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487 E Gulf Drive, Sanibel, FL 33957
$1,950,000
487 E Gulf Drive, Sanibel, FL 33957View this property at 487 E Gulf Drive, Sanibel, FL 33957
487 E Gulf DriveSanibelFL33957
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Property Description
RARE opportunity to own an exclusive Sanibel home that maintains a unique year-round private residential family setting by not allowing rentals. Located on the coveted EAST END allowing ease of getting on/off island, this property has 250' of GULF FRONTAGE & SPECTACULAR VIEWS! With 2,288', this 3BR/3.5 BA corner, townhouse, lives like a single family house. A private elevator opens into the great rm w/stone floor, soaring beamed ceiling & stunning 2-story coral wall /fireplace. Two-story, floor to ceiling windows allow natural light to flood in. Custom wood cabinetry, high-end appliances are features of the KIT. A generous primary BR suite has a seating area, deck access, WIC w/organizers & in-suite BA w/dual sinks, jetted tub, separate WIS & laundry chute. Both guest BRs have an attached BA. A ½ BA is located on the main level. Overlooking the great rm, a loft showcases sparkling Gulf water views. Under the house is a 2 + garage with new garage door & extra storage as well as expansive wood deck.
Full Property Details
Full Property Details for 487 E Gulf Dr
General
- Price: $1,950,000
- Taxes: $17,071 (2021)
- Status: Active
- Type: Condo
- MLS ID: 222067191
- Updated: 5/21/2024
- Added to Site: 635 day(s) ago
Interior
- Interior Features: Breakfast Bar, Built-in Features, Bathtub, Closet Cabinetry, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Fireplace, Jetted Tub, Living/Dining Room, Pantry, Separate Shower, Cable TV, Upper Level Primary, Walk-In Closet(s), Wired for Sound, Central Vacuum, Elevator, High Speed Internet, Loft
- Fireplace: Yes
- Appliances: Built-In Oven, Dryer, Dishwasher, Freezer, Gas Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Beach Rights, Beach Access, Bike Storage, Pool, Storage
- Pool: Yes
- Pool Description: Community
Exterior
- Exterior Features: Deck, Storage, Shutters Electric
- Porch/Patio/Deck: Deck, Open, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached, Covered, Garage, Two Spaces, Garage Door Opener
Location
- County: Lee
- Subdivision: TIGUA CAY CONDO
- Driving Directions: Summerlin Rd west toward Sanibel; take causeway; at 4-way stop on Sanibel proceed straight on Lindgren; At the intersection with E. Gulf, turn left; Proceed on E. Gulf; 'Tigua Cay will be on the right side
- Direction Faces: Northwest
Community
- Community Name: SI01 - Sanibel Island
- Association: Yes
- Assoc. Fees Include: Association Management, Insurance, Maintenance Grounds, Pest Control
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, High Speed Internet Available, Underground Utilities
Structural Information
- Architectural Style: Multi-Level, Two Story, Duplex, Low Rise
- Structure Type: Low Rise, Duplex
- Construction: Block, Concrete, Stucco, Wood Frame
- Roof: Built-Up, Flat, Rolled/Hot Mop
- Windows: Single Hung, Sliding, Window Coverings
- Stories/Levels: 2
- Square Feet: 2,288
- Living Area: 2,288 Sq. Ft.
- Year Built: 1982
- Property Condition: Resale
Unit Information
- Unit Location: 2
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.08
- Lot Size: .08
- Lot Size Source: Appraiser
- Irrigation System: Municipal
- Lot Features: Other
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Beach Front, Gulf
Financial Considerations
- Other Assoc Fees: $8,000
- Tax Amount: $17,071
- Tax Year: 2021
- Terms: All Financing Considered, Cash
Disclosures and Reports
- Ownership: Condo
- Legal Description: TIGUA CAY CONDO OR 1649 PG 2645 UNIT 487
- Disclosures/Rstr.: Deed Restriction
- Property ID: 20-46-23-T3-03100.4870
- Block: 3100
- Lot Number: 487
Listed by VIP Realty Group,Inc
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Schools
Schools serving 487 E Gulf Dr
School District:Lee County School District
Rating | Name | Grades | Distance |
---|---|---|---|
3840 Sanibel Captiva Rd, Sanibel, FL 33957 | K-8 | 5.6 mi | |
8901 Cypress Lake Dr, Fort Myers, FL 33919 | 6-8 | 10.3 mi | |
6750 Panther Ln, Fort Myers, FL 33919 | 9-12 | 10.1 mi | |
14020 Plantation Rd, Fort Myers, FL 33912 | 9-12 | 12.7 mi | |
2635 Cortez Blvd, Fort Myers, FL 33901 | 9-12 | 15.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 487 E Gulf Dr
Date
Details
Price
Change
Source
5/21/2024
Price Reduced
$1,950,000
-7.14%
MLS
4/01/2024
Price Reduced
$2,100,000
-6.63%
MLS
3/17/2023
Price Reduced
$2,249,000
-18.22%
MLS
1/24/2023
Price Reduced
$2,750,000
-12.67%
MLS
11/14/2022
Price Reduced
$3,149,000
-7.38%
MLS
9/07/2022
Listed
$3,400,000
112.5%
MLS
5/11/2017
Sold
$1,600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 487 E Gulf Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$22,015
24%
$1,503,655
7%
2021
$17,783
1%
$1,411,830
9%
2022
$17,618
-1%
$1,297,102
4%
2021
$17,783
-9%
$1,241,935
-7%
2019
$19,626
-13%
$1,329,145
-11%
2018
$22,441
-4%
$1,491,453
-2%
2017
$23,386
6%
$1,520,523
6%
2016
$21,980
9%
$1,427,826
14%
2015
$20,247
-2%
$1,256,100
-6%
2014
$20,656
13%
$1,333,400
21%
2013
$18,354
—
$1,101,780
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 487 E Gulf Dr
487 E Gulf Drive, Sanibel, FL 33957 (MLS# 222067191) is a Condo property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 487 E Gulf Drive is currently listed for $1,950,000 and was received on September 07, 2022. Want to learn more about 487 E Gulf Drive? Do you have questions about finding other Condo real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.