NOT LISTED FOR SALE

Sanibel Arms West 827 E Gulf Dr Unit D2 Sanibel, FL 33957

Estimated Value: $737,000 - $999,000

2 Beds
2 Baths
1,040 Sq Ft
6,756 Sq Ft Lot Lot

Sale Details

Date Sold: August 17, 2021

Last sale price $915,799 $881 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,226 / mo

234 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Furnished
  • Sanibel Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of August 2021

Newly renovated Gulf front ground level condo located in the popular Sanibel Arms West community on the east end of the island. 2BR/2BA with top of the line finishes. Open concept kitchen with granite counters and stainless steel appliances. Bar seating as well as a dining area with seating for six opens onto the beautiful screened lanai – a perfect place to enjoy the warm island breezes and the world-famous Sanibel sunsets. Two spacious bedrooms with two well-appointed bathrooms – one ensuite. Equipped with a washer/dryer and new A/C and water heater. Beautifully decorated and furnished with warm island colors and immaculately maintained. This direct beach front community offers 500 ft of water frontage, boat docks/canal access, pool, sundeck, tennis, pickle ball, workout room and onsite management with rental office. Strong rental income with low commission fees (10.5%) makes this property a must see! Close to island amenities and easy on/off the island.

Last Agent to Sell the Property

Eric Pfeifer

Pfeifer Realty Group LLC License #280522587 Listed on: 11/25/2020

Last Buyer's Agent

Eric Pfeifer

Pfeifer Realty Group LLC License #280522587 Listed on: 11/25/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,332

Year Built

  • Built in 1974

Lot Details

  • North Facing Home

Parking

  • Guest Parking

Home Design

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

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Courtyard
  • Screened Patio
  • Porch

Schools

  • Sanibel Elementary And Middle School
  • Fort Myers Choice High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 2 / 50D
  • Assessor Parcel Number 29-46-23-T1-0050D.0020

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, cable TV, insurance, irrigation water, laundry, legal/accounting, ground maintenance, recreation facilities, sewer, trash, water
  • 104 Units
  • Association Phone (239) 472-1138
  • Low-Rise Community
  • Sanibel Arms West Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Beach Access

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,332

Year Built

Built in 1974

Lot Details

6,756 Sq Ft Lot

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1551
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SANIBEL ARMS WEST CONDO
  • Directions: Once over the Causeway proceed forward through he 4-way stop to Lindgren Blvd, take a left on East Gulf Drive, Complex is on the right.
  • Architectural Style: Garden Home, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1974
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Living/Dining Room, Shower Only, Separate Shower
  • Living Area: 1040.0
  • Stories: 2
  • Window Features: Sliding, Window Coverings

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Courtyard
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Guest, Paved

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Tennis Court(s)
  • Amenities: Beach Rights, Beach Access, Clubhouse, Laundry, Barbecue, Picnic Area, Pool, Tennis Court(s)
  • Phone: 239-472-1138
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Irrigation Water, Laundry, Legal/Accounting, Maintenance Grounds, Recreation Facilities, Sewer, Trash, Water

Schools

  • Elementary School: SANIBEL SCHOOL
  • High School: FORT MYERS CHOICE
  • Middle Or Junior School: SANIBEL SCHOOL

Lot Info

  • Parcel #: 29-46-23-T1-0050D.0020
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 104

Tax Info

  • Tax Annual Amount: 8332.0
  • Tax Block: 50D
  • Tax Lot: 2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Aug 9, 2021
Sold by
Kuck Kevin K and Kuck Kathleen M
Bought by
Allard Gregory J
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Eric Pfeifer
List Price
$960,000
Sold Price
$915,799
Premium/Discount to List
-$44,201
-4.6%
Current Estimated Value
$839,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,291
Avg. Annual Appreciation
-1.83%
Original Mortgage
$732,639
Outstanding Balance
$666,196
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$173,312

Purchase Details

Closed on
Dec 17, 1997
Sold by
Toft Martin J
Bought by
P B M South Inc
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
Allard Gregory J $915,799 Coastal Ttl Svcs Of Sw Fl Ll
P B M South Inc $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allard Gregory J $732,639
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2021 08/17/21 Sold $915,799 -4.6% $881 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
11/25/2020 11/25/20 For Sale $960,000 -- $923 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $9,669 $685,047 -- $685,047
2024 $1,841 $63,101 -- $63,101
2023 $1,841 $126,894 $0 $126,894
2022 $10,395 $760,604 $0 $760,604
2021 $8,319 $583,937 $0 $583,937
2020 $8,322 $576,555 $0 $576,555
2019 $8,061 $553,945 $0 $553,945
2018 $7,934 $533,758 $0 $533,758
2017 $8,120 $533,758 $0 $533,758
2016 $7,729 $499,019 $0 $499,019
2015 $8,911 $578,300 $0 $578,300
2014 $8,645 $587,100 $0 $587,100
2013 -- $542,300 $0 $542,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220072252

Florida Gulf Coast Multiple Listing Service

APN: 29-46-23-T1-0050D.0020

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