NOT LISTED FOR SALE

2540 Coconut Dr Sanibel, FL 33957

Estimated Value: $1,456,986 - $1,700,000

4 Beds
3.5 Baths
2,747 Sq Ft
$570/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $1,400,000 $510 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,202/month

14 Days on Market

Highlights

  • Docks
  • Mangrove Front
  • 2 Car Garage
  • Sanibel Elementary School Rated A-
  • Spa
  • 4-minute walk to Blind Pass Beach

About This Home

As of August 2023

Gulf access, a fabulous elevated pool area, and a view of the Gulf make this near- beach, canal home on Sanibel's famed west end truly spectacular. This is a perfect combination of boat and beach living: your boat is in your backyard and the sunset over the Gulf is at the corner! Situated on an oversized lot, there is no neighbor to the north offering incredible privacy and space. With living rooms on both the first and second living levels and porches at every level, there is no shortage of places to enjoy this fantastic setting. The cupola provides fabulous views of the Gulf, Sunset Bay, and Santiva. The home has a main floor primary suite along with a full pool bath with three guest rooms, a full bath, half bath attached to one bedroom, a huge living room and a beautiful covered porch on the second floor. This home does a spectacular job of blending indoor and outdoor spaces, a perfect beach house! Roof will be replaced, AC is new.

Last Agent to Sell the Property

Jennifer McSorley

Pfeifer Realty Group LLC License #3139956 Listed on: 08/11/2023

Co-Listed By

Eric Pfeifer

Pfeifer Realty Group LLC License #3014853

Last Buyer's Agent

Jennifer McSorley

Pfeifer Realty Group LLC License #3139956 Listed on: 08/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,541

Year Built

  • Built in 1985

Lot Details

  • 0.49 Acre Lot
  • Home fronts a canal
  • Cul-De-Sac
  • Southeast Facing Home
  • Irregular Lot

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Partial Bay or Harbor
  • Canal
  • Garden

Home Design

  • Beach House
  • Elevated Home
  • Metal Roof
  • Wood Trim

Interior Spaces

  • 2,747 Sq Ft Home
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Screened Porch
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool
  • Pool Equipment Stays

Outdoor Features

  • Mangrove Front
  • Docks
  • Deck

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot DECS IN
  • Assessor Parcel Number 11-46-21-T1-0030B.0020

Community Details

Overview

  • No Home Owners Association
  • Del Sega Subdivision

Recreation

  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,541

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Subdivision Name: Del Sega
  • Class: Residential
  • Property Type: Single Family
  • Design: Beach House
  • Legal Description: DEL SEGA UNIT 4 BLK B PB 29 PG 84 LOTS DECS IN OR 1659 PG 1202
  • Strap Number: 11-46-21-T1-0030B.0020
  • Subject To F I R P T A: No
  • Year Built: 1985
  • Miscellaneous: Wood Deck
  • Folio Id: 10005257
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: Yes
  • Price Per S Q F T: 509.65
  • Total Sq Ft: 4684
  • Appliances: Dishwasher, Dryer, Microwave, Range Electric, Refrigerator, Washer
  • Estimated Living Sq Ft: 2747
  • Bathrooms: 3
  • Bathrooms Display: 3/1
  • Bedrooms: 4
  • Ceiling: Cathedral Ceiling
  • Den: Yes
  • Fireplace: No
  • Flooring: Tile Floor, Other Add Agt Note
  • Furnished: No
  • Furnishing: Unfurnished
  • Half Bathrooms: 1
  • Windows: Sliding

Exterior Features

  • Waterfront: Canal Salt, Mangroves, No Bridge
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Wood
  • Pool: Yes
  • View: Bay, Canal, Lawn/Garden, Part Gulf View
  • Roads: Paved
  • Construction Stat: Elevated, Piling Wood
  • Pool Description: Equipment Stays, Spa
  • Rear Exposure: Southeast
  • Roof: Metal

Garage/Parking

  • Parking: Double Garage

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • Community Amenities: Restricted Rentals

Lot Info

  • Acres: 0.49
  • Geo Update Timestamp: 2023-09-01
  • Geo Address Line: 2540 Coconut Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: DECS IN
  • Lot Size Irregular: Yes
  • Lot Sq Ft: 21224
  • Lot Sq Ft Source: CRS Tax
  • Lot Features: Cul-de-Sac
  • Survey: No

Rental Info

  • Rental: No
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 15541
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2015
Closed on
Feb 17, 2016
Sold by
Henderson Ronald W and Henderson Cynthia L
Bought by
Lanager Charles A and Lanager Debra L
Seller's Agent
John Van Voorhis
VIP Realty Sanibel and Captiva
Buyer's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
List Price
$979,000
Sold Price
$955,000
Premium/Discount to List
-$24,000
-2.45%
Current Estimated Value
$1,565,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,747
Avg. Annual Appreciation
5.35%
Original Mortgage
$764,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 13, 2013
Sold by
Wolfe Joey D
Bought by
Henderson Ronald W and Henderson Cynthia L

Purchase Details

Closed on
May 1, 2007
Sold by
Connelly Charles Patrick
Bought by
Wolfe Joey D

Purchase Details

Closed on
Jan 13, 2004
Sold by
Connelly Harriet G
Bought by
Connelly Charles Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
5.87%
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
Lanager Charles A $955,000 Legal Title Svcs Sw Fl Llc
Henderson Ronald W $699,000 Superior Title Services Of S
Wolfe Joey D $930,000 Title Group Services
Connelly Charles Patrick $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanager Charles A $687,000
Closed Lanager Charles A $764,000
Previous Owner Connelly Charles Patrick $530,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $1,400,000 0.0% $510 / Sq Ft
08/11/2023 08/11/23 For Sale $1,400,000 +46.6% $510 / Sq Ft
02/18/2016 02/18/16 Sold $955,000 0.0% $357 / Sq Ft
02/18/2016 02/18/16 Sold $955,000 -2.5% $357 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
12/19/2015 12/19/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $979,000 0.0% $366 / Sq Ft
03/26/2015 03/26/15 For Sale $979,000 -- $366 / 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 $20,050 $1,566,177 $941,135 $552,983
2023 $20,050 $1,070,511 $0 $0
2022 $16,189 $973,192 $0 $0
2021 $12,948 $886,029 $472,608 $413,421
2020 $11,931 $804,291 $453,100 $351,191
2019 $12,250 $821,207 $423,500 $397,707
2018 $12,606 $828,484 $423,500 $404,984
2017 $13,191 $848,671 $385,000 $463,671
2016 $12,220 $771,189 $391,169 $380,020
2015 $12,617 $775,898 $356,787 $419,111
2014 $12,361 $751,788 $242,222 $509,566
2013 -- $741,307 $344,446 $396,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230813

Sanibel & Captiva Islands Association of REALTORS®

APN: 11-46-21-T1-0030B.0020