1155 Seagrape LN Active Save Request In-Person Tour Request Virtual Tour
Sanibel,FL 33957
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224080702
Style See Remarks
Bedrooms 4
Full Baths 2
Originating Board Florida Gulf Coast
Year Built 1953
Annual Tax Amount $9,287
Tax Year 2024
Lot Size 0.413 Acres
Acres 0.4132
Property Description
This East End duplex, just steps from the beach down a charming gravel road that ends at the Gulf of Mexico, offers an exceptional opportunity for a visionary buyer. Nestled near shops, the historic lighthouse, and the popular fishing pier, this property was impacted by Hurricane Ian and is ready for a fresh start. Whether you choose to remodel and restore its original charm or build a new elevated single-family home, the possibilities are endless. With the potential to regain the previous $100,000 in annual rental income, you can maximize your investment by living in one unit while renting the other or leasing both for steady income. The location and flexibility of this property make it a rare find. Don’t miss out on transforming this duplex into a stunning coastal retreat in one of the island’s most sought-after neighborhoods.
Location
State FL
County Lee
Area Si01 - Sanibel Island
Zoning 800
Direction East on Periwinkle Way, Right on Seagrape Lane, Duplex is on the right.
Interior
Heating None
Cooling Ceiling Fan(s),Wall Unit(s)
Flooring Other
Window Features Jalousie,Sliding
Exterior
Community Features Beach Access,Non-Gated
Utilities Available Cable Available
Waterfront Description None
Roof Type Shingle
Street Surface Gravel
Porch Patio
Private Pool No
Building
Lot Description Dead End,Regular
Faces East on Periwinkle Way, Right on Seagrape Lane, Duplex is on the right.
Story 1
Sewer Central
Water Central
Architectural Style See Remarks
Level or Stories 1 Story/Ranch
Structure Type Wood Frame,Vinyl Siding
New Construction No
Others
Tax ID 21-46-23-T1-00018.0010
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash