Located at 837 Casa Ybel Road, this gutted duplex offers a blank canvas for your island vision. Each side of this duplex offers 1 bedroom and 1 bath. Perfectly situated on a peaceful lake and just a short stroll to the beach, the property combines natural beauty with unbeatable convenience. Centrally located, your minutes from shops, dining, and Sanibel’s iconic bike paths. Whether you plan to rebuild as a rental investment, personal retreat, or a multi-generational getaway, this prime piece of real estate offers endless potential in one of Sanibel’s most desirable areas. Seller financing. The house appraised at $424,500 with the 50% rule you would have half of that to rebuild.
For sale
Price cut: $85K (8/14)
$465,000
837 Casa Ybel Rd, Sanibel, FL 33957
2beds
1,528sqft
Est.:
Multi Family
Built in 1971
-- sqft lot
$520,500 Zestimate®
$304/sqft
$-- HOA
What's special
Peaceful lakeNatural beauty
- 35 days
- on Zillow |
- 564 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: August 14, 2025 at 09:49am
Listed by:
Kerri Maw 239-292-4944,
Pfeifer Realty Group LLC,
Eric J Pfeifer 239-851-3699,
Pfeifer Realty Group LLC
Source: Sanibel And Captiva Island AOR,MLS#: 2250779

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: DR/LR Combo, Kitchen, Other Add Agt Note, See Remarks
Heating
- None, Other, See Remarks
Cooling
- None, Other, See Remarks
Appliances
- Included: Other, See Remarks
Features
- 8 Ft Ceilings
- Flooring: Tile, Other, See Remarks
- Doors: Sliding Doors
- Windows: Jalousie, Sliding
- Has fireplace: No
Interior area
- Total structure area: 1,912
- Total interior livable area: 1,528 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Patio & porch: Screened
- Has view: Yes
- View description: Lake, Lawn/Garden
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Lake
- Frontage length: 80
Lot
- Size: 9,583.2 Square Feet
- Features: Corner Lot, Wooded, Inland
Details
- Parcel number: 254622T2007000160
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Old Florida,See Remarks
- Property subtype: Multi Family
Materials
- Block, Stucco
- Roof: Fiberglass
Condition
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Restricted Rentals
- Subdivision: Lagoon Estates
HOA
- Has HOA: No
Location
- Region: Sanibel
Financial & listing details
- Price per square foot: $304/sqft
- Tax assessed value: $670,228
- Annual tax amount: $10,535
- Date on market: 7/11/2025
- Listing terms: BTF/Cash
- Lease term: Month To Month
- Road surface type: Paved
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