220 Palm Lake Dr Sanibel, FL 33957
Estimated payment $6,923/month
Total Views
5,144
3
Beds
3
Baths
1,774
Sq Ft
$625
Price per Sq Ft
Highlights
- Community Beach Access
- Lake View
- No HOA
- Sanibel Elementary School Rated A-
- Furnished
- Screened Porch
About This Home
Charming Beach Cottage with Attached Bungalow – Steps from the Sand
Welcome to your island oasis! This inviting property features a two-bedroom plus den, two-bathroom main house designed with elevated ceilings, a cozy wood-burning fireplace, and a spacious layout that blends comfort with coastal charm.
An enclosed lanai seamlessly connects the main house to a private bungalow, which offers an additional one-room suite with its own bathroom—perfect for guests, an office, or a retreat space.
The outdoor kitchen area, while in need of renovation, offers endless potential for customization, allowing you to create the perfect space for entertaining after a day at the beach. Nestled just a short stroll from the shoreline, this property combines convenience, privacy, and the opportunity to make it uniquely your own. It’s the perfect place to enjoy timeless charm and modern island living!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,217
Year Built
- Built in 1987
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 100 x 150 x 102 x 151
- Cul-De-Sac
- West Facing Home
- Oversized Lot
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,774 Sq Ft Home
- 1-Story Property
- Furnished
- Ceiling Fan
- Fireplace
- Jalousie or louvered window
- French Doors
- Open Floorplan
- Den
- Screened Porch
- Lake Views
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Electric Cooktop
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Screened Patio
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 9 / A
- Assessor Parcel Number 34-46-22-T2-0080A.0090
Community Details
Overview
- No Home Owners Association
- Palm Lake Subdivision
Recreation
- Community Beach Access
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 | $12,992 | $535,129 | $484,829 | $49,182 |
| 2023 | $12,992 | $916,413 | $549,397 | $361,853 |
| 2022 | $10,217 | $626,923 | $0 | $0 |
| 2021 | $8,465 | $569,930 | $354,330 | $215,600 |
| 2020 | $7,382 | $523,247 | $354,330 | $168,917 |
| 2019 | $7,607 | $536,189 | $354,330 | $181,859 |
| 2018 | $7,690 | $531,608 | $0 | $0 |
| 2017 | $7,689 | $520,674 | $0 | $0 |
| 2016 | $7,653 | $509,965 | $279,000 | $230,965 |
| 2015 | $8,593 | $522,601 | $279,000 | $243,601 |
| 2014 | -- | $491,687 | $180,000 | $311,687 |
| 2013 | -- | $399,678 | $195,600 | $204,078 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $1,109,000 | 0.0% | $625 / Sq Ft |
| 07/09/2025 07/09/25 | Off Market | $1,109,000 | -- | -- |
| 04/10/2025 04/10/25 | Price Changed | $1,109,000 | -4.4% | $625 / Sq Ft |
| 02/21/2025 02/21/25 | Price Changed | $1,159,999 | -3.3% | $654 / Sq Ft |
| 01/21/2025 01/21/25 | For Sale | $1,199,999 | +130.8% | $676 / Sq Ft |
| 05/30/2015 05/30/15 | Sold | $520,000 | -13.3% | $293 / Sq Ft |
| 05/26/2015 05/26/15 | Pending | -- | -- | -- |
| 09/27/2014 09/27/14 | For Sale | $599,999 | -- | $338 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Barrier Island Title Service | |
| Warranty Deed | $520,000 | Barrier Island Title Service | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $330,000 | Barrier Island Title Service | |
| Warranty Deed | $110,000 | None Available | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $416,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $335,000 | Unknown |
Source: Public Records
Similar Homes in Sanibel, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225008036
APN: 34-46-22-T2-0080A.0090
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