NOT LISTED FOR SALE

Estimated Value: $760,753

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

Sale Details

Date Sold: May 21, 2021

Last sale price $670,000 $566 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,617 / mo

207 Days on Market

Highlights

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

About This Home

As of May 2021

Well-appointed and open 2nd floor condo unit is a top grossing Rental in Loggerhead Cay. Located in a building directly on the beach, gross rentals have exceeded $68,000 annually since 2017. 2021 has over $20,000 in rental income on the books.
The master in this 2nd floor unit overlooks the beautiful pool and lush grounds. The lanai and living area have views of the Gulf and the pool. Each bedroom has an adjacent separate bathroom. This popular, turnkey, updated condo has double the average rentals and cash flow of other units, qualifying for extra personal use without losing tax advantages. Hurricane impact windows throughout make the condo safe, quiet and energy efficient, with a preferred insurance rate. Its dual built-in UV air sterilization kills 99.9% of viruses and other pathogens. A complementary portable UV system adds peace of mind. You can’t beat this condo for family enjoyment, safety and income in one of Sanibel’s most popular Gulf-front condominium resorts. Convenient to the heart of Sanibel, with quick mainland access. Enjoy the beach while others sit in traffic.

Last Agent to Sell the Property

Aron Hubers

Portside Property Group License #251577965 Listed on: 09/25/2020

Co-Listed By

Lori Schulz

Pfeifer Realty Group LLC License #288539054

Last Buyer's Agent

Kerri Maw

Pfeifer Realty Group LLC License #280596897

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

  • $6,660

Year Built

  • Built in 1975

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • Northeast Facing Home
  • Sprinkler System

HOA Fees

  • $665 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

Home Design

  • Garden Home
  • Entry on the 2nd floor
  • Flat Roof Shape
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,184 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Courtyard
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 572 / 70E
  • Assessor Parcel Number 30-46-23-T2-0070E.5720

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, irrigation water, legal/accounting, ground maintenance, pest control, trash, water
  • 168 Units
  • Association Phone (239) 454-1101
  • Mid-Rise Community
  • Loggerhead Cay Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Guest Suites
  • Elevator
  • Community Storage Space

Recreation

  • Community Beach Access
  • Shuffleboard Court
  • Trails

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,660

Year Built

Built in 1975

Lot Details

0.39 Acres

HOA Fees

$665 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: FSCG1
  • Co List Office Phone: (239) 395-3936
  • Ownership: Condo
  • Subdivision Name: LOGGERHEAD CAY CONDO
  • Directions: Drive over the Sanibel Causeway go through the first stop sign and continue on to Lindgren which dead ends at East Gulf, make a right and 2nd drive on the left is Loggerhead Cay.
  • Architectural Style: Garden Home, Mid Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Year Built: 1975
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Living/Dining Room, Shower Only, Separate Shower, Cable TV, High Speed Internet, Split Bedrooms
  • Living Area: 1184.0
  • Stories: 4
  • Window Features: Impact Glass
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Irregular Lot, See Remarks, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf, Landscaped, Pool, Partial, Water
  • View: Yes
  • Waterfront Features: Beach Front, Gulf
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Exterior Features: Courtyard, Sprinkler/Irrigation, Outdoor Shower, Tennis Court(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Parking Features: Assigned, One Space

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Elevator, Near Hotel/Motel, Non-Gated, Tennis Court(s)
  • Amenities: Beach Rights, Beach Access, Bike Storage, Clubhouse, Guest Suites, Barbecue, Picnic Area, Pool, Shuffleboard Court, Storage, Tennis Court(s), Trail(s)
  • Association Fee: 665.0
  • Association Fee Frequency: Monthly
  • Phone: 239-454-1101
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Trash, Water

Lot Info

  • Parcel #: 30-46-23-T2-0070E.5720
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 168

Tax Info

  • Tax Annual Amount: 6660.0
  • Tax Block: 70E
  • Tax Lot: 572
  • Tax Year: 2018

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

Closed on
Oct 13, 2021
Sold by
Stephens Greg and Stephens Jessica
Bought by
Current Estimated Value
$760,753

Purchase Details

Listed on
Sep 25, 2020
Closed on
May 19, 2021
Sold by
Gangl Walter
Bought by
Stephens Greg and Stephens Jessica
Seller's Agent
Aron Hubers
Portside Property Group
Buyer's Agent
Kerri Maw
Pfeifer Realty Group LLC
List Price
$719,000
Sold Price
$670,000
Premium/Discount to List
-$49,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$491,250
Outstanding Balance
$433,807
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$326,946

Purchase Details

Closed on
Feb 28, 2005
Sold by
Giffin Kenneth N and Giffin Marjie G
Bought by
Gangl Walter

Purchase Details

Closed on
Sep 11, 1997
Sold by
Conner Lewis P
Bought by
Giffin Kenneth N and Giffin Marjie G
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Accommodation
Stephens Greg $670,000 Superior Ttl Svcs Of Sanibel
Gangl Walter $610,000 Realty Title Services Of San
Giffin Kenneth N $294,000 --
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 $491,250
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
05/21/2021 05/21/21 Sold $670,000 -6.8% $566 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
09/25/2020 09/25/20 For Sale $719,000 -- $607 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $579,131 $579,131
2025 $7,889 $558,676 $558,676
2024 $1,254 $48,494 $48,494
2023 $1,254 $86,100 $0 $86,100
2022 $8,649 $632,646 $0 $632,646
2021 $6,930 $486,273 $0 $486,273
2020 $6,938 $480,463 $0 $480,463
2019 $6,736 $462,698 $0 $462,698
2018 $6,892 $463,505 $0 $463,505
2017 $7,009 $461,890 $0 $461,890
2016 $6,474 $417,778 $0 $417,778
2015 $6,625 $416,200 $0 $416,200
2014 -- $397,100 $0 $397,100
2013 -- $411,247 $0 $411,247
Source: Public Records

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220061322

Florida Gulf Coast Multiple Listing Service

APN: 30-46-23-T2-0070E.5720

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