Closed

$1,800,000

541 & 543 Gulf Ln, Captiva, FL 33924

6beds

2,486sqft

Condominium, Duplex, Single Family Residence

Built in 1986

-- sqft lot

$1,763,100 Zestimate^®

$724/sqft

$4,464 Estimated rent

Home value

$1,763,100

$1.48M - $2.10M

$4,464/mo

Zestimate^® history

Owner options

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$4,464/mo

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$4,464/mo

Rent Zestimate^®

Refinance and save

$11,959/mo

Est. payment

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$11,959/mo

Est. payment

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What's special

Location, Location, Location and the best views! This home is the #1 investment property on the island (541 & 543 GULF LANE ARE BEING SOLD TOGETHER). Our little duplex grossed over $250K last year and we are on track to do over $300K THIS YEAR! One half grossed $122K and the other $130K. Year-to-date we have booked every week on both sides. The house just went through a major renovation, all new hardie board siding and paint, brand new faux teak deck with cable railings. This house has so many possibilities, put the duplex together to make one big house, live in one side and rent the other or just keep it as an investment property. Owners manage the rental property themselves and are willing to stay on and either teach you the business or manage the property for you. 543 Gulf Lane = PID NO. 05-45-21-18-00000.0202

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Central, Electric

Cooling

Ceiling Fan(s)

Appliances

Included: Dryer, Dishwasher, Electric Cooktop, Freezer, Microwave, Range, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Wine Cooler, Water Purifier, Washer

Features

Built-in Features, Cathedral Ceiling(s), Family/Dining Room, Living/Dining Room, Pantry, Tub Shower, High Speed Internet
Flooring: Laminate, Tile, Wood
Windows: Impact Glass

Interior area

Total structure area: 2,486
Total interior livable area: 2,486 sqft

Property

Parking

Total spaces: 2
Parking features: Attached Carport
Carport spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Open, Porch
Exterior features: Deck, Security/High Impact Doors
Pool features: Community
Has view: Yes
View description: Gulf
Has water view: Yes
Water view: Gulf
Waterfront features: Beach Front, Gulf, Across the Road Water Frontage

Lot

Size: 0.3 Acres
Dimensions: 79 x 171 x 81 x 164

Details

Parcel number: 0545211800000.0201
Lease amount: $0

Construction

Type & style

Home type: Condo
Architectural style: Two Story,Duplex
Property subtype: Condominium, Duplex, Single Family Residence
Attached to another structure: Yes

Materials

Wood Siding
Foundation: Pillar/Post/Pier, Raised
Roof: Metal

Condition

Resale
Year built: 1986

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Cable Available

Community & HOA

Community

Features: Boat Facilities, Shopping, Street Lights
Security: Smoke Detector(s)
Condo and coop fee: $0
Membership fee: $0
Subdivision: CAPTIVA PALMA UNRECORDED SUBDIVISION

HOA

Has HOA: No
Amenities included: Beach Rights, Basketball Court, Boat Dock, Beach Access, Marina, Boat Ramp, Bike Storage, Clubhouse, Concierge, Barbecue, Picnic Area, Playground, Private Membership, Pool, Restaurant, Boat Slip, Spa/Hot Tub, Tennis Court(s), Trail(s), Vehicle Wash Area
Services included: None

Location

Region: Captiva

Financial & listing details

Price per square foot: $724/sqft
Annual tax amount: $8,839
Date on market: 6/23/2022
Cumulative days on market: 560 days
Ownership: Condo
Contingency: Inspection

Price history

Date	Event	Price
1/4/2024	Sold	$1,800,000-23.4%$724/sqft
Source: Florida Gulf Coast MLS #222048475 Report a problem
3/3/2023	Pending sale	$2,350,000$945/sqft
Source: Florida Gulf Coast MLS #222048475 Report a problem
8/15/2022	Listed for sale	$2,350,000$945/sqft
Source: Florida Gulf Coast MLS #222048475 Report a problem
8/9/2022	Pending sale	$2,350,000$945/sqft
Source: Florida Gulf Coast MLS #222048475 Report a problem
7/28/2022	Price change	$2,350,000-6%$945/sqft
Source: Florida Gulf Coast MLS #222048475 Report a problem
7/7/2022	Price change	$2,499,998+100%$1,006/sqft
Source: Florida Gulf Coast MLS #222048475 Report a problem
6/23/2022	Listed for sale	$1,249,999$503/sqft
Source: Florida Gulf Coast MLS #222048475 Report a problem