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Home For Sale

Picture of Home For Sale in Sanibel, Florida, United States

$1,100,000

1155 Seagrape Ln
Sanibel, Florida, United States

4bd 2ba

Listed By: Realtyww Info

Listed On: 08/20/2024

Listing ID: GL11549845 View More Details

Description

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. Dont miss out on transforming this duplex into a stunning coastal retreat in one of the islands most sought-after neighborhoods.

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Listed by: Eric Pfeifer