$1,159,999

220 Palm Lake Dr Sanibel, FL 33957

$10,000
Closing credit¹
3 beds
3 full
1,774 sqft
0.3 acres
$654 / sqft
House

Property details

About 220 Palm Lake Dr

Charming Beach Cottage with Attached Bungalow – Steps from the Sand Welcome to your island oasis! This inviting property features a two-bedroom plus den, two-bathroom main house designed with elevated ceilings, a cozy wood-burning fireplace, and a spacious layout that blends comfort with coastal charm. An enclosed lanai seamlessly connects the main house to a private bungalow, which offers an additional one-room suite with its own bathroom—perfect for guests, an office, or a retreat space. The outdoor kitchen area, while in need of renovation, offers endless potential for customization, allowing you to create the perfect space for entertaining after a day at the beach. Nestled just a short stroll from the shoreline, this property combines convenience, privacy, and the opportunity to make it uniquely your own. It’s the perfect place to enjoy timeless charm and modern island living!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,774 sqft
Lot size0.35 Acres
Year built1987
ParkingAttached, Covered, Driveway, Underground, Garage, Paved, Two Spaces
MLS #225008036
Attached garage2 spaces
ViewLake

Summary

  • MLS Number: 225008036
  • MLS Name: SWFL
  • Office Name: VIP Realty Sanibel and Captiva
  • Office Phone: (239) 472-5187
  • Office Email: jhall@viprealtysales.com
  • Listing Agent: Becky Mulka

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bird's eye view featuring a water view

$1,159,999

220 Palm Lake Dr

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 01, 2015
Home Sold
$520,000

Tax history

YearAssessmentProperty Tax
2023$916,413$12,991
2022$856,482$10,217
2021$569,930$10,217
2020$523,247$8,464
2019$536,189$7,607
2018$531,608$7,690
2017$520,674$7,689

History based on county public records data.

Nearby schools

10

Fort Myers Beach Elementary School

Public District KG-5

9.6 mi

2751 Oak St

1

Harlem Heights Community Charter School

Public Charter KG-5

11.9 mi

15570 Hagie Dr

10

Oasis Charter Elementary School-South

Public Charter KG-5

12.0 mi

3415 Oasis Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,059. The most common annual income of people living in Sanibel, FL is less than $<35k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

56%
<35k
14%
35k-100k
27%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
3%
Single, with Kids
55%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
3%
12-17 yrs old
4%
18-34 yrs old
42%
35-64 yrs old
48%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • PaneraPanera
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • LincolnLincoln
  • InfinitiInfiniti
  • LexusLexus

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 220 Palm Lake Dr

This home is located at 220 Palm Lake Dr in Sanibel, FL and zip code 33957. This 1,774 square foot home, which was built in 1987, sits on a 0.35 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $1,159,999.

While more than 0 listings in Sanibel, FL in February 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 14 were sold below. In February 2025 in Sanibel, FL there were 21.6% more homes for sale than in January. While the average time on the market in February 2025 was 79 days, the median list price was $979,000.

From Rocket Homes Real Estate and based on county public records data.

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