$749,000

Sanibel Arms West 827 E Gulf Dr Unit L1 Floor 1 Sanibel, FL 33957

Estimated payment $5,726/month

Total Views 3,399
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!

Listing Agent

Rose Dakos

Royal Shell Real Estate, Inc. License #280500032 Listed on: 01/21/2025

Royal Shell Real Estate, Inc.

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
  • Entry on the 1st floor
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,841

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,618 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: SANIBEL ARMS WEST CONDO
  • Directions: From Causeway Rd continue straight on Lindgren Blvd - Make left on East Gulf Drive - Sanibel Arms West is on the right. Check in office is on the left.
  • Architectural Style: Florida, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1974
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Monthly
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Living/Dining Room, Shower Only, Separate Shower, Cable TV, High Speed Internet, Split Bedrooms
  • Living Area: 1040.0
  • Dining Room Type: Screened Porch
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Bay, Gulf, Partial
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Exterior Features: Security/High Impact Doors, Outdoor Shower, Tennis Court(s)
  • Patio And Porch Features: Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Utilities

  • Laundry Features: Common Area, Inside
  • Security: Smoke Detector(s)
  • 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: Condo Hotel Community, Near Hotel/Motel
  • Senior Community: No
  • Amenities: Beach Rights, Basketball Court, Boat Dock, Beach Access, Boat Ramp, Bike Storage, Clubhouse, Laundry, Pool, Storage, Tennis Court(s), Management
  • Phone: 239-472-1138
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium
  • HOA Fee 3: 1618.0

Fee Information

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

Lot Info

  • Parcel #: 29-46-23-T1-005L0.0010

Multi Family

  • Number Of Units In Community: 104

Tax Info

  • Tax Annual Amount: 1840.76
  • Tax Block: 5L0
  • Tax Lot: 1
  • Tax Year: 2023

Map

About Sanibel Arms West

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $911 $419,102 -- $419,102
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 List to Sale Price per Sq Ft
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

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225008077

Florida Gulf Coast Multiple Listing Service

APN: 29-46-23-T1-005L0.0010

Florida Lee County Sanibel 33957

827 E Gulf Dr Unit L1, Sanibel, FL

For Sale

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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Rose Dakos
Listing Agent
Rose Dakos
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Royal Shell Real Estate, Inc.
(239) 851-5188