SanCap Gateway Realty | 11 ISLAND INN RD, SANIBEL, FL 33957
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11 Island Inn RD
SANIBEL, FL 33957

$995,555

Type: Lots / Land
Listing #217034183
Extremely rare offering. This 2.3 acre parcel, according to the survey, should have room for five dwelling units. It is combined with a second, abutting out parcel known as Lot #14, Cardinal Ridge. The parcel has recently been cleared of pepper and has great views facing west. It has a deeded beach access running next to the Hurricane House on West Gulf Drive. Ideal location for townhouses or a cluster development. Great opportunity for someone looking to build a family compound or small development. Located predominately in D-2 Ecological Zone, this property has 100,204 sq. ft. With 25% impermeable this should allow for 25,051 of coverage and 30% total developed area (30,061 sq. ft.). The 21 foot high spoil mound located on the parcel could be used to raise the base elevation of the developed area to allow the homes to be built at grade. The base flood elevation at this location is AE-9. Access to the parcels would be through Island Inn Road. Monthly rentals only.
Property Features
Location Information
County: Lee
Development: METES AND BOUNDS
MLS Area: SI01 - Sanibel Island
Exterior Features
Water / Sewer: Assessment Unpaid, Central
Water: Central
Utilities On Site: Cable, Electric, Irrigation Water, Phone Line, Sewer, Trash Removal, Water
Lot Description: Irregular Shape, See Remarks, Oversize
Lot Size in Acres: 1.793
Possible Best Use: Suburb
Best Use: Multi_MF, Multi_SF
Documents Available: Aerial, Survey, Topography
Improvements: Cleared, Partly Filled, See Remarks
Road Description: City Maintained, Gravel, Legal Access, Public Road
Waterfront Description: Lake
View Description: Lake
Additional Information
Property Type: LL
Property SubType: Acreage
Status: Active
Boat Access: None
Maintenance: None
Tax Year: 2016
Tax Amount: 1, 962.65


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
VIP Realty Group,Inc
The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of the Bonita Springs-Estero Association of REALTORS®, Florida Gulf Coast Multiple Listing Service, Inc., and the M.L.S. of Naples, Inc. Properties listed with brokerage firms other than SanCap Gateway Realty are marked with the BR Icon and detailed information about them includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties available through the BR Program.
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2018 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
Southwest Florida data last updated at February 21, 2018 5:05 AM ET