1155 Seagrape Ln , SANIBEL, FL 33957
SANIBEL, FL 33957
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.
Details
| MLS# | 224080702 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 129 |
| Listing Provided By | Pfeifer Realty Group LLC | Eric Pfeifer |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| Units | 2 |
| Zoning | 800 |
| Acreage | 0.41 |
| Water Front | Yes |
Market Activity 33957
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Learn More About This Property
| State | FL |
|---|---|
| County | Lee |
| City | SANIBEL |
| Zip Code | 33957 |
| Area | NOT APPLICABLE |
| Community Name | NOT APPLICABLE |
| Listing VS Median (in NOT APPLICABLE) | |
Price: $1,100,000 low | high Med: $374,994 On Site: 129 low | high Med: 33.000000 | |