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$650,000

  • For Sale
  • Active
  • Residential Lots
  • 0.361 Acres
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Amazing Opportunity to build your Dream Beach House!! Greeted by mature Royal Palms lining the property. Very Spacious vacant lot just steps to the Beautiful Beaches of Sanibel!! So close to the beach that you can hear the waves!! Spacious lot is overlooking the length of the lake for wonderful serene lake views. Sanibel's well known Bike Path is along the front of the property providing easy bike access to all of Sanibel! Best value for a new home site extremely close to the beach along West Gulf Drive.

Full Property Details for 327 Palm Lake Dr

General

  • Price: $650,000
  • HOA FEE: $2/month
  • HOA FEE FREQ.: Annually
  • Taxes: $8,124 (2024)
  • Status: Active
  • Type: Residential Lots
  • Source: Bonita_Springs
  • MLS ID: 225025395
  • Updated: 12/10/2025
  • Added to Site: 311 day(s) ago

Additional Information

  • Shared Amenities: Beach Access, See Remarks, Non-Gated

Location

  • Area: SI01 - Sanibel Island
  • County: Lee
  • Subdivision: PALM LAKE
  • Building Name: PALM LAKE
  • Direction Faces: West

Community

  • Association: Yes
  • Assoc. Fees Include: None
  • Management Type: Residents

Utilities

  • Sewer: Central
  • Water: Central
  • Utility Description: Phone Available, Sewer Available, Water Available, Electricity Available

Structural Information

  • Description/Design: Residential Lot
  • Current Bldg. Use: Single Family

Lot Features

  • Property View: Lake
  • Lot Size (Acres): 0.361
  • Lot Size (Sq. Ft.): 15,725
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 172 x 41 x 146 x 185
  • Frontage: Public Road
  • Frontage Feet: 172
  • Irrigation System: See Remarks
  • Lot Features: Corner Lot, Irregular Lot, Oversize
  • Lot Description: Corner Lot, Irregular Lot, Oversize

Water Features

  • Water Front: Yes
  • Water Front Desc.: Lake
  • Lake Front: Yes
  • Canal Width: None

Financial Considerations

  • Price Per Acre: $1,800,554
  • Association Fee: $25
  • Assoc Fee Freq.: Annually
  • Tax Amount: $8,124
  • Tax Year: 2024
  • Terms: Buyer Finance/Cash

Disclosures and Reports

  • Legal Description: PALM LAKE BLK B PB 12 PG 146 LOT 19 LESS BEG NW COR LOT
  • Property ID: 34-46-22-T2-0080B.0190
  • Section: 34
  • Block: B
  • Lot Number: 19

Listed by John R. Wood Properties

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— 327 Palm Lake Dr —

  • John R. Wood Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 327 Palm Lake Dr

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
The Sanibel School
3840 Sanibel Captiva Road, Sanibel, FL 33957
6-81.9 mi
Cypress Lake Middle School
8901 Cypress Lake Drive, Fort Myers, FL 33919
6-814.5 mi
Cypress Lake High School
6750 Panther Lane, Fort Myers, FL 33919
9-1214.3 mi
South Fort Myers High School
14020 Plantation Road, Fort Myers, FL 33912
9-1217.1 mi
Fort Myers High School
2635 Cortez Boulevard, Fort Myers, FL 33901
9-1219.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 327 Palm Lake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2025
Listed
$650,000
23.81%
MLS
9/05/2008
Sold
$525,000
—
Public Record
Get Price Alerts and Save Property
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 for 327 Palm Lake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,879
-15%
$488,248
-15%
2024
$8,124
-49%
$574,174
-57%
2023
$15,909
29%
$1,323,925
65%
2021
$12,321
-16%
$802,708
-33%
2022
$14,652
19%
$1,193,897
62%
2021
$12,321
2%
$735,634
-2%
2018
$12,026
11%
$751,894
6%
2017
$10,855
6%
$709,786
8%
2016
$10,200
2%
$656,822
—
2015
$10,030
8%
$658,105
9%
2014
$9,312
-20%
$601,689
-19%
2019
$11,694
43%
$745,320
56%
2013
$8,169
—
$476,696
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by John R. Wood Properties

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327 Palm Lake Dr, Sanibel, FL 33957 (MLS# 225025395) is a Residential Lots property with a lot size of 0.361 acres. 327 Palm Lake Dr is currently listed for $650,000 and was received on March 12, 2025. Want to learn more about 327 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.

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