NOT LISTED FOR SALE

3611 W Gulf Dr Sanibel, FL 33957

Estimated Value: $5,646,385 - $6,409,000

4 Beds
4.5 Baths
4,696 Sq Ft
$1,301/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $3,550,000 $756 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $36,639/month

79 Days on Market

Highlights

  • Beach Access
  • Property fronts gulf or ocean
  • 1.26 Acre Lot
  • Sanibel Elementary School Rated A-
  • In Ground Pool
  • No HOA

About This Home

As of July 2023

Investor Opportunity!!! Located along Sanibel Islands Primere stretch of Beach front, this is a great opportunity. Priced below the last beachfront lot sale on West Gulf Drive, this property offers the ability to build new or to use the existing large concrete piling foundation and its shell to gain a head start to rebuild/remodel. Situated on a high ridge location this property offers great beach and road frontage with lots of privacy and depth from West Gulf Drive and the beach. Enjoy incredible sunsets and world class shelling. This is a fantastic property and is priced to sell. (Existing improvements valued at 1 mill so your getting the lot for $2.895 on West Gulf Drive).

Last Agent to Sell the Property

Michael McMurray

Royal Shell Real Estate, Inc. License #587669 Listed on: 02/21/2023

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Michael McMurray

Royal Shell Real Estate, Inc. License #587669 Listed on: 02/21/2023

Royal Shell Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,434

Year Built

  • Built in 1996

Lot Details

  • 1.26 Acre Lot
  • Lot Dimensions are 630 x 98
  • Property fronts gulf or ocean
  • Southwest Facing Home

Home Design

  • Elevated Home
  • Metal Roof
  • Piling Construction

Interior Spaces

  • 4,696 Sq Ft Home
  • Ceiling height of 10 feet or more
  • Den
  • Gulf Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Beach Access
  • No Cooling

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 28-46-22-T3-00004.0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,434

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Subdivision Name: Metes And Bounds
  • Class: Residential
  • Property Type: Single Family
  • Legal Description: The E 100 Ft Of The W 1/2 Of E 1/2 Govt Lot 4 S Of Co Rd.
  • Strap Number: 28-46-22-T3-00004.0010
  • Subject To F I R P T A: No
  • Year Built: 1996
  • Miscellaneous: Beach Access, See Remarks
  • Folio Id: 10023391
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: No
  • Price Per S Q F T: 755.96
  • Total Sq Ft: 8874
  • Appliances: See Remarks
  • Estimated Living Sq Ft: 4696
  • Bathrooms: 4
  • Bathrooms Display: 4/1
  • Bedrooms: 4
  • Ceiling: 10+ Ft Ceilings, See Remarks
  • Den: Yes
  • Fireplace: No
  • Flooring: See Remarks
  • Furnished: No
  • Furnishing: See Remarks
  • Half Bathrooms: 1
  • Primary Bathroom: See Remarks
  • Master Bedroom: 2nd Floor, See Remarks
  • Windows: See Remarks

Exterior Features

  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Ext Fin Trim: See Remarks
  • Pool: Yes
  • View: Direct Gulf
  • Construction Stat: Elevated, Piling Concrete
  • Pool Description: Below Ground, Hot Tub, See Remarks
  • Rear Exposure: Southwest
  • Roof: Metal, See Remarks

Garage/Parking

  • Parking: See Remarks

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: No
  • Cooling: See Remarks
  • Heating: See Remarks

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 1.26
  • Geo Update Timestamp: 2023-02-22
  • Geo Address Line: 3611 W Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 630
  • Lot Frontage: 98
  • Lot Number: 4
  • Lot Size Irregular: No
  • Lot Sq Ft: 54930
  • Lot Sq Ft Source: Leepa
  • Lot Features: See Remarks
  • Survey: No

Rental Info

  • Rental: No
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 38434
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2002
Sold by
Iel Tr
Bought by
Delbert E Allen Jr Tr
Current Estimated Value
$6,107,596

Purchase Details

Closed on
Feb 14, 1997
Sold by
Oh Group Inc
Bought by
I E L Tr and Mourton Kenneth R
Source: Public Records

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 Buyer Sale Price Title Company
Delbert E Allen Jr Tr -- --
Delbert E Allen Jr Tr -- --
I E L Tr $2,025,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $3,550,000 -5.3% $756 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/10/2023 04/10/23 Price Changed $3,750,000 -3.7% $799 / Sq Ft
02/21/2023 02/21/23 For Sale $3,895,000 -- $829 / 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 $41,097 $3,725,117 -- --
2023 $41,097 $2,871,838 $0 $0
2022 $38,030 $2,793,047 $0 $0
2021 $38,435 $3,715,484 $2,400,000 $1,315,484
2020 $38,372 $2,674,256 $0 $0
2019 $37,785 $2,614,131 $0 $0
2018 $37,861 $2,565,389 $0 $0
2017 $37,932 $2,512,624 $0 $0
2016 $37,812 $3,324,418 $2,400,000 $924,418
2015 $38,574 $3,233,618 $2,370,816 $862,802
2014 $38,685 $3,249,808 $2,370,816 $878,992
2013 -- $2,980,591 $2,027,800 $952,791
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230257

Sanibel & Captiva Islands Association of REALTORS®

APN: 28-46-22-T3-00004.0010