NOT LISTED FOR SALE

1785 Middle Gulf Dr Unit A203 Sanibel, FL 33957

Estimated Value: $688,915 - $1,594,000

3 Beds
2 Baths
1,392 Sq Ft
$908/mo HOA Fee

Last Sold October 26, 2015

Last sale price $979,000 $703 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,469/month

333 Days on Market

Highlights

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

About This Home

As of October 2015

Own the spectacular, restful views from this large well maintained 3/2 condo in Sanddollar, one of Sanibel's most enjoyable condo complexes. This condo, located on the second living level above the ground, is one of a very few direct gulf front view condos that offers 3 bedrooms. The owners have meticulously maintained this condo with continuous upgrades ranging from high impact sliders and repiping to furniture and appliances, including flat screen TVs resulting in $68,815 rental income for 2014 (with $27,900 income booked so far for 2015). The Sanddollar complex is ideally located in a private setting at the western end of Middle Gulf Drive and provides a pool and tennis courts. This condo offers an unusual opportunity for owners/investors to use, enjoy, or rent out a three bedroom Sanibel direct gulf front condo. Plan now to view this condo.

Last Agent to Sell the Property

Glen Simmons

Royal Shell Real Estate, Inc. License #280500208 Listed on: 10/27/2014

Royal Shell Real Estate, Inc.

Co-Listed By

Tina DiCharia

Royal Shell Real Estate, Inc. License #280596822

Last Buyer's Agent

Bob Radigan

Premier Sotheby's Int'l Realty License #280500150

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,994

Year Built

  • Built in 1978

Lot Details

  • Property fronts gulf or ocean
  • North Facing Home

HOA Fees

  • $908 Monthly HOA Fees

Parking

  • Common or Shared Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,392 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 203 / 100A
  • Assessor Parcel Number 36-46-22-T2-0100A.2030

Community Details

Overview

  • Association fees include cable TV, insurance, legal/accounting, ground maintenance, recreation facilities, sewer, trash
  • 36 Units
  • Association Phone (239) 472-4068
  • Low-Rise Condominium
  • Sanddollar Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,994

Year Built

Built in 1978

Lot Details

0

HOA Fees

$908 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: VIPR07
  • Co List Office Phone: (239) 472-5187
  • Ownership: Condo
  • Subdivision Name: SANDDOLLAR CONDO
  • Architectural Style: Traditional, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Year Built: 1978
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Dual Sinks, Living/Dining Room, Shower Only, Separate Shower, Cable TV, High Speed Internet, Split Bedrooms
  • Living Area: 1392.0
  • Stories: 3
  • Window Features: Single Hung, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: See Remarks
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat, Shingle

Garage/Parking

  • Parking Features: Common, Paved

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Elevator, Non-Gated
  • Amenities: Beach Access, Barbecue, Picnic Area, Pool, Tennis Court(s)
  • Association #2 Fee: 2725.0
  • Association #2 Fee Frequency: Quarterly
  • Phone: 239-472-4068
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Recreation Facilities, Sewer, Trash

Lot Info

  • Parcel #: 36-46-22-T2-0100A.2030
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 36

Tax Info

  • Tax Annual Amount: 10994.0
  • Tax Block: 100A
  • Tax Lot: 203
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2014
Closed on
Oct 21, 2015
Sold by
Watz Martin C
Bought by
Sanddollar A203 Llc
Seller's Agent
Glen Simmons
Royal Shell Real Estate, Inc.
Buyer's Agent
Bob Radigan
Premier Sotheby's Int'l Realty
List Price
$1,015,000
Sold Price
$979,000
Premium/Discount to List
-$36,000
-3.55%
Current Estimated Value
$1,126,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,852
Avg. Annual Appreciation
1.61%
Original Mortgage
$552,000
Outstanding Balance
$442,234
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$702,071

Purchase Details

Closed on
Jan 7, 1998
Sold by
Watz Martin C and Watz Deborah K
Bought by
Watz Martin C
Source: Public Records

Range of Values:

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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
Sanddollar A203 Llc $979,000 Attorney
Watz Martin C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanddollar A203 Llc $552,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2015 10/26/15 Sold $979,000 -3.5% $703 / Sq Ft
09/26/2015 09/26/15 Pending -- -- --
10/27/2014 10/27/14 For Sale $1,015,000 -- $729 / 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 $4,709 $137,628 -- $137,628
2023 $4,709 $326,443 $0 $326,443
2022 $13,173 $924,443 $0 $0
2021 $11,966 $840,403 $0 $840,403
2020 $11,975 $830,110 $0 $830,110
2019 $11,626 $799,425 $0 $799,425
2018 $13,324 $897,133 $0 $897,133
2017 $13,857 $911,668 $0 $911,668
2016 $13,047 $843,000 $0 $843,000
2015 $11,629 $731,200 $0 $731,200
2014 $11,452 $712,300 $0 $712,300
2013 -- $655,600 $0 $655,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214059359

Florida Gulf Coast Multiple Listing Service

APN: 36-46-22-T2-0100A.2030