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    231 Palm Lake Dr Sanibel, FL 33957

    For Sale
    $595,000

    LAND - Sanibel, FL

    Lot size:
    0.36 Acres
    Days on Market:
    132
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 231 Palm Lake Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Brush
    APN
    34-46-22-T2-0080B.0100
    Lot size
    0.36 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    Lake
    Water front
    1

    Royal Shell Real Estate, Inc. (239) 689-7653 [email protected]

    Listing agent Catherine Rosario (239) 464-2249 License #258001372

    Listing date Aug 4, 2025

    MLS# 2025004330 Listing URL

    Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sanibel Land Near Beach Access

    This vacant lot is located in the Palm Lake community off West Gulf Drive in Sanibel's West End. The property borders Palm Lake and is two lots from West Gulf Drive, offering a short walk to the beach via deeded beach access. The lot, previously cleared of a cottage, retains its trees and vegetation. Measuring 100 feet across the front and back and 155 feet deep, the 0.363-acre property provides ample space for building a new home. This buildable property offers a desirable location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Clothing Store Auto Repair Shop Kitchen & Bath Bar & Pub Hotel & Motel Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sanibel
    County
    Lee
    State
    Florida
    Longitude
    -82.092828
    Latitude
    26.426584

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    FAQs

    What type of property is this?
    Residential land & home lot - Buildable lot near beach with deeded access and lake views.
    Where is this residential land & home lot located?
    The property is located at 231 Palm Lake Dr Sanibel, FL.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - Prime Sanibel location: Just 2 lots from West Gulf Drive in the desirable West End.; - Deeded beach access: Enjoy a short 2-minute walk to the beach.; - Lakefront property: Borders beautiful Palm Lake.
    (239) 464-2249
    Request Owner's contact information
    231 Palm Lake Dr Sanibel, FL 33957
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    Sanibel, FL 33957
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    231 Palm Lake Dr Sanibel, FL 33957
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