$675,000
$75K PRICE DROP

Sanibel Arms West 827 E Gulf Dr Unit M4 Floor 1 Sanibel, FL 33957

Estimated payment $5,726/month

Total Views 4,308
2 Beds
2 Baths
1,040 Sq Ft
$649 Price per Sq Ft

Highlights

  • Boat Dock
  • Property fronts gulf or ocean
  • Garden View
  • Sanibel Elementary School Rated A-
  • Outdoor Pool
  • Screened Porch

About This Home

Here is your place to relax and truly enjoy life in this perfectly redone 2 bedroom, 2 bath condo offering incredible rental income and a place to call your vacation home. Totally redone with a brand new kitchen, new baths and new tile throughout. The onsite rental office, pool, tennis and boat dockage round out this wonderful opportunity. Sanibel Arms West is truly a beautiful Gulf Front complex located on the East End of Sanibel near the lighthouse, restaurants and shopping.

Listing Agent

Rose Dakos

Royal Shell Real Estate, Inc. License #314099 Listed on: 01/28/2025

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,368

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $1,618 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,040 Sq Ft Home
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Garden Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Pool
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot M-4
  • Assessor Parcel Number 29-46-23-T1-005M0.0040

Community Details

Overview

  • Association fees include exter pest control, exterior main/repair, insurance bldg, internet, irrigation, landscape/lawn, legal and accounting, manager, pool service, sewer, trash, water
  • $2,000 Other Monthly Fees
  • Sanibel Arms West Association, Phone Number (239) 472-1138
  • Sanibel Arms West Community

Recreation

  • Boat Dock

Pet Policy

  • No Pets Allowed

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,368

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,618 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Legal Description: SANIBEL ARMS WEST CONDO OR 841 PG 619 APT M-4
  • Strap Number: 29-46-23-T1-005M0.0040
  • Subject To F I R P T A: No
  • Year Built: 1974
  • Level: 1
  • Pets: Not Allowed
  • Folio Id: 10127924
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 649.04
  • Appliances: Dishwasher, Internet Ready, Microwave, Range Electric, Refrigerator-Ice maker, Smoke Detector(s), Stack Washer/Dryer, Water Heater
  • Estimated Living Sq Ft: 1040
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Flooring: Tile Floor
  • Furnished: No
  • Furnishing: Unfurnished

Exterior Features

  • Misc Exterior: Const. Complete
  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Pool: Yes
  • View: Lawn/Garden

Garage/Parking

  • Parking: Open

Utilities

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

Condo/Co-op/Association

  • Association Fees Disp: Y - $1618/M
  • Association Fee: 1618
  • Association Fee Period: Monthly
  • Association Right Of Refusal: No
  • Association Management: Sanibel Arms West
  • Management Company Phone: 239-472-1138
  • Condo Amenities: Boat Docks, Community Laundry, Internet, Pool, Tennis Court(s), WiFi
  • Condo Name: Sanibel Arms West
  • Fees Include: Exter Pest Control, Exterior Main/Repair, Insurance Bldg, Internet, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Pool Service, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No
  • Other Fees: 2000
  • Other Fees Period: Monthly

Lot Info

  • Geo Update Timestamp: 2025-01-28
  • Geo Address Line: 827 E Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: M-4

Rental Info

  • Application Required: No
  • Rent History: Solid Rental condo pre Hurricane Ian Expected income $75.000 - $80,000 per year
  • Rent Phone: 239-472-1138
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 7368
  • Tax Year: 2022

Map

About Sanibel Arms West

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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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 $6,078 $392,172 $0 $392,172
2015 $5,784 $363,300 $0 $363,300
2014 $5,706 $354,700 $0 $354,700
2013 -- $323,200 $0 $323,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2025 10/06/25 Price Changed $675,000 -9.9% $649 / Sq Ft
01/28/2025 01/28/25 For Sale $749,500 +76.8% $721 / Sq Ft
10/08/2013 10/08/13 Sold $424,000 -5.8% $438 / Sq Ft View Prior Sale
09/19/2013 09/19/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $450,000 -- $465 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Attorney
Warranty Deed $424,000 Barrier Island Title Service
Warranty Deed $375,000 Barrier Island Title Service
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $281,250 New Conventional
Source: Public Records

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2250164

Sanibel & Captiva Islands Association of REALTORS®

APN: 29-46-23-T1-005M0.0040

Florida Lee County Sanibel 33957

827 E Gulf Dr Unit M4, Sanibel, FL

For Sale

Condos

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