$3,500,000
$3,895,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
0.86 Acres Lot
SOLD DATE : 02/08/2024
Key Details
Sold Price $3,500,000
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Sold
Purchase Type For Sale
Subdivision Metes And Bounds
MLS Listing ID 223080716
Sold Date 02/08/24
Originating Board Florida Gulf Coast
Annual Tax Amount $31,125
Tax Year 2022
Lot Size 0.856 Acres
Acres 0.856
Property Description
One of the best undeveloped beach front parcels on Sanibel Island, this south-facing lot is west of Rabbit Road in the most desirable section of prestigious West Gulf Drive, known for its exclusivity as well as its ability to watch sunsets over the gulf from your own backyard. With 108 feet on the beach, this wide lot offers the ability to design a home that maximizes the impact of the panoramic views of the gulf. The portion of the lot behind the CCSL has a designated ecozone of E2 / Gulf Beach Ridge with some of the most favorable coverage ratios on the island. On the island's famed Gulf Ridge, the lot's elevations in the building envelope are as high as 9 feet per the 2023 survey. The survey also denotes the lot's allowable coverages are 9,249 square feet for impervious surfaces and 11,099 square feet for total developed area. The owner commissioned soil testing to determine the ideal construction methodology for the location and a construction survey with coverage ratios and site elevations. Both documents are attached for the buyer's convenience, saving time and money.
Location
State FL
County Lee
Area Si01 - Sanibel Island
Exterior
Community Features Non-Gated
Utilities Available Other
Waterfront Description Gulf Frontage
View Y/N No
Present Use Other/See Remarks,Single Family
Street Surface Paved
Private Pool No
Building
Lot Description Across From Waterfront
Sewer Central
Water Central
Others
HOA Fee Include None
Tax ID 29-46-22-T2-00020.0020
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
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Bought with Pfeifer Realty Group LLC
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