$197,500

About This Property

The location of this IMPROVED DOUBLE LOT on the corner of LIVE OAK & CROTON in IONA GARDENS is A HIDDEN PARADISE. This is a BUILDABLE DOUBLE lot and utilities are accessible and can be split (est. cost to split utilities is $10k) as the lot can be subdivided. It is estimated to cost $90,000 including set up to place a Manufactured Home. If a stick-built home is desired, the owners are LICENSED FLORIDA CONTRACTORS and they will build to suit. You own the land. There is an oak tree, palm tree, and a frangipani tree on the site. The lot is fenced and gated. There is NO HOME OWNERS ASSOCIATION! HOWEVER, there is an OPTIONAL / VOLUNTARY annual club membership for use of the community pool of only ~$350. The location is fantastic and near the Sanibel Causeway/Punta Rassa Boat launch. Local parks, entertainment, dining, shopping, the LIVELY downtown River Distric, and the fabulous beaches of Sanibel & Captiva are short drives away. Margaritaville Resort @ FMB is also a short drive away. Buy now and ride the wave to future appreciation when FMB is re-established and where we are re-inventing PARADISE one day at a time. Survey is in attached supplements. Estimated elevation is ~ 10' but an elevation certificate is not available because the property lacks a structure.

infoProperty Details

Property Type

Land

Lot Size

0.20 acres

Days on Market

347

List Date

Mar 14, 2025

Annual Taxes

$2K (2024)

HOA Fee

$0

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

SWFL Real Estate Experts

239-292-9460