David Ramirez
$389,000$395,000$3,223 /mo all-in ↓

486 PONCE DE LEON ROAD, SANIBEL, FL, 33957

Active201 days on marketListed Jan 5, 2026MLS #TB8459079

Priced 24% below the SANIBEL 33957 medianReduced $6KCITY SANIBEL

About this home

486 PONCE DE LEON ROAD

One or more photo(s) has been virtually staged. Shovel-Ready Sanibel Estate Lot | 0.74 Acres | Six Combined Lots | Most Permitting Completed! Create your dream island estate on one of Sanibel's most unique and private homesites. This extraordinary 0.74-acre (MOL) property combines six lots into one expansive, wooded corner parcel tucked away on a quiet, private road, offering the rare combination of space, privacy, and old Florida charm. What truly sets this property apart is that the hard work has already been done. Extensive city permitting, plan reviews, and structural approvals have been completed through the City of Sanibel, with renderings and project details readily available through the MySanibel portal. Skip years of planning and move directly toward building your custom island retreat. Surrounded by lush native landscaping and located just minutes from Sanibel's world-renowned beaches, 25 miles of scenic bike paths, shopping, and popular dining destinations, this property offers the opportunity to create a private family compound, luxury vacation home, or legacy estate in one of Florida's most desirable island communities. Large, buildable lot with approvals already in place are exceptionally rare on Sanibel. Secure your piece of paradise and begin building the island lifestyle you've been dreaming of.

Facts & features

The home at a glance

0.78 ac

Lot size

Trees/Woods view

Inside

Outside & construction

ViewTrees/Woods

Community & fees

Taxes (2024)$7,208/yr

Utilities & systems

UtilitiesBB/HS Internet Available · Electricity Available · Public · Sewer Available · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$3,223 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,290
FHA mortgage insurance (est.)$172
Property tax — 2024 actual bill$601
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $13,615Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $13,615
Interest rate6.00%
Loan term

Estimated payment

$3,223/mo

Principal & interest$2,290
FHA mortgage insurance (est.)$172
Property taxes (actual bill)$601
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Sanibel Highlands

Map of 486 PONCE DE LEON ROAD inside its neighborhood boundary

Get to know Sanibel. See the full Sanibel guide →

Sanibel Highlands — neighborhood snapshot

Population

308

Median age

61

Median income

$42,108

Median home value

$466,700

Avg household

1

Households w/ children

4%

For the school run

Lee County School District

ElementaryThe Sanibel School★★★★★
HighCypress Lake High School★★★★★
HighSouth Fort Myers High School★★★★
HighFort Myers High School★★★★★
HighBonita Springs High School★★★★★
HighDunbar High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sanibel market

Seller’s marketBalanced6.0 months of inventoryBuyer’s market

$813K$425K

Sanibel median sold, yr/yr

95.3%

Sale-to-list ratio (12 mo)

Median sold price, Sanibel, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 24% below the SANIBEL 33957 median. See the full Sanibel market guide →

Paper trail

This home's history

CurrentPrice reduced to $389,000 $6K
Jan 5, 2026Listed at $395,000 · 201 days on market since

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 486 PONCE DE LEON ROAD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 486 PONCE DE LEON ROAD — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

486 PONCE DE LEON ROAD FAQs

What would the monthly payment be for 486 PONCE DE LEON ROAD?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,223/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 486 PONCE DE LEON ROAD?+

The most recent tax bill on record (2024) was $7,208. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Sanibel?+

At $389,000, this home is listed about 82% below the Sanibel median of $2,222,500. The market section on this page shows how the area is trending.

Which schools are assigned to 486 PONCE DE LEON ROAD?+

The Sanibel School (elementary), Cypress Lake High School (high), South Fort Myers High School (high), Fort Myers High School (high), Bonita Springs High School (high), Dunbar High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Under the SANIBEL 33957 market on paper

$389,000 is 24% below the SANIBEL 33957 median of $515,000.

02Trees/Woods views

The trees/woods view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

201 days on market against a Sanibel median of 31 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

The Sanibel School, Cypress Lake High School, South Fort Myers High School, Fort Myers High School, Bonita Springs High School, Dunbar High School — The Sanibel School rates 5 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $395,000, now $389,000 — a $6K cut. The full history is in the market section below.

Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL · Shawn Killebrew. MLS #TB8459079.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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