766 Donax St, Sanibel, FL 33957

$500,000
4
BD
2.5
BA
1,184
SqFt

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Sold Price
$500,000
List Price
$699,000
Listing Price
$699,000
Days on Market
245
Closing Date
Jan 25, 2024
MLS#
223039958
Bedrooms
4
Bathrooms
2.5
Living Sq. Ft
1,184
Total Area
2,642
Acres
0.23
Property Class
Single Family Residential
Building Design
Single Family Residence
County
Lee
Region
SI01 - Sanibel Island
Development
Sanibel Shores
Subdivision
Sanibel Shores

Property Description

Looking for a rare gem on Sanibel? You've found it! This charming duplex home has incredible investment potential, and is waiting for someone to restore it to its former glory. Although it was damaged by Hurricane Ian, the main structure remains incredibly strong thanks to its concrete block construction, metal roof, and impact glass throughout. It even has a pool! With a little love and attention, this home could be transformed into an oasis in paradise. The duplex setup offers versatility and flexibility as a second home and/or investment property, making it ideal for a variety of living arrangements. And with Sanibel's unparalleled natural beauty right at your doorstep, you'll never want to leave. A very short walk to the Gulf of Mexico beaches makes this the perfect starter home for someone wanting to become part of the great Sanibel comeback. So why wait? Come see this diamond in the rough and make it your very own Sanibel dream home! WHEN RESTORED POTENTIAL RENTAL INCOME $60K PER YEAR.

Additional Information

Year Built
1973
furnished
Unfurnished
Pets
No Approval Needed
Amenities
None, Non-Gated
View
Mangroves
Boat Access
None
Waterfront Description
None
Pool
Yes
Pool Description
In Ground
Lot Description
Regular
Lot Frontage
1
Construction
Concrete Block, Stucco
Parking
2+ Spaces, Circular Driveway
Roof
Metal
Flooring
Tile
Windows
Impact Resistant, Impact Resistant Windows
Exterior Features
None
Water
Assessment Paid
Sewer
Assessment Paid
Cooling
Central Electric
Irrigation
Assessment Paid
Interior Features
Great Room, Den - Study, Guest Room
Equipment/Appliances Included
None
Kitchen
Kitchen Island
Master Bath Description
None
Total Tax Bill
$6,091
Tax Year
2022
Total Floors
1
Min. Days Of Lease
28
Num of Leases/Yr
12

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of John R. Wood Properties. Selling Office: John R. Wood Properties.