$500,000
SOLD OCT 10, 2025

545 Boulder Dr Sanibel, FL 33957

3 Beds
3.5 Baths
2,269 Sq Ft
0.45 Acres

Recently Sold

$220 Per Sq Ft

35% Below List Price

209 Days on Market

Highlights

  • Concrete Pool
  • Pool View
  • Oversized Lot
  • Sanibel Elementary School Rated A-
  • No HOA
  • Jalousie or louvered window

About This Home

As of October 2025

Amazing opportunity in the coveted East Rocks neighborhood! This neighborhood offers the perfect blend of coastal living, nature, lush landscape, and tranquility Sanibel is famous for. The East Rocks neighborhood is within walking distance of world-renowned beaches for picturesque sunsets, shelling, and fishing. The home's 2269 sq ft of living space needs your vision to restore it and create your perfect island dream home for many years to come. The outside space features a pool and hot tub, and a large paver patio for relaxing or entertaining family and friends. This sweat equity opportunity won't last long, so don't hesitate to schedule your private showing! HUD Case #095-148887

Last Agent to Sell the Property

Allie Kozar

Villa Realty Group, Inc. License #734506983 Listed on: 03/05/2025

Last Buyer's Agent

Niki Luongo

Home Team Advantage Realty License #258033921

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 94 x 79 x 177 x 80
  • Northeast Facing Home
  • Oversized Lot
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,269 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Single Hung Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Pool Views
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub
  • Separate Shower

Pool

  • Concrete Pool
  • In Ground Pool
  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • East Rocks Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / 3
  • Assessor Parcel Number 28-46-22-T4-01203.0250

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.452
  • Lot Size: 94 x 79 x 177 x 80
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: EAST ROCKS
  • Directions: west gulf drive to East rocks dr, to Boulder Drive
  • Architectural Style: Other, Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 1028
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Gunite, In Ground
  • Private Spa: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Terrazzo, Tile
  • Interior Amenities: Breakfast Bar, Bathtub, Entrance Foyer, Kitchen Island, Living/Dining Room, Main Level Primary, Separate Shower, Cable TV
  • Living Area: 2269.0
  • Stories: 1
  • Window Features: Jalousie, Single Hung

Exterior Features

  • Lot Features: Irregular Lot, Oversized Lot
  • Pool Features: Concrete, In Ground
  • Pool Private: Yes
  • View: Landscaped, Pool
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Exterior Features: None, Patio
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Known Damage
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: In Garage
  • Security: None
  • 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: None
  • Phone: 123-123-1234
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 28-46-22-T4-01203.0250

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 13825.59
  • Tax Block: 3
  • Tax Lot: 25
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
Oct 9, 2025
Sold by
Secretary Of Housing And Urban Developme
Bought by
Ocasio-Cruz Sheila and Mas Michael
Seller's Agent
Allie Kozar
Villa Realty Group, Inc.
Buyer's Agent
Niki Luongo
Home Team Advantage Realty
List Price
$775,000
Sold Price
$500,000
Premium/Discount to List
-$275,000
-35.48%
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
211.40%

Purchase Details

Closed on
Jun 11, 2024
Sold by
Lawrence Peter C and Ziegler Cynthia L
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Jan 28, 2010
Sold by
Lawrence Alfred N and Lawrence Carole S
Bought by
Lawrence Alfred N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.16%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Special Warranty Deed $500,000 None Listed On Document
Deed In Lieu Of Foreclosure -- None Listed On Document
Special Warranty Deed $329,900 None Listed On Document
Interfamily Deed Transfer $1,428 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $900,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 Sold $500,000 -15.6% $220 / Sq Ft
09/30/2025 09/30/25 Pending -- -- --
08/20/2025 08/20/25 Price Changed $592,500 -10.1% $261 / Sq Ft
06/24/2025 06/24/25 Price Changed $658,750 -15.0% $290 / Sq Ft
03/05/2025 03/05/25 For Sale $775,000 -- $342 / 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 $13,826 $500,791 $500,781 $10
2024 $13,826 $939,625 $820,888 $95,794
2023 $5,718 $410,344 $0 $0
2022 $5,598 $398,392 $0 $0
2021 $5,826 $630,431 $324,000 $306,431
2020 $5,790 $381,448 $0 $0
2019 $5,686 $372,872 $0 $0
2018 $5,683 $365,920 $0 $0
2017 $5,676 $358,394 $0 $0
2016 $5,647 $558,255 $270,000 $288,255
2015 $5,735 $538,491 $244,900 $293,591
2014 -- $472,001 $231,000 $241,001
2013 -- $508,993 $207,100 $301,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225024394

Florida Gulf Coast Multiple Listing Service

APN: 28-46-22-T4-01203.0250