$2,300,000
SOLD FEB 23, 2015

503 E Gulf Dr Unit A Sanibel, FL 33957

4 Beds
3.5 Baths
2,610 Sq Ft
$1,271/mo HOA Fee

Recently Sold

$881 Per Sq Ft

8% Below List Price

Highlights

  • Beach Front
  • Community Beach Access
  • Gulf View
  • Sanibel Elementary School Rated A-
  • Boat Dock
  • Sitting Area In Primary Bedroom

About This Home

As of February 2015

Gulf Front 4 bedroom 3 1/2 bath with huge 800+ square feet 4 car parking garage. 3 gulf front lanais. East end’s finest property. One of only 2 condos in condo association, plus part of Kinzie island’s homeowner association enjoying 50’ pool, boat dock, beach cabana/club house. The panoramic gulf front views are best on the islands. Impressive use of cathedral and tray ceilings with use of oak, ash and cedar throughout creates timeless space with a cozy edge. New mitigated windows throughout, screens, a/c, refrigerator, exterior of building just painted. This is a must see for the beachfront home buyer. Rare - has only been available for purchase once in 26 years. Will not last.

Last Agent to Sell the Property

Glenn Carretta

VIP Realty Sanibel and Captiva License #280500042 Listed on: 01/23/2015

VIP Realty Sanibel and Captiva

Last Buyer's Agent

Glen Simmons

Royal Shell Real Estate, Inc. License #280500208

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,998

Year Built

  • Built in 1989

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • West Facing Home
  • Sprinkler System
  • Zero Lot Line

HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Villa
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,610 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Awning
  • Double Hung Windows
  • Sliding Windows
  • Casement Windows
  • Gulf Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Bidet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block A / 3800
  • Assessor Parcel Number 20-46-23-T3-03800.00A0

Community Details

Overview

  • Association fees include irrigation water, ground maintenance
  • 2 Units
  • Association Phone (239) 472-9111
  • Kinzie Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Beach Access
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,998

Year Built

Built in 1989

Lot Details

0

HOA Fees

$1,271 per month

Parking

4

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: KINZIE ISLAND
  • Directions: Striaght on Causeway Road to East Gulf Drive, make left to 503 Est Gulf, Kinzie Island, on right.
  • Architectural Style: Contemporary, Multi-Level
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Year Built: 1989
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Attached,Villa
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Cooktop, Double Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Bidet, Bedroom on Main Level, Breakfast Area, Bathtub, Tray Ceiling(s), Cathedral Ceiling(s), Dual Sinks, Jetted Tub, Sitting Area in Master, Separate Shower, Upper Level Master, Vaulted Ceiling(s), Central Vacuum, High Speed Internet, Split Bedrooms
  • Living Area: 2610.0
  • Stories: 3
  • Window Features: Casement Window(s), Double Hung, Sliding, Impact Glass, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: Beach Front, Gulf
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Security/High Impact Doors, Sprinkler/Irrigation, Tennis Court(s), Awning(s)
  • Patio And Porch Features: Balcony, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: Attached, Underground, Garage, Two Spaces, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Facilities, Street Lights
  • Amenities: Beach Rights, Boat Dock, Beach Access, Clubhouse, Pool, Tennis Court(s)
  • Association #2 Fee: 661.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 610.0
  • Association Fee Frequency: Monthly
  • Phone: 239-472-9111
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Irrigation Water, Maintenance Grounds

Lot Info

  • Parcel #: 20-46-23-T3-03800.00A0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 23998.0
  • Tax Block: 3800
  • Tax Lot: A
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2023
Sold by
Devoy Dennis and Devoy Laura
Bought by
Devoy Investments Llc

Purchase Details

Listed on
Jan 23, 2015
Closed on
Feb 23, 2015
Sold by
Cooper Dennis W and Cooper Stacey A
Bought by
Devoy Investments Llc
Seller's Agent
Glenn Carretta
VIP Realty Sanibel and Captiva
Buyer's Agent
Glen Simmons
Royal Shell Real Estate, Inc.
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%

Purchase Details

Closed on
Jul 9, 2010
Sold by
Marder Eric
Bought by
Cooper Dennis W and Cooper Stacey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
4.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $2,300,000 Barrier Island Title Service
Warranty Deed $1,850,000 Barrier Island Title Service
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $417,000 New Conventional
Previous Owner $1,480,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 For Sale $3,995,000 +73.7% $1,487 / Sq Ft
02/23/2015 02/23/15 Sold $2,300,000 -7.8% $881 / Sq Ft
01/24/2015 01/24/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $2,495,000 -- $956 / 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
2024 $29,251 $690,261 $264,010 $426,251
2023 $29,251 $2,047,644 $0 $0
2022 $27,045 $1,988,004 $0 $0
2021 $27,321 $2,061,092 $1,425,000 $636,092
2020 $27,267 $1,903,453 $0 $0
2019 $26,842 $1,860,658 $0 $0
2018 $26,891 $1,825,965 $0 $0
2017 $26,937 $1,788,408 $0 $0
2016 $26,847 $1,751,624 $1,200,000 $551,624
2015 $25,861 $1,628,699 $800,000 $828,699
2014 -- $1,508,401 $850,000 $658,401
2013 -- $1,329,706 $741,000 $588,706
Source: Public Records

Agents Affiliated with this Home

  • Tina DiCharia

    Seller's Agent in 2025

    Tina DiCharia

    Royal Shell Real Estate, Inc.

    (239) 340-5636

    28 in this area

    63 Total Sales

    Tina DiCharia
    Section Image

  • G

    Seller's Agent in 2015

    Glenn Carretta

    VIP Realty Sanibel and Captiva

    Section Image

  • G

    Buyer's Agent in 2015

    Glen Simmons

    Royal Shell Real Estate, Inc.

    (239) 340-5636

    14 in this area

    17 Total Sales

    Glen Simmons
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215005715

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T3-03800.00A0

Florida Lee County Sanibel 33957

503 E Gulf Dr Unit A, Sanibel, FL

This home is located at 503 E Gulf Dr Unit A, Sanibel, FL 33957 and is currently priced at $2,300,000, approximately $881 per square foot. This property was built in 1989. 503 E Gulf Dr Unit A 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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