201 WHEELER ROAD Boca Grande, FL $ 3,800,000
201 WHEELER ROAD
$ 3,800,000
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201 WHEELER ROAD

Boca Grande, FL, 33921
$ 3,800,000
Bedrooms4 Baths2.0 Sq 1,508

Monthly Estimate*

$ 23,397

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Apartment for sale in Boca Grande, FL

for $3,800,000 with 4 bedrooms and 2 full baths. This 1,508 square foot apartment was built in 1963 on a lot size of 0.39.

Exceptional redevelopment opportunity in one of Boca Grande’s most iconic settings. This 0.39-acre parcel is uniquely positioned with a protected wildlife corridor along the north boundary, ensuring lasting 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.

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Apartment Active

Price

$ 3,800,000

Bedrooms

4

Full Bath

2

Property Type

Apartment

Taxes

$ 22,585

Style

Ranch

Lot Size

0.39

Year Built

1963

Town/City

Boca Grande

County/Region

Lee

MLS | Web ID

D6147021

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities BB/HS Internet Available Cable Connected Electricity Connected Sewer Connected Water Connected
Roof Shingle
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
Zoning AG-2
Patio/Porch Features Rear Porch Screened
Architectural Style Ranch
Construction Materials Concrete
Pets Allowed Yes
Year Built 1963
View Water
Levels One
Property Subtype 1/2 Duplex
Tax Year 2025
Ownership Fee Simple
County Lee
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name WHEELER SUBDIVISION
Facing Direction West
Garage Y/N false
Total Rooms 6
Full Baths 2
Status Active
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.
City BOCA GRANDE
Senior Community Y/N false
MLS Area 33921 - Boca Grande (PO BOX)
Lot Size Units Square Feet
Lot Size Square Feet 16858
Carport Y/N false
Listing Terms Cash
Land Lease Y/N false
Tax Annual Amount 22585.26
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 700
Legal Description PARL IN G L 3 DESC OR 1527 PG 865 LESS RD R/W OR 1317 PG 747-8
Water View Beach
Water Access Type Beach Gulf/Ocean
Pet Size Limit Extra Large (101+ Lbs.)
Minimum Lease 1-7 Days
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Stone Counters Thermostat Walk-In Closet(s)
Flooring Terrazzo
Furnished Y/N Furnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Storm Window(s)
Fireplace Y/N false
Half Baths 0
Laundry Features Other
Total Bedrooms 4
Total Baths 2
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Exterior
Exterior Amenities Private Entrance
Vegetation Trees/Landscaped
Lot Features Conservation Area Corner Lot Landscaped
Water Source Public
Lot Size Area 16858
Foundation Details Block
Building Area Total 1508
Lot Dimensions 135 x 125
Lot Size Acres 0.39
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N false
Road Frontage Type Street Paved
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Michael Saunders & Co. - Boca

Broker

CarolStewart@michaelsaunders.com

Email

Affordability Calculator

$25,279
Per Month
93%
7%
0%
Monthly Principal & Interest
$23,397
Monthly Property Taxes
$1,882
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/14/2026$3,800,000 Listed Price

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201 WHEELER ROAD, Boca Grande, FL, 33921 is a Apartment for sale at $3,800,000 with 1,508 sqft and a lot size of 0.39. 201 WHEELER ROAD has 4 bedrooms, 2.0 baths, and was built in 1963. The property's zip code is 33921 which is in Boca Grande, FL