NOT LISTED FOR SALE

845 E Gulf Dr Unit 512 Sanibel, FL 33957

Sanibel Island Neighborhood

Estimated Value: $769,000 - $1,314,073

2 Beds
2 Baths
981 Sq Ft
$658/mo HOA Fee

Last Sold September 08, 2021

Last sale price $1,150,000 $1,172 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $6,125/month

4 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Outdoor Pool
  • Sanibel Elementary School Rated A-
  • Boat Dock
  • Gulf View

About This Home

As of September 2021

Rare offering at Sanibel Moorings on convenient east-end. #512 is one of just 8 direct gulf-front 2nd floor units & one of just 4 that enjoy privacy from having no adjoining units. The Gulf of Mexico views are amazing! Steps to beach boardwalk, pool, office, & laundry. Well maintained, renovated, & fully-equipped as a 2nd home. Recent improvements include updated kitchen & baths. It also has two screened balconies, one off the living room, 2nd off the master bedroom. Both with spectacular beach & water views. Sanibel Moorings is a unique 6-acre resort offering owners & guests tropical botanical garden walkways, 2 pools, tennis (pickleball) courts, canal-side boat dockage (accommodating up to 25'), & friendly on-site rental office. COA fiscal year runs 12/1-11/30. Current COA fee is $600/month (including reserve fee). Each month, there also is a fee for Air-Conditioning Maintenance ($7.50) & Cable ($50.08), making actual monthly cost $657.58.

Last Agent to Sell the Property

Susan Andrews

SanibelSusan Realty Associates License #587002 Listed on: 07/19/2021

Last Buyer's Agent

Bill LeJeune

Pfeifer Realty Group LLC License #3479933

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,032

Year Built

  • Built in 1973

Lot Details

  • Beach Front
  • Property fronts gulf or ocean

HOA Fees

Home Design

  • Garden Apartment
  • Frame Construction
  • Piling Construction

Interior Spaces

  • 981 Sq Ft Home
  • Furnished
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch
  • Gulf Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Parking

  • Guest Parking
  • Assigned Parking

Additional Features

  • Stairway
  • Outdoor Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 512
  • Assessor Parcel Number 29-46-23-T1-00400.0512

Community Details

Overview

  • Association fees include exter pest control, exterior main/repair, insurance bldg, landscape/lawn, legal and accounting, manager, parking, pool service, recreation facilities, sewer, trash, water
  • Sanibel Moorings Condominium Association, Inc Association, Phone Number (239) 472-4119
  • Sanibel Moorings Community

Amenities

  • Laundry Facilities

Recreation

  • Boat Dock
  • Community Beach Access
  • Tennis Courts
  • Pickleball Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,032

Year Built

Built in 1973

Lot Details

0

HOA Fees

$658 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Garden Apartment
  • Accessibility: Acc Stairway
  • Legal Description: SANIBEL MOORINGS CONDO DESC OR BK 0772 PG 0451 APT 512
  • Strap Number: 29-46-23-T1-00400.0512
  • Subject To F I R P T A: No
  • Year Built: 1973
  • Level: 2
  • Pet Limits: Small noiseless household pets allowed subject to COA rules.
  • Pets: Allowed
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 1172.27
  • Total Sq Ft: 1022
  • Appliances: Dishwasher, Disposal, Microwave, Range Electric, Refrigerator
  • Estimated Living Sq Ft: 981
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Floor: 2
  • Flooring: Carpet, Tile Floor
  • Furnished: Yes
  • Furnishing: Fully Furnished, Exceptions
  • Primary Bathroom: Dbl Sinks, Shower Only, Tile
  • Master Bedroom: Balcony, Carpet

Exterior Features

  • Misc Exterior: Const. Complete, Frame, Piling Wood
  • Waterfront: Beach, Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Pool: Yes
  • View: Direct Gulf

Garage/Parking

  • Parking: Assigned, Guest

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat
  • Security: None/Not Applicable

Condo/Co-op/Association

  • Association Fees Disp: Y - $600/M
  • Association Fee: 600
  • Association Fee Period: Monthly
  • Association Right Of Refusal: No
  • Association Management: Sanibel Moorings Condominium Association, Inc
  • Management Company Phone: 239-472-4119
  • Condo Amenities: Boat Docks, Cable, Community Laundry, Deeded Beach Access, Pickleball, Pool, Rental Office on Site, Tennis Court(s)
  • Condo Name: Sanibel Moorings
  • Fees Include: Exter Pest Control, Exterior Main/Repair, Insurance Bldg, Landscape/Lawn, Legal and Accounting, Manager, Parking, Pool Service, Recreation Facilities, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $58/M
  • Master Fee: 58
  • Master Fee Period: Monthly
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2021-07-18
  • Geo Address Line: 845 E Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 1
  • Geo Subdivision: FL
  • Geo Zoom Level: 19
  • Lot Number: 512

Rental Info

  • Application Required: Yes
  • Rent History: Rentals must be thru on-site program. Minimum is 4 nights. Owners use as winter retreat/vacations & income, blocking it each summer. Blocked now thru 9/6 & also 1/3-2/26/22 & 5/31-9/5/22, so flexibility if buyer who wants to use some this winter & enjoy income. Rental history/bookings & appliance/HVAC history requested from on-site office. Gross rental income thru 6/30 = $41,031 (their year begins 12/1).
  • Rent Phone: 239-472-4119
  • Rent Type: Other Add Agt Note

Tax Info

  • Tax Amount: 8032
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 7, 2021
Sold by
Arch David C and Arch Suzanne C
Bought by
Weiler Virginia L and Brown Daniel S
Seller's Agent
Susan Andrews
SanibelSusan Realty Associates
Buyer's Agent
Bill LeJeune
Pfeifer Realty Group LLC
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%
Total Days on Market
4
Current Estimated Value
$949,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$200,732
Avg. Annual Appreciation
-5.00%
Original Mortgage
$450,000
Outstanding Balance
$413,903
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$535,365

Purchase Details

Closed on
Jul 15, 2005
Sold by
Wellman Michael J and Wellman Joann
Bought by
Arch David C and Arch Suzanne C

Purchase Details

Closed on
Aug 1, 2003
Sold by
Hunter G Richard and Hunter Ann M
Bought by
Wellman Michael J and Wellman Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.42%

Purchase Details

Closed on
Oct 2, 1997
Sold by
Chaufournier Edna H and Chaufournier Roger
Bought by
Hunter G Richard and Hunter Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.39%
Source: Public Records

Similar Homes in Sanibel, FL

  • 845 E Gulf Dr Unit 1422, Sanibel, FL 33957

    $729,000

    • 2 Beds
    • 2 Baths
    • 981 Sq Ft
    • 845 E Gulf Dr
    • Unit 1422
    • Sanibel, FL

    Welcome to paradise on Sanibel Island's coveted East end! Sanibel Moorings is the first full-service condo/resort to open its doors. Unit 1422 is a fantastic opportunity with rentals already on the books. This newly remodeled condo offers a tropical escape featuring 2 bedrooms and 2 bathrooms, on the serene canal side. The interior is updated with soothing coastal colors. The kitchen is a chef's

    Eric Pfeifer Pfeifer Realty Group LLC

    Section Image
  • 671 E Gulf Dr Unit 1A2, Sanibel, FL 33957

    $849,000

    • 2 Beds
    • 2 Baths
    • 875 Sq Ft
    • 671 E Gulf Dr
    • Unit 1A2
    • Sanibel, FL

    Welcome to Sandalfoot, Unit 1A2 – a stunning second-floor end unit that has been completely renovated to perfection. This beautiful condo features new tile floors, elegant quartz countertops, and stylish blue shaker-style cabinetry in the kitchen along with stainless steel appliances. Enjoy unobstructed Gulf views from both the balcony and the primary bedroom. Fully furnished and ready for

    Eric Pfeifer Pfeifer Realty Group LLC

    Section Image
  • 671 E Gulf Dr Unit 5D2, Sanibel, FL 33957

    $849,000

    • 2 Beds
    • 2 Baths
    • 875 Sq Ft
    • 671 E Gulf Dr
    • Unit 5D2
    • Sanibel, FL

    Welcome to Sandalfoot Unit 5D2, a completely renovated Gulf-front second-floor end unit that offers stunning views and ultimate comfort. This fully furnished 2-bedroom, 2-bathroom condo features impact-resistant windows and doors, tile flooring throughout, and a modern kitchen with stainless steel appliances. Enjoy the spacious screened-in patio, perfect for relaxing while taking in the scenery,

    Eric Pfeifer Pfeifer Realty Group LLC

    Section Image
  • 671 E Gulf Dr Unit 5D3, Sanibel, FL 33957

    $879,000

    • 2 Beds
    • 2 Baths
    • 875 Sq Ft
    • 671 E Gulf Dr
    • Unit 5D3
    • Sanibel, FL

    Welcome to Sandalfoot Unit 5D3, a completely renovated Gulf-front top-floor end unit that offers stunning views and ultimate comfort. This fully furnished 2-bedroom, 2-bathroom condo features impact-resistant windows and doors, tile flooring throughout, and a modern kitchen with stainless steel appliances. Enjoy the spacious screened-in patio, perfect for relaxing while taking in the scenery, and

    Eric Pfeifer Pfeifer Realty Group LLC

    Section Image
  • 979 E Gulf Dr Unit D441, Sanibel, FL 33957

    $879,000

    • 2 Beds
    • 2 Baths
    • 1,235 Sq Ft
    • 979 E Gulf Dr
    • Unit D441
    • Sanibel, FL

    Experience the best of Sanibel Island with this fully remodeled, ground-floor condominium in Loggerhead Cay. Offering direct access to the beach path, courtyard, and pool through a private lanai screen door, this residence is designed for effortless coastal living. Recently updated, the open kitchen features solid wood shaker-style cabinetry, granite countertops with a full-height backsplash,

    Jeff Burns Premier Sotheby's Int'l Realty

    Section Image
  • 979 E Gulf Dr Unit C303, Sanibel, FL 33957

    $899,000

    • 2 Beds
    • 2 Baths
    • 1,184 Sq Ft
    • 979 E Gulf Dr
    • Unit C303
    • Sanibel, FL

    This exquisite third-floor end unit has been completely remodeled and offers the perfect blend of modern luxury and coastal charm. Boasting stainless steel appliances, a spacious breakfast bar, and a seamless open concept floor plan, this condominium is designed for both comfort and style. The beautiful flooring enhances the space, creating a bright and airy atmosphere throughout. Vaulted

    Jeff Burns Premier Sotheby's Int'l Realty

    Section Image
  • 979 E Gulf Dr Unit E583, Sanibel, FL 33957

    $845,000

    • 2 Beds
    • 2 Baths
    • 1,385 Sq Ft
    • 979 E Gulf Dr
    • Unit E583
    • Sanibel, FL

    Welcome to this charming 2-bedroom, 2-bathroom condo at the sought-after Loggerhead Cay complex, directly on the beach on the east end of Sanibel. With its prime location near shops, restaurants, the bike path, and easy access to the bridge, you'll enjoy the best of island living. As you step inside, you’ll immediately appreciate the light, bright atmosphere, enhanced by newly painted walls and

    Eric Pfeifer Pfeifer Realty Group LLC

    Section Image
  • 1501 Middle Gulf Dr Unit 308A, Sanibel, FL 33957

    $849,000

    • 2 Beds
    • 2 Baths
    • 954 Sq Ft
    • 1501 Middle Gulf Dr
    • Unit 308A
    • Sanibel, FL

    Welcome to Sundial West Unit A-308! This third-floor, Gulf-front condo is nestled within the renowned Sundial Beach Resort on picturesque Sanibel Island, offering breathtaking direct views of the Gulf of Mexico. With a strong weekly rental history, this unit has the potential to be a top producer once again. Currently in the "white box" stage, this 2-bedroom, 2-bath condo presents a rare

    Eric Pfeifer Pfeifer Realty Group LLC

    Section Image
  • 200 Periwinkle Way Unit 124, Sanibel, FL 33957

    $999,000

    • 3 Beds
    • 2 Baths
    • 1,818 Sq Ft
    • 200 Periwinkle Way
    • Unit 124
    • Sanibel, FL

    Gorgeous bayfront views are your neighbor from this completely and beautifully renovated Lighthouse Point unit. This 3-bedroom plus den condo offers the ultimate in luxury living, with panoramic bayfront views that create a serene and captivating backdrop. With over 1,800 square feet under air this spacious unit lives like a home. Located on the desirable east end the historic Lighthouse,

    Jeff Burns Premier Sotheby's Int'l Realty

    Section Image
See All Homes in Sanibel

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Weiler Virginia L $1,150,000 Knight Barry Title Sln Inc
Arch David C $970,000 Barrier Island Title Service
Wellman Michael J $750,000 --
Hunter G Richard $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiler Virginia L $450,000
Previous Owner Wellman Michael J $600,000
Previous Owner Hunter G Richard $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $1,150,000 -3.8% $1,172 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $1,195,000 +3.9% $1,218 / Sq Ft
07/18/2021 07/18/21 Off Market $1,150,000 -- --
Source: Sanibel & Captiva Islands Association of REALTORS®

Tax History Compared to Growth

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
2024 $1,672 $57,119 -- $57,119
2023 $1,672 $115,150 $0 $115,150
2022 $13,603 $995,649 $0 $995,649
2021 $8,020 $562,874 $0 $562,874
2020 $8,032 $556,368 $0 $556,368
2019 $7,791 $535,373 $0 $535,373
2018 $7,982 $536,988 $0 $536,988
2017 $8,230 $541,025 $0 $541,025
2016 $7,710 $497,735 $0 $497,735
2015 $7,568 $475,545 $0 $475,545
2014 -- $452,400 $0 $452,400
2013 -- $534,511 $0 $534,511
Source: Public Records

Agents Affiliated with this Home

  • Susan Andrews

    Seller's Agent in 2021

    Susan Andrews

    SanibelSusan Realty Associates

    (239) 565-3128

    51 in this area

    53 Total Sales

    Susan Andrews
    Section Image
  • Bill LeJeune

    Buyer's Agent in 2021

    Bill LeJeune

    Pfeifer Realty Group LLC

    (443) 994-9698

    30 in this area

    39 Total Sales

    Bill LeJeune
    Section Image
See All Agents

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2210572

Sanibel & Captiva Islands Association of REALTORS®

APN: 29-46-23-T1-00400.0512

Florida Lee County Sanibel 33957 Sanibel Island

845 E Gulf Dr Unit 512, Sanibel, FL

This home is located at 845 E Gulf Dr Unit 512, Sanibel, FL 33957 since 19 July 2021 and is currently estimated at $949,268, approximately $967 per square foot. This property was built in 1973. 845 E Gulf Dr Unit 512 is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

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.

Nearby Homes