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$1,100,000

Est. payment - /mo

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4 BD

2 BA

0.41 Acres Lot

Active

1155 Seagrape LN Sanibel, FL 33957

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Eric Hollis

soldbyhollis@gmail.com +1(443) 569-9393

UPDATED:

11/19/2024 11:54 PM

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

Listed by Pfeifer Realty Group LLC • Eric Pfeifer

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Eric Hollis

Agent | License ID: SL3492619

+1(443) 569-9393

1155 Seagrape LN Sanibel, FL 33957

Eric Hollis

Key Details

Location

Interior

Exterior

Building

Others

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1155 Seagrape LN