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For sale
    • $899,999

    220 Palm Lake Dr, Sanibel, FL 33957

    3beds
    1,774sqft
    : 
    $5,738/mo
    Get pre-qualified
    Single Family Residence
    Built in 1987
    0.35 Acres Lot
    $-- Zestimate®
    $507/sqft
    $-- HOA

    What's special

    Charming Beach Cottage with Attached Studio – Steps from the Sand Welcome to your island oasis! This inviting property features a two-bedroom plus den, two-bathroom main house designed with elevated ceilings, a cozy wood-burning fireplace, and a spacious layout that blends comfort with coastal charm. An enclosed lanai seamlessly connects the main house to a private studio, which offers an additional one-room suite with its own bathroom—perfect for guests, an office, or a retreat space. The outdoor kitchen area, while in need of renovation, offers endless potential for customization, allowing you to create the perfect space for entertaining after a day at the beach. Nestled just a short stroll from the shoreline, this property combines convenience, privacy, and the opportunity to make it uniquely your own. It’s the perfect place to enjoy timeless charm and modern island living!
    583 days
    |
    484
    |
    38
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Becky A Mulka 239-887-0855,

    Royal Shell Real Estate, Inc.

    Source: Sanibel And Captiva Island AOR,MLS#: 2250038MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Den, DR/LR Combo, Kitchen, Living Room, Separate Apt., Other Add Agt Note, See Remarks
      Primary bedroom
      • Features: Porch, Walk-In Closet(s), Other, See Remarks
      • Level: First
      Primary bathroom
      • Features: Dbl Sinks, Shower Only, Tile, Other, See Remarks
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Additional Refrigerator, Dishwasher, Disposal, Dryer, Internet Ready, Microwave, Electric Range, Refrigerator-Ice maker, Washer, Water Heater, See Remarks
      Features
      • Breakfast Bar, High Ceilings, Beamed Ceilings, Vaulted Ceiling(s)
      • Flooring: Carpet, Laminate, Luxury Vinyl, Tile
      • Doors: Sliding Doors
      • Windows: Casement, Jalousie, Sliding
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 4,212
      • Total interior livable area: 1,774 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Covered, Under Bldg, Other, See Remarks
      Features
      • Patio & porch: Screened, Deck, Porch
      • Pool features: Room For
      • Has view: Yes
      • View description: Lake, Lawn/Garden, Other, See Remarks
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: None/Not Applicable, Beach Access, Near Beach
      Lot
      • Size: 0.35 Acres
      • Features: Irregular Lot
      Details
      • Additional structures: Guest House
      • Parcel number: 344622T20080A0090

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Trim Wood
      • Foundation: Raised
      • Roof: Metal
      Condition
      • Year built: 1987

      Utilities & green energy

      • Sewer: Public Sewer, Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Palm Lake
      HOA
      • Has HOA: No
      Location
      • Region: Sanibel

      Financial & listing details

      • Price per square foot: $507/sqft
      • Tax assessed value: $757,837
      • Annual tax amount: $10,217
      • Date on market: 1/10/2025
      • Cumulative days on market: 584 days
      • Listing terms: BTF/Cash,FHA/VA
      • Lease term: 12 Months
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,083/mo

        Price history

        DateEventPrice
        2/21/2026Price change$899,999-5.2%$507/sqft
        Source: Sanibel And Captiva Island AOR #2250038 Report a problem
        2/6/2026Price change$949,000-5%$535/sqft
        Source: Sanibel And Captiva Island AOR #2250038 Report a problem
        10/24/2025Price change$999,000-9.9%$563/sqft
        Source: Sanibel And Captiva Island AOR #2250038 Report a problem
        4/10/2025Price change$1,109,000-4.4%$625/sqft
        Source: Sanibel And Captiva Island AOR #2250038 Report a problem
        2/21/2025Price change$1,159,999-3.3%$654/sqft
        Source: Sanibel And Captiva Island AOR #2250038 Report a problem
        1/10/2025Listed for sale$1,199,999+9.2%$676/sqft
        Source: Sanibel And Captiva Island AOR #2250038 Report a problem
        8/1/2024Listing removed--
        Source: Sanibel And Captiva Island AOR #2240080 Report a problem
        4/1/2024Price change$1,099,000-8.3%$620/sqft
        Source: Sanibel And Captiva Island AOR #2240080 Report a problem
        1/19/2024Listed for sale$1,199,000-2.1%$676/sqft
        Source: Florida Gulf Coast MLS #224005989 Report a problem
        1/1/2024Listing removed--
        Source: Sanibel And Captiva Island AOR #2230660 Report a problem
        9/27/2023Price change$1,225,000-1.1%$691/sqft
        Source: Sanibel And Captiva Island AOR #2230660 Report a problem
        6/16/2023Listed for sale$1,239,000-14.6%$698/sqft
        Source: Sanibel And Captiva Island AOR #2230660 Report a problem
        6/4/2023Listing removed--
        Source: Florida Gulf Coast MLS #222085970 Report a problem
        12/3/2022Listed for sale$1,450,000+178.8%$817/sqft
        Source: Florida Gulf Coast MLS #222085970 Report a problem
        6/1/2015Sold$520,000-0.8%$293/sqft
        Source: Public Record Report a problem
        4/16/2013Listing removed$524,000$295/sqft
        Source: John Naumann & Associates #201226720 Report a problem
        3/14/2013Price change$524,000-0.9%$295/sqft
        Source: John Naumann & Associates #201226720 Report a problem
        10/25/2012Price change$529,000+6.8%$298/sqft
        Source: John Naumann & Associates #201226720 Report a problem
        10/5/2012Price change$495,500-6.3%$279/sqft
        Source: John Naumann & Associates #201226720 Report a problem
        7/21/2012Listed for sale$529,000-7.8%$298/sqft
        Source: John Naumann & Associates #201226720 Report a problem
        5/17/2012Listing removed$574,000$324/sqft
        Source: RE/MAX OF THE ISLANDS #2100703 Report a problem
        2/10/2012Price change$574,000-4.2%$324/sqft
        Source: RE/MAX OF THE ISLANDS #2100703 Report a problem
        3/19/2011Price change$599,000-7.7%$338/sqft
        Source: RE/MAX OF THE ISLANDS #201031949 Report a problem
        3/17/2011Price change$649,000-7.2%$366/sqft
        Source: RE/MAX OF THE ISLANDS #201031949 Report a problem
        3/4/2011Price change$699,000+7.7%$394/sqft
        Source: RE/MAX OF THE ISLANDS #201031949 Report a problem
        2/23/2011Listed for sale$649,000+96.7%$366/sqft
        Source: RE/MAX of The Islands #201031949 Report a problem
        3/6/2006Sold$330,000$186/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,755 +20.4%$588,642 +10%
        2024$8,102 -37.6%$535,129 -41.6%
        2023$12,992 +27.2%$916,413 +46.2%
        2022$10,217 +20.7%$626,923 +18.2%
        2021$8,465 +14.7%$530,572 +1.4%
        2020$7,382 -3%$523,247 -2.4%
        2019$7,607 $536,189 +0.9%
        2018$7,607 -1.1%$531,608 +2.1%
        2017$7,690 +0%$520,674 +2.1%
        2016$7,689 +0.5%$509,965 -2.4%
        2015$7,653 -10.9%$522,601 +6.3%
        2014$8,593 +26.5%$491,687 +23%
        2013$6,793 -3.4%$399,678 -8.6%
        2012$7,029 +1.4%$437,301 -3.9%
        2011$6,933 -0.9%$455,124 +15%
        2010$6,996 -14%$395,795 -23.4%
        2009$8,134 -5.2%$516,500 -3.2%
        2007$8,579 -5.3%$533,660 +4.1%
        2006$9,057 +90.8%$512,400 +10.1%
        2004$4,748 +14.9%$465,440 +6.1%
        2003$4,133 +0.6%$438,860 +2.6%
        2002$4,108 $427,820 +64.5%
        2000-- $260,140
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33957

        Getting around

        7 / 100
        Car-Dependent
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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