$1,900,000
$695K PRICE DROP

842 Limpet Dr Unit 12 Sanibel, FL 33957

Estimated payment $11,584/month

Total Views 15,096
0.35 Acre
$5,428,571 Price per Acre
15,246 Sq Ft Lot

Highlights

  • Community Beach Access
  • Home fronts a seawall
  • Cul-De-Sac
  • Sanibel Elementary School Rated A-
  • Canal View

About This Lot

Located on the desirable east end of the island, this vacant lot offers direct deep-water access to the Gulf of Mexico, making it an ideal setting for your dream waterfront property. The lot has been meticulously graded and cleared, prepared for future building, with a 500-gallon LP tank safely marked at the S/SW corner. A brand-new 146' seawall cap, constructed with 5,000 psi concrete reinforced by heavy-duty rebar, provides lasting protection and stability, complemented by 250 native plants along the seawall as required by city regulations. The dock features all-new marine-grade pilings, a new boat lift motor, and 100' of wood dock replaced with 80' and 20' WearDeck decking in Cool Grey, ensuring durability and style. The boat lift footprint has been relocated for enhanced navigability, and all debris has been cleared, making access smooth and easy. Additional benefits include an active Sanibel Water account and sewer assessment paid. This lot is ready for your vision to come to life on the island’s coveted waterfront.

Listing Agent

Eric Pfeifer

Pfeifer Realty Group LLC License #3014853 Listed on: 09/18/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,676

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 108x140
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • Cleared Lot

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Canal Views

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 20-46-23-T1-00100.0120

Community Details

Overview

  • Shell Harbor Subdivision

Recreation

  • Gulf Boat Access
  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$14,676

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Subdivision Name: Shell Harbor
  • Class: Vacant Land
  • Property Type: Vacant Land
  • Legal Description: SHELL HARBOR 3RD ADDN PB 25 PG 82 LOT 12
  • Strap Number: 20-46-23-T1-00100.0120
  • Subject To F I R P T A: No
  • Folio Id: 10125584
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 5428571.43

Exterior Features

  • Waterfront: Canal Salt, Direct Access, Navigable, No Bridge, Seawall
  • Coastal Construction: Not Applicable
  • View: Canal
  • Ground Cover: Cleared
  • Roads: Cul-de-Sac, Paved

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Period: Annually
  • HOA: Yes
  • Master Association Disp: $0/

Association/Amenities

  • Community Amenities: Deeded Beach Access, Gulf Access, Restricted Rentals

Lot Info

  • Acres: 0.35
  • Geo Update Timestamp: 2024-09-18
  • Geo Address Line: 842 Limpet Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Frontage: 108
  • Lot Number: 12
  • Lot Size: 108X140
  • Lot Size Irregular: No
  • Lot Sq Ft: 15056
  • Zoning: RES
  • Deed Restrictions: On Record
  • Lot Features: Bulkhead/Seawall, Cul-de-Sac, Survey Avail
  • Lot Size Feature: 100ft or + Front
  • Survey Year: 2023
  • Survey Year Disp: Y-2023
  • Usage: Single Family

Tax Info

  • Tax Amount: 14676
  • 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

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Price Changed $1,900,000 -26.8% $126 / Sq Ft
09/18/2024 09/18/24 For Sale $2,595,000 -- $172 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2240643

Sanibel & Captiva Islands Association of REALTORS®