NOT LISTED FOR SALE

1299 Middle Gulf Dr Unit A102 Sanibel, FL 33957

Sanibel Island Neighborhood

Estimated Value: $554,259 - $1,335,000

2 Beds
2 Baths
1,389 Sq Ft
$967/mo HOA Fee

Last Sold May 07, 2021

Last sale price $1,275,000 $918 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $6,724/month

26 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Community Pool
  • Sanibel Elementary School Rated A-
  • Furnished
  • Elevator

About This Home

As of May 2021

Spectacular wide open vistas of Sanibel’s world famous beaches and the shimmering Gulf waters abound from this three bedroom two bath plus cabana paradise. Spacious screened lanai spanning both the living room and master suite is the perfect place to relax and unwind to the soothing sounds of waves and swaying palm fronds. Bright cheerful kitchen features breakfast bar, custom cabinets and trey ceiling. Stunning views of the Gulf can be seen from the kitchen, living room, dining area, and master bedroom. Includes a private cabana for extra storage and beach/pool convenience. Compass Point has a solid rental history making it an ideal income generating vacation rental or intimate winter retreat. This Luxury Gulf front complex has only 45 units. The minimum rental period is 7 days. Compass Point owners enjoy a heated swimming pool, tennis courts, shuffle board, grills, covered parking and elevators.

Last Agent to Sell the Property

Eric Pfeifer

Pfeifer Realty Group LLC License #280522587 Listed on: 03/11/2021

Last Buyer's Agent

Art Corace

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,026

Year Built

  • Built in 1979

Lot Details

  • Property fronts gulf or ocean
  • North Facing Home

HOA Fees

  • $967 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,389 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Shutters
  • Sliding Windows
  • Combination Dining and Living Room
  • Gulf Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Attached Carport Space
  • Guest Parking

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Porch

Schools

  • Sanibel Elementary And Middle School
  • Fort Myers Choice High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 102 / 260A
  • Assessor Parcel Number 30-46-23-T3-0260A.1020

Community Details

Overview

  • Association fees include management, insurance, legal/accounting, ground maintenance, recreation facilities, sewer, water
  • 45 Units
  • Association Phone (239) 472-5020
  • Low-Rise Condominium
  • Compass Point Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,026

Year Built

Built in 1979

Lot Details

0

HOA Fees

$967 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: COMPASS POINT CONDO
  • Directions: West On Periwinkle Way, Left on Donax St, Right on East Gulf, Left on Fulgar St, Right on Middle Gulf Dr. Compass Point complex immediately on left.
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1979
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Dual Sinks, High Speed Internet, Living/Dining Room, Shower Only, Separate Shower, Cable TV, Split Bedrooms
  • Living Area: 1389.0
  • Stories: 3
  • Window Features: Sliding, Impact Glass, Shutters, Window Coverings

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Security/High Impact Doors, Storage, Tennis Court(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, Underground, Guest, One Space, Attached Carport

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Non-Gated, Tennis Court(s)
  • Amenities: Beach Rights, Beach Access, Barbecue, Picnic Area, Pool, Tennis Court(s)
  • Association #2 Fee: 2900.0
  • Association #2 Fee Frequency: Quarterly
  • Phone: 239-472-5020
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Insurance, Legal/Accounting, Maintenance Grounds, Recreation Facilities, Sewer, Water

Schools

  • Elementary School: SANIBEL SCHOOL
  • High School: FORT MYERS CHOICE
  • Middle Or Junior School: SANIBEL SCHOOL

Lot Info

  • Parcel #: 30-46-23-T3-0260A.1020
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 45

Tax Info

  • Tax Annual Amount: 15026.0
  • Tax Block: 260A
  • Tax Lot: 102
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Hockett and Peggy
Bought by
Finley David L and Merkel-Finley Sandra F
Total Days on Market
26
Current Estimated Value
$976,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,445,500
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
-$420,691

Purchase Details

Listed on
Mar 11, 2021
Closed on
May 7, 2021
Sold by
Ostrander Joanna and Ostrander Robert
Bought by
Hockett Keith and Hockett Peggy
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Art Corace
List Price
$1,375,000
Sold Price
$1,275,000
Premium/Discount to List
-$100,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.24%

Purchase Details

Closed on
Oct 15, 2016
Sold by
Ostrander Joanna
Bought by
Ostrander Joanna

Purchase Details

Closed on
Sep 27, 2011
Sold by
Hart Miriam
Bought by
Ostrander Joanna and The Miriam Hart Qualified Personal Resid

Purchase Details

Closed on
Jul 2, 2009
Sold by
Degen Robert J and Degen Elise R
Bought by
Hart Miriam

Purchase Details

Closed on
Nov 13, 1996
Sold by
Sawtelle Jean E
Bought by
Degen Robert J and Degen Elise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
8.02%

Purchase Details

Closed on
Feb 14, 1996
Sold by
Sawtelle Jean E
Bought by
Sawtelle Jean E
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Finley David L $1,875,000 Coastal Title Services
Hockett Keith $1,275,000 Paradise Coast T&E Llc
Ostrander Joanna -- None Available
Ostrander Joanna -- Attorney
Hart Miriam $1,100,000 Barrier Island Title Service
Degen Robert J $480,000 --
Sawtelle Jean E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finley David L $1,500,000
Previous Owner Hockett Peggy $647,200
Previous Owner Sotrander Robert $417,000
Previous Owner Degen Robert J $246,000
Previous Owner Degen Robert J $100,000
Previous Owner Degen Robert J $250,000
Previous Owner Degen Robert J $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $1,275,000 -7.3% $918 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $1,375,000 -- $990 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,494 $136,273 -- $136,273
2023 $3,494 $241,934 $0 $241,934
2022 $19,557 $1,479,014 $0 $1,445,014
2021 $15,649 $1,099,431 $0 $1,099,431
2020 $15,652 $1,085,280 $0 $1,085,280
2019 $15,179 $1,044,098 $0 $1,044,098
2018 $15,517 $1,044,905 $0 $1,044,905
2017 $15,819 $1,040,868 $0 $1,040,868
2016 $15,349 $1,008,581 $0 $1,008,581
2015 $14,513 $940,472 $0 $940,472
2014 -- $859,600 $0 $859,600
2013 -- $734,890 $0 $734,890
Source: Public Records

Agents Affiliated with this Home

  • Eric Pfeifer

    Seller's Agent in 2021

    Eric Pfeifer

    Pfeifer Realty Group LLC

    (239) 472-0004

    681 in this area

    974 Total Sales

    Eric Pfeifer
    Section Image

  • A

    Buyer's Agent in 2021

    Art Corace

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221017999

Florida Gulf Coast Multiple Listing Service

APN: 30-46-23-T3-0260A.1020

Florida Lee County Sanibel 33957 Sanibel Island

1299 Middle Gulf Dr Unit A102, Sanibel, FL

This home is located at 1299 Middle Gulf Dr Unit A102, Sanibel, FL 33957 since 11 March 2021 and is currently estimated at $976,420, approximately $702 per square foot. This property was built in 1979. 1299 Middle Gulf Dr Unit A102 is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

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