Sold for $500,000

$500,000

766 Donax St, Sanibel, FL 33957

4beds

1,184sqft

Multi Family

Built in 1973

-- sqft lot

$544,800 Zestimate^®

$422/sqft

$6,271 Estimated rent

Home value

$544,800

$490,000 - $610,000

$6,271/mo

Zestimate^® history

Owner options

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$6,271/mo

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$6,271/mo

Rent Zestimate^®

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$3,322/mo

Est. payment

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$3,322/mo

Est. payment

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What's special

Looking for a rare gem on Sanibel? You've found it! This charming duplex home has incredible investment potential, and is waiting for someone to restore it to its former glory. Although it was damaged by Hurricane Ian, the main structure remains incredibly strong thanks to its concrete block construction, metal roof, and impact glass throughout. It even has a pool! With a little love and attention, this home could be transformed into an oasis in paradise. The duplex setup offers versatility and flexibility as a second home and/or investment property, making it ideal for a variety of living arrangements. And with Sanibel's unparalleled natural beauty right at your doorstep, you'll never want to leave. A very short walk to the Gulf of Mexico beaches makes this the perfect starter home for someone wanting to become part of the great Sanibel comeback. So why wait? Come see this diamond in the rough and make it your very own Sanibel dream home!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Rooms

Room types: See Remarks, Den

Heating

See Remarks

Cooling

Central Air

Appliances

Included: See Remarks

Features

Flooring: Tile
Doors: Impact Resistant Doors
Windows: Impact Resistant Windows
Has fireplace: No

Interior area

Total structure area: 2,642
Total interior livable area: 1,184 sqft

Property

Parking

Parking features: See Remarks

Features

Has private pool: Yes
Pool features: Private
Has view: Yes
View description: See Remarks
Waterfront features: None/Not Applicable, Near Beach
Frontage length: 10

Lot

Size: 10,018 Square Feet

Details

Parcel number: 304623T2003040040

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Block, See Remarks, Stucco
Roof: Metal

Condition

Year built: 1973

Utilities & green energy

Sewer: Assessment Paid
Water: Assessment Paid

Community & HOA

Community

Subdivision: Sanibel Shores

HOA

Has HOA: No

Location

Region: Sanibel

Financial & listing details

Price per square foot: $422/sqft
Tax assessed value: $386,257
Annual tax amount: $6,092
Date on market: 6/1/2023
Cumulative days on market: 156 days
Listing terms: BTF/Cash

Price history

Date	Event	Price
7/1/2025	Listing removed	$645,000$545/sqft
Source: SWFLMLS #224096352 Report a problem
11/26/2024	Listed for sale	$645,000+29%$545/sqft
Source: SWFLMLS #224096352 Report a problem
1/25/2024	Sold	$500,000-28.5%$422/sqft
Source: Sanibel And Captiva Island AOR #2230620 Report a problem
12/30/2023	Pending sale	$699,000$590/sqft
Source: Florida Gulf Coast MLS #223039958 Report a problem
12/27/2023	Listed for sale	$699,000$590/sqft
Source: Florida Gulf Coast MLS #223039958 Report a problem
12/14/2023	Pending sale	$699,000$590/sqft
Source: Florida Gulf Coast MLS #223039958 Report a problem
11/3/2023	Listed for sale	$699,000$590/sqft
Source: Florida Gulf Coast MLS #223039958 Report a problem
9/8/2023	Pending sale	$699,000$590/sqft
Source: Florida Gulf Coast MLS #223039958 Report a problem
7/10/2023	Price change	$699,000-12.5%$590/sqft
Source: Florida Gulf Coast MLS #223039958 Report a problem
5/26/2023	Listed for sale	$799,000+33.4%$675/sqft
Source: Florida Gulf Coast MLS #223039958 Report a problem
4/24/2020	Sold	$599,000$506/sqft
Source: Florida Gulf Coast MLS #220013587 Report a problem
3/10/2020	Pending sale	$599,000$506/sqft
Source: Pfeifer Realty Group LLC #220013587 Report a problem
2/24/2020	Price change	$599,000-11.8%$506/sqft
Source: Pfeifer Realty Group LLC #220013587 Report a problem
2/4/2020	Listed for sale	$679,000+76.4%$573/sqft
Source: One Paradise Realty LLC #220009945 Report a problem
5/22/2015	Sold	$385,000+40%$325/sqft
Source: Public Record Report a problem
2/2/2012	Sold	$275,000+11.4%$232/sqft
Source: Public Record Report a problem
3/23/2009	Sold	$246,800-14.2%$208/sqft
Source: Public Record Report a problem
1/16/2003	Sold	$287,500$243/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,564 +20.9%	$386,257 +10.5%
2024	$5,431 -4.7%	$349,676 -9.5%
2023	$5,700 -6.4%	$386,257 -9%
2022	$6,092 +0%	$424,229 +4.1%
2021	$6,090 -4.4%	$407,409 +3.2%
2020	$6,373 +19.7%	$394,868 +5.4%
2019	$5,325	$374,672 -1.3%
2018	$5,325 -3%	$379,526 -2.9%
2017	$5,490 -4.7%	$390,826 +37.1%
2016	$5,762 +15.2%	$285,092 +5.9%
2015	$5,002 +3.4%	$269,303 +8.4%
2014	$4,837 +7.4%	$248,502 +12.5%
2013	$4,504 +2.8%	$220,804 -5.5%
2012	$4,379 -5.7%	$233,650 -4.5%
2011	$4,644 -22.5%	$244,714 -22.7%
2010	$5,993 +4%	$316,435 -9.2%
2009	$5,763 -2.7%	$348,460 -7.4%
2008	$5,923 -20.3%	$376,490 -20%
2007	$7,434 +5.5%	$470,800 +11.3%
2006	$7,049 +51.1%	$422,860 +70.3%
2004	$4,665 -0.9%	$248,320 +2.4%
2003	$4,709 -20.5%	$242,510 -19.6%
2002	$5,924	$301,600 +51.1%
2000	--	$199,550