$10,000,000 Price Analysis    ♡   Sanibel, FL 33957 6 bed 5 bath 5,210 SqFt ($1919/SqFt) 1.34 acre lot. Built 1957 Listed 2024-03-18, Taxes $30,196 | Ⓧ USDA Ineligible due to price & location near Sanibel |
This stunning once-in-a-generation bayfront property is on Sanibel's east end
Near the historic lighthouse and Lighthouse Beach and at the end of the quaint and private Buttonwood Lane. This highly unique estate offers approximately 1.6 acres of land, 150 feet of bay frontage with a attractive beach and a private boat dock extending out into the sparkling bay waters. The rarity doesn't apply to the parcel's size and location- per the City of Sanibel Planning Department, the property is allocated three dwelling units per Development Permit 88-7456.
The minimum lot size is 15, 000 square feet in the D2Upland Wetlands ecological zone. The property is large enough to achieve the minimum lot size for three single-family parcels. The options for this parcel are as incredible as the bay views the properties would njoy. This is a rarely seen opportunity to develop a bayfront compound or small community. The current structures were remediated and include a primary home, guest house, pool and storage area. Opportunities like this haven't been seen in decades and will likely not be seen again. This is an o pportunity to bring back something truly special along the bay on Sanibel Island.
Presented by Jeffrey Burns at
Premier Sotheby's International Realty.
Property MLS #224024757 from FLGulfCoastMLS
Full Bathrooms: 5
Fireplace
VaultedCeilings
BayAccess
Pool Private: Yes
Covered Spaces: 2
Garage Spaces: 2
Parking Features: Attached, Garage
Lot Dimensions Source: Appraiser
Lot Size Acres: 1.343
Lot Size Source: Appraiser
Lot Size Square Feet: 58501
Calculated Total Monthly Association Fees: 0
Association Phone: 0000000000
Pets Allowed: Yes
Tax Block: 1
Source Listing Status: Active
County: Lee
Tax Year: 2023
Ownership: Single Family
Source Property Type: Residential
Source Neighborhood: METES AND BOUNDS
Parcel Number: 21-46-23-T1-00001.0000
Postal City: SANIBEL
Public Survey Range: 23E
Public Survey Section: 21
Public Survey Township: 46
Subdivision: METES AND BOUNDS
Property Subtype: SingleFamilyResidence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $505,238 + $1,625,000 $2,130,238 | $30,196 |
| 2021 | $unknown + $unknown $2,194,145 | $30,196 |
| 2020 | $unknown + $unknown $2,532,654 | $36,359 |
| 2019 | $unknown + $unknown $2,475,713 | $35,790 |
| 2018 | $unknown + $unknown $2,429,552 | $35,861 |
| 2017 | $unknown + $unknown $2,379,581 | $35,927 |
| 2016 | $30,638 + $2,300,000 $2,330,638 | $35,811 |
| 2015 | $289,780 + $2,328,883 $2,618,663 | $41,361 |
| 2014 | $unknown + $unknown $2,764,293 | $42,508 |
| 2013 | $unknown + $unknown $2,622,804 | $42,749 |
| 2012 | $unknown + $unknown $2,614,098 | $40,786 |
| 2011 | $unknown + $unknown $2,951,282 | $48,718 |
| 2010 | $unknown + $unknown $3,009,934 | $48,906 |
| 2009 | $unknown + $unknown $3,347,390 | $54,481 |
| 2008 | $unknown + $unknown $2,384,970 | $36,772 |
| 2007 | $unknown + $unknown $2,315,500 | $36,047 |
$10,000,000
FLGulfCoastMLS
Listed 2024-03-18
$10,000,000
SanibelCaptiva
Sold 2008-10-28
$4,186,300
Public Record
Sold 2000-04-19
$2,000,000
Public Record
Sold 1999-04-05
$1,617,000
Public Record
Sold 1988-12-22
$1,350,000
Public Record
Year Built: 1957
Building Area Source: Appraiser
Building Area Total: 6074
Construction Materials: WoodSiding
Direction Faces: South
Entry Level: 1
Living Area Source: Appraiser
Property Age: 67
Property Condition: Resale
Roof: Metal
Levels or Stories: 1
Building Total Stories: 1
House Style: Ranch, OneStory
Architectural Style: Ranch, OneStory
CableAvailable
Water Source: Public
Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.