NOT LISTED FOR SALE

2501 W Gulf Dr Unit 201 Sanibel, FL 33957

Estimated Value: $1,246,000 - $1,709,533

3 Beds
2 Baths
2,200 Sq Ft
7,492 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $1,899,000 $863 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $8,767/month

32 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Community Pool
  • Sanibel Elementary School Rated A-
  • Furnished
  • 3-minute walk to Tarpon Bay Road Beach Park

About This Home

As of April 2022

Located on W. Gulf Drive, this end unit 3BR/2BA condominium has 2200 sq ft of living space overlooking the tranquil waters of the Gulf of Mexico. The impressive Pine Cove complex is comprised of only 16 units offering peace and tranquility as well as the convenience of nearby shops and restaurants. Entertaining is a pleasure in the large open concept kitchen that flows seamlessly into the living room and onto the 350 sq ft wrap-around porch beyond. The owner’s suite is spacious with luxurious bathroom and ample closet space. The 2 guestrooms are sizeable and share a well-appointed bathroom. The condo is equipped with a laundry room with full size washer/dryer. Added amenities include covered parking with two reserved spaces, private ground floor storage closet, weekly rentals to maximize rental income and an elevator. This unit is offered turn-key with attractive coastal décor. Don’t miss your chance to own a piece of paradise!

Last Agent to Sell the Property

Eric Pfeifer

Pfeifer Realty Group LLC License #280522587 Listed on: 03/23/2022

Last Buyer's Agent

Karen Bell

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,811

Year Built

  • Built in 1986

Lot Details

  • Property fronts gulf or ocean
  • North Facing Home

Property Views

  • Gulf
  • Pool

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Washer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Balcony
  • Screened Patio
  • Outdoor Storage
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 201 / 700
  • Assessor Parcel Number 35-46-22-T1-00700.2010

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, insurance, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, sewer, trash, water
  • 16 Units
  • Association Phone (239) 472-5020
  • Low-Rise Condominium
  • Pine Cove Of Sanibel Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Community Beach Access
  • Community Pool
  • Community Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,811

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: PINE COVE OF SANIBEL
  • Directions: West on Periwinkle Way, Left on Tarpon Bay Road, Right on West Gulf, Pine Cove immediately on left, Building 1, Second floor
  • Architectural Style: Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1986
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Bathtub, Dual Sinks, Entrance Foyer, Living/Dining Room, Separate Shower, Cable TV, Split Bedrooms
  • Living Area: 2200.0
  • Stories: 3
  • Window Features: Sliding, Window Coverings

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf, Landscaped, Pool
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Stucco, Wood Frame
  • Direction Faces: North
  • Exterior Features: Storage
  • Patio And Porch Features: Balcony, Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Parking Features: Assigned, Covered, Underground, Paved, Two Spaces

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
  • Amenities: Beach Rights, Beach Access, Barbecue, Picnic Area, Pool, Spa/Hot Tub
  • Phone: 239-472-5020
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Schools

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

Lot Info

  • Parcel #: 35-46-22-T1-00700.2010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 16

Tax Info

  • Tax Annual Amount: 15811.0
  • Tax Block: 700
  • Tax Lot: 201
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2022
Sold by
Mcwilliams Barbara A and Mcwilliams Thomas A
Bought by
Barbara C Mcwilliams Bloodline Trust
Current Estimated Value
$1,490,502

Purchase Details

Listed on
Sep 24, 2019
Closed on
Nov 15, 2019
Sold by
Junonia Lp
Bought by
Moorhouse William H and Moorhouse Margaret P
Seller's Agent
Susan Andrews
SanibelSusan Realty Associates
Buyer's Agent
Eric Pfeifer
List Price
$1,395,000
Sold Price
$1,350,000
Premium/Discount to List
-$45,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%

Purchase Details

Closed on
Dec 28, 2018
Sold by
Buehler David and Buehler Brenda
Bought by
Junonia Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2003
Sold by
Macy Warren L and Macy Constance
Bought by
Buehler David and Buehler Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
5.79%
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
Barbara C Mcwilliams Bloodline Trust $100 Obrien Law Firm Llc
Moorhouse William H $1,350,000 Barrier Island Title
Junonia Lp $1,300,000 Barrier Island Title
Buehler David $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Junonia Lp $600,000
Previous Owner Buehler Brenda $700,000
Previous Owner Buehler David $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $1,899,000 0.0% $863 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $1,899,000 +40.7% $863 / Sq Ft
11/15/2019 11/15/19 Sold $1,350,000 -3.2% $614 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $1,395,000 -- $634 / 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 $7,270 $342,157 -- $342,157
2023 $7,270 $504,649 $0 $504,649
2022 $17,937 $1,221,898 $0 $0
2021 $15,811 $1,110,816 $0 $1,110,816
2020 $15,826 $1,097,393 $0 $1,097,393
2019 $15,343 $1,055,403 $0 $1,055,403
2018 $15,696 $1,057,018 $0 $1,057,018
2017 $15,376 $1,063,478 $0 $1,063,478
2016 $14,463 $997,509 $0 $997,509
2015 $13,509 $905,100 $0 $905,100
2014 $12,567 $842,500 $0 $842,500
2013 -- $779,900 $0 $779,900
Source: Public Records

Agents Affiliated with this Home

  • Eric Pfeifer

    Seller's Agent in 2022

    Eric Pfeifer

    Pfeifer Realty Group LLC

    (239) 472-0004

    663 in this area

    950 Total Sales

    Section Image

  • K

    Buyer's Agent in 2022

    Karen Bell

    Section Image
  • Susan Andrews

    Seller's Agent in 2019

    Susan Andrews

    SanibelSusan Realty Associates

    (239) 565-3128

    50 in this area

    52 Total Sales

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222019504

Florida Gulf Coast Multiple Listing Service

APN: 35-46-22-T1-00700.2010

Florida Lee County Sanibel 33957

2501 W Gulf Dr Unit 201, Sanibel, FL

This home is located at 2501 W Gulf Dr Unit 201, Sanibel, FL 33957 since 23 March 2022 and is currently estimated at $1,538,178, approximately $699 per square foot. This property was built in 1986. 2501 W Gulf Dr Unit 201 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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