$2,950,000

877 Limpet Dr Sanibel, FL 33957

Estimated payment $17,681/month

Total Views 4,001
3 Beds
3.5 Baths
3,286 Sq Ft
$898 Price per Sq Ft

Highlights

  • Community Beach Access
  • Dock has access to electricity
  • In Ground Pool
  • Sanibel Elementary School Rated A-
  • Boat Lift
  • Sitting Area In Primary Bedroom

About This Home

Nestled on a coveted deep-water canal basin on Sanibel Island, 877 Limpet Dr. is a boater’s paradise with luxury throughout. This elevated 3,286 sq. ft. home, remodeled in 2019 by Kennedy Const., blends modern elegance with functionality. This home is on a concrete seawall and boasts a 45ft slip designed for a 30K lb. lift, an adjacent 10K lb. lift for a fishing boat, and a 3-car-sized boat trailer garage alongside a 3-car-plus garage, both with A/C storage. Enjoy direct, no-bridge Gulf access in just 5 min. and with the services of the Sanibel Marina only 500 yds away, adventures begin at your doorstep. Inside, a great room opens to a chef’s kitchen with custom cabinetry and waterside dining area, perfect for entertaining. Other key features include European white oak floors, impact windows, powered storm shutters, a spacious rec area, pool, patio, and deeded beach parking and access a mile away. Additionally, this home has a 24KW Generac generator with two propane takes totaling 1250 gal. The 45 foot boat slip was designed for a 30K lift and has a pedestal with (2) 30amp and (2) 20amp outlets. The existing 10K lb. lift adjacent to slip has (2) 15amp outlets. Lower level has 3 mini-split units for A/C. Located on Sanibel's East end, this home is just 550 yards from Sanibel's Causeway Blvd and 1.5 miles from the Sanibel Lighthouse. Explore 25 miles of bike paths and J.N. "Ding" Darling Refuge. This waterfront gem offers unmatched design and boating amenities!

Listing Agent

Joel Goodman

Royal Shell Real Estate, Inc. License #3232425 Listed on: 03/21/2025

Royal Shell Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,458

Year Built

  • Built in 1998

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 140 x 100
  • Home fronts a canal
  • Cul-De-Sac

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Elevated Home
  • Frame Construction
  • Metal Roof
  • Wood Trim
  • Stucco

Interior Spaces

  • 3,286 Sq Ft Home
  • Central Vacuum
  • Tray Ceiling
  • Ceiling Fan
  • Fireplace
  • Single Hung Wood Windows
  • Living Room
  • Dining Room
  • Home Office
  • Workshop
  • Screened Porch
  • Canal Views
  • Laundry Room

Kitchen

  • Built-In Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Boat Lift
  • Dock has access to electricity

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 20-46-23-T1-00100.0370

Community Details

Overview

  • Shell Harbor Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,458

Year Built

Built in 1998

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Subdivision Name: Shell Harbor
  • Class: Residential
  • Property Type: Single Family
  • Design: Old Florida, Split Bedrooms, Traditional
  • Legal Description: SHELL HARBOR 3RD ADDN. PB 25 PG 82 LOT 37
  • Strap Number: 20-46-23-T1-00100.0370
  • Subject To F I R P T A: No
  • Year Built: 1998
  • Miscellaneous: Beach Access
  • Folio Id: 10125609
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: No
  • Price Per S Q F T: 897.75
  • Total Sq Ft: 4854
  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Double Ovens, Microwave, Range Gas, Refrigerator, Smoke Detector(s), Wall Oven Elec, Water Heater, Water Heater Tankless, Wine Cooler
  • Estimated Living Sq Ft: 3286
  • Bathrooms: 3
  • Bathrooms Display: 3/1
  • Bedrooms: 3
  • Ceiling: Tray Ceiling
  • Den: Yes
  • Fireplace: Yes
  • Flooring: Carpet, Tile Floor, Vinyl Floor, Wood Floor
  • Furnished: No
  • Furnishing: Unfurnished
  • Half Bathrooms: 1
  • Primary Bathroom: Dbl Sinks, Sep. Shower, Sep. Tub, Whirlpool
  • Master Bedroom: Sitting Area
  • Windows: Impact Resistant Windows, Single Hung

Exterior Features

  • Waterfront: Canal Salt
  • Waterfront: Yes
  • Coastal Construction: Behind 1991
  • Ext Fin Trim: Stucco, Wood
  • Pool: Yes
  • View: Canal
  • Roads: Cul-de-Sac, Paved, Public Maintained
  • Construction Stat: Elevated, Frame, Piling Wood
  • Pool Description: Below Ground, Equipment Stays
  • Roof: Metal

Garage/Parking

  • Parking: 3+ Garage, Auto Garage Opener(s)

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Heat Pump

Condo/Co-op/Association

  • Management Company Phone: 000-000-0000
  • HOA: Yes
  • Master Fee: 100
  • Master Fee Period: Annually

Association/Amenities

  • Community Amenities: Deeded Beach Access

Lot Info

  • Acres: 0.31
  • Geo Update Timestamp: 2025-03-21
  • Geo Address Line: 877 Limpet Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 140
  • Lot Frontage: 100
  • Lot Number: 37
  • Lot Size Irregular: No
  • Lot Sq Ft: 13438
  • Lot Sq Ft Source: Leepa
  • Lot Features: Cul-de-Sac, Survey Avail
  • Survey Year: 1997
  • Survey: Yes

Rental Info

  • Rental: No
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 23458
  • 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 $23,631 $1,703,487 -- --
2023 $23,631 $1,653,871 $0 $0
2022 $21,868 $1,605,700 $0 $0
2021 $22,083 $1,694,021 $870,978 $823,043
2020 $22,033 $1,537,408 $0 $0
2019 $22,504 $1,524,564 $839,300 $685,264
2018 $21,038 $1,430,052 $0 $0
2017 $21,069 $1,400,639 $0 $0
2016 $20,996 $1,502,636 $785,873 $716,763
2015 $21,410 $1,427,122 $784,182 $642,940
2014 $21,464 $1,407,906 $715,238 $692,668
2013 -- $1,331,510 $515,151 $816,359
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 For Sale $2,950,000 +63.0% $898 / Sq Ft
06/29/2018 06/29/18 Sold $1,810,000 -4.7% $538 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $1,900,000 -- $565 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,810,000 Coastal Title Svcs Of Sw Flo
Warranty Deed $1,680,000 --
Warranty Deed $445,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $953,000 New Conventional
Closed $100,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,004,000 New Conventional
Previous Owner $1,000,000 No Value Available
Source: Public Records

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2250475

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T1-00100.0370