$580,000
SOLD APR 5, 2018

Loggerhead Cay Condos 979 E Gulf Dr Unit 264 Sanibel, FL 33957

2 Beds
2 Baths
1,235 Sq Ft
$661/mo HOA Fee

Recently Sold

$470 Per Sq Ft

3% Below List Price

673 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Outdoor Pool
  • Sanibel Elementary School Rated A-
  • Penthouse
  • Partial Gulf or Ocean Views

About This Home

As of April 2018

Updated top-floor 2 bedroom 2 bath with view of tropical courtyard over pool to glistening gulf. Grossing nearly $60K annually as weekly vacation rental with repeat long-term tenants. Fully equipped with king-sized bed in master suite, queen & twin beds in guest room, plus sleep sofa in living room. White bright newly-remodeled kitchen with cottage-style bead-board cabinetry & granite countertops. Kitchen has room to eat in. Also dining areas in great room & on screened balcony. Hall utility closet holds full-sized washer & dryer plus storage. Private owners closet, plus outside storeroom for bikes, beach chairs, & the like. Assigned parking, plus parking for guests. Community amenities include clubhouse, heated pool, tennis, shuffleboard, & BBQ area.

Last Agent to Sell the Property

Susan Andrews

SanibelSusan Realty Associates License #587002 Listed on: 05/12/2016

Last Buyer's Agent

OTHER OTHER

Other

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,077

Year Built

  • Built in 1974 | Remodeled

HOA Fees

  • $661 Monthly HOA Fees

Property Views

  • Garden

Home Design

  • Penthouse
  • Garden Apartment
  • Stucco

Interior Spaces

  • 1,235 Sq Ft Home
  • Furnished
  • Tray Ceiling
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Picture Window
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Additional Features

  • Outdoor Pool
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 30-46-23-T2-00600.2640

Community Details

Overview

  • Application Fee Required
  • Association fees include cable TV, elevator, exter pest control, exterior main/repair, insurance bldg, legal and accounting, manager, pool service, sewer, trash, water
  • Alliant Property Management Association
  • Loggerhead Cay Community

Amenities

  • Community Barbecue Grill
  • Courtyard
  • Clubhouse
  • Elevator

Recreation

  • Community Beach Access
  • Shuffleboard Court

Pet Policy

  • Limit on the number of pets

Security

  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,077

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$661 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Garden Apartment, Penthouse, Remodeled
  • Legal Description: Loggerhead Cay Phase I Condo OR 964 PG 821 Unit 264.
  • Strap Number: 30-46-23-T2-00600.2640
  • Subject To F I R P T A: No
  • Year Built: 1974
  • Pets: Limits
  • Folio Id: 10128397
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 469.64
  • Total Sq Ft: 1385
  • Appliances: Dishwasher, Dryer, Microwave, Range Electric, Refrigerator, Washer
  • Estimated Living Sq Ft: 1235
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Ceiling: 8 Ft Ceilings, Tray Ceiling
  • Den: No
  • Fireplace: No
  • Floor: 4
  • Flooring: Carpet, Tile Floor
  • Furnished Disp: Yes - Fully Furnished,Window Cov-All
  • Furnished: Yes
  • Furnishing: Fully Furnished, Window Cov-All
  • Primary Bathroom: Shower/Tub Combo, Tile
  • Master Bedroom: Carpet
  • Windows: Impact Resistant Windows, Picture, Sliding

Exterior Features

  • Misc Exterior: Const. Complete
  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Ext Fin Trim: Stucco
  • Pool: Yes
  • View: Lawn/Garden, Part Gulf View

Garage/Parking

  • Parking: Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fees Disp: Yes - $661/Monthly
  • Association Fee: 661
  • Association Fee Period: Monthly
  • Association Management: Alliant Property Management
  • Management Company Phone: 454-1101
  • Condo Amenities: Clubhouse, Courtyard, Deeded Beach Access, Elevator, Grills, Pool, Shuffleboard, Tennis Court(s)
  • Condo Name: Loggerhead Cay
  • Fees Include: Cable TV, Elevator, Exter Pest Control, Exterior Main/Repair, Insurance Bldg, Legal and Accounting, Manager, Pool Service, Sewer, Trash, Water
  • Govern Bodies: Application Fee, Condo Association
  • HOA: Yes
  • Master Association Disp: $0/0

Lot Info

  • Geo Update Timestamp: 2019-07-16
  • Geo Address Line: 979 E Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16

Rental Info

  • Rent History: Outstanding income-producer! Several repeat long-term tenants & extra internet exposure by Seller have resulted in this property grossing more year-after-year. He markets it as "Sanibel's Rainbow". As of 4/4, 2018 bookings = $35,688 & 2019 = $23,339. 2017 bookings = $60,409; 2016 = $58,807; 2015 = $56,410; 2014 = $54,103. Seller is willing to help in transition to new owner to ensure the $ continue.
  • Rent Phone: 239-472-6565
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 7077
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2022
Sold by
Westman and Anita
Bought by
Orjan And Anita Westman Revocable Trust

Purchase Details

Listed on
May 3, 2017
Closed on
Apr 5, 2018
Sold by
Gangl Walter
Bought by
Westman Orjan and Westman Anita
Seller's Agent
Susan Andrews
SanibelSusan Realty Associates
Buyer's Agent
Susanne Perstad
Cape Coral Susan Realty Inc.
List Price
$598,300
Sold Price
$580,000
Premium/Discount to List
-$18,300
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%

Purchase Details

Closed on
Mar 27, 2009
Sold by
Sanibel Sands Llc
Bought by
Gangl Walter

Purchase Details

Closed on
Mar 28, 2005
Sold by
Duffy Thomas J
Bought by
Sanibel Sands Llc

Purchase Details

Closed on
Jul 24, 1997
Sold by
Jansen Ralph L and Jansen Carol
Bought by
Duffy Thomas J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Jones Charles C
Warranty Deed $580,000 Barrier Island Title
Warranty Deed -- Attorney
Warranty Deed $617,000 Fidelity National Title Ins
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Pending -- -- --
02/27/2025 02/27/25 Price Changed $899,000 0.0% $759 / Sq Ft
02/27/2025 02/27/25 For Sale $899,000 -2.8% $759 / Sq Ft
02/14/2025 02/14/25 Price Changed $925,000 -2.5% $781 / Sq Ft
11/14/2024 11/14/24 For Sale $949,000 +63.6% $802 / Sq Ft
04/05/2018 04/05/18 Sold $580,000 0.0% $470 / Sq Ft
04/05/2018 04/05/18 Sold $580,000 -3.1% $470 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
03/06/2018 03/06/18 Pending -- -- --
05/03/2017 05/03/17 For Sale $598,300 0.0% $484 / Sq Ft
05/12/2016 05/12/16 For Sale $598,300 -- $484 / 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
2024 $1,254 $48,494 -- $48,494
2023 $1,254 $86,100 $0 $86,100
2022 $7,913 $538,647 $0 $0
2021 $6,979 $489,679 $0 $489,679
2020 $6,985 $483,693 $0 $483,693
2019 $6,782 $465,928 $0 $465,928
2018 $6,940 $466,735 $0 $466,735
2017 $7,077 $465,120 $0 $465,120
2016 $6,552 $422,844 $0 $422,844
2015 $6,760 $424,700 $0 $424,700
2014 -- $408,400 $0 $408,400
2013 -- $389,171 $0 $389,171
Source: Public Records

Agents Affiliated with this Home

  • Gregory Demaras

    Seller's Agent in 2024

    Gregory Demaras

    Pfeifer Realty Group LLC

    (917) 837-7009

    44 in this area

    100 Total Sales

    Gregory Demaras
    Section Image
  • Eric Pfeifer

    Seller Co-Listing Agent in 2024

    Eric Pfeifer

    Pfeifer Realty Group LLC

    (239) 472-0004

    668 in this area

    960 Total Sales

    Eric Pfeifer
    Section Image
  • Susan Andrews

    Seller's Agent in 2018

    Susan Andrews

    SanibelSusan Realty Associates

    (239) 565-3128

    50 in this area

    52 Total Sales

    Susan Andrews
    Section Image
  • Susanne Perstad

    Buyer's Agent in 2018

    Susanne Perstad

    Cape Coral Susan Realty Inc.

    (239) 699-7578

    42 Total Sales

    Susanne Perstad
    Section Image

  • O

    Buyer's Agent in 2018

    OTHER OTHER

    Other

See All Agents

About Loggerhead Cay Condos

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2160551

Sanibel & Captiva Islands Association of REALTORS®

APN: 30-46-23-T2-00600.2640

Florida Lee County Sanibel 33957

979 E Gulf Dr Unit 264, Sanibel, FL

This home is located at 979 E Gulf Dr Unit 264, Sanibel, FL 33957 and is currently priced at $580,000, approximately $469 per square foot. This property was built in 1974. 979 E Gulf Dr Unit 264 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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