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$795,000
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Property Description
A rare offering on Sanibel's coveted East End, this vacant parcel is being sold exclusively together with the residence at 460 East Gulf Drive. The two properties will convey as one combined sale and will not be sold separately. Positioned steps from the beach access and adjoining a canal front home with a private boat lift, this lot expands the possibilities of the combined parcel. Whether your goals include enhanced privacy, room for future amenities, extra outdoor space, or long-term investment value, this property adds meaningful flexibility to the overall estate. Opportunities like this are exceptionally scarce. Pairing a vacant lot in this location with a beautifully updated waterfront residence creates a unique chance to own a multi parcel coastal retreat near the Sanibel Lighthouse, marinas, dining, shopping, and miles of Gulf shoreline.
Full Property Details
Full Property Details for 466 E Gulf Dr
General
- Price: $795,000
- HOA FEE: $4/month
- HOA FEE FREQ.: Annually
- Taxes: $11,658 (2025)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 2025019678
- Updated: 12/10/2025
- Added to Site: 62 day(s) ago
Additional Information
- Shared Amenities: Beach Access, Non-Gated, Sidewalks
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: SANIBEL ESTATES
- Building Name: SANIBEL ESTATES
- Driving Directions: USE GPS
- Direction Faces: Southeast
Community
- Association: Yes
- Assoc. Fees Include: None
- Management Type: None
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.327
- Lot Size (Sq. Ft.): 14,244
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 23 x 161 x 202 x 164
- Frontage: Public Road
- Frontage Feet: 23
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: Across From Waterfront, Irregular Lot
- Trees/Vegetation: See Remarks
- Lot Description: Across From Waterfront, Irregular Lot
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $2,431,192
- Association Fee: $50
- Assoc Fee Freq.: Annually
- Tax Amount: $11,658
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: SANIBEL ESTATES UNIT 1 BLK 8 PB 9 PG 115 LOT 1
- Property ID: 20-46-23-T3-01808.0010
- Section: 20
- Block: 8
- Lot Number: 1
Listed by Pfeifer Realty Group LLC
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Schools
Schools serving 466 E Gulf 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 | 5.6 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 10.2 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 10 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 12.7 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 15.5 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 466 E Gulf Dr
Date
Details
Price
Change
Source
11/17/2025
Listed
$795,000
2.58%
MLS
3/14/2025
Sold
$775,000
—
Public Record
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 466 E Gulf Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,523
10%
$995,803
31%
2024
$10,500
-9%
$760,092
-28%
2023
$11,489
48%
$1,050,717
116%
2021
$7,777
-13%
$485,705
-33%
2022
$8,916
15%
$729,916
59%
2021
$7,777
2%
$457,852
4%
2018
$7,612
1%
$441,016
-7%
2017
$7,502
5%
$476,426
5%
2016
$7,157
-7%
$453,758
-2%
2019
$7,695
8%
$464,311
—
2015
$7,119
8%
$463,796
11%
2014
$6,577
5%
$416,598
6%
2013
$6,274
—
$392,903
—
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 466 E Gulf Dr
466 E Gulf Dr, Sanibel, FL 33957 (MLS# 2025019678) is a Residential Lots property with a lot size of 0.327 acres. 466 E Gulf Dr is currently listed for $795,000 and was received on November 17, 2025. Want to learn more about 466 E Gulf 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.

