NOT LISTED FOR SALE

845 E Gulf Dr Unit 512 Sanibel, FL 33957

Estimated Value: $638,000 - $923,584

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. 27% decrease in value since last sale

Current estimated payment $5,363/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%
Current Estimated Value
$838,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$311,884
Avg. Annual Appreciation
-5.35%
Original Mortgage
$450,000
Outstanding Balance
$413,903
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$512,226

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

Range of Values:

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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
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

    50 in this area

    52 Total Sales

    Section Image
  • Bill LeJeune

    Buyer's Agent in 2021

    Bill LeJeune

    Pfeifer Realty Group LLC

    (443) 994-9698

    30 in this area

    41 Total Sales

    Section Image
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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

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 $766,646, approximately $781 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.

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