tomo logo

$945,500

Beds
5
Baths
4.0
sq ft
Unknown

887 Casa Ybel Rd, Sanibel, FL 33957

887 Casa Ybel Rd

SANIBEL, FL 33957

  • 17 days on market
Rare opportunity for a Full 5 bed, 4 bath Triplex available for sale. Building mitigated in 2023 and completed in 2024. All impact doors & windows that include patio doors to open porches to enjoy your morning coffee. New high gloss white epoxy flooring, granite counters, washer & dryer in all units. The Left side is a 2/bed, 1/bath with a private driveway entry & patio. Right side is a much larger floor plan, 2/bedroom, 2 baths with 2 separate patio/decks with Living, Dining, Lg kitchen for entertaining. Efficiency unit on far right has 1/bed, 1/bath. Great opportunity for investors due to shortage of island rentals. Live on one side while renting out the other or use as family compound, in-law suite, worker housing for resorts, Seasonal or annual rentals. Endless possibilities! Ground level building zoned residential multi-family. Great mid island location for a home style business & walk to shopping center, restaurants & medical. Jordan Marsh Preserve Park mins walk down the street. Short distance to Gulfside City Park beaches. New Roof, gutters & insulation, new electric, plumbing, and stainless-steel appliances 2024. All Flood & Wind Insurance in place. Newly Furnished units, Efficiency unit Turnkey. Move in ready for seasonal rentals.

Details

Property type

Duplex

Est. home value

$783,881

Lot size

0.3386 acres

Price per sq ft

Unknown

Year built

1974

Annual property taxes

$7,499

Price History

02/06/2025
NABOR

NABOR #224083456

Removed
$1,050,000
+11.05%
02/06/2025
NABOR

NABOR #225014511

Listed
$945,500
-9.95%
10/22/2024
NABOR

NABOR #224083456

Listed
$1,050,000
+112.12%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Homexpress Mortgage Corp

Loan start date

November 2019

Original loan amount

$377,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

New Conventional, 30 year

Seller

Darrel Corradino and Kathryn S Corradino

Lender

Homexpress Mortgage Corp

Loan start date

November 2019

Original loan amount

$377,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

New Conventional, 30 year

Seller

Darrel Corradino and Kathryn S Corradino

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?

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Status: Active

Tomo last checked: 02/23/2025 at 7:25 PM

Listing updated: 02/22/2025 at 2:05 PM

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

MLS: NABOR #225014511

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