NOT LISTED FOR SALE

2840 W Gulf Dr Unit 27 Sanibel, FL 33957

Estimated Value: $417,000 - $670,403

2 Beds
2 Baths
846 Sq Ft
$86/mo HOA Fee

Last Sold June 30, 2015

Last sale price $315,375 $373 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,067/month

171 Days on Market

Highlights

  • Community Beach Access
  • Furnished
  • Tennis Courts
  • Sanibel Elementary School Rated A-
  • Community Pool
  • Bike Room

About This Home

As of June 2015

Primo Investment Condo on Sanibel Island generating strong gross rental income of $38,000+. 2-BD/2BA, 2nd floor, furnished turnkey, with a light tropical flare, steps to the pool and sundeck and all the beach essentials to enjoy a quick stroll to the beautiful beaches along West Gulf Drive. The on-site rental management staff is committed to providing quality services. Amenities include: Pool/sundeck, Tennis court, Shuffleboard, BBQ grills, Bicycle rentals and Beach access. Condo maintenance fee is $635/month and an annual master fee of $1,026. Unit is being sold "as is" with right to inspect, no known defects. Booked rentals must be honored. Seashells of Sanibel Association has issued a "special assessment" for concrete restoration effective March 19, 2015. Each owner will be assessed payments of $2,241 twice a year over the next five years. Seller will pay any payments due up to close date, buyer to assume all future payments.

Last Agent to Sell the Property

Sheila Hammons

RE/MAX of The Islands License #280523145 Listed on: 12/10/2014

Last Buyer's Agent

Eric Pfeifer

Pfeifer Realty Group LLC License #280522587

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,534

Year Built

  • Built in 1975

Lot Details

  • East Facing Home

HOA Fees

  • $86 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 846 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Jalousie or louvered window
  • Sliding Windows
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34-46-22-T2-01204.0270

Community Details

Overview

  • Association fees include management, cable TV, internet, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, road maintenance, sewer, street lights, trash, water
  • 44 Units
  • Association Phone (239) 472-5020
  • Low-Rise Condominium
  • Seashells Of Sanibel Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities
  • Bike Room

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,534

Year Built

Built in 1975

Lot Details

0

HOA Fees

$86 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SEASHELLS OF SANIBEL CONDO
  • Directions: Sanibel Island, West on Periwinkle Way to end, turn left on Tarpon Beach Rd to stop sign, turn right on West Gulf Dr to address 2840. Key at on-site rental office in center of property next to the pool. Bldg 4 is just to the right of the rental office.
  • Architectural Style: Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Year Built: 1975
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Living/Dining Room, Tub Shower, Cable TV, Split Bedrooms
  • Living Area: 846.0
  • Stories: 2
  • Window Features: Jalousie, Sliding, Window Coverings

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, One Space

Utilities

  • Laundry Features: Common Area
  • Security: None, 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: Non-Gated, Street Lights
  • Amenities: Beach Access, Bike Storage, Laundry, Barbecue, Picnic Area, Pool, Shuffleboard Court, Tennis Court(s)
  • Association Fee: 1026.0
  • Association Fee Frequency: Annually
  • Phone: 239-472-5020
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Internet, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Road Maintenance, Sewer, Street Lights, Trash, Water

Lot Info

  • Parcel #: 34-46-22-T2-01204.0270
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 44

Tax Info

  • Tax Annual Amount: 3534.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2014
Closed on
Jun 30, 2015
Sold by
Powell Donald W
Bought by
Nichoff Kirk L and Nichoff Diane
Seller's Agent
Sheila Hammons
RE/MAX of The Islands
Buyer's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
List Price
$323,000
Sold Price
$315,375
Premium/Discount to List
-$7,625
-2.36%
Current Estimated Value
$542,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,976
Avg. Annual Appreciation
5.46%
Original Mortgage
$249,100
Outstanding Balance
$198,150
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$344,201

Purchase Details

Closed on
May 16, 2003
Sold by
Faye John J and Faye Robert A
Bought by
Fields Helen Burgess

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nichoff Kirk L $315,400 Superior Title Services Of S
Fields Helen Burgess $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichoff Kirk L $249,100
Previous Owner Fields Helen Burgess $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $315,375 -2.4% $373 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $323,000 -- $382 / 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 $592 $37,315 -- $37,315
2023 $592 $39,983 $0 $39,983
2022 $5,215 $341,113 $0 $0
2021 $4,425 $310,103 $0 $310,103
2020 $4,421 $306,043 $0 $306,043
2019 $4,050 $277,780 $0 $277,780
2018 $4,137 $277,780 $0 $277,780
2017 $4,270 $280,203 $0 $280,203
2016 $4,059 $261,597 $0 $261,597
2015 $3,860 $242,200 $0 $242,200
2014 -- $229,700 $0 $229,700
2013 -- $206,300 $0 $206,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sheila Hammons

    RE/MAX of The Islands

    Section Image
  • Eric Pfeifer

    Buyer's Agent in 2015

    Eric Pfeifer

    Pfeifer Realty Group LLC

    (239) 472-0004

    658 in this area

    943 Total Sales

    Eric Pfeifer
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214067661

Florida Gulf Coast Multiple Listing Service

APN: 34-46-22-T2-01204.0270

Florida Lee County Sanibel 33957

2840 W Gulf Dr Unit 27, Sanibel, FL

This home is located at 2840 W Gulf Dr Unit 27, Sanibel, FL 33957 since 10 December 2014 and is currently estimated at $542,351, approximately $641 per square foot. This property was built in 1975. 2840 W Gulf Dr Unit 27 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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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