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Duplex with Elevator and Screened Lanai
For Sale
$1,725,000

5423 Shearwater Drive, Sanibel, FL 33957

MULTI_FAMILY - Other - Sanibel, FL

Property Size2,621 SF
Lot Size0.07 Acres
Price / SF$658.15
Days on Market223

Property Features for 5423 Shearwater Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Dining Room, Bathroom 3, Bathroom 2
Parking features Driveway, Garage, Underground/Basement, Open
Patio and Porch features Porch
Pets allowed Yes
Interior features BreakfastBar, DualSinks, EntranceFoyer, HighCeilings, LivingDiningRoom, ShowerOnly, SeparateShower
Appliances Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
Subdivision HERONS LANDINGS II
Lot features Cul De Sac
View Water
Directions USE GPS
Standard status Active
APN 13-46-21-T2-00400.E0A0
Size 2,621 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HERONS LANDING PHASE II PB 44 PGS 6 + 7 TRACT E UNIT A
Tax Annual Amount 24365
HOA Fee $3,794 Annually
Legal Description HERONS LANDING PHASE II PB 44 PGS 6 + 7 TRACT E UNIT A

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Electric, Central Air
Water source Public
Water front 1

Amenities

screened lanai
open sun porch
elevator

Building Details

Year built 2002
Floors in Building 2
Flooring type Carpet, Wood, Tile
Building materials Stucco, VinylSiding
Roof type Metal, Flat, Built-Up
Architectural style Other
Listing Agency: Pfeifer Realty Group LLC
Listed By: Jennifer McSorley · License #258010375
Added: Jan 3 Changed: Aug 4 Last Checked: Aug 14 at 6:06AM
MLS# 2026000168

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This duplex features two floors of living space with a screened lanai and an open sun porch, plus abundant windows and a vaulted ceiling in the living room. The living area opens from a kitchen and dining room into a great room that looks out over the water. Two en suite guest bedrooms are on the main level, while the primary suite occupies the full top floor and includes an open porch. An elevator serves all three floors, from the enclosed garage to the primary suite.

Built in 2002, the home is finished with stucco and vinyl siding and includes wood, carpet, and tile flooring. Heating is electric with central heating, and cooling is central air with electric support and ceiling fans. The property is served by public water and public sewer, and it has a metal/flat/built-up roof. Parking includes an underground/basement area, open parking, a garage, and a driveway.

Practical in-home amenities include a breakfast bar, dual sinks, and an entrance foyer, along with kitchen appliances such as a dishwasher, disposal, microwave, range, and refrigerator, plus washer and dryer.

Key Highlights

  • Duplex with screened lanai and open sun porch overlooking Gulf and Clam Bayou views
  • Elevator services all three floors from the enclosed garage to the primary suite
  • 0.074‑acre lot and 2,621 SF total property size

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Travel Agency Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 33957, FL

6,382
Population
8,525
Households
0.7
Avg Household Size
68
Median Age
62%
College-Educated
99%
High-School Grad
16.2 sq mi
ZIP Area
394
Density / Sq Mi
$122,730
Median Household Income
$44,840
Median Earnings
$747
Median Rent
$912,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with elevator service, screened lanai, and water views with public water and public sewer.
Where is this duplex located?
The property is located at 5423 Shearwater Drive Sanibel, FL.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Duplex with screened lanai and open sun porch overlooking Gulf and Clam Bayou views; Elevator services all three floors from the enclosed garage to the primary suite; 0.074‑acre lot and 2,621 SF total property size
More about this property
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