About this home
The location of this IMPROVED DOUBLE LOT on the corner of LIVE OAK & CROTON in IONA GARDENS is A HIDDEN PARADISE. This is a BUILDABLE DOUBLE lot and utilities are accessible and can be split (est. cost to split utilities is $10k) as the lot can be subdivided. It is estimated to cost $90,000 including set up to place a Manufactured Home. If a stick-built home is desired, the owners are LICENSED FLORIDA CONTRACTORS and they will build to suit. You own the land. There is an oak tree, palm tree, and a frangipani tree on the site. The lot is fenced and gated. There is NO HOME OWNERS ASSOCIATION! HOWEVER, there is an OPTIONAL / VOLUNTARY annual club membership for use of the community pool of only ~$350. The location is fantastic and near the Sanibel Causeway/Punta Rassa Boat launch. Local parks, entertainment, dining, shopping, the LIVELY downtown River Distric, and the fabulous beaches of Sanibel & Captiva are short drives away. Margaritaville Resort @ FMB is also a short drive away. Buy now and ride the wave to future appreciation when FMB is re-established and where we are re-inventing PARADISE one day at a time. Survey is in attached supplements. Estimated elevation is ~ 10' but an elevation certificate is not available because the property lacks a structure.
Listing last checked: Listing updated:
Listed by Tracy Meadows · SWFL Real Estate Experts · MLS #225028365
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Details at a glance
Interior1 property facts
- Cooling
- SeeRemarks
Building1 property facts
- Style
- Residential
Land & utilities3 property facts
- Lot size
- 0.2 acres
- Water
- Public
- Sewer
- Public Sewer
Financial3 property facts
- Annual taxes
- $2,008
- Assessment year
- 2024
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $197,500 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,166 / monthAdjust
- Principal & interest
- $999
- Property tax
- $167
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $2,008. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$125,000 · Sold $100,000 · Oct 31, 2023
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About 12081 Live Oak Drive
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