
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
Price:
$979,000
MLS #:
224080702
Status:
Active
Beds:
4
Baths:
2
Address:
1155 Seagrape LN
Type:
Multi Family
Subtype:
Duplex
City:
SANIBEL
Listed Date:
Oct 3, 2024
State:
FL
ZIP:
33957
Lot Size:
17,999 sqft / 0.41 acres (approx)
Year Built:
1953
Units:
2
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Schools
Interior
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Wall Unit(s)
Heating
None
Exterior
Architectural Style
Ranch, Duplex
Association Amenities
Beach Access
Construction Materials
Wood Frame, Vinyl Siding
Roof
Shingle
Financial
Tax Year
2024
Taxes
$9,287
Map
Community
- Address1155 Seagrape LN SANIBEL FL
- SubdivisionNOT APPLICABLE
- CitySANIBEL
- CountyLee
- Zip Code33957
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1155 Seagrape LN
SANIBEL, FL
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