$465,000
$85K PRICE DROP

837 Casa Ybel Rd Sanibel, FL 33957

Estimated payment $3,356/month

Total Views 2,011
2 Beds
2 Baths
1,528 Sq Ft
$304 Price per Sq Ft

Highlights

  • Lake Front
  • Wooded Lot
  • No HOA
  • Sanibel Elementary School Rated A-
  • Corner Lot
  • Screened Porch

About This Home

Located at 837 Casa Ybel Road, this gutted duplex offers a blank canvas for your island vision. Each side of this duplex offers 1 bedroom and 1 bath. Perfectly situated on a peaceful lake and just a short stroll to the beach, the property combines natural beauty with unbeatable convenience. Centrally located, your minutes from shops, dining, and Sanibel’s iconic bike paths. Whether you plan to rebuild as a rental investment, personal retreat, or a multi-generational getaway, this prime piece of real estate offers endless potential in one of Sanibel’s most desirable areas. Seller financing. The house appraised at $424,500 with the 50% rule you would have half of that to rebuild.

Listing Agent

Kerri Maw

Pfeifer Realty Group LLC License #3354442 Listed on: 07/11/2025

Co-Listing Agent

Eric Pfeifer

Pfeifer Realty Group LLC License #3014853

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,535

Year Built

  • Built in 1971

Lot Details

  • 9,518 Sq Ft Lot
  • Lot Dimensions are 119 x 80
  • Lake Front
  • Southeast Facing Home
  • Corner Lot
  • Wooded Lot

Parking

  • No Garage

Property Views

  • Lake
  • Garden

Home Design

  • Fiberglass Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property
  • Ceiling height between 8 to 10 feet
  • Jalousie or louvered window
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Lagoon Estates Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 25-46-22-T2-00700.0160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,535

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subdivision Name: Lagoon Estates
  • Class: Residential
  • Property Type: Multi Family
  • Design: Single Level, Old Florida, See Remarks
  • Legal Description: LAGOON ESTATES UNREC OR 541 PG 653 LOT 16
  • Strap Number: 25-46-22-T2-00700.0160
  • Subject To F I R P T A: No
  • Year Built: 1971
  • Folio Id: 10021743
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Elevator: No
  • Price Per S Q F T: 304.32
  • Total Sq Ft: 1912
  • Appliances: Other Add Agt Note, See Remarks
  • Estimated Living Sq Ft: 1528
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Flooring: Tile Floor, Other Add Agt Note, See Remarks
  • Furnished: No
  • Furnishing: Unfurnished
  • Windows: Jalousie, Sliding

Exterior Features

  • Waterfront: Lake
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Stucco
  • Pool: No
  • View: Lake, Lawn/Garden
  • Roads: Paved, Public
  • Construction Stat: Concrete Block
  • Rear Exposure: Southeast
  • Roof: Fiberglass Shingle

Garage/Parking

  • Parking: No Garage/Carport

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: No
  • Cooling: No Cooling, Other Add Agt Note, See Remarks
  • Heating: No Heating, Other Add Agt Note, See Remarks

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • Community Amenities: Restricted Rentals

Lot Info

  • Acres: 0.22
  • Geo Update Timestamp: 2025-07-11
  • Geo Address Line: 837 Casa Ybel Rd
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 119
  • Lot Frontage: 80
  • Lot Number: 16
  • Lot Size Irregular: No
  • Lot Sq Ft: 9518
  • Lot Sq Ft Source: CRS Tax
  • Lot Features: Corner, Wooded
  • Survey Year: 2021
  • Survey: Yes

Rental Info

  • Rental: No
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 10535
  • 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 $10,535 $669,475 -- --
2023 $9,797 $608,614 $0 $0
2022 $8,322 $553,286 $291,000 $262,286
2021 $5,824 $359,032 $291,000 $68,032
2020 $5,559 $338,347 $291,000 $47,347
2019 $5,469 $343,183 $194,000 $149,183
2018 $5,002 $294,731 $194,000 $100,731
2017 $5,096 $295,550 $194,000 $101,550
2016 $5,272 $302,504 $194,000 $108,504
2015 $5,017 $280,100 $180,000 $100,100
2014 $4,741 $268,006 $198,550 $69,456
2013 -- $230,505 $176,000 $54,505
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $465,000 -15.5% $304 / Sq Ft
07/11/2025 07/11/25 For Sale $550,000 -5.2% $360 / Sq Ft
11/05/2021 11/05/21 Sold $580,000 -3.3% $380 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $599,900 -- $393 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $580,000 Superior Ttl Svcs Of Sanibel
Warranty Deed $395,000 Barrier Island Title Service
Warranty Deed $335,000 --
Warranty Deed $79,400 --
Warranty Deed $200,000 --
Warranty Deed $130,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $187,725 Commercial
Previous Owner $217,500 Commercial
Previous Owner $253,750 Commercial
Previous Owner $202,700 Commercial
Previous Owner $160,000 Commercial
Previous Owner $104,000 Commercial
Source: Public Records

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2250779

Sanibel & Captiva Islands Association of REALTORS®

APN: 25-46-22-T2-00700.0160