NOT LISTED FOR SALE

3397 W Gulf Dr Unit B Sanibel, FL 33957

Estimated Value: $1,048,000 - $1,618,251

3 Beds
3 Baths
2,269 Sq Ft
$1,250/mo HOA Fee

Last Sold August 11, 2023

Last sale price $959,000 $423 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,731/month

7 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Outdoor Pool
  • Cathedral Ceiling
  • Sanibel Elementary School Rated A-
  • 2 Car Garage
  • Den

About This Home

As of August 2023

LISTED $700K UNDER CURRENT APPRAISED VALUE... Gulf front townhome located in a sought-after West Gulf Drive development with just four units. Spacious floor plan offering Gulf views from all three levels. Multiple exterior decks extend the living space on each level and side of this home, including a rooftop deck overlooking this world-famous beach. Ample storage space and a traditional two car garage are an added bonus. The condo association has recently replaced the roof with a standing seam metal, and siding with hardie board. The home has been taken down to the studs/frame and being sold as is. With a blank canvas you can easily have a one of a kind beach home, with significant equity from day one. There is an order in for the new impact windows and sliders ($70K), and HVAC ($20K). Current unpaid special assessments are $149K, with a possibility of another $85K. NOTE: ALL Assessments + orders mentioned above will be the responsibility of the new owner/buyer.

Last Agent to Sell the Property

Christopher Kirchner

Keller Williams Realty Fort Myers and the Islands License #3304188 Listed on: 07/24/2023

Keller Williams Realty Fort Myers and the Islands

Co-Listed By

Sarah Ashton

Keller Williams Realty Fort Myers and the Islands License #3067720

Last Buyer's Agent

Anna Turner

Royal Shell Real Estate, Inc. License #3252191

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,824

Year Built

  • Built in 1987

Lot Details

  • 3,049

HOA Fees

  • $1,250 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,269 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Fireplace
  • Den
  • Gulf Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Outdoor Pool
  • Property fronts gulf or ocean
  • Cooling Available

Listing and Financial Details

  • Tax Lot -B
  • Assessor Parcel Number 27-46-22-T4-00800.00B0

Community Details

Overview

  • Association fees include exterior main/repair, insurance bldg, landscape/lawn, pool service
  • Sandals Residents Association, Phone Number (847) 651-9192
  • Sandals Community

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,824

Year Built

Built in 1987

Lot Details

0

HOA Fees

$1,250 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Legal Description: SANDALS CONDO OR 1874 PG 3128 UNIT-B
  • Strap Number: 27-46-22-T4-00800.00B0
  • Subject To F I R P T A: No
  • Year Built: 1987
  • Pet Limits: With Approval
  • Pets: Allowed
  • Folio Id: 10023177
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 422.65
  • Total Sq Ft: 2348
  • Appliances: See Remarks
  • Estimated Living Sq Ft: 2269
  • Bathrooms: 3
  • Bathrooms Display: 3/0
  • Bedrooms: 3
  • Ceiling: 10+ Ft Ceilings, Beamed Ceiling, Cathedral Ceiling, See Remarks, Vaulted Ceiling
  • Den: Yes
  • Fireplace: Yes
  • Flooring: See Remarks
  • Furnished: No
  • Furnishing: Unfurnished
  • Windows: See Remarks

Exterior Features

  • Misc Exterior: See Remarks
  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Pool: Yes
  • View: Direct Gulf

Garage/Parking

  • Parking: Double Garage, See Remarks

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: See Remarks
  • Heating: See Remarks
  • Security: None/Not Applicable

Condo/Co-op/Association

  • Association Fees Disp: Y - $15000/A
  • Association Fee: 15000
  • Association Fee Period: Annually
  • Association Right Of Refusal: No
  • Association Management: Sandals - Residents
  • Management Company Phone: 847-651-9192
  • Condo Amenities: Pool, See Remarks
  • Condo Name: Sandals
  • Fees Include: Exterior Main/Repair, Insurance Bldg, Landscape/Lawn, Pool Service, See Remarks
  • Govern Bodies: Condo Association, See Remarks
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2023-07-25
  • Geo Address Line: 3397 W Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 1
  • Geo Subdivision: FL
  • Geo Zoom Level: 17
  • Lot Number: -B

Rental Info

  • Application Required: Yes
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 18824
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Aug 11, 2023
Sold by
Meharry Judith C
Bought by
Agua 25 Llc
Seller's Agent
Christopher Kirchner
Keller Williams Realty Fort Myers and the Islands
Buyer's Agent
Anna Turner
Royal Shell Real Estate, Inc.
List Price
$900,000
Sold Price
$959,000
Premium/Discount to List
$59,000
6.56%
Views
112
Current Estimated Value
$1,253,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,063
Avg. Annual Appreciation
14.08%
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
Agua 25 Llc $959,000 Superior Title Services
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $959,000 +6.6% $423 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $900,000 -- $397 / 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 $19,840 $1,297,308 -- $1,297,308
2023 $19,840 $1,395,180 $0 $0
2022 $18,824 $1,354,544 $0 $0
2021 $19,122 $1,333,886 $0 $1,333,886
2020 $19,075 $1,296,934 $0 $0
2019 $18,778 $1,267,775 $0 $1,267,775
2018 $21,422 $1,420,391 $0 $0
2017 $21,452 $1,391,176 $0 $0
2016 $21,379 $1,362,562 $0 $1,362,562
2015 $18,380 $1,201,500 $0 $1,201,500
2014 -- $1,172,900 $0 $1,172,900
2013 -- $844,470 $0 $844,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230743

Sanibel & Captiva Islands Association of REALTORS®

APN: 27-46-22-T4-00800.00B0