NOT LISTED FOR SALE

3938 W Gulf Dr Sanibel, FL 33957

Estimated Value: $648,000 - $1,023,000

0.36 Acre
$2,251,497 Price per Acre
15,682 Sq Ft Lot

Last Sold June 06, 2022

Last sale price $853,750

Est. 5% decrease in value since last sale

Current estimated payment $5,224/month

380 Days on Market

Highlights

  • Community Beach Access
  • Sanibel Elementary School Rated A-
  • Rectangular Lot

About This Lot

As of June 2022

BEST NEAR BEACH LOCATION LOT ON SANIBEL. Premier West Gulf Dr. West Rocks lot is directly across the street from a beautiful, deeded access path to an uncrowded section of pristine Sanibel Beach. This 105’ x 150’ is ready to build your dream home. Avoid the hassle of buying a fixer upper or tearing down an old house. Bring your architect and plan for a new custom built home. Plenty of room for a pool and private Lanai. With multi-million dollar beachfront homes across the street, this location has tremendous upside for value growth. The West Rocks deeded beach access to miles of pristine uncrowded beach is within easy walking distance.

Last Agent to Sell the Property

Eric Pfeifer

Pfeifer Realty Group LLC License #280522587 Listed on: 05/21/2021

Last Buyer's Agent

Kerri Maw

Pfeifer Realty Group LLC License #280596897

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,874

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 105 x 150 x 104 x 150
  • South Facing Home
  • Rectangular Lot

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / A
  • Assessor Parcel Number 28-46-22-T1-0010A.0040

Community Details

Overview

  • West Rocks Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$5,874

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.36
  • Lot Size: 105 x 150 x 104 x 150
  • Road Surface Type: Paved
  • Subdivision Name: WEST ROCKS
  • Directions: West on Periwinkle Way, Left on Tarpon Bay Road, Right on West Gulf Drive, lot is after Rabbit Road on the right.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: South
  • Property Condition: To Be Built

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Beach Rights, Beach Access

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 28-46-22-T1-0010A.0040
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5874.0
  • Tax Block: A
  • Tax Lot: 4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Seaclusion Kdd Revocable Trust and Seaclusion Aed Revocable Trust
Bought by
Seaclusion Of Fl Llc
Current Estimated Value
$810,539

Purchase Details

Closed on
Aug 19, 2022
Sold by
Droescher Kyle D and Droescher Amy E
Bought by
Kdd Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
4.25%
Mortgage Type
Construction

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 6, 2022
Sold by
3944 W Gulf Inc
Bought by
Droescher Kyle D and Droescher Amy E
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Kerri Maw
Pfeifer Realty Group LLC
List Price
$899,000
Sold Price
$853,750
Premium/Discount to List
-$45,250
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.59%
Original Mortgage
$480,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 1998
Sold by
Stearn Vesta B and Stearn Robert F
Bought by
3944 W Gulf Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.01%
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
Seaclusion Of Fl Llc $100 None Listed On Document
Kdd Revocable Trust $100 Superior Title Services
Droescher Kyle D $853,750 New Title Company Name
3944 W Gulf Inc $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kdd Revocable Trust $1,725,000
Previous Owner Droescher Kyle D $480,000
Previous Owner 3944 W Gulf Inc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $853,750 -5.0% --
06/06/2022 06/06/22 Pending -- -- --
05/21/2021 05/21/21 For Sale $899,000 -- --
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 $9,787 $654,210 $654,210 --
2023 $8,014 $557,545 $557,545 $0
2022 $6,736 $464,279 $0 $0
2021 $6,112 $440,800 $440,800 $0
2020 $5,874 $440,800 $440,800 $0
2019 $5,631 $440,800 $440,800 $0
2018 $5,496 $440,800 $440,800 $0
2017 $5,771 $497,097 $497,097 $0
2016 $4,787 $367,350 $367,350 $0
2015 $3,834 $244,900 $244,900 $0
2014 $3,587 $231,000 $231,000 $0
2013 -- $196,900 $196,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Pfeifer

    Seller's Agent in 2022

    Eric Pfeifer

    Pfeifer Realty Group LLC

    (239) 472-0004

    660 in this area

    945 Total Sales

    Eric Pfeifer
    Section Image
  • Kerri Maw

    Buyer's Agent in 2022

    Kerri Maw

    Pfeifer Realty Group LLC

    (239) 292-4944

    74 in this area

    84 Total Sales

    Kerri Maw
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221036197

Florida Gulf Coast Multiple Listing Service

APN: 28-46-22-T1-0010A.0040

Florida Lee County Sanibel 33957

3938 W Gulf Dr, Sanibel, FL

This home is located at 3938 W Gulf Dr, Sanibel, FL 33957 since 21 May 2021 and is currently estimated at $810,539. 3938 W Gulf Dr is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

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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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