NOT LISTED FOR SALE

Loggerhead Cay Condos 979 E Gulf Dr Unit 162 Sanibel, FL 33957

Estimated Value: $831,000 - $1,131,000

2 Beds
2 Baths
1,184 Sq Ft
$1,100/mo HOA Fee

Last Sold March 12, 2025

Last sale price $880,000 $743 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,531/month

8 Days on Market

Highlights

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

About This Home

As of March 2025

Welcome to Loggerhead Cay, a tropical paradise on Sanibel Island offering direct, breathtaking views of the Gulf of Mexico! This exceptional 2 bedroom & 2 bathroom condo is a rare gem, combining stunning scenery with luxurious amenities and unparalleled convenience. Step into this beautifully maintained unit and be greeted by expansive Gulf views, visible from the living area and private balcony—perfect for savoring sunrises & sunsets or enjoying your morning coffee to the sound of waves. With a fantastic rental history, this property offers both an ideal personal retreat and a lucrative investment opportunity. Loggerhead Cay is renowned for its resort-style amenities, which include a sparkling pool, tennis courts, pickleball courts, shuffleboard, and a grill/barbecue area for entertaining. The complex sits on a pristine, sandy beach known for world-class shelling, making every day feel like a vacation. Additionally, this condo features exterior storage conveniently located right next to the condo, perfect for all your beach gear. Don’t miss the chance to own a slice of paradise with unmatched Gulf-front living. Whether you're seeking a serene getaway or a property with incredible rental potential, 979 Loggerhead Cay has it all. Schedule your private showing today and start living the island dream!

Last Agent to Sell the Property

Janka Varmuza

Royal Shell Real Estate, Inc. License #3358329 Listed on: 01/29/2025

Royal Shell Real Estate, Inc.

Last Buyer's Agent

OTHER OTHER

Other

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,254

Year Built

  • Built in 1974

Lot Details

  • Beach Front
  • Property fronts gulf or ocean

HOA Fees

  • $1,100 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Poured Concrete
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,184 Sq Ft Home
  • Furnished
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch
  • Storage Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Tax Lot 162
  • Assessor Parcel Number 30-46-23-T2-00600.1620

Community Details

Overview

  • Application Fee Required
  • Association fees include elevator, exter pest control, exterior main/repair, insurance bldg, irrigation, landscape/lawn, legal and accounting, manager, parking, pool service, recreation facilities, sewer, trash, water
  • Alliant Property Management Association, Phone Number (239) 454-1101
  • Loggerhead Cay Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Community Beach Access
  • Shuffleboard Court

Pet Policy

  • Limit on the number of pets

Security

  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,254

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,100 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: See Remarks
  • Legal Description: LOGGERHEAD CAY PHSE I COND OR 964 PG 821 UNIT 162
  • Strap Number: 30-46-23-T2-00600.1620
  • Subject To F I R P T A: No
  • Year Built: 1974
  • Pet Limits: Owners may have 2 dog/cat not to exceed 25lbs each
  • Pets: Limits
  • Folio Id: 10128360
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 743.24
  • Appliances: Dishwasher, Disposal, Dryer, Internet Ready, Microwave, Range Electric, Refrigerator, Smoke Detector(s), Washer, Water Heater
  • Estimated Living Sq Ft: 1184
  • 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: Turn-Key
  • Master Bedroom: Balcony
  • Windows: Impact Resistant Windows

Exterior Features

  • Misc Exterior: CBS, Poured Concrete
  • Waterfront: Beach, Gulf
  • Waterfront: Yes
  • Coastal Construction: In Front of 1974
  • Ext Fin Trim: Stucco
  • 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: See Remarks

Condo/Co-op/Association

  • Association Fees Disp: Y - $1100/M
  • Association Fee: 1100
  • Association Fee Period: Monthly
  • Association Right Of Refusal: No
  • Association Management: Alliant Property Management
  • Management Company Phone: 239-454-1101
  • Condo Amenities: Deeded Beach Access, Elevator, Grills, Pickleball, Picnic Area, Pool, Shuffleboard, Tennis Court(s)
  • Condo Name: Loggerhead Cay
  • Fees Include: Elevator, Exter Pest Control, Exterior Main/Repair, Insurance Bldg, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Parking, Pool Service, Recreation Facilities, Sewer, Trash, Water
  • Govern Bodies: Application Fee, Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2025-01-29
  • Geo Address Line: 979 E Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 162

Rental Info

  • Application Required: Yes
  • Rent History: 2024 - $61,687; 2023 - Hurrican Ian, 2022 (Jan-Aug) - $39,608; 2021 - $40,328
  • Rent Phone: 800-237-7526
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 1254
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Mar 12, 2025
Sold by
Lynne D Mclaughlin Trust and Mclaughlin Lynne D
Bought by
Chacon Raul and Chacon Odette Aguila
Seller's Agent
Janka Varmuza
Royal Shell Real Estate, Inc.
Buyer's Agent
OTHER OTHER
Other
List Price
$899,000
Sold Price
$880,000
Premium/Discount to List
-$19,000
-2.11%
Views
2
Current Estimated Value
$844,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,680
Avg. Annual Appreciation
3.90%
Original Mortgage
$525,000
Outstanding Balance
$520,997
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$388,409

Purchase Details

Closed on
Feb 3, 2000
Sold by
Mclaughlin Lynne D and Mclaughlin Lynne Schulz
Bought by
Mclaughlin Lynne D

Purchase Details

Closed on
Jan 13, 1998
Sold by
Rans Dolores L and Schulz Dolores L
Bought by
Leonard Merilee Schulz

Purchase Details

Closed on
Jan 9, 1998
Sold by
Rans Dolores L and Schulz Dolores L
Bought by
Mclaughlin Lynne Schulz and Schulz William

Purchase Details

Closed on
Apr 17, 1997
Sold by
Rans Dolores L and Schulz Dolores L
Bought by
Leonard Merilee Schulz

Purchase Details

Closed on
Jan 9, 1997
Sold by
Rans Dolores L and Schulz Dolores L
Bought by
Schulz William
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Chacon Raul $880,000 New Place Title
Chacon Raul $100 New Place Title
Mclaughlin Lynne D -- --
Leonard Merilee Schulz -- --
Mclaughlin Lynne Schulz -- --
Leonard Merilee Schulz -- --
Mclaughlin Lynne Schulz -- --
Schulz William -- --
Schulz William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chacon Raul $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2025 03/12/25 Sold $880,000 -2.1% $743 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $899,000 -- $759 / Sq Ft
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
2025 $704 $558,676 -- $558,676
2024 $704 $48,494 -- $48,494
2023 $1,254 $86,100 $0 $86,100
2022 $7,534 $512,753 $0 $0
2021 $6,644 $466,139 $0 $466,139
2020 $6,647 $460,275 $0 $460,275
2019 $6,454 $443,318 $0 $443,318
2018 $6,604 $444,125 $0 $444,125
2017 $6,724 $442,510 $0 $442,510
2016 $6,217 $401,177 $0 $401,177
2015 $6,401 $402,100 $0 $402,100
2014 -- $381,700 $0 $381,700
2013 -- $389,171 $0 $389,171
Source: Public Records

Agents Affiliated with this Home

  • Janka Varmuza

    Seller's Agent in 2025

    Janka Varmuza

    Royal Shell Real Estate, Inc.

    (239) 405-9560

    18 in this area

    38 Total Sales

    Janka Varmuza
    Section Image

  • O

    Buyer's Agent in 2025

    OTHER OTHER

    Other

See All Agents

About Loggerhead Cay Condos

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2250177

Sanibel & Captiva Islands Association of REALTORS®

APN: 30-46-23-T2-00600.1620

Florida Lee County Sanibel 33957

979 E Gulf Dr Unit 162, Sanibel, FL

Not Listed for Sale

Condos

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