1155 Seagrape Lane

Sanibel, FL 33957

Property Description

Located on Sanibel’s coveted East End, this beachside duplex sits just down a charming gravel road that leads directly to the Gulf of Mexico. Steps to the sand and close to the historic lighthouse, fishing pier, shops, and restaurants, the setting alone makes this property a standout. Previously a strong income producer with annual rental revenue nearing $100,000 prior to Hurricane Ian, the property also showed clear potential for increased income based on updated pricing strategies and evolving market conditions at the time. This duplex was impacted by Hurricane Ian and now presents a blank canvas for renovation or redevelopment. The oversized lot and prime location create exceptional flexibility for a visionary buyer. Live on one side and rent the other. Lease both for investment income. Or start fresh with a custom single-family home in one of Sanibel’s most desirable neighborhoods. The flexibility here is real, and so is the upside. Opportunities close to the Gulf in the highly sought-after East End are rare. This property is being sold as is and is considered a distressed property. Buyers are encouraged to conduct their own due diligence regarding condition, permitting, and future use.

Key Details

Location