Welcome to 561 Lighthouse Way, a Gulf-access estate on Sanibel's
sought-after east end, where exceptional waterfront living meets
the ease of island life. Tucked along a quiet street and just
minutes from Sanibel's shops, dining, and beaches, this 5-bedroom,
4-bath residence offers more than 3,000 square feet of beautifully
designed living space.
Inside, soaring 12-foot ceilings and hardwood floors create a warm,
open feel, while expansive windows and doors draw your attention to
the water beyond. Southern exposure fills the home with natural
light and creates an ideal backdrop for the pool and outdoor living
areas, with an easy flow between indoors and out.
For boaters, the waterfront setting is hard to beat. An impressive
80-foot dock with boat lift and 50-amp electric service puts direct
Gulf access right in your backyard, making it easy to head out for
a morning on the water, an afternoon of fishing, or a sunset
cruise.
A 24-gauge standing seam metal roof, impact windows and doors, and
Azek composite trim add valuable durability and low-maintenance
appeal. The oversized 3-car garage provides plenty of space for
vehicles, bikes, kayaks, fishing gear, and everything that comes
with the Sanibel lifestyle.
Spacious, waterfront, and ideally positioned on the east end, 561
Lighthouse Way brings together the features that make island living
so special-both on the water and at home.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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