$1,450,000
SOLD OCT 27, 2025

489 E Gulf Dr Sanibel, FL 33957

3 Beds
3.5 Baths
2,129 Sq Ft
$2,667/mo HOA Fee

Recently Sold

$681 Per Sq Ft

36% Below List Price

199 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Maid or Guest Quarters
  • Sanibel Elementary School Rated A-
  • Gulf View
  • Cathedral Ceiling

About This Home

As of October 2025

Welcome to a rare and enchanting retreat tucked away in Tigua Cay, an intimate Gulf-front community of just four residences on Sanibel’s quiet East End. With a sparkling community pool and miles of shell-laden shoreline just steps away, this is island living at its most peaceful and picturesque. This two-story townhouse offers direct Gulf views and a layout made for relaxed coastal living. The main level features two guest bedrooms, each with its own bath, a beautifully updated kitchen with crisp white cabinetry and stainless-steel appliances, and an open dining and living space that flows effortlessly onto a screened-in porch with panoramic views of the water. A laundry area and half bath complete the main floor. Upstairs, the spacious primary suite is a true sanctuary. Wake up to breathtaking Gulf views from your bed, enjoy a morning coffee on the private screened balcony, or soak up the sun on your open-air deck—perfect for lounging and taking in the beauty of the island. The suite also features a spa-inspired bath, walk-in closet, and a cozy loft space ideal for reading, working, or overflow guests. Whether you're beachcombing for shells, taking a dip in the pool, or simply soaking in the views, life at Tigua Cay offers the perfect blend of luxury and laid-back island charm.

Last Agent to Sell the Property

Tanner Miller

Pfeifer Realty Group LLC License #258034753 Listed on: 04/11/2025

Last Buyer's Agent

Amber Pindak

EXP Realty LLC License #301001649

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,082

Year Built

  • Built in 1982

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • North Facing Home

HOA Fees

  • $2,667 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Villa
  • Entry on the 1st floor
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2,129 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Loft
  • Screened Porch
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Balcony
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 489 / 3100
  • Assessor Parcel Number 20-46-23-T3-03100.4890

Community Details

Overview

  • Association fees include management, irrigation water, legal/accounting, ground maintenance, pest control, sewer, trash, water
  • 4 Units
  • Association Phone (239) 770-3116
  • Tigua Cay Condo Subdivision

Recreation

  • Community Beach Access
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,082

Year Built

Built in 1982

Lot Details

0

HOA Fees

$2,667 per month

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size Acres: 0.0807
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: TIGUA CAY CONDO
  • Directions: USE GPS
  • Architectural Style: Two Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1982
  • Property Sub Type Additional: Attached,Villa
  • Association Fee 3 Frequency: Quarterly
  • Pets No Pets Comments: PetsLimitOther:OWNERS ONLY
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Bathtub, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Living/Dining Room, Separate Shower, Cable TV, Upper Level Primary, Walk-In Closet(s), Window Treatments, Elevator, Loft
  • Living Area: 2129.0
  • Dining Room Type: Bathroom, Guest Quarters, Great Room, Loft, Screened Porch
  • Stories: 2
  • Window Features: Impact Glass, Window Coverings

Exterior Features

  • Lot Features: Other
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: Beach Front, Gulf
  • Waterfront: Yes
  • Disclosures: Coastal Zone
  • Construction Type: Stucco
  • Direction Faces: North
  • Exterior Features: Security/High Impact Doors, Storage
  • Foundation Details: Raised
  • Other Structures: Guest House Attached
  • Patio And Porch Features: Balcony, Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access, Pool
  • Phone: 239-770-3116
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 8000.0

Fee Information

  • Association Fee Includes: Association Management, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 20-46-23-T3-03100.4890

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 11081.85
  • Tax Block: 3100
  • Tax Lot: 489
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
Oct 27, 2025
Sold by
Aldridge Family Limited Partnership
Bought by
Smith Scott A
Seller's Agent
Tanner Miller
Pfeifer Realty Group LLC
Buyer's Agent
Amber Pindak
EXP Realty LLC
List Price
$2,249,990
Sold Price
$1,450,000
Premium/Discount to List
-$799,990
-35.56%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.68%

Purchase Details

Closed on
Apr 20, 2021
Sold by
Outcalt Jon H and Declaration Of Tr With Jon H O
Bought by
Aidridge Family Limited Partnership

Purchase Details

Closed on
Feb 23, 2016
Sold by
Norton Dorothy E and Norton George J
Bought by
Outcalt Jon H

Purchase Details

Closed on
Jun 8, 2009
Sold by
Norton George J and Norton Dorothy E
Bought by
Norton Dorothy E and Norton George J

Purchase Details

Closed on
Jan 15, 1999
Sold by
Chiaro John J and Chiaro Arlene M
Bought by
Norton George J and Norton Dorothy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $1,450,000 Superior Title Services
Warranty Deed $2,325,000 Knight Barry Title Sln Inc
Warranty Deed $2,000,000 Barrier Island Title Service
Interfamily Deed Transfer -- Attorney
Warranty Deed $900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $675,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2025 10/27/25 Sold $1,450,000 -27.5% $681 / Sq Ft
10/27/2025 10/27/25 Pending -- -- --
10/04/2025 10/04/25 Off Market $1,999,000 -- --
04/23/2025 04/23/25 Price Changed $1,999,000 -11.2% $939 / Sq Ft
04/11/2025 04/11/25 For Sale $2,249,990 -- $1,057 / Sq Ft
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
2025 $11,082 $745,714 -- $745,714
2024 $22,015 $1,039,050 -- --
2023 $22,015 $1,503,655 $0 $1,503,655
2022 $23,546 $1,697,250 $0 $1,697,250
2021 $18,889 $1,303,009 $0 $1,303,009
2020 $18,876 $1,286,348 $0 $1,286,348
2019 $20,330 $1,377,595 $0 $1,377,595
2018 $23,244 $1,545,555 $0 $1,545,555
2017 $24,274 $1,578,663 $0 $1,578,663
2016 $17,435 $1,487,372 $0 $1,487,372
2015 $17,776 $1,272,700 $0 $1,272,700
2014 -- $1,382,500 $0 $1,382,500
2013 -- $1,109,160 $0 $1,109,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225036803

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T3-03100.4890