NOT LISTED FOR SALE

3649 W Gulf Dr Unit 1 Sanibel, FL 33957

Estimated Value: $3,480,554 - $4,303,000

1.26 Acres
$2,990,094 Price per Acre
54,886 Sq Ft Lot

Last Sold September 08, 2023

Last sale price $3,850,000 $70 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $24,468/month

122 Days on Market

Highlights

  • Beach Front
  • Gulf View
  • No HOA
  • Sanibel Elementary School Rated A-
  • 1.26 Acre Lot

About This Lot

As of September 2023

Incredible opportunity to own one of the few remaining Gulf front lots located on the west end of the island. Spacious lot perched on just over one acre of land with 100 feet of Gulf frontage. This is a rare opportunity to build your dream home with unobstructed views of the Gulf of Mexico. Enjoy Sanibel sunsets and world class shelling every day from this private location. This is a rare opportunity to build your dream home on a cleared Gulf front lot. This is truly paradise found!

Last Agent to Sell the Property

Eric Pfeifer

Pfeifer Realty Group LLC License #3014853 Listed on: 02/24/2023

Last Buyer's Agent

Susan McCallion

McCallion and McCallion License #3225968

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $36,086

Lot Details

  • 1.26 Acre Lot
  • Lot Dimensions are 98x360
  • Beach Front

Property Views

  • Gulf Views

Community Details

  • No Home Owners Association
  • Sea Side Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 28-46-22-T3-00700.0010

Property Details

Property Type

Land

Est. Annual Taxes

$36,086

Lot Details

0

Listing Details

  • Subdivision Name: Sea Side
  • Class: Vacant Land
  • Property Type: Vacant Land
  • Legal Description: SEA SIDE OR 29 PG 30 LOT 1
  • Strap Number: 28-46-22-T3-00700.0010
  • Subject To F I R P T A: No
  • Folio Id: 10023456
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 3055555.56

Exterior Features

  • Waterfront: Beach
  • Coastal Construction: Behind 1974
  • View: Direct Gulf
  • Ground Cover: Trees, Weeds/Plants
  • Roads: Paved

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA: No
  • Master Association Disp: $0/

Association/Amenities

  • Community Amenities: Restricted Rentals

Lot Info

  • Acres: 1.26
  • Geo Update Timestamp: 2023-02-24
  • Geo Address Line: 3649 W Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Frontage: 100
  • Lot Number: 1
  • Lot Size: 98X360
  • Lot Size Irregular: No
  • Lot Sq Ft: 55067
  • Zoning: Residential
  • Deed Restrictions: On Record
  • Lot Features: Build to Suit, Coastal Setback, Private Beach Access
  • Lot Size Feature: 100ft or + Front
  • Survey Year Disp: Y-
  • Usage: Single Family

Tax Info

  • Tax Amount: 36086
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Sep 8, 2023
Sold by
Alfred E Kuhnle And Anne M Kuhnle Trust
Bought by
Mathews Sanibel Home Llc
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Susan McCallion
McCallion and McCallion
List Price
$3,995,000
Sold Price
$3,850,000
Premium/Discount to List
-$145,000
-3.63%
Views
21
Current Estimated Value
$3,767,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,482
Avg. Annual Appreciation
-1.07%
Original Mortgage
$3,080,000
Outstanding Balance
$1,091,290
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,676,228

Purchase Details

Closed on
Nov 4, 1998
Sold by
Hillebrandt William F
Bought by
Kuhnle Alfred E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.65%

Purchase Details

Closed on
Aug 5, 1997
Sold by
Hillebrandt William F and Hillebrandt Tina J
Bought by
Hillebrandt William F

Purchase Details

Closed on
Nov 8, 1994
Sold by
Goldenrod Corp
Bought by
Hillebrandt William F and Hillebrandt Tina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.78%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mathews Sanibel Home Llc $3,850,000 Superior Title Services
Kuhnle Alfred E $1,800,000 --
Hillebrandt William F -- --
Hillebrandt William F $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathews Sanibel Home Llc $3,080,000
Previous Owner Kuhnle Alfred E $1,000,000
Previous Owner Hillebrandt William F $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $3,850,000 -3.6% $70 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $3,995,000 -- $73 / 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 $52,737 $3,727,176 $3,727,176 --
2023 $38,183 $2,697,131 $0 $0
2022 $35,709 $2,623,428 $0 $0
2021 $36,086 $2,995,652 $2,400,000 $595,652
2020 $36,025 $2,511,851 $0 $0
2019 $35,472 $2,455,377 $0 $0
2018 $35,542 $2,409,595 $0 $0
2017 $35,608 $2,360,034 $0 $0
2016 $35,494 $2,575,617 $2,400,000 $175,617
2015 $36,208 $2,645,790 $2,370,816 $274,974
2014 $36,311 $2,583,691 $2,370,816 $212,875
2013 -- $2,400,997 $2,086,200 $314,797
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230279

Sanibel & Captiva Islands Association of REALTORS®

APN: 28-46-22-T3-00700.0010