NOT LISTED FOR SALE

Sanibel Arms West 827 E Gulf Dr Unit B8 Sanibel, FL 33957

Sanibel Area

Estimated Value: $672,316

2 Beds
2 Baths
1,040 Sq Ft
7,013 Sq Ft Lot

Sale Details

Date Sold: August 22, 2022

Last sale price $820,000 $788 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $4,777 / mo

105 Days on Market

Highlights

  • Community Beach Access
  • Community Boat Dock
  • Community Cabanas
  • The Sanibel School Rated A-
  • Property fronts gulf or ocean
  • Fitness Center

About This Home

As of August 2022

Welcome to Sanibel Arms West and the best priced Gulf view 2 bedroom 2 bathroom condo on the market! This condo is a desirable top floor corner unit offering additional natural light and privacy and is located just steps from the beach. Enjoy the sounds and view of the emerald Gulf waters meeting the shoreline of your 550+/- ft of pristine white sandy beach as you drift to sleep or during your morning coffee. Enjoy the large heated pool after a successful day of shelling, a competitive game of tennis or pickleball, or after docking your boat at the complimentary community slips on the North end of the property. A large clubroom and sundeck, workout room, grilling areas, and one of the best onsite mgt. teams round out this desirable offering. Long revered from guests as the islands most conveniently located, laid back and friendly beach front atmospheres, it is also one of the best investment condos for owners with high rental income and the lowest rental mgt. fee’s of only 10.5%!

Last Agent to Sell the Property

Evan duPont

Michael Saunders & Company License #3286932 Listed on: 04/15/2022

Michael Saunders & Company

Last Buyer's Agent

OTHER OTHER

Other

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,712

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $460 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,040 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Windows
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Parking

  • Guest Parking
  • Open Parking

Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot B-8
  • Assessor Parcel Number 29-46-23-T1-0050B.0080

Community Details

Overview

  • Association fees include cable TV, exter pest control, exterior main/repair, inter pest control, irrigation, landscape/lawn, legal and accounting, manager, pool service, recreation facilities, trash, water
  • Sanibel Arms West Association, Phone Number (239) 472-1138
  • Sanibel Arms West Community

Amenities

  • Community Barbecue Grill
  • Courtyard
  • Clubhouse
  • Recreation Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Boat Dock
  • Fishing Pier
  • Community Beach Access
  • Community Basketball Court
  • Fitness Center
  • Community Cabanas

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,712

Year Built

Built in 1974

Lot Details

7,013 Sq Ft Lot

HOA Fees

$460 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Ground Level, Split Bedrooms
  • Legal Description: SANIBEL ARMS WEST CONDO OR 841 PG 619 APT B-8
  • Strap Number: 29-46-23-T1-0050B.0080
  • Subject To F I R P T A: No
  • Year Built: 1974
  • Level: 2
  • Pets: Not Allowed
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 788.46
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Electric, Refrigerator, Smoke Detector(s), Stack Washer/Dryer
  • Estimated Living Sq Ft: 1040
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Ceiling: See Remarks
  • Den: No
  • Fireplace: No
  • Floor: 2
  • Flooring: Carpet, Tile Floor
  • Furnished: Yes
  • Furnishing: Fully Furnished
  • Primary Bathroom: Dbl Sinks, Shower/Tub Combo, Tile
  • Master Bedroom: Carpet, Porch
  • Windows: Sliding

Exterior Features

  • Misc Exterior: CBS
  • Waterfront: Canal Salt, Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Ext Fin Trim: Stucco
  • Pool: Yes
  • View: Part Gulf View

Garage/Parking

  • Parking: Guest, Open

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat
  • Security: See Remarks

Condo/Co-op/Association

  • Association Fees Disp: Y - $460/M
  • Association Fee: 460
  • Association Fee Period: Monthly
  • Association Right Of Refusal: No
  • Association Management: Sanibel Arms West
  • Management Company Phone: 239-472-1138
  • Condo Amenities: Basketball Court, Boat Docks, Cabana, Cable, Clubhouse, Community Laundry, Community Room, Courtyard, Deeded Beach Access, Exercise Room, Fishing Pier, Grills, Pool, Rental Office on Site, Separate Storage
  • Condo Name: Sanibel Arms West
  • Fees Include: Cable TV, Exter Pest Control, Exterior Main/Repair, Inter Pest Control, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Pool Service, Recreation Facilities, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $0/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2022-04-15
  • Geo Address Line: 827 E Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: B-8

Rental Info

  • Application Required: Yes
  • Rent History: Weekly plus 3 day rentals. Already $49,000.00 on the books for 2022 with owner usage as of only 4/15/22. Sanibel Arms West onsite office only charges 10.5% management fee.
  • Rent Phone: 239-472-1138
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 6712
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2026
Sold by
Faulkner Michael and Faulkner Michele
Bought by
Current Estimated Value
$672,316

Purchase Details

Listed on
Apr 15, 2022
Closed on
Aug 22, 2022
Sold by
Piwowarczyk Cynthia L
Bought by
Faulkner Michael W and Faulkner Michele
Seller's Agent
Evan duPont
Michael Saunders & Company
Buyer's Agent
OTHER OTHER
Other
List Price
$875,000
Sold Price
$820,000
Premium/Discount to List
-$55,000
-6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.75%
Original Mortgage
$400,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2016
Closed on
Nov 29, 2016
Sold by
Mccue Maria L
Bought by
Piwowarezyk Thomas and Piwowarezyk Cynthia L
Seller's Agent
Lori Schulz
Pfeifer Realty Group LLC
Buyer's Agent
Connie Walters
Michael Saunders & Company
List Price
$548,900
Sold Price
$500,000
Premium/Discount to List
-$48,900
-8.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%

Purchase Details

Closed on
Mar 16, 2011
Sold by
Mccue Marian L
Bought by
Mccue Marian L and Marian L Mccue Revocable Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Sanibel, FL

  • Ken King Real Estate Agent - Portside Property Group LLC

    Ken King

    Portside Property Group LLC

    (239) 946-4486

    36 Total Sales

    70 in Sanibel

    $300K - $2.9M Price Range

    Ken King
     Section Image
  • Janka Varmuza Real Estate Agent - Royal Shell Real Estate, Inc.

    Janka Varmuza

    Royal Shell Real Estate, Inc.

    (239) 572-9771

    38 Total Sales

    39 in Sanibel

    $420K - $1.7M Price Range

    Janka Varmuza
     Section Image
  • Amy Admire Real Estate Agent - Coldwell Banker Realty

    Amy Admire

    Coldwell Banker Realty

    (239) 291-6203

    74 Total Sales

    1 in Sanibel

    $2,500,000 Price

    Amy Admire
     Section Image
  • Bill LeJeune Real Estate Agent - Pfeifer Realty Group LLC

    Bill LeJeune

    Pfeifer Realty Group LLC

    (443) 775-2654

    50 Total Sales

    68 in Sanibel

    $425K - $2M Price Range

    Bill LeJeune
     Section Image
  • Denise Vaughn Real Estate Agent - RE/MAX REALTY GROUP

    Denise Vaughn

    RE/MAX REALTY GROUP

    (239) 388-7020

    23 Total Sales

    6 in Sanibel

    $455K - $775K Price Range

    Denise Vaughn
     Section Image
  • Geraldine Anarumo Real Estate Agent - FLORIDA REALTY MARKETPLACE

    Geraldine Anarumo

    FLORIDA REALTY MARKETPLACE

    (863) 900-9984

    76 Total Sales

    1 in Sanibel

    $600,000 Price

    Geraldine Anarumo
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$100 None Listed On Document
Faulkner Michael W $820,000 Naumann Law Pa
Piwowarezyk Thomas $500,000 Superior Title Svcs Of Sanib
Mccue Marian L -- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $400,000
Previous Owner Piwowarczyk Thomas $60,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2022 08/22/22 Sold $820,000 -6.3% $788 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $875,000 0.0% $841 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/08/2022 06/08/22 Price Changed $875,000 -2.2% $841 / Sq Ft
04/15/2022 04/15/22 For Sale $895,000 +79.0% $861 / Sq Ft
11/29/2016 11/29/16 Sold $500,000 -8.9% $481 / Sq Ft View Prior Sale
10/30/2016 10/30/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $548,900 -- $528 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,268 $69,411 $69,411
2025 $6,268 $443,599 $443,599
2024 $1,841 $63,101 $63,101
2023 $1,841 $126,894 $0 $126,894
2022 $7,615 $518,008 $0 $0
2021 $6,712 $470,916 $0 $470,916
2020 $6,705 $464,313 $0 $464,313
2019 $6,513 $447,355 $0 $447,355
2018 $6,401 $430,398 $0 $430,398
2017 $6,587 $432,820 $0 $432,820
2016 $6,269 $416,100 $0 $416,100
2015 $5,717 $359,100 $0 $359,100
2014 $5,531 $343,800 $0 $343,800
2013 -- $312,900 $0 $312,900
Source: Public Records

Agents Affiliated with this Home

  • Evan duPont Real Estate Agent - Michael Saunders & Company

    Seller's Agent in 2022

    Evan duPont

    Michael Saunders & Company

    (239) 462-1817

    66 Total Sales

    Evan duPont
    Section Image

  • OO

    Buyer's Agent in 2022

    OTHER OTHER

    Other

  • Lori Schulz Real Estate Agent - Pfeifer Realty Group LLC

    Seller's Agent in 2016

    Lori Schulz

    Pfeifer Realty Group LLC

    (239) 395-3936

    45 Total Sales

    Lori Schulz
    Section Image
  • Aron Hubers Real Estate Agent - Portside Property Group

    Seller Co-Listing Agent in 2016

    Aron Hubers

    Portside Property Group

    (239) 250-9300

    50 Total Sales

    Aron Hubers
    Section Image
  • Connie Walters Real Estate Agent - Michael Saunders & Company

    Buyer's Agent in 2016

    Connie Walters

    Michael Saunders & Company

    (239) 841-4540

    26 Total Sales

    Connie Walters
    Section Image
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About Sanibel Arms West

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2220306

Sanibel & Captiva Islands Association of REALTORS®

APN: 29-46-23-T1-0050B.0080

Florida Lee County Sanibel 33957

827 E Gulf Dr Unit B8, Sanibel, FL

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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