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$823,000
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Property Description
****UPDATED 6/26/2026**** SELLER CREDIT TO BUYER FOR INSTALLATION OF POOL WITH THE RIGHT OFFER. SEE PROPOSED POOL PICTURES WITH COST ESTIMATES AVAILABLE UPON REQUEST. Attention Investors - Collect Rental Income From Day One This fully furnished 3-bedroom, 2-bathroom property is a rare opportunity for investors seeking immediate cash flow and long-term potential. Fully rented and income-producing, it offers a turnkey investment with low-maintenance ownership and affordable flood insurance costs. Whether you're looking to expand your investment portfolio or secure your future island retreat, this property lets you generate rental income now while keeping the option to enjoy island living later-part-time or full-time. Property Highlights: "¢ Fully furnished"¢ Fully rented with immediate rental income"¢ Turnkey, low-maintenance investment"¢ Low flood insurance costs"¢ Strong income-producing opportunity"¢ Potential future island home or vacation getaway Don't miss this opportunity to own an investment property that works for you from day one.
Full Property Details
Full Property Details for 785 Rabbit Rd
General
- Price: $823,000
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026010789
- Updated: 7/2/2026
- Added to Site: 92 day(s) ago
Rental Information
- Lease/Rent Term: 30
- Min. Lease (Days): 30
Interior
- Interior Features: Great Room, Family Room, Florida Room, Vaulted Ceiling(s), Wet Bar
- Fireplace: Yes
- Appliances: Electric Cooktop, Dishwasher, Dryer, Instant Hot Water, Microwave, Pot Filler, Refrigerator with Icemaker, Washer
- Furnishings: Negotiable
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Dual Sinks, Shower Only
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Master BR Sitting Area, Master BR Upstairs
Other Rooms
- Dining Room: Breakfast Room, Dining - Family
- Laundry: Inside
Additional Information
- Shared Amenities: Beach Access, Bike Storage, See Remarks, No Subdivision
- Security/Safety: Security System
Exterior
- Exterior Features: Balcony, Room for Pool
- Porch/Patio/Deck: Open Porch/Lanai, Deck, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: 2+ Spaces, Driveway Unpaved, Garage Door Opener, Attached
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: SANIBEL HAMLET
- Building Name: SANIBEL HAMLET
- Driving Directions: periwinkle rot san cap road to rabbits rd.
- Direction Faces: South
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 1
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric, Zoned
- Heating Type: Central Electric, Fireplace(s)
- Ceiling Fan(s): 5
Utilities
- Sewer: Assessment Paid
- Water: Assessment Paid
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Architectural Style: See Remarks
- Description/Design: Single Family Residence
- Exterior Const.: Elevated, Piling, Wood Frame
- Roof: Metal
- Windows: Impact Resistant, Impact Resistant Windows
- Doors: Impact Resistant Doors
- Entry Floor Number: 1
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 2,300
- Sq. Ft. Source: Floor Plan Service
- Living Area: 2,300 Sq. Ft.
- Year Built: 1987
Lot Features
- Property View: Landscaped Area, Preserve, River, Water, Trees/Woods
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,552
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 1 x 1 x 1 x 1
- Frontage: Public Road
- Frontage Feet: 1
- Road Maintenance: City Maintained
- Fence: Yes
- Irrigation System: Assessment Paid
- Lot Features: Regular
- Lot Description: Regular
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water Front Desc.: Freshwater, River Front
Financial Considerations
- Tax Year: 2024
- Terms: Seller Pays Title
Disclosures and Reports
- Ownership: Single Family
- Legal Description: PAR IN E1/2 OF E1/2 OF GL 2 DESC OR 3201 4629 AKA SANIBEL HAMLET N1/2 LT 4
- Property ID: 28-46-22-T2-00005.1010
- Section: 28
- Block: 5
- Lot Number: 4
Listed by John R. Wood Properties
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Schools
Schools serving 785 Rabbit Rd
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Sanibel School 3840 Sanibel Captiva Road, Sanibel, FL 33957 | 6-8 | 0.7 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 14.6 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 17.5 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 19.3 mi |
Estero High School 21900 River Ranch Road, Estero, FL 33928 | 9-12 | 19.4 mi |
Dunbar High School 3800 Edison Avenue, Fort Myers, FL 33916 | 9-12 | 21.5 mi |
Bonita Springs High School 25592 Imperial Parkway, Bonita Springs, FL 34135 | 9-12 | 21.6 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 785 Rabbit Rd
Date
Details
Price
Change
Source
7/02/2026
Price Reduced
$823,000
-0.24%
MLS
4/10/2026
Listed
$825,000
146.27%
MLS
8/02/2019
Sold
$335,000
—
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 785 Rabbit Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,524
18%
$519,780
10%
2024
$7,216
-26%
$472,527
-44%
2023
$9,752
48%
$847,408
93%
2021
$6,599
-17%
$438,729
-33%
2022
$7,913
20%
$651,850
56%
2021
$6,599
10%
$418,282
-1%
2019
$5,977
-10%
$423,944
-1%
2018
$6,608
-2%
$428,774
—
2017
$6,762
106%
$430,403
117%
2016
$3,281
-1%
$198,483
-49%
2015
$3,321
—
$387,305
1%
2014
$3,313
—
$381,801
22%
2013
$3,316
—
$313,905
—
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 785 Rabbit Rd
785 Rabbit Rd, Sanibel, FL 33957 (MLS# 2026010789) is a Single Family property with 3 bedrooms and 2 full bathrooms. 785 Rabbit Rd is currently listed for $823,000 and was received on April 10, 2026. Want to learn more about 785 Rabbit Rd? Do you have questions about finding other Single Family real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

