Located on the desirable east end of the island, this vacant lot offers direct deep-water access to the Gulf of Mexico, making it an ideal setting for your dream waterfront property. The lot has been meticulously graded and cleared, prepared for future building, with a 500-gallon LP tank safely marked at the S/SW corner. A brand-new 146' seawall cap, constructed with 5,000 psi concrete reinforced by heavy-duty rebar, provides lasting protection and stability, complemented by 250 native plants along the seawall as required by city regulations. The dock features all-new marine-grade pilings, a new boat lift motor, and 100' of wood dock replaced with 80' and 20' WearDeck decking in Cool Grey, ensuring durability and style. The boat lift footprint has been relocated for enhanced navigability, and all debris has been cleared, making access smooth and easy. Additional benefits include an active Sanibel Water account and sewer assessment paid. This lot is ready for your vision to come to life on the island’s coveted waterfront.
Property Details
Property Features
Listing Office:
Office Name: Pfeifer Realty Group LLC
Office Phone: (239) 472-0004
Listing Agent: Eric Pfeifer
Exterior Features
Exterior Information:
Waterfront: Canal, Navigable Water, Seawall
View: Canal
Lot Features
Lot Information:
Lot: Cleared, Cul-De-Sac
Lot Size: 0.35 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $2,595,000
HOA Fees:
Amount: $0
Frequency: Annually
Tax Information:
Annual Amount: $17,916
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sanibel, FL.
This property is $1.5M 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: #224074268
Listing Office:
Office Name: Pfeifer Realty Group LLC
Office Phone: (239) 472-0004
Listing Agent: Eric Pfeifer
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: 12/22/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 06, 2020
Mar 06, 2020Home Sold
$1,900,000
Dec 11, 2015
Dec 11, 2015Home Sold
$1,400,000
Aug 11, 2006
Aug 11, 2006Home Sold
$1,900,000
May 03, 2006
May 03, 2006Home Sold
$1,750,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$17,916
$1,216,900
2019
$18,423
$1,243,559
2018
$18,927
$1,253,235
2017
$20,174
$1,307,330
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$13K
Per Month
Principal & Interest
$12.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,846
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Fort Myers Beach Elementary School
2751 Oak St
Distance between this listing and this school5.96 miles
Public District Grades KG-5
5
/10
Harlem Heights Community Charter School
15570 Hagie Dr
Distance between this listing and this school8.03 miles
Public Charter Grades KG-5
7
/10
Heights Elementary School
15200 Alexandria Ct
Distance between this listing and this school8.33 miles
Public District Grades KG-5
Nearby Schools
9
/10
The Sanibel School
3840 Sanibel Captiva Rd
Distance between this listing and this school5.02 miles
Public District Grades KG-8
3
/10
Lexington Middle School
16351 Summerlin Rd
Distance between this listing and this school8.17 miles
Public District Grades 6-8
7
/10
Gulf Middle School
1809 SW 36th Ter
Distance between this listing and this school9.45 miles
Public District Grades 6-8
Nearby Schools
7
/10
Oasis Charter High School
3519 Oasis Blvd
Distance between this listing and this school9.46 miles
Public Charter Grades 9-12
5
/10
Ida S. Baker High School
3500 Agualinda Blvd
Distance between this listing and this school9.48 miles
Public District Grades 9-12
4
/10
Cypress Lake High School
6750 Panther Ln
Distance between this listing and this school10.33 miles
The neighbors living near this home have an average income of $195,833. The majority of Sanibel, FL residents have income $200k+ annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 842 Limpet Dr
What is the listing price of this property?
The listing price of 842 Limpet Dr property is $2,595,000.
What type of property is this?
The property 842 Limpet Dr is land located in Sanibel, Florida, 33957.
Is this property for sale now?
Active Listing: 842 Limpet Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $17,916 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 6, 2020 for $1,900,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 842 Limpet Dr in Sanibel, FL and zip code 33957. This home sits on a 0.35 acre lot. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $2,595,000.
While more than 0 listings in Sanibel, FL in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 12 were sold below. The number of homes for sale in Sanibel, FL increased by 30.1% between October 2024 and November 2024. In November 2024, listings were on the market for 103 days. During the same period, the median list price in this real estate market was $1,000,000.
From Rocket Homes Real Estate and based on county public records data.