NOT LISTED FOR SALE

Loggerhead Cay Condos 979 E Gulf Dr Unit C331 Sanibel, FL 33957

Sanibel Area

Estimated Value: $699,796 - $762,000

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

Sale Details

Date Sold: September 21, 2022

Last sale price $870,000 $735 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $5,599 / mo

17 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Garden View
  • The Sanibel School Rated A-
  • Pool
  • Furnished

About This Home

As of September 2022

Beautiful ground floor walk-out 2 bedroom 2 bathroom unit in the very desirable Loggerhead Cay condo complex, located on the east end of the island for easy access to the causeway. Offered fully furnished, turn-key, the unit is bright and tastefully decorated and includes a screened lanai, full size washer and dryer, hurricane impact protection, assigned parking, heated pool, tennis and pickleball courts, grills and picnic area. Investors take note!! This unit is heavily booked and performs exceptionally well as a vacation rental, grossing over $70,000 in 2022!!

Last Agent to Sell the Property

Rob Pailes

SBL Realty Group, LLC License #3076853 Listed on: 08/01/2022

Co-Listed By

Charles Hartley

SBL Realty Group, LLC License #3335063

Last Buyer's Agent

Eric Pfeifer

Pfeifer Realty Group LLC License #3014853

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,337

Year Built

  • Built in 1975

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $820 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,184 Sq Ft Home
  • Furnished
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Single Hung Wood Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Garden Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Pool

Utilities

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

Listing and Financial Details

  • Tax Lot 331
  • Assessor Parcel Number 30-46-23-T2-0070C.3310

Community Details

Overview

  • Application Fee Required
  • Association fees include cable TV, elevator, exter pest control, exterior main/repair, insurance bldg, inter pest control, 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
  • Recreation Room
  • Elevator

Recreation

  • Community Beach Access

Pet Policy

  • Limit on the number of pets

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,337

Year Built

Built in 1975

Lot Details

0.35 Acres

HOA Fees

$820 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Legal Description: LOGGERHEAD CAY PHSE 2 COND BLDG C OR 1080 PG 1784 UNIT 331
  • Strap Number: 30-46-23-T2-0070C.3310
  • Subject To F I R P T A: No
  • Year Built: 1975
  • Level: 1
  • Pet Limits: 2 pets under 25lbs for owners, 1 for renters
  • Pets: Limits
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 734.8
  • Appliances: Dishwasher, Disposal, Dryer, Internet Ready, Microwave, Range Electric, Refrigerator-Ice maker, 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: 1
  • Flooring: Tile Floor
  • Furnished: Yes
  • Furnishing: Fully Furnished, Inventory Avail., Turn-Key, Window Cov-All
  • Windows: Single Hung

Exterior Features

  • Misc Exterior: Ground Level, Slab
  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Pool: Yes
  • View: Lawn/Garden

Garage/Parking

  • Parking: Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fees Disp: Y - $820/M
  • Association Fee: 820
  • Association Fee Period: Monthly
  • Association Right Of Refusal: Yes
  • Association Management: Alliant Property Management
  • Management Company Phone: 239-454-1101
  • Condo Amenities: Cable, Community Room, Deeded Beach Access, Elevator, Grills, Internet, Picnic Area, Pool, Tennis Court(s)
  • Condo Name: Loggerhead Cay
  • Fees Include: Cable TV, Elevator, Exter Pest Control, Exterior Main/Repair, Insurance Bldg, Inter Pest Control, 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: Yes

Lot Info

  • Geo Update Timestamp: 2022-08-03
  • Geo Address Line: 979 E Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 331

Rental Info

  • Application Required: Yes
  • Rent History: (2021) $58,555, (2022) $70,070 YTD, (2023) $32,735
  • Rent Phone: 239-579-0348
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 6337
  • Tax Year: 2021

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
Aug 1, 2022
Closed on
Sep 21, 2022
Sold by
Tice Barry M and Tice Cheryl C
Bought by
Seller's Agent
Rob Pailes
SBL Realty Group, LLC
Buyer's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
List Price
$899,000
Sold Price
$870,000
Premium/Discount to List
-$29,000
-3.23%
Current Estimated Value
$746,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$123,714
Avg. Annual Appreciation
-4.06%
Original Mortgage
$652,500
Outstanding Balance
$619,129
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$119,570

Purchase Details

Listed on
Oct 22, 2015
Closed on
Sep 30, 2016
Sold by
Lynn Steven E and Lynn Sharom M
Bought by
Tice Barry M and Tice Cheryi C
Seller's Agent
Ron Smiley
VIP Realty Sanibel and Captiva
Buyer's Agent
Joan Tucke
List Price
$515,900
Sold Price
$495,000
Premium/Discount to List
-$20,900
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$345,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2016
Sold by
Lynn Steven E and Lynn Sharon M
Bought by
Lynn Steven E and Lynn Sharon M

Purchase Details

Closed on
Jun 17, 2010
Sold by
Boyle John J
Bought by
Lynn Steven E and Lynn Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.75%
Mortgage Type
New Conventional
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

  • Gregory Demaras Real Estate Agent - Pfeifer Realty Group LLC

    Gregory Demaras

    Pfeifer Realty Group LLC

    (551) 213-6034

    107 Total Sales

    92 in Sanibel

    $325K - $8M Price Range

    Gregory Demaras
     Section Image
  • Tina DiCharia Real Estate Agent - Pfeifer Realty Group LLC

    Tina DiCharia

    Responds Quickly

    Pfeifer Realty Group LLC

    (239) 990-9880

    53 Total Sales

    44 in Sanibel

    $310K - $4.2M Price Range

    Tina DiCharia
     Section Image
  • Dana Foster Real Estate Agent - John R. Wood Properties

    Dana Foster

    John R. Wood Properties

    (239) 946-5663

    16 Total Sales

    15 in Sanibel

    $435K - $950K Price Range

    Dana Foster
     Section Image
  • Ken King Real Estate Agent - Portside Property Group LLC

    Ken King

    Portside Property Group LLC

    (239) 946-4486

    36 Total Sales

    70 in Sanibel

    $300K - $2.9M Price Range

    Ken King
     Section Image
  • Janka Varmuza Real Estate Agent - Royal Shell Real Estate, Inc.

    Janka Varmuza

    Royal Shell Real Estate, Inc.

    (239) 572-9771

    39 Total Sales

    39 in Sanibel

    $420K - $1.7M Price Range

    Janka Varmuza
     Section Image
  • Amy Admire Real Estate Agent - Coldwell Banker Realty

    Amy Admire

    Coldwell Banker Realty

    (239) 291-6203

    76 Total Sales

    1 in Sanibel

    $2,500,000 Price

    Amy Admire
     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
$870,000 Superior Title Services
Tice Barry M $495,000 Barrier Island Title Service
Lynn Steven E -- None Available
Lynn Steven E $350,000 Barrier Island Title Svcs In
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 $652,500
Previous Owner Tice Barry M $345,000
Previous Owner Lynn Steven E $262,500
Previous Owner Boyle John J $250,000
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 Prior Sale
09/21/2022 09/21/22 Sold $870,000 -3.2% $735 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $899,000 +81.6% $759 / Sq Ft
09/30/2016 09/30/16 Sold $495,000 -4.1% $401 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $515,900 -- $418 / 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 $7,708 $550,528 $550,528
2025 $7,708 $545,855 $545,855
2024 $704 $48,494 $48,494
2023 $1,254 $86,100 $0 $86,100
2022 $7,186 $488,996 $0 $0
2021 $6,337 $444,542 $0 $444,542
2020 $6,345 $439,280 $0 $439,280
2019 $6,161 $423,130 $0 $423,130
2018 $6,293 $423,130 $0 $423,130
2017 $6,428 $422,323 $0 $422,323
2016 $5,917 $381,778 $0 $381,778
2015 $6,067 $381,100 $0 $381,100
2014 $5,787 $359,700 $0 $359,700
2013 -- $391,668 $0 $391,668
Source: Public Records

Agents Affiliated with this Home

  • Rob Pailes Real Estate Agent - SBL Realty Group, LLC

    Seller's Agent in 2022

    Rob Pailes

    SBL Realty Group, LLC

    (239) 691-2265

    19 Total Sales

    Rob Pailes
    Section Image

  • CH

    Seller Co-Listing Agent in 2022

    Charles Hartley

    SBL Realty Group, LLC

    (239) 472-0004

    5 Total Sales

    Charles Hartley
    Section Image
  • Eric Pfeifer Real Estate Agent - Pfeifer Realty Group LLC

    Buyer's Agent in 2022

    Eric Pfeifer

    Pfeifer Realty Group LLC

    (239) 472-0004

    735 Total Sales

    Eric Pfeifer
    Section Image

  • RS

    Seller's Agent in 2016

    Ron Smiley

    VIP Realty Sanibel and Captiva

  • JT

    Buyer's Agent in 2016

    Joan Tucke

See All Agents

About Loggerhead Cay Condos

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2220556

Sanibel & Captiva Islands Association of REALTORS®

APN: 30-46-23-T2-0070C.3310

Florida Lee County Sanibel 33957

979 E Gulf Dr Unit C331, 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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