$1,275,000
$1,500,000
15.0%For more information regarding the value of a property, please contact us for a free consultation.
0.4 Acres Lot
SOLD DATE : 02/12/2024
Key Details
Sold Price $1,275,000
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Sold
Purchase Type For Sale
Subdivision Metes And Bounds
MLS Listing ID 223020450
Sold Date 02/12/24
Originating Board Florida Gulf Coast
Annual Tax Amount $7,059
Tax Year 2021
Lot Size 0.405 Acres
Acres 0.405
Property Description
This is a very rare opportunity, never before available, to build your dream home on a newly available lot literally one parcel back from the beach and behind a private gated entrance on Sanibel’s famous and convenient East End. Sometimes setbacks present new opportunities. The older cottage that was previously on this site was damaged by Hurricane Ian and is being removed. What will be left is an extremely rare buildable lot, Behind the Gated of Colony Beach Estates, where a new home should have stunning Beach and Gulf views from multiple rooms and is literally just steps to the sugar sand world renown beach. The property lies within the Gulf Beach Ridge Ecological zone allowing for 25% (approximately 4,700 + sqft.) impervious and 30% (approximately 5,700 + sqft.)developed area coverage. This is a great building envelope for a new beachside home with stunning Gulf views, built to the newest codes, and offering the opportunity to create your very own modern beachside luxury.
Location
State FL
County Lee
Area Si01 - Sanibel Island
Direction Left on East Gulf Drive from Lindgren to 395 Bella Vista Way East.
Exterior
Community Features Beach Access, See Remarks, Gated
Utilities Available Cable Available, Electricity Available, Sewer Available, Trash Removal, Underground Utilities, Water Available
Waterfront Description None
View Y/N No
Present Use Other/See Remarks
Private Pool No
Building
Lot Description Across From Waterfront
Faces Left on East Gulf Drive from Lindgren to 395 Bella Vista Way East.
Sewer Central
Water Central, Irrigation Water
Others
HOA Fee Include See Remarks
Tax ID 21-46-23-T1-00004.0010
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
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Bought with FGC Non-MLS Office
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