$3,450,000

201 Wheeler Road

Boca Grande, FL 33921

Active
4
Beds
2
Baths
1,508
Sq Ft
0.39
Acres
1963
Built
Water viewWater access$2,288/sqft
🏠Half Duplex

Property type

🏗️1963

Year built

📐16,858 sqft

Lot size

📊$2,288

Price / sq ft

🏘️No HOA

HOA dues

📅42

Days on market

🌊AE

Flood zone

About this home

Exceptional redevelopment opportunity in one of Boca Grande’s most iconic settings. This 0.39-acre parcel is uniquely positioned with a state-owned corridor along the north boundary, adds privacy, openness, and light. To the west, enjoy a stable Gulf view corridor and the prominent presence of the iconic Gasparilla Island Lighthouse, creating a rare combination of scenery and identity. The existing duplex provides immediate use or rental income while planning your future luxury build. Few properties offer this blend of conservation adjacency, view protection, and landmark proximity—a scarce offering for buyers seeking a signature Gulfside homesite in a legacy location.

Estimated monthly payment

Principal & interest$17,445
Property taxes$1,882
Home insurance (est.)$1,581

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history42 days on market

  1. Status: Active
    Apr 14, 2026
  2. Listed$3,800,000
    Apr 14, 2026
  3. Price reduced$3,450,000

Facts & features

Property type
Residential
Sub type
Half Duplex
Status
Active
Days on market
42
Subdivision
Wheeler Subdivision
County
Lee
Year built
1963
Living area
1,508 sq ft
Price/sq ft
$2,288
Lot size
16,858 sq ft
Lot category
1/4 to less than 1/2
Flood zone
AE
Annual taxes
$22,585 (2025)
Parcel #
23-43-20-00-00007.7000
Zoning
AG-2
MLS #
D6147021

Interior Details

Bedrooms
4
Full bathrooms
2
Flooring
Terrazzo
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Interior features
Ceiling Fans(s), Stone Counters, Thermostat, Walk-In Closet(s)
Laundry
Other
Stories / Levels
One
Direction faces
West

Heating & Cooling

Heating
Electric
Cooling
Central Air

Parking

Attached garage
No

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
1-7 Days
Listing terms
Cash
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Private Entrance
Construction materials
Concrete
Roof
Shingle
Foundation
Block
Water access
Yes
Water view
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Community

Pets allowed
Yes

Room Details

RoomLevelDimensions
KitchenFirst8.2x8.9
Living RoomFirst16x14
Bathroom 1First4.1x7
Primary BedroomFirst10x12
Bedroom 2First8.5x12
Balcony/Porch/LanaiFirst29x12

Listing Details

Listing date
2026-04-14
On market date
2026-04-14
Original list price
$3,800,000
Occupant type
Tenant
MLS area
33921 - Boca Grande (PO BOX)
Listing AOR
Englewood
Status changed
2026-04-14
Tax legal description
PARL IN G L 3 DESC OR 1527 PG 865 LESS RD R/W OR 1317 PG 747-8

Flood risk

High riskFEMA Zone AE

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Begin by exiting the Boca Grande Toll Bridge onto Gasparilla Road and head south toward Boca Grande. Continue on Gasparilla Road as it leads you onto the island of Boca Grande. Follow the road as it becomes 5th Street West and continue straight into the downtown Boca Grande area. Proceed through the village, staying on the main road as it curves and becomes 5th Street East. Continue eastbound, then turn left onto Wheeler Road. Follow Wheeler Road for a short distance, and you will arrive at 201 Wheeler Road, which will be on your left.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of May 26, 2026 at 11:00 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA