NOT LISTED FOR SALE

409 E Gulf Dr Unit 17 Sanibel, FL 33957

Estimated Value: $219,000 - $288,000

1 Bed
1 Bath
600 Sq Ft
$1,000/mo HOA Fee

Last Sold November 06, 2023

Last sale price $274,000 $457 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,300/month

3 Days on Market

Highlights

  • Outdoor Pool
  • Partial Gulf or Ocean Views
  • Community Barbecue Grill
  • Sanibel Elementary School Rated A-
  • Screened Porch
  • Tile Flooring

About This Home

As of November 2023

Most Affordable Near Beach Value Available on Sanibel & Captiva! Charming one-bedroom/bath condo is conveniently located on the top floor at The Colony Inn. Tastefully decorated with a beachy cottage feel. Updated kitchen and bath. The large bedroom features two double beds. Tropical views from the screened-in porch. Great location on Sanibel’s East End; walk to shops, restaurants, and the Sanibel Lighthouse. This is the perfect island getaway or vacation rental condo. The Colony offers nightly, weekly, and monthly rentals allowed through the convenient on-site rental management office with many repeat visitors for excellent rental potential or a great near beach location for a winter retreat. Don't miss the opportunity to get on the island and your toes in the sand within minutes of walking to the beach! Buyer to verify square footage as it was taken from the condo directory.

Last Agent to Sell the Property

kelly Huguenin

Pfeifer Realty Group LLC License #3370164 Listed on: 10/17/2023

Co-Listed By

Eric Pfeifer

Pfeifer Realty Group LLC License #3014853

Last Buyer's Agent

Cindy Sitton

Royal Shell Real Estate, Inc. License #0697749

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,056

Year Built

  • Built in 1968

Lot Details

  • 6,098

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Garden Apartment
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 600 Sq Ft Home
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Single Hung Wood Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Partial Bay or Harbor Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Pool

  • Outdoor Pool

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 20-46-23-T3-02300.0170

Community Details

Overview

  • Association fees include cable TV, exter pest control, insurance bldg, inter pest control, irrigation, landscape/lawn, legal and accounting, manager, recreation facilities, sewer, trash, water
  • On Site Association, Phone Number (239) 472-5151
  • Colonnades Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,056

Year Built

Built in 1968

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Garden Apartment
  • Legal Description: THE COLONNADES CONDOMINIUM OR 464 PG 376 APT 17
  • Strap Number: 20-46-23-T3-02300.0170
  • Subject To F I R P T A: No
  • Year Built: 1968
  • Level: 2
  • Pet Limits: One pet per owner 35 pounds No aggressive breeds
  • Pets: Limits
  • Folio Id: 10126098
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 456.67
  • Total Sq Ft: 675
  • Appliances: Dishwasher, Microwave, Range Electric, Refrigerator-Ice maker, Smoke Detector(s), Water Heater
  • Estimated Living Sq Ft: 600
  • Bathrooms: 1
  • Bathrooms Display: 1/0
  • Bedrooms: 1
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Floor: 2
  • Flooring: Tile Floor
  • Furnished: No
  • Furnishing: Turn-Key
  • Primary Bathroom: Shower/Tub Combo, Tile
  • Windows: Single Hung, Sliding

Exterior Features

  • Misc Exterior: CBS
  • Waterfront: None/Not Applicable
  • Waterfront: No
  • Coastal Construction: In Front of 1974
  • Ext Fin Trim: Stucco
  • Pool: Yes
  • View: Part Gulf View

Garage/Parking

  • Parking: Open

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: No
  • Cooling: Ceiling Fan(s), Wall Unit Cooling
  • Heating: Wall Unit Heat
  • Security: None/Not Applicable

Condo/Co-op/Association

  • Association Fees Disp: Y - $3000/Q
  • Association Fee: 3000
  • Association Fee Period: Quarterly
  • Association Right Of Refusal: Yes
  • Association Management: On-site
  • Management Company Phone: 239-472-5151
  • Condo Amenities: Community Laundry, Grills, Pool, Rental Office on Site, Separate Storage
  • Condo Name: Colonnades
  • Fees Include: Cable TV, Exter Pest Control, Insurance Bldg, Inter Pest Control, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Recreation Facilities, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2023-10-20
  • Geo Address Line: 409 E Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16

Rental Info

  • Rent History: Rental history for the past 4 years can be found in attachments. 2019 - $ 9,213.68 (Covid Year) - 2020 - $20,048.47 (Covid Year)- 2021- $62,817.93 - (Normal Year) -2022 - 44,215.09 (prior to Ian) In addition to HOA Fees, the complex has a SBA loan from Hurricane Charley owner pays $59.00 quarterly. They are increasing this loan due to Hurricane Ian; therefore, this fee will be increasing to 280.00 quarterly next year. The office is hoping to be back up and renting in 2024.....
  • Rent Phone: 239-472-5151
  • Rent Type: Daily

Tax Info

  • Tax Amount: 3056
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2016
Sold by
Klopstock William Jay and Klopstock Caroline B
Bought by
The William Jay Klopstock Revocable Trus
Current Estimated Value
$242,163

Purchase Details

Closed on
May 22, 2007
Sold by
Klopstock William
Bought by
Klopstock William and Klopstock Caroline
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
The William Jay Klopstock Revocable Trus -- Attorney
Klopstock William -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Sold $274,000 -8.4% $457 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $299,000 -- $498 / 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
2025 $365 $24,575 -- $24,575
2024 $404 $24,575 -- $24,575
2023 $404 $26,950 $0 $26,950
2022 $3,056 $207,456 $0 $0
2021 $2,698 $188,596 $0 $188,596
2020 $2,674 $186,533 $0 $186,533
2019 $2,432 $166,345 $0 $166,345
2018 $2,496 $167,153 $0 $167,153
2017 $2,541 $166,345 $0 $166,345
2016 $2,392 $156,036 $0 $156,036
2015 $2,206 $138,100 $0 $138,100
2014 -- $128,800 $0 $128,800
2013 -- $119,800 $0 $119,800
Source: Public Records

Agents Affiliated with this Home

  • kelly Huguenin

    Seller's Agent in 2023

    kelly Huguenin

    Pfeifer Realty Group LLC

    (423) 903-4684

    51 in this area

    71 Total Sales

    kelly Huguenin
    Section Image
  • Eric Pfeifer

    Seller Co-Listing Agent in 2023

    Eric Pfeifer

    Pfeifer Realty Group LLC

    (239) 472-0004

    640 in this area

    917 Total Sales

    Eric Pfeifer
    Section Image
  • Cindy Sitton

    Buyer's Agent in 2023

    Cindy Sitton

    Royal Shell Real Estate, Inc.

    (239) 810-4772

    45 in this area

    56 Total Sales

    Cindy Sitton
    Section Image
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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230945

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T3-02300.0170

Florida Lee County Sanibel 33957

409 E Gulf Dr Unit 17, Sanibel, FL

This home is located at 409 E Gulf Dr Unit 17, Sanibel, FL 33957 since 17 October 2023 and is currently estimated at $242,163, approximately $403 per square foot. This property was built in 1968. 409 E Gulf Dr Unit 17 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.

Sanibel & Captiva Islands Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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