NOT LISTED FOR SALE

1159 Golden Olive Ct Sanibel, FL 33957

Estimated Value: $1,624,000 - $2,266,000

0.36 Acre
$5,327,389 Price per Acre
15,551 Sq Ft Lot

Last Sold February 24, 2021

Last sale price $1,500,000 $775 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $11,768/month

326 Days on Market

Highlights

  • Community Beach Access
  • Canal Access
  • Corner Lot
  • Sanibel Elementary School Rated A-
  • Canal View
  • Cul-De-Sac

About This Lot

As of February 2021

Stop!!! Look at this extraordinary offering…
Rare opportunity to purchase an exceptional Shell Harbor parcel, ready to
build, City permits in place, stunning house plans available, new seawall,
cleared lot, end of a cul-de-sac w/over 165’ on deep water and with direct
access to San Carlos Bay! This location is the best available…don’t wait!

Last Agent to Sell the Property

Mary Lou Bailey

VIP Realty Sanibel and Captiva License #280500030 Listed on: 03/04/2020

VIP Realty Sanibel and Captiva

Last Buyer's Agent

Eric Pfeifer

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,464

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 56 x 124 x 181 x 126
  • Cul-De-Sac
  • Street terminates at a dead end
  • Southeast Facing Home
  • Corner Lot
  • Irregular Lot

HOA Fees

  • $6 Monthly HOA Fees

Additional Features

  • Canal Views
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 49 / 100
  • Assessor Parcel Number 20-46-23-T1-00100.0490

Community Details

Overview

  • Shell Harbor Subdivision

Recreation

  • Community Beach Access
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$11,464

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.357
  • Lot Size: 56 x 124 x 181 x 126
  • Road Surface Type: Paved
  • Subdivision Name: SHELL HARBOR
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Corner Lot, Irregular Lot, See Remarks, Cul-De-Sac, Dead End
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: Southeast

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Beach Rights, Beach Access
  • Association #2 Fee: 70.0
  • Association #2 Fee Frequency: Annually

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 20-46-23-T1-00100.0490
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11464.0
  • Tax Block: 100
  • Tax Lot: 49
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Feb 24, 2021
Sold by
Endurance Capital Residential Llc
Bought by
Verblaauw Richard E and Verblaauw Karen L
Seller's Agent
Mary Lou Bailey
VIP Realty Sanibel and Captiva
Buyer's Agent
Eric Pfeifer
List Price
$1,685,000
Sold Price
$1,500,000
Premium/Discount to List
-$185,000
-10.98%
Current Estimated Value
$1,901,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,878
Avg. Annual Appreciation
5.40%

Purchase Details

Listed on
Jun 19, 2019
Closed on
Aug 7, 2019
Sold by
Osborn Joseph E
Bought by
Endurance Capital Residential Llc
Seller's Agent
Jeff Burns
Premier Sotheby's Int'l Realty
Buyer's Agent
Mary Lou Bailey
List Price
$1,590,000
Sold Price
$1,350,000
Premium/Discount to List
-$240,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%

Purchase Details

Listed on
Dec 27, 2018
Closed on
May 30, 2019
Sold by
Clara L Thomas Trust
Bought by
Osborn Joseph E
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Jeff Burns
Premier Sotheby's Int'l Realty
List Price
$1,495,000
Sold Price
$1,140,000
Premium/Discount to List
-$355,000
-23.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.48%

Purchase Details

Closed on
May 13, 2016
Sold by
Thomas Clara L and Mitchell Calra L
Bought by
Thomas Clara L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Verblaauw Richard E $1,500,000 Superior Ttl Svcs Of Sanibel
Endurance Capital Residential Llc $1,350,000 Coastal Ttl Svcs Of Sw Flori
Osborn Joseph E $1,140,000 Barrier Island Title
Thomas Clara L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $1,500,000 -11.0% $775 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
03/04/2020 03/04/20 For Sale $1,685,000 +24.8% $871 / Sq Ft
08/08/2019 08/08/19 Sold $1,350,000 -15.1% $698 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $1,590,000 +39.5% $822 / Sq Ft
05/30/2019 05/30/19 Sold $1,140,000 -23.7% $589 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
12/27/2018 12/27/18 For Sale $1,495,000 -- $773 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

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 $16,786 $1,117,813 -- --
2023 $14,646 $1,016,194 $1,221,072 $0
2022 $13,977 $1,021,428 $1,021,428 $0
2021 $11,975 $839,300 $839,300 $0
2020 $12,132 $839,300 $839,300 $0
2019 $14,401 $966,590 $839,300 $127,290
2018 $8,196 $564,358 $0 $0
2017 $8,196 $552,750 $0 $0
2016 $8,158 $930,879 $791,725 $139,154
2015 $8,308 $887,497 $785,943 $101,554
2014 -- $851,203 $720,396 $130,807
2013 -- $781,304 $575,246 $206,058
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mary Lou Bailey

    VIP Realty Sanibel and Captiva

    Section Image

  • E

    Buyer's Agent in 2021

    Eric Pfeifer

    Section Image
  • Jeff Burns

    Seller's Agent in 2019

    Jeff Burns

    Premier Sotheby's Int'l Realty

    (239) 464-2984

    274 in this area

    388 Total Sales

    Jeff Burns
    Section Image
  • Tiffany Burns

    Seller Co-Listing Agent in 2019

    Tiffany Burns

    Premier Sotheby's Int'l Realty

    (239) 464-2984

    100 in this area

    130 Total Sales

    Tiffany Burns
    Section Image
  • Cathie Lewis

    Seller Co-Listing Agent in 2019

    Cathie Lewis

    Pfeifer Realty Group LLC

    (239) 472-0004

    12 in this area

    28 Total Sales

    Cathie Lewis
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220017739

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T1-00100.0490

Florida Lee County Sanibel 33957

1159 Golden Olive Ct, Sanibel, FL

This home is located at 1159 Golden Olive Ct, Sanibel, FL 33957 since 04 March 2020 and is currently estimated at $1,901,878, approximately $982 per square foot. 1159 Golden Olive Ct is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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