$1,900,000
$695K PRICE DROP

842 Limpet Dr Sanibel, FL 33957

Estimated payment $11,584/month

Total Views 8,462
0.35 Acre
$5,491,329 Price per Acre
15,072 Sq Ft Lot

Highlights

  • Community Beach Access
  • Boat Ramp
  • Canal Access
  • Sanibel Elementary School Rated A-
  • Home fronts a seawall
  • 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 #280522587 Listed on: 09/18/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,676

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 70 x 140 x 151 x 140
  • Home fronts a seawall
  • Home fronts navigable water
  • Cul-De-Sac
  • South Facing Home
  • Cleared Lot

HOA Fees

  • $8 Monthly HOA Fees

Additional Features

  • Canal Views
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 100
  • Assessor Parcel Number 20-46-23-T1-00100.0120

Community Details

Overview

  • Shell Harbor Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Beach Access
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$14,676

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.346
  • Lot Size: 70 x 140 x 151 x 140
  • Road Surface Type: Paved
  • Subdivision Name: SHELL HARBOR
  • Property Sub Type Additional: Residential,Unimproved Land
  • Pets No Pets Comments: ,,,
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cleared, Cul-De-Sac
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Direction Faces: South

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Home Owners Association, Non-Gated
  • Senior Community: No
  • Amenities: Beach Rights, Boat Dock, Beach Access, Boat Ramp
  • Association #2 Fee: 100.0
  • Association #2 Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Current Use: Single Family
  • Parcel #: 20-46-23-T1-00100.0120
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14676.0
  • Tax Block: 100
  • Tax Lot: 12
  • 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 $15,885 $1,112,231 -- --
2023 $15,885 $1,117,276 $1,079,269 $0
2022 $18,650 $1,369,858 $0 $0
2021 $18,827 $1,329,959 $883,287 $446,672
2020 $17,916 $1,216,900 $839,300 $377,600
2019 $18,423 $1,243,559 $839,300 $404,259
2018 $18,927 $1,253,235 $839,300 $413,935
2017 $20,174 $1,307,330 $770,000 $537,330
2016 $19,142 $1,217,660 $794,497 $423,163
2015 $15,282 $1,170,703 $794,081 $376,622
2014 $15,315 $1,150,798 $727,014 $423,784
2013 -- $1,073,538 $579,827 $493,711
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% --
09/18/2024 09/18/24 For Sale $2,595,000 +36.6% --
03/05/2020 03/05/20 Sold $1,900,000 -23.8% $636 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
02/18/2019 02/18/19 For Sale $2,495,000 +78.2% $835 / Sq Ft
12/10/2015 12/10/15 Sold $1,400,000 -14.9% $459 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
11/04/2014 11/04/14 For Sale $1,645,000 -- $539 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,900,000 Knight Barry Title Sln Inc
Warranty Deed $1,400,000 Superior Title Services Of S
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,900,000 None Available
Warranty Deed $1,750,000 None Available
Warranty Deed $615,000 --
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224074268

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T1-00100.0120