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  • $1,100,000

    2501 W Gulf Dr Unit 102, Sanibel, FL 33957

    3beds
    1,950sqft
    Condominium
    Built in 1986
    -- sqft lot
    $1,031,600 Zestimate®
    $564/sqft
    $3,984 Estimated rent

    Home value

    $1,031,600

    Estimated sales range

    Not available

    $3,984/mo

    Zestimate® history
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    What's special

    STUNNING BEACHFRONT condo on Sanibel Island is now available, offering the perfect blend of luxury and convenience. EVERYTHING BRAND NEW, including furnishings, new owners can move in immediately. The property is part of the renowned Pine Cove complex, one of the few complexes on the island that allows 7-day rentals. This lucrative feature, combined with the condo's prime location on West Gulf Drive, presents exceptional income potential. CURRENT RENTAL PROJECTIONS indicate an impressive $160K INCOME POTENTIAL, allowing investors to start generating rental income immediately. Professional management is already in place, ensuring a seamless rental process. The condo boasts 3 spacious bedrooms and a large lanai that offers breathtaking views of the Gulf and the pool. The primary suite is particularly impressive, featuring a walk-in shower and double sinks in the primary bathroom. The living room includes a designated area for a wet bar, making it ideal for entertaining guests. This condo is a rare find, offering a beautiful, spacious, and well-located living space on Sanibel Island. Don't miss this opportunity to own a slice of paradise and enjoy the stunning Gulf views and all that this vibrant island has to offer. (Note - Unit is above covered parking and IS NOT a ground floor unit)

    Zillow last checked:

    Listing updated:

    Listed by:

    Ross Winchel 239-898-1214,

    Royal Shell Real Estate, Inc.

    Bought with:

    Evan duPont, 280596826

    Berkshire Hathaway Florida

    Source: Florida Gulf Coast MLS,MLS#: 225003434MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bathroom, Guest Quarters, Screened Porch, Great Room
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Freezer, Disposal, Microwave, Refrigerator, Washer
    • Laundry: Washer Hookup, Dryer Hookup, Inside
    Features
    • Breakfast Bar, Built-in Features, Bathtub, Dual Sinks, Entrance Foyer, Living/Dining Room, Sitting Area in Primary, Separate Shower, Cable TV, Bar, Walk-In Closet(s), Bathroom, Guest Quarters, Screened Porch, Great Room
    • Flooring: Tile
    • Windows: Impact Glass
    • Furnished: Yes
    Interior area
    • Total structure area: 2,130
    • Total interior livable area: 1,950 sqft

    Property

    Parking
    • Parking features: Assigned, Covered, Underground, One Space
    Features
    • Patio & porch: Lanai, Porch, Screened
    • Exterior features: Security/High Impact Doors, None
    • Pool features: Community
    • Has view: Yes
    • View description: Gulf, Pool, Water
    • Has water view: Yes
    • Water view: Gulf,Water
    • Waterfront features: Beach Front
    Lot
    • Size: 7,531 Square Feet
    • Features: Zero Lot Line
    Details
    • Parcel number: 354622T100700.1020
    • Lease amount: $0

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: None,Low Rise
    • Property subtype: Condominium
    Materials
    • Block, Concrete, Stucco
    • Foundation: Pillar/Post/Pier, Raised
    • Roof: Built-Up,Flat
    Condition
    • Resale
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Elevator, Non-Gated
    • Security: Smoke Detector(s)
    • Condo and coop fee: $14,500 quarterly
    • Membership fee: $0
    • Subdivision: PINE COVE OF SANIBEL
    HOA
    • Has HOA: No
    • Amenities included: Beach Rights, Beach Access, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Management
    • Services included: Association Management, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Trash, Water
    • HOA phone: 239-472-5020
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $564/sqft
    • Tax assessed value: $342,157
    • Annual tax amount: $4,950
    • Date on market: 1/10/2025
    • Cumulative days on market: 482 days
    • Listing terms: All Financing Considered,Cash
    • Ownership: Condo
    • Contingency: Inspection

    Price history

    DateEventPrice
    1/31/2025Sold$1,100,000-7.9%$564/sqft
    Source: Florida Gulf Coast MLS #225003434 Report a problem
    1/13/2025Pending sale$1,195,000$613/sqft
    Source: SWFLMLS #225003434 Report a problem
    1/10/2025Listed for sale$1,195,000-11.4%$613/sqft
    Source: SWFLMLS #225003434 Report a problem
    11/22/2024Listing removed$1,349,500-14.3%$692/sqft
    Source: SWFLMLS #223069716 Report a problem
    10/31/2024Price change$1,575,000+16.7%$808/sqft
    Source: SWFLMLS #223069716 Report a problem
    8/16/2024Price change$1,349,500-3.4%$692/sqft
    Source: SWFLMLS #223069716 Report a problem
    6/24/2024Price change$1,397,500+0.2%$717/sqft
    Source: SWFLMLS #223069716 Report a problem
    6/6/2024Price change$1,395,000-5.4%$715/sqft
    Source: SWFLMLS #223069716 Report a problem
    4/11/2024Price change$1,475,000-6.3%$756/sqft
    Source: SWFLMLS #223069716 Report a problem
    9/29/2023Listed for sale$1,575,000+37%$808/sqft
    Source: Florida Gulf Coast MLS #223069716 Report a problem
    4/30/2018Sold$1,150,000-8%$590/sqft
    Source: Florida Gulf Coast MLS #217028833 Report a problem
    2/13/2018Pending sale$1,250,000$641/sqft
    Source: Royal Shell Real Estate Inc #217028833 Report a problem
    1/1/2018Price change$1,250,000-3.8%$641/sqft
    Source: Royal Shell Real Estate Inc #217028833 Report a problem
    6/28/2017Price change$1,299,000-1.2%$666/sqft
    Source: Royal Shell Real Estate Inc #217028833 Report a problem
    5/30/2017Price change$1,315,000-2.4%$674/sqft
    Source: Royal Shell Real Estate Inc #217028833 Report a problem
    3/30/2017Price change$1,347,000-3.6%$691/sqft
    Source: Royal Shell Real Estate Inc #216030390 Report a problem
    2/28/2017Price change$1,397,000-5.5%$716/sqft
    Source: Royal Shell Real Estate Inc #216030390 Report a problem
    5/20/2016Price change$1,479,000-1.1%$758/sqft
    Source: Royal Shell Real Estate Inc #216030390 Report a problem
    5/2/2016Listed for sale$1,495,000$767/sqft
    Source: Royal Shell Real Estate Inc #216030390 Report a problem
    4/1/2016Listing removed$1,495,000$767/sqft
    Source: Owner Report a problem
    3/31/2016Listed for sale$1,495,000+92.9%$767/sqft
    Source: Owner Report a problem
    6/26/2012Sold$775,000-11.8%$397/sqft
    Source: Public Record Report a problem
    1/15/2012Listed for sale$879,000-16.3%$451/sqft
    Source: VIP Realty Group,Inc #201202095 Report a problem
    5/26/2004Sold$1,050,000+10.5%$538/sqft
    Source: Public Record Report a problem
    5/15/2001Sold$950,000+103.2%$487/sqft
    Source: Public Record Report a problem
    3/25/1996Sold$467,500$240/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,839 -0.4%$342,157
    2024$4,859 -33.2%$342,157 -32.2%
    2023$7,270 -54.1%$504,649 -53.2%
    2022$15,842 +13.4%$1,079,055 +10%
    2021$13,965 -0.1%$980,959 +1.2%
    2020$13,976 +3.1%$969,000 +3.9%
    2019$13,561 $932,663 -0.1%
    2018$13,561 -2.2%$933,470 +0.2%
    2017$13,864 -0.6%$931,855 +7.1%
    2016$13,942 +6.7%$869,706 +14.9%
    2015$13,067 +9.2%$756,900 +11.2%
    2014$11,966 +9.4%$680,500 +8.6%
    2013$10,941 +5.7%$626,800 -12.8%
    2012$10,348 +22.9%$718,500 +41.8%
    2011$8,421 -27.1%$506,700 -25.3%
    2010$11,552 -13.6%$678,100 -16.5%
    2009$13,363 -5.3%$812,140 -10%
    2008$14,115 +0.9%$902,000 +1.3%
    2007$13,990 -10.2%$890,000 -5.3%
    2006$15,584 +4.6%$940,000 +17.5%
    2004$14,899 +59.5%$800,000 +60%
    2003$9,344 -2%$500,000
    2002$9,535 $500,000 +19%
    2000-- $420,000
    Find assessor info on the county website

    Neighborhood: 33957

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