Palm Lake, 231 Palm Lake Dr

3
Beds
2
Baths
1,339
SqFt
$482
$/SqFt
Mid-Tier House
Built in 1975
2 Parking
Lake View
$25/mo HOA
Waterfront
Ranch, Single Family
Super location on Sanibel! Just 2 lots off of Sanibel's prestigious West Gulf Drive and a 2 minute walk to the beach with your deeded beach access. Additionally, this property is located on pretty Palm Lake-serene water views from the living areas, deck and patio. This partially elevated home consists of 3bedrooms, 2 baths, 2 living areas, a large eat in kitchen area and a 2 car garage. One living areas has French doors opening to the deck and back yard. The other living area has 2 sets of sliding doors facing the lake and back yard. The home was hurricane impacted and has been mitigated and taken down to the studs. There appears to be room for a pool but verification is needed by the city. The sellers do have a current flood insurance policy. This is a great opportunity for a Sanibel home in a perfect location. Remodel or re-build.
MLS Number: 224086617
Updated: 515 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: No info
  • View: Lake
Interior, Heating and Cooling
  • Interior Features: French Doors, Volume Ceiling
  • Equipment / Appliances: None
  • Heating Description: None
  • Cooling Description: None
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: No info
  • Construction Type: House
  • Year Built: 1975
  • Style: Ranch, Single Family
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 2
    • Pets Allowed: Yes
    Taxes, Fees & More
    • Maintenance Includes: None
    • Taxes: 3517.68
    • Security Information: No info
    • Parking Description: Driveway Unpaved, Detached
    • Total Floors in Building: 1
    • Total Units in Building: 1

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    Price History

    Current
    $645K
    High
    $680K
    Low
    $645K
    Total Change
    -5.1%
    $684K$663K$641KOct 24Apr 25
    Date
    Event
    Price
    Change
    Price Per
    04/21/2025
    Price Reduced
    $645K
    -5.15%
    $482 ft2
    $5,185 m2
    10/30/2024
    Listed
    $680K
     
    $508 ft2
    $5,466 m2
    04/21/2025
    $645K
    Event
    Price Reduced
    Change
    -5.15%
    Price Per
    $482 ft2
    $5,185 m2
    10/30/2024
    $680K
    Event
    Listed
    Price Per
    $508 ft2
    $5,466 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Catherine RosarioRoyal Shell Real Estate, Inc. • Buyer Agency Compensation .

    Listing Location & Street View
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    Scores

    Walk Score®
    Car-Dependent. Almost all errands require a car
    8

    100
    Bike Score®
    Bikeable. Some bike infrastructure
    67

    100
    Sound Score®
    Bearable noise
    78

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    28

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    3 – 3 BR
    Bedrooms
    $900K – $1.3M
    Price Tier
    1,135 - 3,279
    SqFt Range
    1977
    Year Build
    1
    Total Floors

    Subdivision Amenities

    Beach Access
    Storage
    Beach - Private
    Beach Access
    Lakefront Beach
    None

    Sanibel
    Mid-Tier
    Mid-Tier Homes & Condos