$617,000
SOLD OCT 30, 2015

2255 W Gulf Dr Unit 110 Sanibel, FL 33957

1 Bed
1 Bath
827 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$746 Per Sq Ft

3% Below List Price

137 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Vaulted Ceiling
  • Sanibel Elementary School Rated A-
  • Heated In Ground Pool
  • Furnished

About This Home

As of October 2015

Rare opportunity to own a luxurious top floor, direct gulf front, corner unit in a world class resort: Casa Ybel. Listed among its 500 Greatest Hotels in the World by Travel & Leisure Magazine, Casa Ybel resort attracts worldwide visitors. Offering the perfect blend of designer element and beachfront practicality, this property boasts the old historic island charm with the modern conveniences of today. Property features vaulted ceilings, granite counters throughout and spacious screened lanai with fabulous westerly sunset views. Look no further for a turn-key, worry free opportunity to own your own resort property.

Last Agent to Sell the Property

Eric Pfeifer

Pfeifer Realty Group LLC License #280522587 Listed on: 05/15/2015

Last Buyer's Agent

Bob Radigan

Premier Sotheby's Int'l Realty License #280500150

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,315

Year Built

  • Built in 1978

Lot Details

  • Property fronts gulf or ocean
  • Northeast Facing Home

Parking

  • Common or Shared Parking

Home Design

  • Built-Up Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 827 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Gulf Views

Kitchen

  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Dual Sinks
  • Bathtub with Shower

Home Security

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 8 / 140B
  • Assessor Parcel Number 35-46-22-T2-0140B.0080

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, cable TV, insurance, internet, laundry, legal/accounting, ground maintenance, recreation facilities, reserve fund, sewer, trash, water
  • 40 Units
  • Association Phone (239) 472-3145
  • Low-Rise Condominium
  • Cottage Colony West Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Restaurant
  • Laundry Facilities

Recreation

  • Community Beach Access
  • Tennis Courts
  • Shuffleboard Court
  • Community Pool
  • Community Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,315

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Ownership: Condo
  • Subdivision Name: COTTAGE COLONY WEST CONDO
  • Architectural Style: Other, 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
  • Spa Features: Electric Heat, In Ground
  • Private Spa: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Interior Amenities: Dual Sinks, Living/Dining Room, Tub Shower, Vaulted Ceiling(s), High Speed Internet
  • Living Area: 827.0
  • Stories: 2
  • Window Features: Single Hung, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Electric Heat, Heated, In Ground, Community
  • Pool Private: Yes
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: Northeast
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Parking Features: Common

Utilities

  • Laundry Features: Common Area
  • 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: Condo Hotel Community
  • Amenities: Beach Access, Laundry, Barbecue, Picnic Area, Pool, Restaurant, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Phone: 239-472-3145
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Laundry, Legal/Accounting, Maintenance Grounds, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 35-46-22-T2-0140B.0080
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 7315.0
  • Tax Block: 140B
  • Tax Lot: 8
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Oct 30, 2015
Sold by
Seacap Properties Lllp
Bought by
Land Gregory E
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Bob Radigan
Premier Sotheby's Int'l Realty
List Price
$639,000
Sold Price
$617,000
Premium/Discount to List
-$22,000
-3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.84%
Original Mortgage
$417,000
Outstanding Balance
$325,598
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$189,341

Purchase Details

Closed on
Jul 16, 2011
Sold by
Sparks James S and Sparks Julia L
Bought by
Seacap Properties Lllp

Purchase Details

Closed on
Jun 9, 2005
Sold by
Paignton South Lp
Bought by
Sparks James S and Sparks Julia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2002
Sold by
Delangsdorff Florence De and Delangsdorff Florence
Bought by
Paignton South Limited Partnership
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $617,000 Barrier Island Title Service
Quit Claim Deed -- None Available
Warranty Deed -- Barrier Island Title Svcs In
Warranty Deed $438,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 Adjustable Rate Mortgage/ARM
Previous Owner $460,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $502,000 -4.4% $607 / Sq Ft
04/18/2025 04/18/25 Price Changed $525,000 -0.2% $635 / Sq Ft
04/18/2025 04/18/25 Price Changed $525,900 -7.7% $636 / Sq Ft
03/09/2025 03/09/25 For Sale $569,900 -7.6% $689 / Sq Ft
10/30/2015 10/30/15 Sold $617,000 -3.4% $746 / Sq Ft
09/30/2015 09/30/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $639,000 -- $773 / 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 $1,407 $98,152 -- $98,152
2023 $3,363 $232,826 $0 $232,826
2022 $7,486 $538,274 $0 $0
2021 $6,974 $489,340 $0 $489,340
2020 $7,950 $550,715 $0 $550,715
2019 $7,463 $512,763 $0 $512,763
2018 $7,131 $479,655 $0 $479,655
2017 $7,408 $486,923 $0 $486,923
2016 $7,481 $482,926 $0 $482,926
2015 $6,845 $430,100 $0 $430,100
2014 $7,315 $454,800 $0 $454,800
2013 -- $476,100 $0 $476,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215030230

Florida Gulf Coast Multiple Listing Service

APN: 35-46-22-T2-0140B.0080