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For sale
  • $1,450,000

    497 E Gulf Dr Unit 4, Sanibel, FL 33957

    2beds
    1,162sqft
    : 
    $9,723/mo
    Get pre-qualified
    Condominium
    Built in 1984
    -- sqft lot
    $1,335,400 Zestimate®
    $1,248/sqft
    $750/mo HOA

    What's special

    Direct gulf-frontNew appliancesUpscale remodelNew cabinets
    DIRECT GULF-FRONT IN UP & RUNNING CONDO COMPLEX. Saint Croix is fully operational and free of insurance complications, a huge plus for buyers. Move in right away to this remodeled two-floor condo on Sanibel’s east end. The view of the Gulf of Mexico is open, sweeping and magnificent. Saint Croix’s 4-condo complex offers exceptional privacy and these units are rarely available for purchase on the market. The upscale remodel is stunning: Guayacan 8x48 porcelain plank tile throughout the downstairs and in all bathrooms and both lanais; Islandair Ocean Spray Oak wood flooring on the top level; the kitchen features new granite counter tops, new cabinets and new appliances; crown molding and new baseboards installed in all rooms. There are two lanais, one on each floor, facing the Gulf: they each have hurricane-glass sliding windows, new screens and new ceiling fans. Additionally, the owners installed a new counter and sink in the downstairs lanai, and the water heater, heating and AC units are new as of October 2022. The east end is known for the Sanibel Lighthouse, the charming shopping areas and bike paths, and easy access to the Sanibel Causeway.
    267 days
    |
    103
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Johnson 239-910-3099,

    Michael Saunders & Company,

    Arika B Bjorkedal 239-410-1706,

    Michael Saunders & Company

    Source: Sanibel And Captiva Island AOR,MLS#: 2251168MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
      Features
      • Flooring: Tile, Wood
      • Has fireplace: No
      Interior area
      • Total structure area: 1,468
      • Total interior livable area: 1,162 sqft

      Property

      Parking
      • Parking features: Covered
      Features
      • Patio & porch: Screened
      • Pool features: Community
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Gulf
      Details
      • Parcel number: 204623T3032000040

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Condition
      • Const. Complete
      • Year built: 1984

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: See Remarks
      HOA
      • Has HOA: Yes
      • Amenities included: See Remarks
      • Services included: Exter Pest Control, Insurance, Landscape/Lawn
      • HOA fee: $9,000 annually
      • HOA phone: 513-373-1146
      Location
      • Region: Sanibel

      Financial & listing details

      • Price per square foot: $1,248/sqft
      • Tax assessed value: $776,411
      • Annual tax amount: $11,821
      • Date on market: 11/25/2025
      • Cumulative days on market: 860 days
      • Listing terms: BTF/Cash
      • Lease term: Monthly

        Estimated market value

        $1,335,400

        $1.27M - $1.40M

        $2,633/mo

        Price history

        DateEventPrice
        4/23/2026Price change$1,450,000-6.4%$1,248/sqft
        Source: Florida Gulf Coast MLS #2025021457 Report a problem
        11/25/2025Listed for sale$1,549,000+3.3%$1,333/sqft
        Source: Florida Gulf Coast MLS #2025021457 Report a problem
        11/9/2025Listing removed$1,499,000$1,290/sqft
        Source: Florida Gulf Coast MLS #225045524 Report a problem
        5/8/2025Listed for sale$1,499,000$1,290/sqft
        Source: Sanibel And Captiva Island AOR #2250628 Report a problem
        5/1/2025Listing removed$1,499,000$1,290/sqft
        Source: Sanibel And Captiva Island AOR #2240307 Report a problem
        3/19/2025Price change$1,499,000-4.8%$1,290/sqft
        Source: Sanibel And Captiva Island AOR #2240307 Report a problem
        5/15/2024Price change$1,575,000-4.5%$1,355/sqft
        Source: Sanibel And Captiva Island AOR #2240307 Report a problem
        4/24/2024Price change$1,650,000-2.9%$1,420/sqft
        Source: Sanibel And Captiva Island AOR #2240307 Report a problem
        4/9/2024Price change$1,699,000-5.6%$1,462/sqft
        Source: Sanibel And Captiva Island AOR #2240307 Report a problem
        3/22/2024Listed for sale$1,800,000+91.2%$1,549/sqft
        Source: Sanibel And Captiva Island AOR #2240307 Report a problem
        8/29/2018Sold$941,250-5.4%$810/sqft
        Source: Florida Gulf Coast MLS #218017427 Report a problem
        7/4/2018Pending sale$995,000$856/sqft
        Source: John Gee & Company, Inc. #218017427 Report a problem
        3/3/2018Listed for sale$995,000+11.8%$856/sqft
        Source: John Gee & Company, Inc. #218017427 Report a problem
        4/7/2016Sold$890,000-4.8%$766/sqft
        Source: Florida Gulf Coast MLS #216004157 Report a problem
        3/4/2016Pending sale$935,000$805/sqft
        Source: Trae's Way #216004157 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,641 -1.5%$776,411 -1.5%
        2024$11,821 -11.6%$788,614 -11.8%
        2023$13,370 -14.3%$893,953 -19%
        2022$15,602 +6%$1,103,232 +10%
        2021$14,725 +0.1%$1,002,938 +1.2%
        2020$14,717 +6.4%$990,803 +7.3%
        2019$13,837 $923,780 -0.1%
        2018$13,837 -2%$924,588 +3.9%
        2017$14,126 +1.5%$890,000 -4.2%
        2016$13,912 +146.2%$928,834 +2.1%
        2015$5,650 -1.7%$909,300 +20%
        2014$5,746 0%$757,700 +108.4%
        2013$5,747 +0.2%$363,600 +0.3%
        2012$5,733 -22.4%$362,600 -14.1%
        2011$7,387 -28.1%$422,200 -34.3%
        2010$10,274 +30.4%$642,200 +34.3%
        2009$7,879 -22.4%$478,320 -26.2%
        2008$10,148 -5.8%$648,000 -5.4%
        2007$10,777 -13.4%$685,000 -8.7%
        2006$12,445 +2.7%$750,000 +15.4%
        2004$12,116 +84.7%$650,000 +85.7%
        2003$6,560 -2%$350,000
        2002$6,691 $350,000 +16.7%
        2000-- $300,000
        Find assessor info on the county website

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        Climate risks

        Neighborhood: 33957

        Getting around

        9 / 100
        Car-Dependent
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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