5 months on rocket

327 Palm Lake Dr, Sanibel, FL, 33957

$729,000

0.36 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
WaterfrontLake Front
ViewLake
MLS #223084996
Lot Size0.36 Acres
StatusActive

About 327 Palm Lake Dr

Amazing Opportunity to build your Dream Beach House!! Greeted by mature Royal Palms lining the property. Very Spacious vacant lot just steps to the Beautiful Beaches of Sanibel!! So close to the beach that you can hear the waves!! Spacious lot is overlooking the length of the lake for wonderful serene lake views. Sanibel's well known Bike Path is along the front of the property providing easy bike access to all of Sanibel! Best value for a new home site extremely close to the beach along West Gulf Drive.

Property Details

Property Features

Listing Office:

  • Office Name: John R. Wood Properties
  • Office Phone: (239) 472-2411
  • Listing Agent: Brooks Selby

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake

Lot Features

Lot Information:

  • Lot: Corner Lot, Irregular Lot, Oversized Lot
  • Lot Size: 0.36 Acres

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: $729,000

Tax Information:

  • Annual Amount: $11,489
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$553

Avg. Days On Market

76

# of Sold Homes

44

327 Palm Lake Dr vs Sanibel

170 DAYS ON ROCKET

+94 Days

$729,000

-$271K Less

KEY TAKEAWAY

This property is $271K less than the Median Sold Price in Sanibel, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #223084996

Listing Office:

  • Office Name: John R. Wood Properties
  • Office Phone: (239) 472-2411
  • Listing Agent: Brooks Selby

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: 5/6/2024, 12:55:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 23, 2008Home Sold
$525,000
Mar 26, 1999Home Sold
$239,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,489$735,634
2019$11,694$745,320
2018$12,026$751,894
2017$10,855$709,786

History based on county public records data.

Payment Calculator

$3,706

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,252

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-6756215
9
/10
  • The Sanibel School

  • 3840 Sanibel Captiva Rd

  • 1.89 miles

  • Public District Grades PK-8

school-card-donut-6756216
7
/10
  • Heights Elementary School

  • 15200 Alexandria Ct

  • 12.36 miles

  • Public Magnet Grades PK-5

High School

school-card-donut-6756217
4
/10
  • Cypress Lake High School

  • 6750 Panther Ln

  • 14.31 miles

  • Public Magnet Grades 9-12

school-card-donut-6756218
2
/10
  • South Fort Myers High School

  • 14020 Plantation Rd

  • 17.03 miles

  • Public District Grades 9-12

school-card-donut-6756219
3
/10
  • Estero High School

  • 21900 River Ranch Rd

  • 18.53 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 327 Palm Lake Dr

What is the listing price of this property?

The listing price of 327 Palm Lake Dr property is $729,000.

What type of property is this?

The property 327 Palm Lake Dr is land located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 327 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 327 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 $11,489 (source: MLS/based on county public records data).

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

The last sale was on September 23, 2008 for $525,000. (source: MLS/tax record).

How much acreage is this property?

The property 327 Palm Lake Dr is 0.36 acres.
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Rocket HomesFloridaLee CountySanibel33957327 Palm Lake Dr

This home is located at 327 Palm Lake Dr in Sanibel, FL and zip code 33957. This home sits on a 0.36 acre lot. It has been listed on Rocket Homes since November 17, 2023 and is currently priced at $729,000.

In April 2024, from all listings sold in Sanibel, FL there were more than 2 sold above asking price, over 37 sold below and more than 5 were sold right at the asked price. In April 2024 in Sanibel, FL there were 1% less homes for sale than in March 2024. In April 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $1,000,000.

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

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