NOT LISTED FOR SALE

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

Sanibel Area

Estimated Value: $770,186

2 Beds
2 Baths
1,184 Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: March 12, 2025

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

Est. 12% decrease in value since last sale

Current estimated payment $6,106 / mo

8 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Gulf View
  • The Sanibel School Rated A-
  • 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

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

Pool

Outdoor Features

  • 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

0.39 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$770,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,814
Avg. Annual Appreciation
-8.40%
Original Mortgage
$525,000
Outstanding Balance
$517,259
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$252,927

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
Mclaughlin Lynne Schulz

Purchase Details

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Sanibel, FL

  • Maxwell Thompson Real Estate Agent - Premier Sotheby's Int'l Realty

    Maxwell Thompson

    Responds Quickly

    Premier Sotheby's Int'l Realty

    (239) 310-4877

    69 Total Sales

    4 in Sanibel

    $759K - $869K Price Range

    Maxwell Thompson
     Section Image
  • David Schuldenfrei Real Estate Agent - Gopher Enterprises of Sanibel & Captiva Islands Corp

    David Schuldenfrei

    Gopher Enterprises of Sanibel & Captiva Islands Corp

    (239) 788-2683

    22 Total Sales

    34 in Sanibel

    $340K - $5.1M Price Range

    David Schuldenfrei
     Section Image
  • Tim Kennedy PA Real Estate Agent - Royal Shell Real Estate, Inc.

    Tim Kennedy PA

    Royal Shell Real Estate, Inc.

    (239) 365-2531

    80 Total Sales

    2 in Sanibel

    $765,000 Price Range

    Tim Kennedy PA
     Section Image
  • Jean Williamson Real Estate Agent - John R. Wood Properties

    Jean Williamson

    John R. Wood Properties

    (239) 291-4275

    43 Total Sales

    5 in Sanibel

    $860K - $1.1M Price Range

    Jean Williamson
     Section Image
  • Kathleen Waite Real Estate Agent - KW Florida Living

    Kathleen Waite

    KW Florida Living

    (845) 653-3607

    39 Total Sales

    5 in Sanibel

    $598K - $2.2M Price Range

    Kathleen Waite
     Section Image
  • Dawn Marie Tecsi-Ramsey Real Estate Agent - Pfeifer Realty Group LLC

    Dawn Marie Tecsi-Ramsey

    Pfeifer Realty Group LLC

    (239) 299-7264

    25 Total Sales

    47 in Sanibel

    $415K - $4.5M Price Range

    Dawn Marie Tecsi-Ramsey
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$100 New Place Title
Chacon Raul $880,000 New Place Title
Mclaughlin Lynne D -- --
Leonard Merilee Schulz -- --
Mclaughlin Lynne Schulz -- --
Schulz William -- --
Mclaughlin Lynne Schulz -- --
Leonard Merilee Schulz -- --
Schulz William -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,889 $548,658 $548,658
2025 $7,889 $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 Real Estate Agent - Royal Shell Real Estate, Inc.

    Seller's Agent in 2025

    Janka Varmuza

    Royal Shell Real Estate, Inc.

    (239) 405-9560

    38 Total Sales

    Janka Varmuza
    Section Image

  • OO

    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

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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