Water Shadows Unrecorded Subdivison Sanibel Homes

$1,095,000

Sold Price:

$1,050,000

Sold Date:

04/18/2024

MLS# 224003195

1658 Sabal Palm Dr, Sanibel, FL 33957

Homes - 1,624 ft² / 2,306 ft² - 2 Car Garage

3 Bed / 2 Baths / 1 Half / Pool

Built 1972

One of the best island communities for serious boaters, this Water Shadows home overlooks one of the widest, deepest canals on Sanibel and is just a few minutes from the open bay. No bridges and excellent depth at the dock mean this island home is one of the few on Sanibel able to also accommodate sailboats. The seawall, dock and 17,000-pound lift were replaced in the last few years. Completely remodeled in 2017, the home has an excellent cost basis for the FEMA 50% rule should buyer wish to restore the home. House is fully mitigated with impact-resistant windows and slider doors plus an additional hurricane screen on the lanai. Many of the remodel improvements were able to be preserved for reuse including the vaulted ceiling with wooden beams, tile floors, range hood, lighting and upper cabinets. For those who are interested in redevelopment of the property, sale includes preliminary plans for new construction the owners commissioned an architect to design for the lot.

Looking to Sell Your Property? Contact our Area Specialist to get a free Comparative Market Analysis and maximize your property's exposure to thousand of potential buyers!

Oleg Mikhailov

Area Specialist, REALTOR®
Broker Associate
GRI - Graduate Realtor Institute

Luxury of Naples Group at Amerivest Realty

Phone: (239) 280-1237

Website: https://www.realtyofnaples.com

Bio: Oleg is a specialist who has been living in Naples since 1999 and is familiar with Naples, Bonita Springs, and Marco Island, and all the neighborhoods inside-out. He has the ability to assist you in selecting the best for your family's needs. With his knowledge you can be sure that you'll be comfortable with him as your Real Estate Agent. [ More... ]

This property is courtesy of Premier Sotheby's Int'l Realty. *Just Listed: new properties that came on the market within the last 30 days.
*Decrease/Increase: listing values that are being recorded within the last 30 days.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.

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