Active
1155 Seagrape LN
Sanibel FL, 33957
$1,100,000
$337.84 per sqft
Active
4 Beds
2 Baths
3,256 sqft
Multi-family
Built in 1953
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.
224080702
MLSⓇ ID
October 3, 2024
Listed
November 25, 2024
Updated
Map
1155 Seagrape LN
Sanibel FL, 33957
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Wall Unit(s)
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.41 Acres
Exterior Features
Patio
Lot Features
Rectangular Lot, Dead End
Architectual Style
Ranch, One Story, See Remarks, Duplex
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
SI01 - Sanibel Island
Taxes
$9,287
Tax Frequency
Annually
Days on Market
47
Association Amenities
Beach Rights, Beach Access
Garage
No
View
No
County
Lee
Water Source
Public
Pool
No
Listed by Eric Pfeifer, Pfeifer Realty Group LLC
Listing Contact: 239-851-3699
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Data last updated 6:53 PM UTC, 11/25/2024