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487 E Gulf Drive Sanibel, FL $ 1,950,000
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$ 1,950,000 Get more info
487 E Gulf Drive
$ 1,950,000
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Share Save

487 E Gulf Drive

Sanibel, FL, 33957
$ 1,950,000
Bedrooms3 Baths3.1 Sq 2,288

Monthly Estimate*

$ 12,960

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Condo for sale in Sanibel, FL

for $1,950,000 with 3 bedrooms and 3 full baths, 1 half bath. This 2,288 square foot condo was built in 1982 on a lot size of 0.08.

RARE opportunity to own an exclusive Sanibel home that maintains a unique year-round private residential family setting by not allowing rentals. Located on the coveted EAST END allowing ease of getting on/off island, this property has 250’ of GULF FRONTAGE & SPECTACULAR VIEWS! With 2,288’, this 3BR/3.5 BA corner, townhouse, lives like a single family house. A private elevator opens into the great rm w/stone floor, soaring beamed ceiling & stunning 2-story coral wall /fireplace. Two-story, floor to ceiling windows allow natural light to flood in. Custom wood cabinetry, high-end appliances are features of the KIT. A generous primary BR suite has a seating area, deck access, WIC w/organizers & in-suite BA w/dual sinks, jetted tub, separate WIS & laundry chute. Both guest BRs have an attached BA. A ½ BA is located on the main level. Overlooking the great rm, a loft showcases sparkling Gulf water views. Under the house is a 2 + garage with new garage door & extra storage as well as expansive wood deck.

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Condo Active

Price

$ 1,950,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Condo

Taxes

$ 17,071

Style

Multi-Level,Two Story,Duplex,Low Rise

Lot Size

0.08

Year Built

1982

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

222067191
Features
General
Interior Features Breakfast Bar Built-in Features Bathtub Closet Cabinetry Cathedral Ceiling(s) Dual Sinks Entrance Foyer Fireplace Jetted Tub Living/Dining Room Pantry Separate Shower Cable TV Upper Level Primary Wal
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available High Speed Internet Available Underground Utilities
Possession Close Of Escrow
Roof Built-Up Flat Rolled/Hot Mop
Appliances Built-In Oven Dryer Dishwasher Freezer Gas Cooktop Disposal Ice Maker Microwave Refrigerator Self Cleaning Oven Washer
Condo Fee 0.00 0
Exterior Features Deck Storage Shutters Electric
HOA 0
Garage Spaces 2
Association Fee Includes Association Management Insurance Maintenance Grounds Pest Control
Patio/Porch Features Deck Open Porch
Architectural Style Multi-Level Two Story Duplex Low Rise
Pool Features Community
Construction Materials Block Concrete Stucco Wood Frame
Pets Allowed Yes
Year Built 1982
View Gulf
Stories 2
Levels Two
Property SubType Condominium
Tax Year 2021
Percent Ownership Condo
Waterfront Features Beach Front Gulf
Community Features Non-Gated
County Lee
Property Type Residential
Association Amenities Beach Rights Beach Access Bike Storage Pool Storage
HOA / Comm Assn 1
Attached Garage 1
Subdivision Name TIGUA CAY CONDO
Facing Direction Northwest
Garage Y/N 1
Total Rooms 0
Status Active
Directions Summerlin Rd west toward Sanibel; take causeway; at 4-way stop on Sanibel proceed straight on Lindgren; At the intersection with E. Gulf turn left; Proceed on E. Gulf; 'Tigua Cay will be on the right
City SANIBEL
Disclosures Deed Restriction
Land Lease Amount 0
View Y/N 1
MLS Area SI01 - Sanibel Island
Waterfront Y/N 1
Carport Spaces 0
Carport Y/N 0
Street Name Gulf
Tax Annual Amount 17071
Property Condition Resale
Virtual Tour https://tours.3d-vue-pros.com/idx/142980
Days on Market 625
Structure Type Low Rise Duplex
Standard Status Active
Tax Lot 487
Property Sub Type Additional Condominium Duplex
Legal Description TIGUA CAY CONDO OR 1649 PG 2645 UNIT 487
Adult Family Homes Condominium
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Interior
Flooring Carpet
Furnished Y/N Furnished
Total Stories 3
Air Conditioning Y/N 1
Heating Y/N 1
Window Features Single Hung Sliding Window Coverings
Fireplace Y/N 1
Full Baths 3
Half Baths 1
Street Suffix Drive
Laundry Features Inside
Total Bedrooms 3
Entry Level 2
Room Type Bathroom Guest Quarters Loft Great Room
Total Baths 4
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Exterior
Parking Features Attached Covered Garage Two Spaces Garage Door Opener
Lot Features Other
Water Source Public
Lot Size Area 0.08
Spa 0
Boat Access None
Building Area Total 2288
Lot Size Acres 0.08
Road Surface Type Paved
Lot Size Units Acres
Lot Size Source Appraiser
Covered Spaces 2
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Ted Benjamin

Listing Agent

Vip Realty Group,Inc

Broker

tbenjamin@viprealtysales.com

Email

Affordability Calculator

$14,383
Per Month
90%
10%
0%
Monthly Principal & Interest
$12,960
Monthly Property Taxes
$1,423
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/21/2024$1,950,000 -7.14% Price Down
4/1/2024$2,100,000 -6.63% Price Down
3/17/2023$2,249,000 -18.22% Price Down
1/24/2023$2,750,000 -12.67% Price Down
11/14/2022$3,149,000 -7.38% Price Down
9/7/2022$3,400,000 Listed Price

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487 E Gulf Drive, Sanibel, FL, 33957 is a Condo for sale at $1,950,000 with 2,288 sqft and a lot size of 0.08. 487 E Gulf Drive has 3 bedrooms, 3.1 baths, and was built in 1982. The property's zip code is 33957 which is in Sanibel, FL

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