$2,400,000
SOLD APR 15, 2016

2549 W Gulf Dr Unit 102 Sanibel, FL 33957

3 Beds
3.5 Baths
3,493 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$687 Per Sq Ft

11% Below List Price

151 Days on Market

Highlights

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

About This Home

As of April 2016

Beautiful west corner condo with wide Gulf views. This spacious apartment is completely customized. Recessed lighting throughout, custom carved white mahogany doors from New Mexico, glossy white Poggenpohl cabinets, granite countertops, Miele and Bosch appliances, 2 freezer drawers. Smooth wall finishing, custom cabinetry in den and bedroom, tumbled marble in guest baths w/Saturnia tops and sandstone in master bath. Glass shower enclosure carved by Luc Century, 9ft. ceilings, large rooms, stone windowsills, wide lanai, air-conditioned lobby. Superior quality. An exceptional offering. 2 assigned parking spaces + storage.

Last Agent to Sell the Property

Mary Lou Bailey

VIP Realty Sanibel and Captiva License #280500030 Listed on: 10/16/2015

VIP Realty Sanibel and Captiva

Last Buyer's Agent

Susan McCallion

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,434

Year Built

  • Built in 2002

Lot Details

  • Property fronts gulf or ocean
  • Northeast Facing Home

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Tile Roof
  • Stone Siding

Interior Spaces

  • 3,493 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Tray Ceiling
  • Ceiling Fan
  • Electric Shutters
  • Sliding Windows
  • Casement Windows
  • Combination Dining and Living Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Bidet
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Laundry Tub

Home Security

  • Burglar Security System
  • Intercom

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Zoned Heating and Cooling
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 102 / 2201
  • Assessor Parcel Number 35-46-22-T1-02201.0102

Community Details

Overview

  • No Home Owners Association
  • Association fees include management, cable TV, insurance, legal/accounting, ground maintenance, recreation facilities, sewer, trash, water
  • 12 Units
  • Association Phone (239) 472-5020
  • Low-Rise Condominium
  • Sedgemoor Condo Subdivision

Amenities

  • Elevator

Recreation

  • Community Beach Access
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,434

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SEDGEMOOR CONDO
  • Directions: Sanibel Causeway right onto Periwinkle Way left onto Tarpon Bay Rd. to Right onto West Gulf Drive. Complex is on the left.
  • Architectural Style: Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Year Built: 2002
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Built-In Oven, Cooktop, Double Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator
  • Other Equipment: Intercom
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble, Tile
  • Interior Amenities: Breakfast Bar, Bidet, Bathtub, Tray Ceiling(s), Kitchen Island, Living/Dining Room, Pantry, See Remarks, Separate Shower, Cable TV, High Speed Internet, Intercom, Split Bedrooms
  • Living Area: 3493.0
  • Stories: 3
  • Window Features: Casement Window(s), Sliding
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stone
  • Direction Faces: Northeast
  • Exterior Features: Storage, Shutters Electric
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Covered, Garage, Guest, One Space

Utilities

  • Laundry Features: Laundry Tub
  • Security: Burglar Alarm (Monitored), Security System, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
  • 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, Elevator
  • Amenities: Beach Access, Pool
  • Phone: 239-472-5020
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 35-46-22-T1-02201.0102
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 24434.0
  • Tax Block: 2201
  • Tax Lot: 102
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Apr 15, 2016
Sold by
Marcus Family Llc
Bought by
Gorman James W and Gorman Maureen M
Seller's Agent
Mary Lou Bailey
VIP Realty Sanibel and Captiva
Buyer's Agent
Susan McCallion
List Price
$2,695,000
Sold Price
$2,400,000
Premium/Discount to List
-$295,000
-10.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Dec 3, 2008
Sold by
Marcus Merritt E
Bought by
Marcus Family Llc

Purchase Details

Closed on
Apr 9, 2008
Sold by
Smith John L and Smith Elisabeth V
Bought by
Marcus Merritt E and Marcus Judith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 15, 2002
Sold by
Sedgemoor Dev Corp
Bought by
Smith John L and Smith Elisabeth V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,400
Interest Rate
6.49%
Source: Public Records

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Range of Values:

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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 $2,400,000 Barrier Island Title Svcs In
Warranty Deed -- Attorney
Warranty Deed $2,633,800 Barrier Island Title Service
Warranty Deed $1,175,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,850,000 Unknown
Previous Owner $750,000 Credit Line Revolving
Previous Owner $890,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $4,750,000 +97.9% $1,420 / Sq Ft
04/15/2016 04/15/16 Sold $2,400,000 -10.9% $687 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $2,695,000 -- $772 / 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 $10,272 $483,768 -- $483,768
2023 $10,272 $713,501 $0 $713,501
2022 $31,001 $2,112,332 $0 $0
2021 $27,322 $1,920,302 $0 $1,920,302
2020 $27,332 $1,896,010 $0 $1,896,010
2019 $26,508 $1,824,143 $0 $1,824,143
2018 $27,088 $1,824,950 $0 $1,824,950
2017 $28,593 $1,882,283 $0 $1,882,283
2016 $23,335 $1,542,769 $0 $1,542,769
2015 $24,434 $1,762,100 $0 $1,762,100
2014 $24,502 $1,719,900 $0 $1,719,900
2013 -- $1,606,700 $0 $1,606,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215058194

Florida Gulf Coast Multiple Listing Service

APN: 35-46-22-T1-02201.0102