NOT LISTED FOR SALE

2501 W Gulf Dr Unit A Sanibel, FL 33957

Estimated Value: $825,000 - $1,059,000

2 Beds
2 Baths
1,091 Sq Ft
$1,833/mo HOA Fee

Last Sold January 20, 2023

Last sale price $1,060,000 $972 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,795/month

36 Days on Market

Highlights

  • Beach Front
  • Outdoor Pool
  • Screened Porch
  • Sanibel Elementary School Rated A-
  • Gulf View
  • 3-minute walk to Tarpon Bay Road Beach Park

About This Home

As of January 2023

Awesome Beachfront condo ready for you to make your own. Low density building. Weekly rentals. Beachfront pool. Close to Shops, dining and more. This is a great opportunity to customize. Unit had little damage and was able to save Appliances, Cabinets, etc. Units were selling pre storm at $1.5M.

Last Agent to Sell the Property

Michael McMurray

Royal Shell Real Estate, Inc. License #587669 Listed on: 11/15/2022

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Eric Pfeifer

Pfeifer Realty Group LLC License #3014853

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,049

Year Built

  • Built in 1985

Lot Details

  • Beach Front
  • Property fronts gulf or ocean

HOA Fees

  • $1,833 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,091 Sq Ft Home
  • Ceiling height between 8 to 10 feet
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Gulf Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Covered Parking
  • Assigned Parking

Pool

  • Outdoor Pool

Utilities

  • No Cooling
  • Central Heating

Listing and Financial Details

  • $250 Application Fee
  • Assessor Parcel Number 35-46-22-T1-00700.00A0

Community Details

Overview

  • Application Fee Required
  • Association fees include insurance bldg, irrigation, landscape/lawn, legal and accounting, manager, parking, pool service, recreation facilities, sewer, trash, water
  • Island Management Association
  • Pine Cove Of Sanibel Community

Recreation

  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Additional Features

  • Community Barbecue Grill
  • Complete Storm Protection

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,049

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,833 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Legal Description: PINE COVE OF SANIBEL OR 1787 PG 3886 UNIT A
  • Strap Number: 35-46-22-T1-00700.00A0
  • Subject To F I R P T A: No
  • Year Built: 1985
  • Level: 1
  • Pets: Not Allowed
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 971.59
  • Total Sq Ft: 1237
  • Appliances: See Remarks
  • Estimated Living Sq Ft: 1091
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Floor: 1
  • Flooring: Tile Floor
  • Furnished: No
  • Furnishing: See Remarks
  • Windows: Sliding, Storm Protection All

Exterior Features

  • Misc Exterior: CBS
  • Waterfront: Beach, Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Pool: Yes
  • View: Direct Gulf

Garage/Parking

  • Parking: Assigned, Covered

Utilities

  • Sewer: City
  • Water: See Remarks
  • Air Conditioner: No
  • Cooling: See Remarks
  • Heating: Central Heat, See Remarks
  • Security: See Remarks

Condo/Co-op/Association

  • Association Fees Disp: Y - $5500/Q
  • Association Fee: 5500
  • Association Fee Period: Quarterly
  • Association Right Of Refusal: No
  • Association Management: Island Management
  • Management Company Phone: 239-472-502
  • Condo Amenities: Grills, Hot Tub/Whirlpool, Pool
  • Condo Name: Pine Cove Of Sanibel
  • Fees Include: Insurance Bldg, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Parking, Pool Service, Recreation Facilities, Sewer, Trash, Water
  • Govern Bodies: Application Fee, Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: Yes

Lot Info

  • Geo Update Timestamp: 2022-11-15
  • Geo Address Line: 2501 W Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16

Rental Info

  • Application Fee: 250
  • Application Required: Yes
  • Rent History: Unit would be an excellent rental
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 11049
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jan 20, 2023
Sold by
Osmida I Llc
Bought by
Higher Acquisitions Llc
Seller's Agent
Michael McMurray
Royal Shell Real Estate, Inc.
Buyer's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
List Price
$1,175,000
Sold Price
$1,060,000
Premium/Discount to List
-$115,000
-9.79%
Current Estimated Value
$978,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,680
Avg. Annual Appreciation
-4.37%

Purchase Details

Closed on
Apr 18, 2014
Sold by
Hartson James O and Hartson Amy
Bought by
Mathew S & Brenda B Levatich Living Trus

Purchase Details

Closed on
Feb 21, 2006
Sold by
Davenport Cynthia
Bought by
Hartson James O and Hartson Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 27, 2001
Sold by
Strowmatt Merle D
Bought by
Strowmatt Norma C

Purchase Details

Closed on
Jul 11, 2001
Sold by
Strowmatt Norma C and Strowmatt Craig L
Bought by
Strowmatt Norma C and Strowmatt Craig L

Purchase Details

Closed on
Jan 25, 1994
Sold by
Merriam Robert R and Merriam Nancy F
Bought by
Strowmatt Merle D and Strowmatt Norma C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.1%
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
Higher Acquisitions Llc $1,060,000 Assured Title Services
Mathew S & Brenda B Levatich Living Trus $740,000 None Available
Hartson James O $1,000,000 Realty Title Services Of San
Strowmatt Norma C -- --
Strowmatt Norma C -- --
Strowmatt Merle D $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hartson James O $750,000
Previous Owner Strowmatt Merle D $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $1,060,000 +7.1% $972 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
11/21/2022 11/21/22 Price Changed $990,000 -15.7% $907 / Sq Ft
11/15/2022 11/15/22 For Sale $1,175,000 -24.1% $1,077 / Sq Ft
05/02/2022 05/02/22 Sold $1,549,000 0.0% $1,420 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $1,549,000 -- $1,420 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

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 $12,534 $853,521 $0 $0
2021 $11,049 $775,928 $0 $775,928
2020 $11,056 $766,318 $0 $766,318
2019 $10,723 $737,248 $0 $737,248
2018 $10,965 $738,055 $0 $738,055
2017 $11,227 $742,093 $0 $742,093
2016 $10,624 $707,553 $0 $707,553
2015 $9,670 $607,900 $0 $607,900
2014 $8,347 $537,000 $0 $537,000
2013 -- $457,900 $0 $457,900
Source: Public Records

Agents Affiliated with this Home

  • Michael McMurray

    Seller's Agent in 2023

    Michael McMurray

    Royal Shell Real Estate, Inc.

    (239) 850-7888

    102 in this area

    410 Total Sales

    Section Image
  • Eric Pfeifer

    Buyer's Agent in 2023

    Eric Pfeifer

    Pfeifer Realty Group LLC

    (239) 472-0004

    663 in this area

    950 Total Sales

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2220710

Sanibel & Captiva Islands Association of REALTORS®

APN: 35-46-22-T1-00700.00A0

Florida Lee County Sanibel 33957

2501 W Gulf Dr Unit A, Sanibel, FL

This home is located at 2501 W Gulf Dr Unit A, Sanibel, FL 33957 since 15 November 2022 and is currently estimated at $945,345, approximately $866 per square foot. This property was built in 1985. 2501 W Gulf Dr Unit A is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Sanibel & Captiva Islands Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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