3 months on rocket

220 Palm Lake Dr, Sanibel, FL, 33957

$1,099,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,774 SqFt
$620/SqFt
House
Schools Nearby

Location

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220 Palm Lake Dr, Sanibel$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Underground, Garage, Two Spaces
Attached Garage2 spaces
Year Built1987
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontNone
ViewOther
MLS #224005989
Lot Size0.35 Acres
StatusActive

About 220 Palm Lake Dr

SELLER FINANCING AVAILABLE for this outstanding near beach home. Enjoy walking on the beach every day from this charming Sanibel home - just off West Gulf Drive. Steps to the Beach, Attached Guest House, Comfortably Sleeps 8 to 10. Allows 28 day minimum rentals. Elevated Home, Seller believes there is room for a pool - buyer to verify. This home features a main house plus a 380 sqft guest pod - great for getaways with family members and/or friends! Walk the deeded path to the beach in just a few minutes! The location + private guest suite accommodations = perfect vacation home or seasonal rental. Inside the main house, you'll enjoy natural light, tall vaulted ceilings, shiplap walls, a wood-burning fireplace, a primary bedroom and seating area, a guest bedroom and a den that currently houses a built in bunk, plus an open floor plan! A covered screened lanai joins the main house to the guest pod. The suite has plenty of space for sleeping and relaxing plus it's own full bathroom.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida, Other, Two Story
  • Year Built: 1987
  • Stories: 2
  • Living Area: 1,774 SqFt

Listing Office:

  • Office Name: McCallion and McCallion
  • Office Phone: (239) 472-1950
  • Listing Agent: Susan McCallion

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Flooring Type: Other, Tile
  • Interior: Dual Sinks, Eat-in Kitchen, Fireplace, High Ceilings, Kitchen Island, Living/Dining Room, Shower Only, Separate Shower, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other
  • Exterior: Other, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Underground, Garage, Two Spaces

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Cypress Lake High School, Public Magnet Grades 9-12
  • South Fort Myers High School, Public District Grades 9-12
  • Estero High School, Public District Grades 9-12
  • The Sanibel School, Public District Grades PK-8
  • Heights Elementary School, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000
  • Price Per SqFt: $620/SqFt

HOA Fees:

  • Amount: $25
  • Frequency: Annually

Tax Information:

  • Annual Amount: $7,382
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sanibel, FL.

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Sanibel, FL

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$553

Avg. Days On Market

76

# of Sold Homes

44

220 Palm Lake Dr vs Sanibel

103 DAYS ON ROCKET

+27 Days

$1,099,000

+$99K More

$620/SqFt

+$67 More

KEY TAKEAWAY

This property is $99K more than the Median Sold Price and $67/SqFt more than other homes in Sanibel, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224005989

Listing Office:

  • Office Name: McCallion and McCallion
  • Office Phone: (239) 472-1950
  • Listing Agent: Susan McCallion

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 10:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 01, 2015Home Sold
$520,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,382$523,247
2019$7,607$536,189
2018$7,690$531,608
2017$7,689$520,674

History based on county public records data.

Payment Calculator

$5,555

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,361

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4426705
9
/10

  • The Sanibel School

  • 3840 Sanibel Captiva Rd

  • 2.03 miles

  • Public District Grades PK-8

school-card-donut-4426706
7
/10

  • Heights Elementary School

  • 15200 Alexandria Ct

  • 12.23 miles

  • Public Magnet Grades PK-5

High School

school-card-donut-4426707
4
/10

  • Cypress Lake High School

  • 6750 Panther Ln

  • 14.18 miles

  • Public Magnet Grades 9-12

school-card-donut-4426708
2
/10

  • South Fort Myers High School

  • 14020 Plantation Rd

  • 16.89 miles

  • Public District Grades 9-12

school-card-donut-4426709
3
/10

  • Estero High School

  • 21900 River Ranch Rd

  • 18.36 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,059. Typical income of Sanibel, FL residents is less than $35k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 220 Palm Lake Dr

What is the listing price of this property?

The listing price of 220 Palm Lake Dr property is $1,099,000.

What type of property is this?

The property 220 Palm Lake Dr is a house located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 220 Palm Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 220 Palm Lake Dr are:
The Sanibel School: GreatSchools Rating 9/10
Heights Elementary School: GreatSchools Rating 7/10
Cypress Lake High School: GreatSchools Rating 4/10
South Fort Myers High School: GreatSchools Rating 2/10
Estero High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,382 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 1, 2015 for $520,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 220 Palm Lake Dr has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 220 Palm Lake Dr is 1,774 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 220 Palm Lake Dr is 1987.

Rocket Homes›Florida›Lee County›Sanibel›33957›220 Palm Lake Dr

This home is located at 220 Palm Lake Dr in Sanibel, FL and zip code 33957. This 1,774 square foot home, which was built in 1987, sits on a 0.35 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $1,099,000.

Sanibel, FL housing market in April 2024 saw over 2 listings sold above listed price, more than 5 sold at listed price and over 37 sold below. Between March 2024 and April 2024, Sanibel, FL real estate market has seen decrease in the number of listings by 1%. Listings spent 76 days on the market in April 2024, and had a median list price of $1,000,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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