When was property at 431 Rabbit Road built and last sold?

The property at 431 Rabbit Road was built in 2001 and last sold on Oct 22, 1997 for $125,000.

How much is this home worth?

The estimated value of the home located at 431 Rabbit Road is $1,034,963.

What are some comparable homes to 431 Rabbit Road?

There are currently no comparable homes to 431 Rabbit Road.

Sanibel

33957

West Gulf Drive

431 Rabbit Road

$900,000

● House - Off Market

431 Rabbit Road

Sanibel, FL 33957

3 Beds

3 Baths, 1 Half Bath

2,294 Ft²

$5,563

Est. Monthly

2.80%

Cap Rate

About This Property

Three Minute Walk to West Gulf Dr. beach!! Custom three bedroom 2 12 bath home featuring spacious open living and dining area plus kitchen with elevated ceilings, perfect home for family and social gatherings. Both guest bedrooms have easy access to enclosed pool and lush tropical landscaped yard area. Home would be attractive to an Investor wanting substantial rental income. Perfect also for Owner use. Waiting for the "right home" It just came on the market. Staircase to widows walk with Gulf View. New A/C and home has dumb waiter.

Unit Size

2,294 Ft²

Days on Market

106 days

Land Size

0.35 acres

Price per sqft

$434

Property Type

House

Property Taxes

$677

HOA Dues

Year Built

2001

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (SWFLMLS #224067397)

Price History

Date / Event	Date	Event
Dec 5, 2024	Sold	Premium
Sold
Nov 1, 2024	In contract	-
In contract
Oct 29, 2024	Price Decreased	$995,000 ↓ $55K (5.2%)
Price Decreased
Aug 21, 2024	Listed by John Gee & Company, Inc.	$1,050,000
Listed by John Gee & Company, Inc.
Oct 27, 1997	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2001

Effective Year Built: 2001
Building Count: 1
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 9
Construction Type: 0
Building Style: 11
Exterior Walls Type: 19
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 5
Floor Count: 100
Living Units: 1
Floor Cover: 15
Basement Type: 3
Basement Area: 665
Garage Type: 1
Garage Square Area: 603
Parking Space Count: 1
Patio Type: 12
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 15,420

Lot Size Depth Feet: 1,240
Lot Size Frontage Feet: 1,310
Total Building Area: 5,179
Gross Building Area: 5,179
Building Area: 3,211
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 3,211
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SANIBEL RIVER ESTS
Land Acres: 0000000354
Standard Land Use Code: 1001
County Land Use Code: 01
State Land Use Code: 001
Legal Description 1: SANIBEL RIVER EST PHSE 2 PB 29 PG 128 LOT 38 + PT 39

Neighborhood

School District Name: Lee County School District

Census Tract: 080203

Geography

Assessors Map Reference: 9-28

Account Number: 10023520
Subdivision Phase Number: 2
Subdivision Tract Number: T3
Parcel: 28-46-22-T3-00900.0380
Block: 900
Lot: 38
Meridian: SEC 28 TWN 46S RNG 22E
Municipality: CITY OF SANIBEL
Latitude: 26.4312
Longitude: -82.1082

Address

Full Address: 431 Rabbit Rd

Address - House Number: 431
Address - Street Name: Rabbit
Address - Suffix Type: Rd
State: FL
City Name: Sanibel
Carrier Code: R008
4-Digit Zip Code: 3009
Zip Code: 33957

Valuation

Tax

Total Area: 2,681

Tax Year: 2023
Tax Amount: $812,415
Tax Rate Code Area: 010

Appraisal Valuation

Standard Deviation: 0.195

Valuation Date: Jan 31, 2024
Confidence Score: 74
Final Value: 1,221,385
High Value: 1,459,640
Low Value: 983,129

Market Valuation

Market Total Value: $1,236,693

Market Land Value: $552,491
Market Improvement Value: $657,022

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $577,759

Exemptions

Widow Exemption: Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Oct 22, 1997

Current Sale Recording Date: Oct 27, 1997
Current Sale Price:

Premium
Current Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About West Gulf Drive

Stats & Trends

Median Asking:

$999,000

Sale Price/ft²

$545

Below Asking

0.05%

Average Days on Market

133

Average Home Size

2183 ft²

Average Home Age

38.4 years

Currently For Sale

36 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Listed by: Ann Gee, John Gee & Company, Inc.
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224067397

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. 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 listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

431 Rabbit Road

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About West Gulf Drive

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions