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Off market
  • $568,300

    827 E Gulf Dr Unit K5, Sanibel, FL 33957

    2beds
    1,040sqft
    Condo
    Built in 1974
    -- sqft lot
    $568,300 Zestimate®
    $546/sqft
    $2,010 Estimated rent

    Home value

    $568,300

    $506,000 - $636,000

    $2,010/mo

    Zestimate® history
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    $4,266/mo

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    What's special

    High rentals and gulf views from this top floor, corner location in sought after "K" building! Generous water views from living room and porch. Just steps to the beautiful sandy beach in front of Sanibel Arms West. The 104 unit complex has a professional on-site rental program, 6 acres and 500' beach frontage. The resort offers pool, tennis, pickel ball, fitness center, bike rentals, canal for docking your boat while in house and storage. The 13 buildings are surrounded by tropical gardens and walking paths. Rental income is very impressive. (we think the best on island). Low 10.5% commission per rental. Complex keeps improving! This nicely appointed and furnished condo shows pride of ownership. "K" building units rarely on the market. Hurry on this one! Cash flow available upon request.

    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: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Smoke Detectors
    • Flooring: Tile, Carpet
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,040 sqft

    Property

    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 7,013 Square Feet
    Details
    • Parcel number: 294623T1005K00050

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1974

    Utilities & green energy

    • Sewer: Central

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $520 monthly
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $546/sqft
    • Tax assessed value: $434,517
    • Annual tax amount: $907

    Price history

    DateEventPrice
    4/17/2019Sold$550,000-5%$529/sqft
    Source: Florida Gulf Coast MLS #219007839 Report a problem
    3/27/2019Pending sale$579,000$557/sqft
    Source: VIP Realty Group,Inc #219007839 Report a problem
    1/24/2019Listed for sale$579,000+36.2%$557/sqft
    Source: VIP Realty Group,Inc #219007839 Report a problem
    2/24/2006Sold$425,000$409/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$907 -0.4%$434,517 +588.6%
    2024$911 -50.5%$63,101 -50.3%
    2023$1,841 -75%$126,894 -74.7%
    2022$7,368 +13.4%$501,474 +10%
    2021$6,498 -0.1%$455,885 +1.2%
    2020$6,508 +3.1%$450,585 +3.9%
    2019$6,313 $433,628 +3.9%
    2018$6,313 +1.7%$417,478 -0.8%
    2017$6,209 -3%$420,708 +7.3%
    2016$6,403 +6.2%$392,172 +11.6%
    2015$6,029 +7.8%$351,300 +2.2%
    2014$5,594 +1.1%$343,800 +9.9%
    2013$5,531 +9.2%$312,900 +1.2%
    2012$5,064 -18.9%$309,100 -17.7%
    2011$6,242 -9.4%$375,400 -7.1%
    2010$6,891 -3.9%$404,100 -7.2%
    2009$7,174 -6.1%$435,500 -10.8%
    2008$7,644 +10.4%$488,000 +10.9%
    2007$6,925 -11.8%$440,000 -7%
    2006$7,850 +6.6%$473,000 +19.7%
    2004$7,365 +12.5%$395,000 +12.9%
    2003$6,546 -2%$350,000
    2002$6,680 $350,000 +23.7%
    2000-- $283,000
    Find assessor info on the county website

    Neighborhood: 33957

    Nearby schools

    GreatSchools rating
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    $568,300
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    With Zillow Showcase(estimated)
    $579,666