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****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.
Property Details
Price: $823,000
Sq Ft: 2,300
($358 per
sqft)
Bedrooms: 3
Bathrooms: 2
City: Sanibel
County: Lee
Type: Single Family
Development: Sanibel Hamlet
Acres: 0.3800
Virtual Tour/Floorplan:
View
Year Built: 1987
Listing Number: 2026010789
Status Code: A-Active
Taxes: $7,216.43
Tax Year: 2024
Application Fee: $0.00
Garage:
2
/
Y
Furnishings: Negotiable
Pets Allowed: Yes
Interior Features:
Fireplace
Vaulted Ceiling(s)
Wet Bar
Amenities:
Beach Access
Bike Storage
See Remarks
Financial Information:
Taxes: $7,216.43
Tax Year: 2024
Exterior Features:
Balcony
Open Porch/ Lanai
Equipment:
Electric Cooktop
Dishwasher
Dryer
Instant Hot Faucet
Microwave
Pot Filler
Refrigerator/ Icemaker
Washer
View:
Y
Waterfront Description:
Fresh Water
River Front
Additional Information:
Building Description: Two Story, Single Family
Community Type: No Subdivision
MLS Area: Sanibel Hamlet
Total Square Footage: 2,380
Total Floors: 2
Water: Assessment Paid
Construction: Wood Frame
Short Sale: No
Date Listed: 2026-04-10 00:00:00
Furnished: Negotiable
Parking: Driveway Unpaved, Attached
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Tile
Roof: Metal
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric, Zoned
Fireplace: Y
Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Security: Security System
Laundry: Laundry In Residence
Irrigation: Assessment Paid
Pets: Yes
Restrictions: Deeded
Maintenance: None
Lot Desc.: Regular
Amenities: Beach Access, Bike Storage, See Remarks
Map of 785 Rabbit Rd, Sanibel, FL 33957
Listing Courtesy Of: John R. Wood Properties
sanibeltony@gmail.com