NOT LISTED FOR SALE

764 Beach Rd Sanibel, FL 33957

Estimated Value: $1,264,033 - $2,456,000

8 Beds
8 Baths
4,760 Sq Ft
$414/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $2,500,000 $525 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $11,756/month

7 Days on Market

Highlights

  • Home fronts a seawall
  • 0.85 Acre Lot
  • Furnished
  • Sanibel Elementary School Rated A-
  • Canal View
  • No HOA

About This Home

As of March 2021

Introducing Gulfside Beach Rd Villas! Like the Beach? Like to Boat? Enjoy the best of both worlds! Ideally situated, just steps from the beach and on a deep water access canal. Each of the 4 spacious units features 1100 SF of island living. The ground floor of each unit boasts a beautiful kitchen with quartz counters and stainless steel appliances, large great room, laundry, bath and spacious screened lanai. Second levels feature a large master bedroom with screened porch, oversized guest room and bath. The gardens won’t disappoint- lush tropical vegetation, fruit trees, and flowering plants create the perfect backdrop for quiet reflection in tune with this sanctuary island. Huge adjacent lot is part of the compound and is full of possibilities- a tranquil waterside retreat, have a picnic, play croquet, volleyball, bocce or a stroll through a beautiful butterfly garden. Short term rentals allowed- strong rental history. Don't miss this great opportunity!

Last Agent to Sell the Property

Barbara Maughan

John R. Wood Properties License #3303728 Listed on: 02/11/2021

John R. Wood Properties

Last Buyer's Agent

OTHER OTHER

Other

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,506

Year Built

  • Built in 1971

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 180 x 208
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • East Facing Home

Parking

  • Detached Garage

Property Views

  • Canal
  • Garden

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,760 Sq Ft Home
  • Furnished
  • Ceiling height between 8 to 10 feet
  • Awning
  • Single Hung Wood Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Outdoor Features

  • Shared Dock
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 29-46-23-T1-00001.0130

Community Details

Overview

  • No Home Owners Association
  • Shell Harbor Subdivision

Recreation

  • Gulf Boat Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,506

Year Built

Built in 1971

Lot Details

0.85 Acres

Listing Details

  • Subdivision Name: Shell Harbor
  • Class: Residential
  • Property Type: Multi Family
  • Legal Description: PARL LOCATED W OF LINDGREN BLVD + N OF GULF DR DESC OR 1700/2744 AKA PARCEL U
  • Strap Number: 29-46-23-T1-00001.0130
  • Subject To F I R P T A: No
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Elevator: No
  • Price Per S Q F T: 525.21
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Electric, Refrigerator-Ice maker, Smoke Detector(s), Stack Washer/Dryer, Water Heater, See Remarks
  • Estimated Living Sq Ft: 4760
  • Bathrooms: 4
  • Bathrooms Display: 4/4
  • Bedrooms: 8
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Flooring: Carpet, Tile Floor
  • Furnished: Yes
  • Furnishing: Turn-Key
  • Half Bathrooms: 4
  • Windows: Awning(s), Single Hung

Exterior Features

  • Waterfront: Canal Salt, Navigable, Seawall
  • Waterfront: Yes
  • Coastal Construction: In Front of 1974
  • Ext Fin Trim: Stucco
  • Pool: No
  • View: Canal, Lawn/Garden
  • Construction Stat: Concrete Block, Poured Concrete
  • Rear Exposure: East
  • Roof: Composite, Flat

Garage/Parking

  • Parking: Separate Garage, See Remarks

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.85
  • Geo Update Timestamp: 2021-02-12
  • Geo Address Line: 764 Beach Rd
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 180
  • Lot Frontage: 208
  • Lot Size Irregular: No
  • Lot Sq Ft: 37701
  • Lot Sq Ft Source: Leepa
  • Survey: No

Rental Info

  • Rental: Yes
  • Rent Type: Daily

Tax Info

  • Tax Amount: 10506
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
Paparone Pamela
Bought by
764 Beach Road Llc
Current Estimated Value
$1,968,678

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 10, 2021
Sold by
Beach Road Villas Trust and Engineered Capital Gains Solutions Inc
Bought by
Paparone Pamela A
Seller's Agent
Barbara Maughan
John R. Wood Properties
Buyer's Agent
OTHER OTHER
Other
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.65%

Purchase Details

Closed on
Oct 23, 2006
Sold by
Shafer Fred
Bought by
Wager David K

Purchase Details

Closed on
Oct 20, 2006
Sold by
Sanibel Beach Inn Llc
Bought by
Shafer Fred

Purchase Details

Closed on
Oct 24, 2003
Sold by
Beach Rd Inn L L C
Bought by
Sanibel Beach Inn L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2000
Sold by
Frazetta Phillip and Frazetta Terri Grove
Bought by
Bch Rd Inn L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$739,500
Interest Rate
8.17%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
764 Beach Road Llc -- Accommodation
Paparone Pamela A $2,500,000 Superior Title Services
Beach Road Villas Trust $2,500,000 Superior Ttl Svcs Of Sanibel
Wager David K $163,500 Attorney
Shafer Fred -- Attorney
Sanibel Beach Inn L L C $1,287,500 --
Bch Rd Inn L L C $870,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanibel Beach Inn L L C $1,030,000
Previous Owner Bch Rd Inn L L C $739,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $2,500,000 0.0% $525 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $2,500,000 -- $525 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

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 $18,157 $834,482 $474,982 $354,512
2024 $18,157 $1,124,995 $474,982 $640,253
2023 $17,931 $1,133,196 $599,048 $527,109
2022 $15,700 $740,281 $260,283 $476,129
2021 $12,373 $766,485 $291,973 $474,512
2020 $11,910 $765,832 $381,638 $384,194
2019 $10,599 $638,499 $320,510 $317,989
2018 $10,583 $627,352 $273,359 $353,993
2017 $13,541 $835,093 $492,550 $342,543
2016 $13,135 $834,878 $526,820 $308,058
2015 $12,477 $779,787 $515,244 $264,543
2014 $10,782 $607,108 $390,768 $216,340
2013 -- $632,623 $501,057 $131,566
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2210140

Sanibel & Captiva Islands Association of REALTORS®

APN: 29-46-23-T1-00001.0130

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