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    Property profile & analytics

    Bay Dr Sanibel, FL 33957

    • Research & development properties
    • 19.16 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-7420074
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Research & development properties

    Property Details for Bay Dr

    Lot size
    19.16 lot acres
    Property type
    Research & development properties
    APN
    18-46-23-T3-00007.0000
    APU
    184623T3000070000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sanibel
    County
    Lee
    State
    Florida
    Longitude
    -82.0446
    Latitude
    26.4568
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,294
    $90,000
    $0.00
    $90,000
    -
    $90,000
    $0.00
    $90,000

    Comparable in this City

    • Value Estimation
      $5,965,000
      0.31 Acres

      1349 Bay Dr

      WASTE DISPOSAL, SEWAGE • 0.31 Acres
      1349 Bay Dr, Sanibel, FL 33957-3513
      View Details
    • Value Estimation by Request
      11.00 Acres

      Sanibel, FL 33957

      WASTE DISPOSAL, SEWAGE • 11.00 Acres
      Sanibel, FL 33957
      View Details
    • Value Estimation
      $240,000
      0.33 Acres

      2505 Is Inn Rd

      WASTE DISPOSAL, SEWAGE • 0.33 Acres
      2505 Is Inn Rd, Sanibel, FL 33957
      View Details
    • Value Estimation by Request
      1.00 Acre

      Sanibel, FL 33957

      WASTE DISPOSAL, SEWAGE • 1.00 Acre
      Sanibel, FL 33957
      View Details
    • Value Estimation by Request
      7.00 Acres

      Wildlife Preserve

      WASTE DISPOSAL, SEWAGE • 7.00 Acres
      Wildlife Preserve, Sanibel, FL 33957
      View Details
    • Value Estimation by Request
      5.00 Acres

      Sanibel, FL 33957

      WASTE DISPOSAL, SEWAGE • 5.00 Acres
      Sanibel, FL 33957
      View Details

    Similar Nearby for Sale

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      0.84 Acres

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      Income-producing commercial property on Sanibel Island with high visibility.
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      Desirable gulf front lot in a serene seaside community.
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      Cleared homesite overlooking the Sanibel River and golf course.
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      Land available on Sanibel, Florida.
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    Similar Nearby for Lease

    • $30 SF/Yr
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      Sanibel Office Space For Rent

      Second floor office space available on Periwinkle Way.
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    • Contact for pricing
      3,226 SF

      Sanibel Office Space Available

      Office space available for rent in Sanibel, Florida.
      4301 Sanibel Captiva Rd, Sanibel, FL 33957
      View Details
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    Bay Dr
    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
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