Updated Townhouse with Screened
974 Greenwood Court S Sanibel, FL 33957
974 Greenwood Court S, Sanibel, FL, 33957
$649,900
For Sale
$649,900
MULTI_FAMILY - Other - Sanibel, FL
Property Size1,421 SF
Lot Size0.19 Acres
Price / SF$457.35
Days on Market69
Property Features for 974 Greenwood Court S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Family Room, Bathroom 3, Dining Room, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
- Parking features
- Open, Garage, Covered, Driveway
- Security features
- Security
- Window features
- Shutters
- Patio and Porch features
- Porch, Patio, Deck
- Pets allowed
- Yes
- Interior features
- BreakfastBar, DualSinks, KitchenIsland, LivingDiningRoom, MainLevelPrimary, Pantry, SittingAreaInPrimary, TubShower, CableTv, VaultedCeilings, SplitBedrooms
- Exterior features
- Deck, SecurityHighImpactDoors, OutdoorGrill, Patio, Storage
- Appliances
- Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 20-46-23-T1-01303.0050
- Size
- 1,421 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- GREENWOOD VIL AT THE DUNES PB 34 PG 40 LOT 3 AKA UNIT 5
- Tax Annual Amount
- 7295
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1981
- Floors in Building
- 2
- Flooring type
- Vinyl, Tile
- Building materials
- Stucco, WoodSiding, WoodFrame
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing Agency
Pfeifer Realty Group LLC
(239) 472-0004
1630-I Periwinkle Way, Sanibel, FL
Listed by
Kelly Huguenin · License #280596876
(423) 903-4684
Added: May 11 Checked: Jul 18 at 7:06 pm
MLS# 2026020743
Listing URL
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 updated townhouse offers 3 bedrooms and 2.5 bathrooms across 1,421 square feet, plus a screened-in porch. Interior finishes include modern tile floors, light grey walls, and vaulted ceilings, with skylights and white shiplap accents helping create an open, bright feel. The home also features large impact windows and doors.
A fully remodeled kitchen anchors the main living area with brand-new white craftsman-style cabinetry, warm grey granite countertops, and stainless-steel appliances. Outside, the property is set on a quiet dead-end street and is described as surrounded by lush woods in the Dunes neighborhood.
The listing notes convenience to island activities, including an approximate 5-minute walk to the beach. The site area is 0.186 acres.
A fully remodeled kitchen anchors the main living area with brand-new white craftsman-style cabinetry, warm grey granite countertops, and stainless-steel appliances. Outside, the property is set on a quiet dead-end street and is described as surrounded by lush woods in the Dunes neighborhood.
The listing notes convenience to island activities, including an approximate 5-minute walk to the beach. The site area is 0.186 acres.
Key Highlights
- 3‑bedroom, 2.5‑bath townhouse built in 1981 with vaulted ceilings and split‑bedroom layout
- Fully remodeled kitchen with new cabinetry, granite countertops, and stainless‑steel appliances including dishwasher, microwave, range, and refrigerator
- Impact‑resistant features with high‑impact doors and large impact windows and doors
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.1k | $19.80 |
| − Vacancy | −$1.3k | −$0.89 |
| EGI | $26.9k | $18.91 |
| − OpEx | −$8.1k | −$5.67 |
| NOI | $18.8k | $13.24 |
1,421 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$268.7K
$235.1K – $313.5K
NOI $18,809 @ 7.0% cap · market cap 2.89%
Second Best
Apartment 5plus
$249.0K
$217.9K – $290.5K
NOI $17,430 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$447.2K
$391.3K – $521.8K
NOI $31,307 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated townhouse featuring impact windows and doors, vaulted ceilings, and a remodeled kitchen with stainless appliances.
Where is this duplex located?
The property is located at 974 Greenwood Court S Sanibel, FL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 3‑bedroom, 2.5‑bath townhouse built in 1981 with vaulted ceilings and split‑bedroom layout; Fully remodeled kitchen with new cabinetry, granite countertops, and stainless‑steel appliances including dishwasher, microwave, range, and refrigerator; Impact‑resistant features with high‑impact doors and large impact windows and doors
