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Sanibel 33957 Periwinkle Way
956 Dixie Beach Boulevard
$430,000
● House - Off Market

956 Dixie Beach Boulevard

Sanibel, FL 33957
bedrooms
2 Beds
bathrooms
1 Bath
square feet
836 Ft²
$583,058
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

This charming Sanibel cottage is close to everything.  It is bright and cheery with the natural light coming through the many windows this cozy home offers.  Recently remodeled in a beach feel which is perfect for island living, with a large back deck and screened gazebo. Very private in the backyard with a ton of vegetation, and a great place to read a good book or have gatherings.  This could be an amazing rental property!
Unit Size
836 Ft²
Days on Market
85 days
Land Size
0.24 acres
Price per sqft
$537
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

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.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 9 months ago ( #220068640)

Price History

Date / Event Date Event Price
Jan 21, 2021 Sold
Premium
Sold
Oct 27, 2020 Listed by Pfeifer Realty Group LLC $449,000
Listed by Pfeifer Realty Group LLC
Oct 12, 2020 No longer available -
No longer available
Sep 29, 2020 Listed by Pfeifer Realty Group LLC $479,000
Listed by Pfeifer Realty Group LLC
Aug 14, 2018 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 129
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,542
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,972
  • Gross Building Area: 1,972
  • Building Area: 836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 836
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANIBEL CENTER PERIWINKLE WAY
  • Land Acres: 0000000242
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 001
  • Legal Description 1: SANIBEL CENTER BLK 10 PB 7 PG 62 LOTS 9 + 10

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 080204

Geography

  • Assessors Map Reference: 13-19
  • Account Number: 10125478
  • Subdivision Tract Number: T4
  • Parcel: 19-46-23-T4-00910.0090
  • Block: 10
  • Lot: 9,10
  • Meridian: SEC 19 TWN 46S RNG 23E
  • Municipality: CITY OF SANIBEL
  • Latitude: 26.4442
  • Longitude: -82.0559

    Address

  • Full Address: 956 Dixie Beach Blvd
  • Address - House Number: 956
  • Address - Street Name: Dixie Beach
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Sanibel
  • Carrier Code: R802
  • 4-Digit Zip Code: 4522
  • Zip Code: 33957

Valuation

    Tax

  • Total Area: 1,094
  • Tax Year: 2023
  • Tax Amount: $331,585
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2106
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 593,008
  • High Value: 717,938
  • Low Value: 468,078

    Market Valuation

  • Market Total Value: $228,370
  • Market Land Value: $228,360
  • Market Improvement Value: $10

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,370
  • Assessed Land Value: $228,360
  • Assessed Improvements Value: $10

    Sales

  • Current Sale Contract Date: Jan 14, 2021
  • Current Sale Recording Date: Jan 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021000020556
  • Previous Sale Recording Date: Jul 05, 2018
  • Previous Sale Contract Date: Jun 28, 2018
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Periwinkle Way

Stats & Trends

Median Asking:

$1,149,500

Sale Price/ft²

$508

Below Asking

0.05%

Average Days on Market

159

Average Home Size

2322 ft²

Average Home Age

41 years

Currently For Sale

31 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

Unit for rent at 760 Sextant Drive, Sanibel, FL, 33957

$8,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,218 ft²
760 Sextant Drive #321, Sanibel, FL, 33957 Listing by Aron Hubers

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 956 Dixie Beach Boulevard built and last sold?
The property at 956 Dixie Beach Boulevard was built in 1958 and last sold on Jan 14, 2021 for $430,000.
How much is this home worth?
The estimated value of the home located at 956 Dixie Beach Boulevard is $445,973.
What are some comparable homes to 956 Dixie Beach Boulevard?
There are currently no comparable homes to 956 Dixie Beach Boulevard.
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