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$2,950,000

Beds
3
Baths
3.5
sq ft
3,286

877 Limpet Dr, Sanibel, FL 33957

877 Limpet Dr

Sanibel, FL 33957

  • 8 days on market
Nestled on a coveted deep-water canal basin on Sanibel Island, 877 Limpet Dr. is a boater’s paradise with luxury throughout. This elevated 3,286 sq. ft. home, remodeled in 2019 by Kennedy Const., blends modern elegance with functionality. It boasts a 45’ slip designed for a 30K lbs. lift, an adjacent 10K lbs. lift for a fishing boat, and a 3-car-sized boat trailer garage alongside a 3-car-plus garage, both with A/C storage. Enjoy direct, no-bridge Gulf access in just 5 min. + Sanibel Marina only 500 yds away, adventures begin at your doorstep. Inside, a great room opens to a chef’s kitchen and waterside dining area, perfect for entertaining. Features include impact windows, storm shutters, a spacious rec area, pool, patio, and deeded beach access a mile away. Just 550 yards from Causeway Blvd and 1.5 miles from the Sanibel Lighthouse, it’s ideally located. Explore 25 miles of bike paths and J.N. "Ding" Darling Refuge. This waterfront gem offers unmatched design and boating amenities!

Details

Property type

Single Family Residence

Est. home value

$2,699,669

Lot size

0.31 acres

Price per sq ft

$898

Year built

1998

Annual property taxes

$23,458

Monthly HOA fee

$8.33

Price History

03/26/2025

FGCMLS #225031506

Listed
$2,950,000
+62.98%
06/29/2018

FGCMLS #217074919

Sold
$1,810,000

Schools & Community

Elementary school: 

SANIBEL SCHOOL

Middle school: 

SANIBEL SCHOOL

High school: 

FORT MYERS CHOICE

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Key Bank Na

Loan start date

August 2021

Original loan amount

$953,000

Est. remaining balance

$754,738

Interest rate

2.34%

Loan type

New Conventional, 15 year

Seller

James R Flaherty and Rosemarie Flaherty

Lender

Key Bank Na

Loan start date

August 2021

Original loan amount

$953,000

Est. remaining balance

$754,738

Interest rate

2.34%

Loan type

New Conventional, 15 year

Seller

James R Flaherty and Rosemarie Flaherty

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/04/2025 at 5:30 AM

Listing updated: 03/26/2025 at 9:25 AM

Listed by: Joel Goodman, VIP Realty Sanibel and Captiva Phone #: (239) 472-5187

MLS: FGCMLS #225031506

FGCMLS logo

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