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.
For sale
$979,000
1155 Seagrape Ln, Sanibel, FL 33957
4beds
1,628sqft
Est.:
Multi Family
Built in 1953
-- sqft lot
$598,200 Zestimate®
$601/sqft
$-- HOA
What's special
Gulf of mexicoSteps from the beachCharming gravel road
- 363 days
- on Zillow |
- 169 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2025 at 10:32am
Listed by:
Eric J Pfeifer 239-851-3699,
Pfeifer Realty Group LLC
Source: Sanibel And Captiva Island AOR,MLS#: 2240590

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: DR/LR Combo, Kitchen
Heating
- None, Other, See Remarks
Cooling
- Ceiling Fan(s), Wall Unit(s)
Appliances
- Included: Other, See Remarks
Features
- Flooring: Other, See Remarks
- Doors: Sliding Doors
- Windows: Jalousie
- Has fireplace: No
Interior area
- Total structure area: 1,916
- Total interior livable area: 1,628 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Entry location: Ground Level
- Patio & porch: Open Porch
- Has view: Yes
- View description: Lawn/Garden
- Waterfront features: Other Add Agt Note, See Remarks, Near Beach, Gulf
- Frontage length: 123
Lot
- Size: 0.44 Acres
Details
- Parcel number: 214623T1000180010
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,See Remarks
- Property subtype: Multi Family
Materials
- Ground Level, Trim Wood, Vinyl Siding
- Roof: Fiberglass
Condition
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Buttonwood Seagrape
HOA
- Has HOA: No
Location
- Region: Sanibel
Financial & listing details
- Price per square foot: $601/sqft
- Tax assessed value: $709,189
- Annual tax amount: $9,287
- Date on market: 8/19/2024
- Listing terms: BTF/Cash
- Lease term: Month To Month
- Road surface type: Gravel
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