3 months on rocket

1155 Seagrape Ln, Sanibel, FL, 33957

$1,100,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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1155 Seagrape Ln, Sanibel$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1953
HeatingNone
CoolingCeiling Fan(s), Wall Unit(s)
WaterfrontNone
MLS #224080702
Lot Size0.41 Acres
StatusActive

About 1155 Seagrape Ln

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, One Story, See Remarks, Duplex
  • Year Built: 1953
  • Stories: 1

Listing Office:

  • Office Name: Pfeifer Realty Group LLC
  • Office Phone: (239) 472-0004
  • Listing Agent: Eric Pfeifer

Interior Features

Interior Information:

  • Flooring Type: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • Exterior: Patio

Lot Features

Lot Information:

  • Lot: Rectangular Lot, Dead End Street
  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Ceiling Fan(s), Wall Unit(s)

Other

Directions Information:

  • Directions: East on Periwinkle Way, Right on Seagrape Lane, Duplex is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $7,344
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sanibel, FL.

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Sanibel, FL

City

Med. Sold Price

$988.7K

Med. Price/SqFt

$564

Avg. Days On Market

219

# of Sold Homes

6

1155 Seagrape Ln vs Sanibel

94 DAYS ON ROCKET

-125 Days

$1,100,000

+$111.2K More

KEY TAKEAWAY

This property is $111.2K more than the Median Sold Price in Sanibel, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224080702

Listing Office:

  • Office Name: Pfeifer Realty Group LLC
  • Office Phone: (239) 472-0004
  • Listing Agent: Eric Pfeifer

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,344$394,059
2019$7,501$404,553
2018$7,528$398,903
2017$7,623$397,290

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-438901
10
/10

  • Fort Myers Beach Elementary School

  • 2751 Oak St

  • 5.15 miles

  • Public District Grades KG-5

school-card-donut-438902
5
/10

  • Harlem Heights Community Charter School

  • 15570 Hagie Dr

  • 7.42 miles

  • Public Charter Grades KG-5

school-card-donut-438903
7
/10

  • Heights Elementary School

  • 15200 Alexandria Ct

  • 7.74 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,119. Most Sanibel, FL residents have annual incomes between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Lee County›Sanibel›33957›1155 Seagrape Ln

This home is located at 1155 Seagrape Ln in Sanibel, FL and zip code 33957. This home, which was built in 1953, sits on a 0.41 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $1,100,000.

While more than 0 listings in Sanibel, FL in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below. Between September 2024 and October 2024, Sanibel, FL real estate market has seen increase in the number of listings by 13.3%. While the average time on the market in October 2024 was 219 days, the median list price was $988,750.

From Rocket Homes Real Estate and based on county public records data.

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