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Lot/land
  • Price cut: $200K (7/15)
    $699,000

    5706 Sanibel Captiva Rd, Sanibel, FL 33957

    --beds
    --baths
    1.39Acres
    Unimproved Land
    Built in ----
    1.39 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Mangrove-lined canalBayou watersShell-strewn shoreline
    Welcome to 5706 Sanibel Captiva Road—arguably the best-priced waterfront property on Sanibel Island and one of the most substantial boating opportunities available across Sanibel and Captiva. Set on a commanding 1.39 acres with more than 300 feet of direct deep-water frontage, this is not merely waterfront property—it is front-row access to the intracoastal playground of Pine Island Sound and the open turquoise waters of the Gulf of Mexico. The West End location offers an increasingly rare combination of privacy, acreage, boating access, and convenience. The property is just minutes by bicycle from the island’s renowned beaches, Blind Pass, and the historic Santiva enclave. A quick trip brings you to Captiva Island for waterfront dining, boutique shopping, and legendary destinations such as The Mucky Duck, The Green Flash, and the iconic Captiva Island Store. Build here and position your future home for sweeping views toward the Gulf over Silver Key and sunsets that require no filter. Mangrove-lined shoreline, protected bayou waters, exceptional wildlife, and direct boating access create the kind of setting people spend years trying to find. The water here is not simply decorative—it is alive. Manatees cruise past the shoreline, dolphins regularly put on a show, and Snook, Redfish, Snapper, and Sheepshead make the surrounding waters a year-round fishery. Overhead, Osprey and Bald Eagles patrol the sky. It is nature’s highway, and this property gives you one of the best seats on it. A property survey, marine survey, engineering study, and architectural plans for a custom approximately 3,000-square-foot elevated coastal residence, boat dock, and lift have already been completed and are transferable, representing a substantial savings of time and money already absorbed by the current owner. Simply put, buyers seeking the strongest waterfront value currently available on Sanibel should put this property at the top of their list. This is not just another vacant lot. It is a launch point for early-morning fishing runs, sunset cruises, tarpon seasons, island weekends, and a lifetime on the water. For the buyer who views boating not merely as a hobby but as a way of life, this is home port.
    177 days
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    105
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    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    Evan duPont 239-462-1817,

    Michael Saunders & Company

    Source: Sanibel And Captiva Island AOR,MLS#: 2260268MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Bayou, Canal
      • Has water view: Yes
      • Water view: Bayou,Canal
      • Waterfront features: Canal Salt, Direct Access, Canal, Near Beach
      • Frontage length: 300
      Lot
      • Size: 1.39 Acres
      • Features: House Plans Avail, Survey Avail, 1 - 2 Acres, Mangroves, Trees, Weeds/Plants, Wooded, Irregular Lot
      Details
      • Parcel number: 124621T4000100000
      • Zoning: Residential

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: See Remarks
      • Subdivision: Castaway Estates
      HOA
      • Has HOA: No
      Location
      • Region: Sanibel

      Financial & listing details

      • Tax assessed value: $1,050,026
      • Annual tax amount: $10,413
      • Date on market: 3/2/2026
      • Cumulative days on market: 372 days
      • Listing terms: BTF/Cash
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/15/2026Price change$699,000-22.2%
        Source: Florida Gulf Coast MLS #2026010651 Report a problem
        3/2/2026Price change$899,000-9.6%
        Source: Sanibel And Captiva Island AOR #2260268 Report a problem
        8/15/2025Price change$995,000-13.5%
        Source: Sanibel And Captiva Island AOR #2250835 Report a problem
        11/28/2024Listed for sale$1,150,000+121.2%
        Source: SWFLMLS #224095996 Report a problem
        10/18/2021Sold$520,000-0.9%
        Source: Florida Gulf Coast MLS #221030001 Report a problem
        8/3/2021Pending sale$524,900
        Source: Florida Gulf Coast MLS #221030001 Report a problem
        7/23/2021Price change$524,900-4.5%
        Source: Florida Gulf Coast MLS #221030001 Report a problem
        6/2/2021Price change$549,900+4.7%
        Source: Florida Gulf Coast MLS #221030001 Report a problem
        4/30/2021Pending sale$525,000
        Source: Florida Gulf Coast MLS #221030001 Report a problem
        4/21/2021Listed for sale$525,000-8.7%
        Source: Florida Gulf Coast MLS #221030001 Report a problem
        10/30/2020Listing removed$574,900
        Source: Barclays Real Estate Group 1 #219050541 Report a problem
        11/13/2019Price change$574,900+21.1%
        Source: Barclays Real Estate Group 1 #219050541 Report a problem
        7/25/2019Listed for sale$474,900-5%
        Source: Barclays Real Estate Group 1 #219050541 Report a problem
        4/9/2019Listing removed$499,900
        Source: Barclays Real Estate Group 1 #218039073 Report a problem
        3/7/2019Price change$499,900-9.1%
        Source: Barclays Real Estate Group 1 #218039073 Report a problem
        1/22/2019Price change$549,900-1.6%
        Source: Barclays Real Estate Group 1 #218039073 Report a problem
        6/19/2018Listed for sale$559,000+1.8%
        Source: Barclays Real Estate Group 1 #218039073 Report a problem
        4/2/2017Listing removed$549,000
        Source: VIP Realty Group,Inc #216063625 Report a problem
        10/11/2016Listed for sale$549,000+22.3%
        Source: VIP Realty Group,Inc #216063625 Report a problem
        8/20/2016Listing removed$449,000
        Source: VIP Realty Group,Inc #215046598 Report a problem
        10/19/2015Price change$449,000-10%
        Source: VIP Realty Group,Inc #215046598 Report a problem
        8/19/2015Listed for sale$499,000+7.3%
        Source: VIP Realty Group,Inc #215046598 Report a problem
        10/5/2014Listing removed$465,000
        Source: RE/MAX Trend #201337858 Report a problem
        4/20/2014Price change$465,000-6.8%
        Source: RE/MAX Trend #201337858 Report a problem
        1/23/2014Listed for sale$499,000
        Source: Re/Max Trend #201337858 Report a problem
        10/23/2013Listing removed$499,000+34%
        Source: RE/MAX Trend #201315819 Report a problem
        4/5/2005Sold$372,500+145.1%
        Source: Public Record Report a problem
        8/23/1999Sold$152,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,413 +7.1%$505,385 +10%
        2024$9,724 -0.2%$459,441 +10%
        2023$9,748 +71.9%$417,674 +10%
        2022$5,673 +15.1%$379,704 +21.7%
        2021$4,928 +0.1%$312,000 +2.5%
        2020$4,924 +4.1%$304,533 -2.4%
        2019$4,728 $312,000
        2018$4,728 +2.5%$312,000 -19.6%
        2017$4,611 -8.3%$388,004 +86.5%
        2016$5,028 +35.7%$208,000
        2015$3,707 -2.4%$208,000
        2014$3,796 -1%$208,000 -29.2%
        2013$3,834 -19.2%$293,700 +13%
        2012$4,745 -10.5%$260,000 -10.3%
        2011$5,304 -2.2%$290,000
        2010$5,424 -5.7%$290,000 -9.4%
        2009$5,750 -2.3%$320,000 -7.2%
        2008$5,884 -7.8%$345,000 -8%
        2007$6,379 -4.8%$375,000
        2006$6,701 +14.4%$375,000 +19%
        2004$5,860 -0.3%$315,000
        2003$5,877 +2.9%$315,000 +5%
        2002$5,709 $300,000 +142.9%
        2000-- $123,500
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33957

        Getting around

        3 / 100
        Car-Dependent
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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