1245 Buttonwood LN For Sale

Sanibel, FL 33957 - Metes And Bounds

$10,000,000

Description

This stunning once-in-a-generation bayfront property is on Sanibel's east end, near the historic lighthouse and Lighthouse Beach, and at the end of the quaint and private Buttonwood Lane. This highly unique estate offers approximately 1.3 acres of land, 150 feet of bay frontage with a beautiful beach, and a private boat dock extending out into the sparkling bay waters. The rarity doesn't only apply to the parcel's size and location- per the City of Sanibel Planning Department, the property is allocated three dwelling units per Development Permit 88-7456. The minimum lot size is 15,000 square feet in the D2–Upland Wetlands ecological zone. The property is large enough to achieve the minimum lot size for three single-family parcels. The options for this parcel are as incredible as the bay views the properties would enjoy. This is a very rarely seen opportunity to develop a bayfront compound or small community. The current structures were remediated and include a primary home, guest house, pool, and storage area. Opportunities like this haven't been seen in decades and will likely not be seen again. This is an opportunity to bring back something truly special along the bay on Sanibel Island.

Address

  • Address: 1245 Buttonwood LN
  • City: Sanibel
  • State/Country: Florida, United States
  • Zip: 33957
  • Community: Metes And Bounds
  • Community Type: Non-gated
  • Subdivision: Metes And Bounds

Detail

Information last updated on Monday, March 18th, 2024 at 03:59 PM

  • MLS ID: 224024757
  • Price: $10,000,000
  • Property Size: 5,210 Sq Ft
  • Bedrooms: 6
  • Bathrooms: 5
  • Garage Spaces: 2
  • Year Built: 1957

Additional details

  • Acres: 1.34
  • Approx Living Area: 5,210
  • Baths Full: 5
  • Baths Total: 5
  • Bedrooms: 6
  • Beds Total: 6
  • Buyer Agent Comp: 2.5%
  • Cable Available YN: Yes
  • CDOM: 7
  • Created Date: March 18th, 2024
  • Current Price: $10,000,000
  • Den Flex YN: 1
  • DOM: 7
  • Flood Ins YN: 1
  • Garage Spaces: 2
  • Gulf Access YN: Yes
  • Last Change Timestamp: March 18th, 2024
  • Latitude: 26.452180
  • Lease Limits YN: Yes
  • Leases Per Year: 12
  • List Price: $10,000,000
  • Longitude: -82.023700
  • Min Daysof Lease: 30
  • MLS Number: 224024757
  • Non Rep Comp: 2.5%
  • Num Unit Floor: 1
  • Original List Price: $10,000,000
  • Parcel Number: 21-46-23-T1-00001.0000
  • Postal Code: 33957
  • Private Pool YN: 1
  • Section: 21
  • Taxes: $20,369
  • Tax Year: 2023
  • Total Area: 6,074
  • Total Floors: 1
  • Trans Broker Comp: 2.5%
  • Unitsin Building: 1
  • Unitsin Complex: 1
  • Waterfront YN: Yes
  • Year Built: 1957

Features

Vital Information

Single Family

  • Size: 5,210 sqft
  • Beds: 6 or More
  • Baths: 5
  • Price: $10,000,000

Virtual Tours

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Broker Reciprocy

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2024 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Equity Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program.

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