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$595,000
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Property Description
Offering the perfect located lot to build the perfect Sanibel home. This lot borders beautiful Palm Lake, it only 2 lots from West Gulf Drive and a 2minute walk to the beach via your deeded beach access. The Palm Lake community is situated just off of West Gulf Drive in Sanibel's peaceful West End. The lothas recently been cleared of a former cottage. The trees and other vegetation remain. The lot is 100' across the front and back and 155' deep-plenty of buildablespace for a new Sanibel home. This buildable vacant property has all the components to provide the new owner with the best of Sanibel. It's all about location!
Full Property Details
Full Property Details for 231 Palm Lake Dr
General
- Price: $595,000
- HOA FEE: $2/month
- HOA FEE FREQ.: Annually
- Taxes: (2024)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2025004330
- Updated: 8/4/2025
- Added to Site: 259 day(s) ago
Additional Information
- Shared Amenities: Beach Access, Lakefront Beach, Non-Gated, Voluntary HOA
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: PALM LAKE
- Building Name: PALM LAKE
- Driving Directions: Causeway to East Gulf Drive, Right to Palm Lake Drive. 2nd lot in on the left.
- Direction Faces: South
Community
- Association: Yes
- Assoc. Fees Include: None
- Management Type: None
Utilities
- Sewer: Assessment Paid, Central
- Water: Assessment Paid, Central
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.363
- Lot Size (Sq. Ft.): 15,812
- Lot Size Source: Field Measurements
- Lot Dimensions: 100 x 100 x 155 x 155
- Frontage: Access Road, Public Road
- Frontage Feet: 100
- Irrigation System: Lake/Canal
- Lot Features: Across From Beach Access, Regular, Cleared
- Trees/Vegetation: Partially Wooded, Sabal Palms, Brush, See Remarks
- Lot Description: Across From Beach Access, Regular, Cleared
Water Features
- Water Front: Yes
- Water Front Desc.: Lake
- Lake Front: Yes
- Canal Width: None
Financial Considerations
- Price Per Acre: $1,639,118
- Association Fee: $25
- Assoc Fee Freq.: Annually
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: PALM LAKE BLK.B PB 12 PG 146 LOT 10
- Property ID: 34-46-22-T2-0080B.0100
- Section: 34
- Block: B
- Lot Number: 10
Listed by Royal Shell Real Estate, Inc.
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Schools
Schools serving 231 Palm Lake Dr
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Sanibel School 3840 Sanibel Captiva Road, Sanibel, FL 33957 | 6-8 | 2 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 14.4 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 14.2 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 17 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 19.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 231 Palm Lake Dr
Date
Details
Price
Change
Source
8/04/2025
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 231 Palm Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,263
-12%
$272,668
3%
2024
$3,704
5%
$264,983
3%
2023
$3,518
-9%
$257,265
-45%
2021
$3,870
1%
$468,556
88%
2022
$3,834
-1%
$249,772
4%
2021
$3,870
3%
$239,149
4%
2018
$3,754
—
$229,413
-2%
2019
$3,762
1%
$233,772
4%
2017
$3,742
1%
$224,694
2%
2016
$3,718
-1%
$220,072
-48%
2015
$3,765
—
$425,196
4%
2014
$3,758
—
$409,400
23%
2013
$3,763
—
$331,507
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 231 Palm Lake Dr
231 Palm Lake Dr, Sanibel, FL 33957 (MLS# 2025004330) is a Residential Lots property with a lot size of 0.363 acres. 231 Palm Lake Dr is currently listed for $595,000 and was received on August 04, 2025. Want to learn more about 231 Palm Lake Dr? Do you have questions about finding other Residential Lots real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

