Sanibel Arms West 827 E Gulf Dr Unit L1 Sanibel, FL 33957
Sanibel Island NeighborhoodEstimated payment $5,975/month
Total Views
1,377
2
Beds
2
Baths
1,040
Sq Ft
$720
Price per Sq Ft
Highlights
- Community Beach Access
- Boat Ramp
- Bay View
- Sanibel Elementary School Rated A-
- Property fronts gulf or ocean
- Clubhouse
About This Home
This stunning Gulf-view condo offers everything you need for a perfect coastal retreat or a solid investment. Featuring 2 beautifully renovated bedrooms and 2 baths, the condo exudes charm and comfort. Step outside and enjoy the gorgeous beach just moments away, or take advantage of the canal for some peaceful boating. The amenities are exceptional with a pool, tennis courts, and the opportunity for impressive rental income. With on-site rental management bringing in over $75,000 per year, the potential for return on investment is fantastic. Plus, Sanibel Arms West is about to open for rentals, offering even more opportunities to capitalize on this prime location. Don’t miss out on this incredible opportunity—whether you’re looking for a vacation home or a lucrative rental property, this condo checks all the boxes!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,841
Year Built
- Built in 1974
Lot Details
- Northeast Facing Home
HOA Fees
- $1,618 Monthly HOA Fees
Property Views
Home Design
- Florida Architecture
- Built-Up Roof
- Stucco
Interior Spaces
- 1,040 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Combination Dining and Living Room
- Screened Porch
- Tile Flooring
Kitchen
- Breakfast Bar
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Outdoor Shower
- Screened Patio
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1 / 5L0
- Assessor Parcel Number 29-46-23-T1-005L0.0010
Community Details
Overview
- Association fees include management, cable TV, insurance, internet, irrigation water, laundry, legal/accounting, ground maintenance, pest control, sewer, trash, water
- 104 Units
- Association Phone (239) 472-1138
- Low-Rise Condominium
- Sanibel Arms West Condo Subdivision
Amenities
- Clubhouse
- Laundry Facilities
- Bike Room
- Community Storage Space
Recreation
- Boat Ramp
- Boat Dock
- Community Beach Access
- Community Basketball Court
Security
- Impact Glass
- High Impact Door
- Fire and Smoke Detector
Map
About Sanibel Arms West
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Home Values in the Area
Average Home Value in this Area
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 | $1,841 | $63,101 | -- | $63,101 |
| 2023 | $1,841 | $126,894 | $0 | $126,894 |
| 2022 | $7,368 | $501,474 | $0 | $0 |
| 2021 | $6,498 | $455,885 | $0 | $455,885 |
| 2020 | $6,508 | $450,585 | $0 | $450,585 |
| 2019 | $6,313 | $433,628 | $0 | $433,628 |
| 2018 | $6,209 | $417,478 | $0 | $417,478 |
| 2017 | $6,403 | $420,708 | $0 | $420,708 |
| 2016 | $6,029 | $392,172 | $0 | $392,172 |
| 2015 | $5,594 | $351,300 | $0 | $351,300 |
| 2014 | $5,531 | $343,800 | $0 | $343,800 |
| 2013 | -- | $312,900 | $0 | $312,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/21/2025 01/21/25 | For Sale | $749,000 | -- | $720 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Attorney | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $2,925,000 | -- | |
| Deed | $260,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $201,850 | New Conventional | |
| Previous Owner | $230,000 | No Value Available |
Source: Public Records
Similar Homes in Sanibel, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225008077
APN: 29-46-23-T1-005L0.0010
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