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 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor McMurray and Members shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 6:53 PM UTC, 11/25/2024

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