734 Anchor Dr · Sanibel, FL 33957

$995,000

3 bd · 2.0 ba · 1,451 sqft · SingleFamily public records · 499 Days on market

Built 1969 0.34 ac lot Est $1117k · 11% under

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +12.4/15.0
• DSCR +10.0/10.0
• 1% rule +8.9/10.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

On the East End of Sanibel, down peaceful Anchor Drive sits this unique ground-level home with desirable canal boat dock and nearby beach access. Surrounded by natural green vegetation, this is the perfect island escape. Inside, custom built-in cabinetry and modern finishings provide a stylish flair. Decorate and furnish this home to your own taste. Fall in love with the spacious kitchen, complete with dark counters and cherry cabinetry. Tucked-away are the fridge and freezer with unique storage spaces found throughout. A large kitchen window slides open, allowing fresh air in, and easy access to dining on the screened lanai. Lounge in a hammock out back, or retreat to the master suite right from the yard. Master bath includes a glass walk-in shower and stylish bowl sink. Two spacious guestrooms feature built-in storage and guest bathroom. Bike or walk to the beach via deeded path. The canal has one bridge to boat under before open water. New roof and relined drain pipes in 2019.

Key facts

• Private boat dock
• Deeded path to beach
• Serene water views

Tags

• CANAL FRONT LOT
• PRIVATE BOAT DOCK
• DEEDED PATH TO BEACH
• LARGE KITCHEN WINDOW
• SCREENED LANAI
• SERENE WATER VIEWS

Property features AI

Finance

• Other: Private in-ground pool with pool equipment and screen enclosure; Waterfront property with canal access, mangrove and navigable water; Rectangular lot with paved road access and lot dimensions approximately 100 x 150; Property has known damage
• Financial info: Pets allowed
• HOA & community: Community amenities include beach rights, beach access, boat dock and boat ramp; Community features include boat facilities and non-gated community

Exterior

• Parking: Attached 2-car garage; Driveway parking; Unpaved parking
• Security: Security/high-impact doors
• Utilities: Public water; Public sewer; Cable available
• Home design: Single-story home; Shingle roof; Block, concrete and stucco construction; Faces southeast; Northwest exposure
• Construction: Built with block, concrete and stucco; Shingle roof
• Exterior features: Fenced yard; Patio and lanai with screened porch; Sprinkler/irrigation system (municipal source); Patio/porch

Interior

• Bedrooms: Great room; Screened porch
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fans; Zoned cooling
• Interior features: Bay windows and sliding impact glass windows; French doors; Entrance foyer; Living/dining room; Walk-in closets; Split bedroom layout; Cable TV; Bathtub; Separate shower
• Laundry & utility: Inside laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $995k.

Deal economics

• At list price, monthly cash flow is $4k ($46k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($14k rent vs $995k).
• Recommended offer: $876k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.4% vs local median 3.8% in Sanibel — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 67/100 on livability (#541 in FL) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, employment A+; Watch: housing D+, amenities F, commute F.
• Lee (suburban): math 47% / reading 50% proficiency, ranked #42 of 73 in FL (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 526 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $7k of loan paydown is wiped out by about $30k of value loss. Plan a longer hold.
• Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $279k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 499 days — a 12% lower offer ($876k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 10y ago; this cycle's ask has dropped $205k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $875,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 499 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.39% ✓
• Cap rate: 11.39%
• Cash-on-cash: 18.19%
• DSCR: 1.81
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $1,117,270
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1154 Harbor Cottage Ct	0.35mi	3/2.0	1,493 (+3%)	16mo	$1,150,000	$770	66

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 7.4%
• Equity multiple: 1.29×
• Total profit: $80,896
• Equity at exit: $148,358

10-year hold

• IRR: 16.7%
• Equity multiple: 2.38×
• Total profit: $383,209
• Equity at exit: $86,029

Cash invested: $278,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33957

• Home prices YoY: -15.7%
• Active inventory: 526
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $13,812 medium
• Mortgage (P&I): −$5,218
• Tax from tax record: −$1,056 /mo · $12,677/yr
• Insurance: −$415
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$2,901
• Net cashflow: $3,796

Break-even live

Break-even rent $9,007

Max offer price $995,000

Occupancy floor 68%

Sensitivity live

Price	-10% $4,359	-5% $4,078	+0% $3,796	+5% $3,514	+10% $3,233
Rent	-10% $2,705	-5% $3,250	+0% $3,796	+5% $4,342	+10% $4,887
Rate	-1.0pp $4,297	-0.5pp $4,049	base $3,796	+0.5pp $3,538	+1.0pp $3,276

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $248,750
• Closing costs: $29,850
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
827 E Gulf Dr Unit G8 Sanibel, FL	2.0	2.0	1040	$10,500	$10.10	25d	1	0.35mi
424 Lagoon Dr Sanibel, FL	3.0	2.0	1704	$18,200	$10.68	25d	1	0.54mi

Listing history 30 events

1. 2026-05-14
   status Pending
2. 2026-04-24
   status Active
3. 2026-04-20
   status Pending
4. 2025-08-06
   price $995,000
5. 2024-12-27
   listed $1,200,000 Active
6. 2021-08-24
   soldstatus $1,550,000
7. 2020-10-28
   soldstatus $830,000
8. 2020-10-23
   soldstatus $830,000 Closed 994-char remark

   Show marketing remark (994 chars)

   On the East End of Sanibel, down peaceful Anchor Drive sits this unique ground-level home with desirable canal boat dock and nearby beach access. Surrounded by natural green vegetation, this is the perfect island escape. Inside, custom built-in cabinetry and modern finishings provide a stylish flair. Decorate and furnish this home to your own taste. Fall in love with the spacious kitchen, complete with dark counters and cherry cabinetry. Tucked-away are the fridge and freezer with unique storage spaces found throughout. A large kitchen window slides open, allowing fresh air in, and easy access to dining on the screened lanai. Lounge in a hammock out back, or retreat to the master suite right from the yard. Master bath includes a glass walk-in shower and stylish bowl sink. Two spacious guestrooms feature built-in storage and guest bathroom. Bike or walk to the beach via deeded path. The canal has one bridge to boat under before open water. New roof and relined drain pipes in 2019.

9. 2020-10-12
   status Pending 994-char remark

   Show marketing remark (994 chars)

   On the East End of Sanibel, down peaceful Anchor Drive sits this unique ground-level home with desirable canal boat dock and nearby beach access. Surrounded by natural green vegetation, this is the perfect island escape. Inside, custom built-in cabinetry and modern finishings provide a stylish flair. Decorate and furnish this home to your own taste. Fall in love with the spacious kitchen, complete with dark counters and cherry cabinetry. Tucked-away are the fridge and freezer with unique storage spaces found throughout. A large kitchen window slides open, allowing fresh air in, and easy access to dining on the screened lanai. Lounge in a hammock out back, or retreat to the master suite right from the yard. Master bath includes a glass walk-in shower and stylish bowl sink. Two spacious guestrooms feature built-in storage and guest bathroom. Bike or walk to the beach via deeded path. The canal has one bridge to boat under before open water. New roof and relined drain pipes in 2019.

10. 2020-10-09
    price $829,000 994-char remark

    Show marketing remark (994 chars)

    On the East End of Sanibel, down peaceful Anchor Drive sits this unique ground-level home with desirable canal boat dock and nearby beach access. Surrounded by natural green vegetation, this is the perfect island escape. Inside, custom built-in cabinetry and modern finishings provide a stylish flair. Decorate and furnish this home to your own taste. Fall in love with the spacious kitchen, complete with dark counters and cherry cabinetry. Tucked-away are the fridge and freezer with unique storage spaces found throughout. A large kitchen window slides open, allowing fresh air in, and easy access to dining on the screened lanai. Lounge in a hammock out back, or retreat to the master suite right from the yard. Master bath includes a glass walk-in shower and stylish bowl sink. Two spacious guestrooms feature built-in storage and guest bathroom. Bike or walk to the beach via deeded path. The canal has one bridge to boat under before open water. New roof and relined drain pipes in 2019.

11. 2020-09-16
    price $830,000 994-char remark

    Show marketing remark (994 chars)

    On the East End of Sanibel, down peaceful Anchor Drive sits this unique ground-level home with desirable canal boat dock and nearby beach access. Surrounded by natural green vegetation, this is the perfect island escape. Inside, custom built-in cabinetry and modern finishings provide a stylish flair. Decorate and furnish this home to your own taste. Fall in love with the spacious kitchen, complete with dark counters and cherry cabinetry. Tucked-away are the fridge and freezer with unique storage spaces found throughout. A large kitchen window slides open, allowing fresh air in, and easy access to dining on the screened lanai. Lounge in a hammock out back, or retreat to the master suite right from the yard. Master bath includes a glass walk-in shower and stylish bowl sink. Two spacious guestrooms feature built-in storage and guest bathroom. Bike or walk to the beach via deeded path. The canal has one bridge to boat under before open water. New roof and relined drain pipes in 2019.

12. 2020-09-11
    price $849,000 994-char remark

    Show marketing remark (994 chars)

    On the East End of Sanibel, down peaceful Anchor Drive sits this unique ground-level home with desirable canal boat dock and nearby beach access. Surrounded by natural green vegetation, this is the perfect island escape. Inside, custom built-in cabinetry and modern finishings provide a stylish flair. Decorate and furnish this home to your own taste. Fall in love with the spacious kitchen, complete with dark counters and cherry cabinetry. Tucked-away are the fridge and freezer with unique storage spaces found throughout. A large kitchen window slides open, allowing fresh air in, and easy access to dining on the screened lanai. Lounge in a hammock out back, or retreat to the master suite right from the yard. Master bath includes a glass walk-in shower and stylish bowl sink. Two spacious guestrooms feature built-in storage and guest bathroom. Bike or walk to the beach via deeded path. The canal has one bridge to boat under before open water. New roof and relined drain pipes in 2019.

13. 2020-08-31
    status Active 994-char remark

    Show marketing remark (994 chars)

    On the East End of Sanibel, down peaceful Anchor Drive sits this unique ground-level home with desirable canal boat dock and nearby beach access. Surrounded by natural green vegetation, this is the perfect island escape. Inside, custom built-in cabinetry and modern finishings provide a stylish flair. Decorate and furnish this home to your own taste. Fall in love with the spacious kitchen, complete with dark counters and cherry cabinetry. Tucked-away are the fridge and freezer with unique storage spaces found throughout. A large kitchen window slides open, allowing fresh air in, and easy access to dining on the screened lanai. Lounge in a hammock out back, or retreat to the master suite right from the yard. Master bath includes a glass walk-in shower and stylish bowl sink. Two spacious guestrooms feature built-in storage and guest bathroom. Bike or walk to the beach via deeded path. The canal has one bridge to boat under before open water. New roof and relined drain pipes in 2019.

14. 2020-08-31
    price $850,000 994-char remark

    Show marketing remark (994 chars)

    On the East End of Sanibel, down peaceful Anchor Drive sits this unique ground-level home with desirable canal boat dock and nearby beach access. Surrounded by natural green vegetation, this is the perfect island escape. Inside, custom built-in cabinetry and modern finishings provide a stylish flair. Decorate and furnish this home to your own taste. Fall in love with the spacious kitchen, complete with dark counters and cherry cabinetry. Tucked-away are the fridge and freezer with unique storage spaces found throughout. A large kitchen window slides open, allowing fresh air in, and easy access to dining on the screened lanai. Lounge in a hammock out back, or retreat to the master suite right from the yard. Master bath includes a glass walk-in shower and stylish bowl sink. Two spacious guestrooms feature built-in storage and guest bathroom. Bike or walk to the beach via deeded path. The canal has one bridge to boat under before open water. New roof and relined drain pipes in 2019.

15. 2020-08-21
    status Pending 994-char remark

    Show marketing remark (994 chars)

    On the East End of Sanibel, down peaceful Anchor Drive sits this unique ground-level home with desirable canal boat dock and nearby beach access. Surrounded by natural green vegetation, this is the perfect island escape. Inside, custom built-in cabinetry and modern finishings provide a stylish flair. Decorate and furnish this home to your own taste. Fall in love with the spacious kitchen, complete with dark counters and cherry cabinetry. Tucked-away are the fridge and freezer with unique storage spaces found throughout. A large kitchen window slides open, allowing fresh air in, and easy access to dining on the screened lanai. Lounge in a hammock out back, or retreat to the master suite right from the yard. Master bath includes a glass walk-in shower and stylish bowl sink. Two spacious guestrooms feature built-in storage and guest bathroom. Bike or walk to the beach via deeded path. The canal has one bridge to boat under before open water. New roof and relined drain pipes in 2019.

16. 2020-07-27
    price $875,000 994-char remark

    Show marketing remark (994 chars)

    On the East End of Sanibel, down peaceful Anchor Drive sits this unique ground-level home with desirable canal boat dock and nearby beach access. Surrounded by natural green vegetation, this is the perfect island escape. Inside, custom built-in cabinetry and modern finishings provide a stylish flair. Decorate and furnish this home to your own taste. Fall in love with the spacious kitchen, complete with dark counters and cherry cabinetry. Tucked-away are the fridge and freezer with unique storage spaces found throughout. A large kitchen window slides open, allowing fresh air in, and easy access to dining on the screened lanai. Lounge in a hammock out back, or retreat to the master suite right from the yard. Master bath includes a glass walk-in shower and stylish bowl sink. Two spacious guestrooms feature built-in storage and guest bathroom. Bike or walk to the beach via deeded path. The canal has one bridge to boat under before open water. New roof and relined drain pipes in 2019.

17. 2020-06-24
    price $889,000 994-char remark

    Show marketing remark (994 chars)

    On the East End of Sanibel, down peaceful Anchor Drive sits this unique ground-level home with desirable canal boat dock and nearby beach access. Surrounded by natural green vegetation, this is the perfect island escape. Inside, custom built-in cabinetry and modern finishings provide a stylish flair. Decorate and furnish this home to your own taste. Fall in love with the spacious kitchen, complete with dark counters and cherry cabinetry. Tucked-away are the fridge and freezer with unique storage spaces found throughout. A large kitchen window slides open, allowing fresh air in, and easy access to dining on the screened lanai. Lounge in a hammock out back, or retreat to the master suite right from the yard. Master bath includes a glass walk-in shower and stylish bowl sink. Two spacious guestrooms feature built-in storage and guest bathroom. Bike or walk to the beach via deeded path. The canal has one bridge to boat under before open water. New roof and relined drain pipes in 2019.

18. 2020-05-05
    listed $899,000 Active 994-char remark

    Show marketing remark (994 chars)

    On the East End of Sanibel, down peaceful Anchor Drive sits this unique ground-level home with desirable canal boat dock and nearby beach access. Surrounded by natural green vegetation, this is the perfect island escape. Inside, custom built-in cabinetry and modern finishings provide a stylish flair. Decorate and furnish this home to your own taste. Fall in love with the spacious kitchen, complete with dark counters and cherry cabinetry. Tucked-away are the fridge and freezer with unique storage spaces found throughout. A large kitchen window slides open, allowing fresh air in, and easy access to dining on the screened lanai. Lounge in a hammock out back, or retreat to the master suite right from the yard. Master bath includes a glass walk-in shower and stylish bowl sink. Two spacious guestrooms feature built-in storage and guest bathroom. Bike or walk to the beach via deeded path. The canal has one bridge to boat under before open water. New roof and relined drain pipes in 2019.

19. 2018-09-06
    soldstatus $850,000
20. 2018-09-05
    soldstatus $850,000 Sold 1076-char remark

    Show marketing remark (1076 chars)

    Unique, simple, yet stylish, easy-living ground-level canal-front home modernized to perfection & in private natural setting near end of private paver cul-de-sac just minutes to a Sanibel Estates deeded beach access. Split-plan design centered around great room living area that flows onto screened lanai. All new windows & doors. New plumbing, piping, electrical, & ducting replaced. Sardinia limestone floors throughout including on lanai & two outer deck areas, each accessible from bedroom sliders. Custom cabinetry, detail finishes, high-end fixtures, mahogany woodwork, & thoughtful appointments including surround sound, recessed lighting, separate utility room with pantry, & reinsulated ceilings. Mature well-tended landscaping. Canal side, it has boat dock with natural view to end of Windlass Way. Canal area improved with new riprap & mangrove plantings. HVAC system replaced. Paver driveway apron being installed mid-June. Furnishings (less art & a few decorative pieces) negotiable. $20K Seller concession at closing.

21. 2018-08-17
    status Pending 1076-char remark

    Show marketing remark (1076 chars)

    Unique, simple, yet stylish, easy-living ground-level canal-front home modernized to perfection & in private natural setting near end of private paver cul-de-sac just minutes to a Sanibel Estates deeded beach access. Split-plan design centered around great room living area that flows onto screened lanai. All new windows & doors. New plumbing, piping, electrical, & ducting replaced. Sardinia limestone floors throughout including on lanai & two outer deck areas, each accessible from bedroom sliders. Custom cabinetry, detail finishes, high-end fixtures, mahogany woodwork, & thoughtful appointments including surround sound, recessed lighting, separate utility room with pantry, & reinsulated ceilings. Mature well-tended landscaping. Canal side, it has boat dock with natural view to end of Windlass Way. Canal area improved with new riprap & mangrove plantings. HVAC system replaced. Paver driveway apron being installed mid-June. Furnishings (less art & a few decorative pieces) negotiable. $20K Seller concession at closing.

22. 2018-07-06
    status Pending With Contingencies 1076-char remark

    Show marketing remark (1076 chars)

    Unique, simple, yet stylish, easy-living ground-level canal-front home modernized to perfection & in private natural setting near end of private paver cul-de-sac just minutes to a Sanibel Estates deeded beach access. Split-plan design centered around great room living area that flows onto screened lanai. All new windows & doors. New plumbing, piping, electrical, & ducting replaced. Sardinia limestone floors throughout including on lanai & two outer deck areas, each accessible from bedroom sliders. Custom cabinetry, detail finishes, high-end fixtures, mahogany woodwork, & thoughtful appointments including surround sound, recessed lighting, separate utility room with pantry, & reinsulated ceilings. Mature well-tended landscaping. Canal side, it has boat dock with natural view to end of Windlass Way. Canal area improved with new riprap & mangrove plantings. HVAC system replaced. Paver driveway apron being installed mid-June. Furnishings (less art & a few decorative pieces) negotiable. $20K Seller concession at closing.

23. 2018-05-21
    price $899,000 1076-char remark

    Show marketing remark (1076 chars)

    Unique, simple, yet stylish, easy-living ground-level canal-front home modernized to perfection & in private natural setting near end of private paver cul-de-sac just minutes to a Sanibel Estates deeded beach access. Split-plan design centered around great room living area that flows onto screened lanai. All new windows & doors. New plumbing, piping, electrical, & ducting replaced. Sardinia limestone floors throughout including on lanai & two outer deck areas, each accessible from bedroom sliders. Custom cabinetry, detail finishes, high-end fixtures, mahogany woodwork, & thoughtful appointments including surround sound, recessed lighting, separate utility room with pantry, & reinsulated ceilings. Mature well-tended landscaping. Canal side, it has boat dock with natural view to end of Windlass Way. Canal area improved with new riprap & mangrove plantings. HVAC system replaced. Paver driveway apron being installed mid-June. Furnishings (less art & a few decorative pieces) negotiable. $20K Seller concession at closing.

24. 2018-01-30
    price $949,000 1076-char remark

    Show marketing remark (1076 chars)

    Unique, simple, yet stylish, easy-living ground-level canal-front home modernized to perfection & in private natural setting near end of private paver cul-de-sac just minutes to a Sanibel Estates deeded beach access. Split-plan design centered around great room living area that flows onto screened lanai. All new windows & doors. New plumbing, piping, electrical, & ducting replaced. Sardinia limestone floors throughout including on lanai & two outer deck areas, each accessible from bedroom sliders. Custom cabinetry, detail finishes, high-end fixtures, mahogany woodwork, & thoughtful appointments including surround sound, recessed lighting, separate utility room with pantry, & reinsulated ceilings. Mature well-tended landscaping. Canal side, it has boat dock with natural view to end of Windlass Way. Canal area improved with new riprap & mangrove plantings. HVAC system replaced. Paver driveway apron being installed mid-June. Furnishings (less art & a few decorative pieces) negotiable. $20K Seller concession at closing.

25. 2017-11-10
    listed $999,000 Active 1076-char remark

    Show marketing remark (1076 chars)

    Unique, simple, yet stylish, easy-living ground-level canal-front home modernized to perfection & in private natural setting near end of private paver cul-de-sac just minutes to a Sanibel Estates deeded beach access. Split-plan design centered around great room living area that flows onto screened lanai. All new windows & doors. New plumbing, piping, electrical, & ducting replaced. Sardinia limestone floors throughout including on lanai & two outer deck areas, each accessible from bedroom sliders. Custom cabinetry, detail finishes, high-end fixtures, mahogany woodwork, & thoughtful appointments including surround sound, recessed lighting, separate utility room with pantry, & reinsulated ceilings. Mature well-tended landscaping. Canal side, it has boat dock with natural view to end of Windlass Way. Canal area improved with new riprap & mangrove plantings. HVAC system replaced. Paver driveway apron being installed mid-June. Furnishings (less art & a few decorative pieces) negotiable. $20K Seller concession at closing.

26. 2016-03-31
    historical
27. 2016-03-16
    listed $999,000
28. 2004-05-19
    soldstatus $785,000
29. 2000-01-25
    soldstatus $459,000
30. 1984-07-01
    soldstatus $170,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $12,677 · $1,056/mo
• Projected year-2 tax: $12,677 · $1,056/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥113°F today · 26 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $165,744
• − Mortgage interest: −$55,735
• − Property taxes: −$12,677
• − Insurance: −$10,094
• − Repairs & maintenance: −$13,260
• − Management: −$13,260
• − Depreciation: −$28,945
• Taxable income: $31,774
• Est. tax owed @ 24.0%: −$7,626
• After-tax cash flow: $37,927/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lee
• NCES district ID: 1201080
• Math proficiency: 47% ▼ -11.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $49,518
• Composite: 41.49/100
• National rank: #3458
• State rank: #42 of 73 in FL

Livability — Sanibel

• Score: 67/100
• State rank: #541
• US rank: #10166

Category grades

Amenities F Commute F Cost of living F Crime A+ Employment A+ Housing D+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sanibel, FL
• City population: 6,402
• Population (ZIP): 6,402

Population outlook (Lee County) Hauer SSP2

• Today (2025): 871,946 people
• By 2030: 955,468 · +9.6%
• By 2040: 1,113,587 · +27.7%
• By 2050: 1,256,891 · +44.1%
• By 2075: 1,560,270 · +78.9%
• By 2100: 1,726,848 · +98.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 2% Asian 1%
• Common ancestry: Italian 4% Romanian 4% Slovak 2%
• Foreign-born: 5% · Canada, China
• Languages at home: 96% English-only · German/W. Germanic 1% Spanish 1% French/Haitian/Cajun 1%

Political lean MEDSL · Lee

• 2024 margin: Strong R (+28.4) · D 35.5% · R 63.9%
• 2008→2024 swing: -18.0pp toward R · 2008: -10.4pp · 2024: -28.4pp
• All cycles: 2024: R+28.4 2020: R+19.2 2016: R+20.4 2012: R+16.6 2008: R+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -93.08%
• Current HPI: 501.0
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+485.3% since first listed

30 events — show timeline

• 2026-05-14 Pending — FORTMLS
• 2026-04-24 Relisted — FORTMLS
• 2026-04-20 Pending — FORTMLS
• 2025-08-06 Price Changed $995,000 FORTMLS
• 2024-12-27 Listed $1,200,000 FORTMLS
• 2021-08-24 Sold (Public Records) $1,550,000 Public Records
• 2020-10-28 Sold (Public Records) $830,000 Public Records
• 2020-10-23 Sold (MLS) $830,000 FORTMLS
• 2020-10-12 Pending — FORTMLS
• 2020-10-09 Price Changed $829,000 FORTMLS
• 2020-09-16 Price Changed $830,000 FORTMLS
• 2020-09-11 Price Changed $849,000 FORTMLS
• 2020-08-31 Relisted — FORTMLS
• 2020-08-31 Price Changed $850,000 FORTMLS
• 2020-08-21 Pending — FORTMLS
• 2020-07-27 Price Changed $875,000 FORTMLS
• 2020-06-24 Price Changed $889,000 FORTMLS
• 2020-05-05 Listed $899,000 FORTMLS
• 2018-09-06 Sold (Public Records) $850,000 Public Records
• 2018-09-05 Sold (MLS) $850,000 FORTMLS
• 2018-08-17 Pending — FORTMLS
• 2018-07-06 Pending — FORTMLS
• 2018-05-21 Price Changed $899,000 FORTMLS
• 2018-01-30 Price Changed $949,000 FORTMLS
• 2017-11-10 Listed $999,000 FORTMLS
• 2016-03-31 Listing Removed — FORTMLS
• 2016-03-16 Listed $999,000 FORTMLS
• 2004-05-19 Sold (Public Records) $785,000 Public Records
• 2000-01-25 Sold (Public Records) $459,000 Public Records
• 1984-07-01 Sold (Public Records) $170,000 Public Records

Property tax history

+5.2%/yr

Latest (2025): $12,677 · -18.7% YoY. Source: county tax records.