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Off market
  • $372,300

    3111 W Gulf Dr #302, Sanibel, FL 33957

    1beds
    800sqft
    Condo
    Built in 1971
    -- sqft lot
    $372,300 Zestimate®
    $465/sqft
    $1,576 Estimated rent

    Home value

    $372,300

    $305,000 - $443,000

    $1,576/mo

    Zestimate® history
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    $2,454/mo

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    What's special

    Historical Charm at the Island Inn. This is your rare opportunity to own a piece of Sanibel History. Located on 550 ft of private beach front grounds of the Island Inn Sanibel's oldest accommodations. This penthouse condo which has been completely remodeled offers views oft he pristine beach found on West Gulf Drive. The Island Inn Resort surroundings allow you to enjoy amenities of Gulf front pleasures with a pool, restaurant, tennis courts, shuffleboard and outside living areas. This residence embodies the best of Sanibel both past and present.This unique 800 sq. ft. 1bedroom 1 bathroom Gulf front condo at the Kimball Lodge offers historical charm and modern day luxury with tremendous rental revenue of almost $60,000 annually!!. For more than a century, vacationers have sought out Sanibel Island Inn as the premier Sanibel Island hotel and resort destination. Today, people come to Sanibel Island Inn to vacation with family, host the perfect wedding, or simply get away Unit does upwards of $58,000 annually. Future rentals booked for 2021 are upwards of $25,000Seller is willing to finance up to $65,000 with acceptable purchase price.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Washer, Common Area, Dryer, Inside
    Features
    • Smoke Detectors, Cable, High Speed Internet, Tray Ceiling(s), Built-In Cabinets, Cable Prewire
    • Flooring: Tile, Carpet, Hardwood
    • Windows: Impact Resistant
    • Furnished: Yes
    Interior area
    • Total interior livable area: 800 sqft

    Property

    Features
    • Patio & porch: Deck, Patio, Glass Enclosed
    • Exterior features: Stucco, Wood, Cement / Concrete
    • Pool features: Community
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: On the Gulf Beach
    Lot
    • Size: 9,931 Square Feet
    • Features: See Remarks
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 344622T1001003020

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Penthouse
    Materials
    • Roof: Tile
    Condition
    • Year built: 1971

    Utilities & green energy

    • Sewer: Central, Assessment Paid
    • Water: Central
    • Utilities for property: Cable Available, Irrigation Water, Lawn/Land Maintenance

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    HOA
    • Amenities included: Pool, Tennis Court(s), See Remarks, Storage, Barbecue, Laundry, Playground, Beach Access, Shuffleboard Court, Internet Access, Restaurant, Trash Chute, Volleyball, Pickleball, Beach - Private, Private Beach Pavilion
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $465/sqft
    • Tax assessed value: $48,492
    • Annual tax amount: $701

    Price history

    DateEventPrice
    5/14/2021Sold$552,750-3.7%$691/sqft
    Source: Florida Gulf Coast MLS #220069033 Report a problem
    3/23/2021Pending sale$574,000$718/sqft
    Source: Sanibel And Captiva Island AOR #2200890 Report a problem
    3/15/2021Listed for sale$574,000$718/sqft
    Source: Sanibel And Captiva Island AOR #2200890 Report a problem
    3/8/2021Pending sale$574,000$718/sqft
    Source: SanCap Gateway Realty #2200890 Report a problem
    10/28/2020Listed for sale$574,000+19.8%$718/sqft
    Source: SanCap Gateway Realty #2200890 Report a problem
    7/22/2010Listing removed$479,000$599/sqft
    Source: NCI #2801363 Report a problem
    8/28/2009Listed for sale$479,000+5.3%$599/sqft
    Source: NCI #2801363 Report a problem
    8/6/2009Sold$455,000-5%$569/sqft
    Source: Public Record Report a problem
    5/3/2009Listed for sale$479,000-18.7%$599/sqft
    Source: NCI #2801363 Report a problem
    3/5/2009Listing removed$589,000$736/sqft
    Source: Listhub #200856630 Report a problem
    10/26/2008Price change$589,000-15.8%$736/sqft
    Source: Listhub #200856630 Report a problem
    8/23/2008Listed for sale$699,900$875/sqft
    Source: Listhub #200838741 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$701 -0.3%$48,492
    2024$704 -29.3%$48,492 -28.8%
    2023$996 -81.9%$68,130 -83.6%
    2022$5,499 +36.8%$414,923 +47.3%
    2021$4,020 -7.7%$281,598 -6.5%
    2020$4,355 +3.1%$301,198 +3.9%
    2019$4,226 $289,893
    2018$4,226 -2.1%$289,893 +1.1%
    2017$4,316 +1.2%$286,663 +14.8%
    2016$4,266 +10.1%$249,692 -3.2%
    2015$3,875 -5.7%$257,900 -24.7%
    2014$4,110 -23.8%$342,700 +14.7%
    2013$5,393 +10%$298,870 -0.1%
    2012$4,902 -23.5%$299,200 -22.4%
    2011$6,408 +4.4%$385,400 +7.1%
    2010$6,138 +3%$359,800 -7.8%
    2009$5,961 +23.8%$390,190 +27.1%
    2008$4,815 +1.9%$307,000 +2.3%
    2007$4,727 +171.7%$300,000 +188.5%
    2006$1,739 -64.2%$104,000 -60%
    2004$4,854 +26.4%$260,000 +26.8%
    2003$3,840 -2%$205,000
    2002$3,920 $205,000 +46.4%
    2000-- $140,000
    Find assessor info on the county website

    Neighborhood: 33957

    Nearby schools

    GreatSchools rating
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    $379,746