEL ISLAND LIGHTHOUSE RUN W 1000 FT TH S 542 FT TH W 375 FT
  • Strap Number: 21-46-23-T1-00018.0010
  • Subject To F I R P T A: No
  • Year Built: 1953
  • Folio Id: 10126554
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Elevator: No
  • Price Per S Q F T: 601.35
  • Total Sq Ft: 1916
  • Appliances: Other Add Agt Note, See Remarks
  • Estimated Living Sq Ft: 1628
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 4
  • Ceiling: Other Add Agt Note, See Remarks
  • Den: No
  • Fireplace: No
  • Flooring: Other Add Agt Note, See Remarks
  • Furnished: No
  • Furnishing: Unfurnished
  • Windows: Jalousie

Exterior Features

  • Waterfront: Other Add Agt Note, See Remarks
  • Waterfront: No
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Trim Wood, Vinyl
  • Pool: No
  • View: Lawn/Garden
  • Roads: Dead End, Gravel
  • Construction Stat: Ground Level
  • Rear Exposure: West
  • Roof: Fiberglass Shingle

Garage/Parking

  • Parking: No Garage/Carport

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Wall Unit Cooling
  • Heating: No Heating, Other Add Agt Note, See Remarks

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.44
  • Geo Update Timestamp: 2024-08-19
  • Geo Address Line: 1155 Seagrape Ln
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 156
  • Lot Frontage: 123
  • Lot Size Irregular: No
  • Lot Sq Ft: 19284
  • Lot Sq Ft Source: CRS Tax
  • Survey: No

Rental Info

  • Rental: No
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 9287
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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: Sanibel & Captiva Islands Association of REALTORS®

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

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Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2240590

Sanibel & Captiva Islands Association of REALTORS®

APN: 21-46-23-T1-00018.0010