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Off market
  • $587,500

    827 E Gulf Dr Unit M2, Sanibel, FL 33957

    2beds
    1,040sqft
    Condo
    Built in 1974
    -- sqft lot
    $587,500 Zestimate®
    $565/sqft
    $2,010 Estimated rent

    Home value

    $587,500

    $529,000 - $652,000

    $2,010/mo

    Zestimate® history
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    $3,870/mo

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    What's special

    Listen to the waves crash against the white sand beaches just steps from the front door of this beautifully updated 2 bedroom Sanibel Arms West unit. Nothing was overlooked in the stunning interior remodel that features an open kitchen with a great layout offering upscale cabinetry, granite counter tops, breakfast bar and recessed lighting. The floors are tiled throughout for ease of use and the bathrooms have also been nicely updated. The unit has a great flow accented by newer furnishings and is also very well appointed. Unit was newly painted October 2019. Feel right at home as you enjoy your tropical vacation or take advantage of the amazing income potential and attractive rental management splits if you decide to rent your unit when you are not enjoying it. This GOLD level unit earned $52,232 in rental income in 2018 and 2019 is currently $54,297! Community features a large pool, great beach frontage, on site rental office, and a convenient east end location. Your tropical dream awaits.

    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
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Washer, Dryer
    Features
    • Other, Cable
    • Flooring: Tile
    • Windows: Sliding
    Interior area
    • Total interior livable area: 1,040 sqft

    Property

    Features
    • Patio & porch: Screened
    • Exterior features: Stucco, Cement / Concrete
    • Pool features: Community
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 7,013 Square Feet
    • Features: See Remarks
    Details
    • Parcel number: 294623T1005M00020

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Two Story
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1974

    Utilities & green energy

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

    Community & HOA

    HOA
    • Amenities included: Clubhouse, Pool, Tennis Court(s), Beach Access, Boat Dock
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $565/sqft
    • Tax assessed value: $502,740
    • Annual tax amount: $907

    Price history

    DateEventPrice
    12/21/2020Sold$525,000-3.8%$505/sqft
    Source: Florida Gulf Coast MLS #219048923 Report a problem
    11/6/2020Pending sale$546,000$525/sqft
    Source: Premier Sotheby's Int'l Realty #219048923 Report a problem
    6/25/2020Price change$546,000-0.5%$525/sqft
    Source: Premier Sotheby's Int'l Realty #219048923 Report a problem
    3/23/2020Listed for sale$548,500$527/sqft
    Source: Premier Sotheby's International Realty #219048923 Report a problem
    3/16/2020Pending sale$548,500$527/sqft
    Source: Premier Sotheby's International Realty #219048923 Report a problem
    1/27/2020Price change$548,500-1.9%$527/sqft
    Source: Premier Sotheby's International Realty #219048923 Report a problem
    7/18/2019Listed for sale$559,000+0.4%$538/sqft
    Source: Premier Sotheby`S Int`L Realty #2190680 Report a problem
    4/27/2016Sold$557,000+48.5%$536/sqft
    Source: Public Record Report a problem
    6/21/2013Sold$375,000-5.3%$361/sqft
    Source: Public Record Report a problem
    1/6/2012Price change$395,900-4.6%$381/sqft
    Source: Premier Sotheby's Intl Realty #201114752 Report a problem
    6/27/2011Listed for sale$415,000$399/sqft
    Source: Gulf to Bay Sotheby's International Realty #201114752 Report a problem
    4/14/2011Listing removed$415,000$399/sqft
    Source: Gulf to Bay Sotheby's International Realty #201114752 Report a problem
    4/8/2011Listed for sale$415,000-12.3%$399/sqft
    Source: Gulf to Bay Sotheby's International Realty #201114752 Report a problem
    7/18/2010Listing removed$473,000$455/sqft
    Source: John R. Wood Island Real Estate #200934650 Report a problem
    2/10/2010Price change$473,000-4.4%$455/sqft
    Source: John R. Wood Island Real Estate #200934650 Report a problem
    12/18/2009Price change$495,000+15.9%$476/sqft
    Source: John R. Wood, Realtors #2900795 Report a problem
    12/7/2009Price change$427,000-13.7%$411/sqft
    Source: John R. Wood Island Real Estate #200934650 Report a problem
    11/7/2009Listed for sale$495,000+10%$476/sqft
    Source: John R. Wood Island Real Estate #200934650 Report a problem
    9/15/2003Sold$450,000+95.7%$433/sqft
    Source: Public Record Report a problem
    7/27/1998Sold$230,000$221/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$907 -0.4%$502,740 +696.7%
    2024$911 -50.5%$63,101 -50.3%
    2023$1,841 -74.2%$126,894 -73.8%
    2022$7,124 +13.4%$484,829 +10%
    2021$6,283 -0.1%$440,754 +1.3%
    2020$6,287 +3%$435,243 +3.9%
    2019$6,102 $419,093 +3.8%
    2018$6,102 -0.9%$403,750 -0.2%
    2017$6,158 $404,558 +8.3%
    2016$6,158 +6.4%$373,416 +7%
    2015$5,788 +4.2%$349,000 +2.9%
    2014$5,557 +1.8%$339,200 +9.6%
    2013$5,457 +4.7%$309,400 -2.8%
    2012$5,215 -14.3%$318,300 -13%
    2011$6,083 -6.4%$365,800 -8.1%
    2010$6,499 +18.5%$398,000 +19.6%
    2009$5,485 -19.9%$332,690 -23.9%
    2008$6,847 -7.4%$437,000 -7%
    2007$7,396 +10.5%$470,000 +16.6%
    2006$6,691 -9.2%$403,000 +2%
    2004$7,365 -0.3%$395,000
    2003$7,385 +11.8%$395,000 +14.2%
    2002$6,604 $346,000 +50.4%
    2000-- $230,000
    Find assessor info on the county website

    Neighborhood: 33957

    Nearby schools

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