$1,325,000
SOLD MAR 31, 2026

2563 Coconut Dr Unit 5 Sanibel, FL 33957

0.33 Acres
$4,015,152 Price per Acre
14,566 Sq Ft Lot

Sale Details

Date Sold: March 31, 2026

$91 Per Sq Ft

2% Below List Price

214 Days on Market

Highlights

  • Boat Ramp
  • Home fronts a seawall
  • No HOA
  • Sanibel Elementary School Rated A-
  • Bay View
  • Cul-De-Sac

About This Lot

As of March 2026

Incredible opportunity to own a prime 1/3-acre bayfront lot on Sanibel’s sought-after west end. With 100 feet of frontage along Sunset Bay, this homesite offers sweeping, unobstructed views of the tranquil waters and untouched preserve beyond. Watch dolphins, manatees, and native birdlife from your backyard in one of the island’s most peaceful and private settings. Located just a short walk, about a quarter mile, to the stunning shoreline of Blind Pass Beach, this property delivers the best of both worlds: sunsets over the bay from your own backyard and nightly Gulf sunsets just down the road. Enjoy direct boating access to Pine Island Sound, Roosevelt Channel, and the open Gulf, making it ideal for boaters, kayakers, and wildlife lovers alike. Beautifully designed, fully permitted building plans are already in place, offering a head start on creating your dream home without the delays of the design and approval process. Whether you envision a serene island retreat or an architectural masterpiece, this lot provides the canvas for something truly special. Come experience the natural beauty, privacy, and lifestyle that make Sanibel’s west end so extraordinary.

Last Agent to Sell the Property

Michael McMurray

Royal Shell Real Estate, Inc. License #587669 Listed on: 08/07/2025

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Mary Bondurant

Kingfisher Real Estate Inc. License #3186806

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,602

Lot Details

  • 14,566 Sq Ft Lot
  • 100 Ft Wide Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Cul-De-Sac

Property Views

  • Bay Views

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 11-46-21-T1-00700.0020

Community Details

Overview

  • No Home Owners Association
  • Del Sega Subdivision

Recreation

  • Boat Ramp
  • Gulf Boat Access

Property Details

Property Type

Land

Est. Annual Taxes

$15,602

Lot Details

0.33 Acres

Listing Details

  • Subdivision Name: Del Sega
  • Class: Vacant Land
  • Property Type: Vacant Land
  • Legal Description: PARL IN GOVT LOT 5 DESC IN OR 0259 PG 0254 AKA LTS 2 + 3 DEL SEGA UNREC
  • Strap Number: 11-46-21-T1-00700.0020
  • Subject To F I R P T A: No
  • Folio Id: 10005292
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 4015151.52

Exterior Features

  • Waterfront: Bayfront, Canal Salt, Direct Access, Navigable, Seawall, See Remarks
  • Coastal Construction: Not Applicable
  • View: Bay
  • Ground Cover: See Remarks
  • Roads: Cul-de-Sac, See Remarks

Utilities

  • Sewer: City
  • Water: City
  • Utilities Available: Electric, See Remarks

Condo/Co-op/Association

  • HOA: No
  • Master Association Disp: $0/

Association/Amenities

  • Community Amenities: Comm Boat Ramp, Gulf Access, See Remarks

Lot Info

  • Acres: 0.33
  • Geo Update Timestamp: 2025-08-07
  • Geo Address Line: 2563 Coconut Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Frontage: 100
  • Lot Number: 5
  • Lot Size: 14,566
  • Lot Size Irregular: No
  • Lot Sq Ft: 14566
  • Zoning: Residential
  • Deed Restrictions: On Record
  • Elevation: 3+ Ft
  • Lot Features: Cul-de-Sac, See Remarks
  • Lot Size Feature: 100ft or + Front
  • Survey Year Disp: Y-
  • Usage: Single Family

Tax Info

  • Tax Amount: 15602
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 31, 2023
Sold by
Scott Richard Tobey and Scott Amy H
Bought by
Pascotto Robert D and Pascotto Laura E
Seller's Agent
Jennifer McSorley
Pfeifer Realty Group LLC
Buyer's Agent
Sue Plein
Kingfisher Real Estate Inc.
List Price
$1,185,000
Sold Price
$1,250,000
Premium/Discount to List
$65,000
5.49%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%

Purchase Details

Closed on
May 18, 2021
Sold by
Kom Donald M and Donald M Kom And Ingrid Kom Re
Bought by
Scott Richard Tobey and Woodhouse Amy H

Purchase Details

Closed on
May 25, 2016
Sold by
Korn Ingrid G
Bought by
Korn Donald M and Korn Revocabl G R

Purchase Details

Closed on
Dec 18, 2002
Sold by
Korn Donald M and Korn Ingrid G
Bought by
Korn Ingrid G

Purchase Details

Closed on
Feb 7, 1996
Sold by
Korn Ingrid G and Korn Ingrid O
Bought by
Korn Donald M and Korn Ingrid G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $1,250,000 Superior Title Services
Warranty Deed $1,049,000 Knight Barry Title Sln Inc
Warranty Deed -- None Available
Quit Claim Deed -- --
Warranty Deed $139,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $207,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2026 03/31/26 Sold $1,325,000 -1.8% $91 / Sq Ft
03/09/2026 03/09/26 Pending -- -- --
08/07/2025 08/07/25 For Sale $1,349,000 +7.9% $93 / Sq Ft
05/31/2023 05/31/23 Sold $1,250,000 +5.5% $86 / Sq Ft View Prior Sale
04/27/2023 04/27/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $1,185,000 -- $81 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

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
2025 $15,602 $863,931 $863,931 --
2024 $7,484 $1,102,696 $1,102,696 --
2023 $7,484 $520,711 $520,711 $0
2022 $13,045 $927,616 $473,181 $454,435
2021 $8,551 $576,633 $460,286 $116,347
2020 $8,748 $523,257 $453,600 $69,657
2019 $8,883 $529,723 $453,600 $76,123
2018 $9,040 $529,717 $453,600 $76,117
2017 $9,067 $520,026 $453,600 $66,426
2016 $8,557 $478,212 $454,993 $23,219
2015 $8,542 $464,904 $454,246 $10,658
2014 -- $615,428 $563,201 $52,227
2013 -- $397,397 $358,260 $39,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2250826

Sanibel & Captiva Islands Association of REALTORS®

APN: 11-46-21-T1-00700.0020

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