$950,000
$300K PRICE DROP

5885 Pine Tree Dr Sanibel, FL 33957

Estimated payment $5,946/month

Total Views 7,219
3 Beds
2 Baths
1,812 Sq Ft
$524 Price per Sq Ft

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • Sanibel Elementary School Rated A-
  • Boat Lift
  • Two Primary Bathrooms

About This Home

Welcome to this beautifully remodeled coastal home, ideally located just a short walk to the beach. This turnkey 3-bedroom, 2-bath property is a fisherman’s paradise, featuring a private boat dock with direct access to the Gulf, a brand-new pool, and a spacious lot with a two-car garage. Inside, you'll find a cozy living area with a working fireplace—perfect for cool coastal evenings. Completely updated inside and out, the home includes a new roof installed in 2024. Spend your days fishing or boating and your evenings enjoying stunning West Coast sunsets near the world-famous beaches of Sanibel and Captiva.

Listing Agent

Raul Hernandez

Phantom Real Estate License #3330207 Listed on: 08/13/2025

Phantom Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,494

Year Built

  • Built in 1964

Lot Details

  • 0.57 Acre Lot
  • 190 Ft Wide Lot
  • Home fronts a canal
  • Northeast Facing Home
  • Fenced
  • Unpaved Streets

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Unpaved Parking
  • Open Parking

Home Design

  • Metal Roof

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Blinds
  • French Doors
  • Entrance Foyer
  • Open Floorplan
  • Tile Flooring
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Boat Lift
  • Private Dock
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • Castaway Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11 46 21 T3 00900 001A

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,494

Year Built

Built in 1964

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story, Other
  • Directions: USE GPS
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CASTAWAY ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 950000
  • InternetRemarks: Welcome to this beautifully remodeled coastal home, ideally located just a short walk to the beach.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, French Doors, Pantry, Split Bedroom, 3 Bedroom Split, Family Room
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1812
  • Other Equipment: Automatic Garage Door Opener
  • Window Features: Complete Impact Glass, Blinds
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen, Family/Dining Combination
  • Living Room Features: Family Room
  • Master Bathroom Features: 2 Primary Bathrooms, Shower Only

Exterior Features

  • Roof: Metal Roof
  • View: Canal
  • Exterior Features: Lighting, Outdoor Shower
  • Construction Type: Concrete Block Construction
  • Direction Faces: Northeast
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CASTAWAY ESTATES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Additional Spaces Available, Driveway, Unpaved

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Unpaved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 11 46 21 T3 00900 001A
  • Lot Size Sq Ft: 24740
  • Zoning: Single Family

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11494

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $11,495 $845,720 -- --
2024 $12,867 $768,836 -- --
2023 $12,867 $697,518 $0 $0
2022 $10,286 $634,107 $0 $0
2021 $8,557 $576,461 $327,226 $249,235
2020 $8,383 $557,983 $312,000 $245,983
2019 $8,462 $560,400 $312,000 $248,400
2018 $8,474 $549,905 $312,000 $237,905
2017 $8,301 $556,367 $208,000 $348,367
2016 $7,697 $504,115 $223,110 $281,005
2015 $7,335 $476,001 $216,802 $259,199
2014 $6,470 $393,396 $214,282 $179,114
2013 -- $343,697 $225,269 $118,428
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2025 10/10/25 Price Changed $950,000 -5.0% $524 / Sq Ft
09/09/2025 09/09/25 Price Changed $1,000,000 -13.0% $552 / Sq Ft
08/25/2025 08/25/25 Price Changed $1,150,000 -8.0% $635 / Sq Ft
08/13/2025 08/13/25 For Sale $1,250,000 +140.4% $690 / Sq Ft
08/27/2018 08/27/18 Sold $520,000 -25.6% $287 / Sq Ft View Prior Sale
07/28/2018 07/28/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $699,000 -- $386 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Warranty Deed $520,000 Stewart Title Co
Warranty Deed $797,500 Barrier Island Title Service
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $364,000 New Conventional
Previous Owner $600,000 Credit Line Revolving
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11856516

MIAMI REALTORS® MLS

APN: 11-46-21-T3-00900.001A