1155 Seagrape LN Sanibel, FL 33957

UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,256 sqft
Price per Sqft $299
Subdivision Seagrape
MLS Listing ID 2026010785
Style Ranch,One Story,See Remarks,Duplex
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1953
Annual Tax Amount $8,896
Tax Year 2025
Lot Size 0.413 Acres
Acres 0.4132
Lot Dimensions Appraiser
Property Sub-Type Duplex
Property Description
Previously a strong income producer with annual rental revenue nearing $100,000 prior to Hurricane Ian, the property also showed potential for increased income based on updated pricing strategies and market conditions at the time. This duplex now presents a blank canvas for renovation or redevelopment. The oversized lot and prime location create exceptional flexibility for a visionary buyer with neighboring properties on the street already rebuilt or renovated enhancing the appeal of the area.
Live on one side and rent the other. Lease both for investment income. Or start fresh with a custom single-family home in one of Sanibel's most desirable neighborhoods. The generous lot size, one of the largest on the street, offers ample space for features such as a pool for owner or guest enjoyment. The flexibility here is real, and so is the upside.
Opportunities close to the Gulf in the highly sought-after East End are rare.
This property is being sold as is. Buyers are encouraged to conduct their own due diligence regarding condition, permitting, and future use.
Location
State FL
County Lee
Community Seagrape
Area Si01 - Sanibel Island
Rooms
Bedroom Description NaN
Interior
Heating None
Cooling Ceiling Fan(s), Wall Unit(s)
Flooring Other
Furnishings Furnished
Fireplace No
Window Features Jalousie,Sliding
Exterior
Exterior Feature Patio
Community Features Non- Gated
Utilities Available Cable Available
Amenities Available Beach Rights, Beach Access
Waterfront Description None
Water Access Desc Public
Roof Type Shingle
Porch Patio
Garage No
Private Pool No
Building
Lot Description Rectangular Lot, Dead End
Dwelling Type Duplex
Sewer Public Sewer
Water Public
Architectural Style Ranch, One Story, See Remarks, Duplex
Structure Type Vinyl Siding,Wood Frame
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No
Tax ID 21-46-23-T1-00018.0010
Acceptable Financing All Financing Considered, Cash
Listing Terms All Financing Considered, Cash
Pets Allowed Yes
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