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Sold for $470,000
  • $470,000

    845 E Gulf Dr #232, Sanibel, FL 33957

    2beds
    983sqft
    Condominium
    Built in 1974
    -- sqft lot
    $469,800 Zestimate®
    $478/sqft
    $1,961 Estimated rent

    Home value

    $469,800

    $418,000 - $526,000

    $1,961/mo

    Zestimate® history
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    What's special

    Extremely Motivated Seller – One of the Best Values on Sanibel Island! Experience the best of island living in this beautifully updated 2-bedroom, 2-bath condo at the highly sought-after Sanibel Moorings. Ideally located on Sanibel’s desirable East End, this light-filled residence offers direct beach access, coastal charm, and an unbeatable combination of lifestyle and investment potential. Inside, the bright and open floor plan is designed for comfort and easy living, with tasteful beach-inspired décor, new furnishings, and abundant natural light throughout. The updated kitchen features granite countertops, stainless steel appliances (2023), ample cabinetry, and a versatile island that doubles as a dining space—perfect for both everyday living and entertaining. Both bathrooms were fully renovated in 2023 with approximately $50,000 in upgrades, showcasing modern finishes and quality craftsmanship that elevate the space with a clean, coastal aesthetic. Step out onto the screened lanai to enjoy gentle Gulf breezes—an ideal setting for morning coffee, relaxing with a book, or unwinding after a day at the beach. Sanibel Moorings offers an exceptional array of amenities, including two heated pools, tennis and pickleball courts, grilling and picnic areas, boat docking, and complimentary use of kayaks, paddleboards, beach chairs, and umbrellas. The community also features a fully staffed, on-site rental office with a highly regarded management team, providing seamless service for both owners and guests. Just steps from Sanibel’s world-renowned beaches—known for their white sand, shelling, and stunning sunsets—you’ll also enjoy easy access to bike paths, local shops and dining, the historic Sanibel Lighthouse, and the causeway for convenient on-and-off island travel. This property represents one of the best-priced beachfront opportunities currently available on Sanibel Island. Whether you’re searching for a personal retreat, seasonal escape, or income-producing investment, this condo delivers exceptional value and lifestyle. Don’t miss your chance to own a piece of paradise—schedule your private showing today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Huguenin 423-903-4684,

    Pfeifer Realty Group LLC

    Bought with:

    Karen Bell, 494524

    Michael Saunders & Company

    Source: Sanibel And Captiva Island AOR,MLS#: 2250371MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Kitchen
    Primary bedroom
    • Features: Carpet
    Primary bathroom
    • Features: Shower Only, Tile
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Water Heater
    Features
    • Eat-in Kitchen, Pantry, 8 Ft Ceilings
    • Flooring: Carpet, Tile
    • Doors: Sliding Doors, Impact Resistant Doors
    • Windows: Impact Resistant Windows, Sliding
    • Has fireplace: No
    Interior area
    • Total structure area: 1,098
    • Total interior livable area: 983 sqft

    Property

    Parking
    • Parking features: Assigned, Guest, Open
    Features
    • Patio & porch: Screened
    • Exterior features: Storage, Shared Dock
    • Pool features: Community
    • Has view: Yes
    • View description: Other
    • Waterfront features: None/Not Applicable, Gulf Access, Gulf, Canal
    Details
    • Parcel number: 294623T1004000232

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Garden Apartment
    • Property subtype: Condominium
    Materials
    • Stucco, CBS
    Condition
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s), None/Not Applicable
    HOA
    • Has HOA: Yes
    • Amenities included: Boat Dock, Clubhouse, Laundry, Fitness Center, Barbecue, Picnic Area, Pool, Rental Office on Site, Storage, Spa/Hot Tub, Tennis Court(s)
    • Services included: Cable TV, Exter Pest Control, Maintenance Structure, Insurance, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Pool Service, Recreation Facilities, Sewer, Trash, Water
    • HOA fee: $1,386 monthly
    • HOA phone: 239-472-4119
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $478/sqft
    • Tax assessed value: $500,679
    • Annual tax amount: $793
    • Date on market: 2/28/2025
    • Cumulative days on market: 452 days
    • Listing terms: BTF/Cash
    • Lease term: 1 WK 7 Day Min Rental,Weekly

    Price history

    DateEventPrice
    6/10/2026Sold$470,000-8.3%$478/sqft
    Source: Sanibel And Captiva Island AOR #2250371 Report a problem
    5/15/2026Pending sale$512,500$521/sqft
    Source: Florida Gulf Coast MLS #225021386 Report a problem
    5/15/2026Contingent$512,500$521/sqft
    Source: Sanibel And Captiva Island AOR #2250371 Report a problem
    4/13/2026Price change$512,500-1.9%$521/sqft
    Source: Sanibel And Captiva Island AOR #2250371 Report a problem
    2/9/2026Price change$522,500-0.5%$532/sqft
    Source: Florida Gulf Coast MLS #225021386 Report a problem
    9/5/2025Price change$525,000-4.5%$534/sqft
    Source: Sanibel And Captiva Island AOR #2250371 Report a problem
    7/8/2025Price change$550,000-18.5%$560/sqft
    Source: Sanibel And Captiva Island AOR #2250371 Report a problem
    6/19/2025Price change$675,000-1.5%$687/sqft
    Source: Sanibel And Captiva Island AOR #2250371 Report a problem
    5/19/2025Price change$685,000-0.6%$697/sqft
    Source: Sanibel And Captiva Island AOR #2250371 Report a problem
    4/14/2025Price change$689,000-3.6%$701/sqft
    Source: Sanibel And Captiva Island AOR #2250371 Report a problem
    4/7/2025Price change$715,000-1.4%$727/sqft
    Source: Sanibel And Captiva Island AOR #2250371 Report a problem
    3/28/2025Price change$725,000-6.9%$738/sqft
    Source: Sanibel And Captiva Island AOR #2250371 Report a problem
    2/28/2025Listed for sale$779,000+97%$792/sqft
    Source: SWFLMLS #225021386 Report a problem
    5/23/2011Sold$395,400-5.3%$402/sqft
    Source: Public Record Report a problem
    2/28/2011Price change$417,500-0.6%$425/sqft
    Source: Pfeifer Realty Group LLC #201108532 Report a problem
    6/28/2010Listed for sale$419,900-5.6%$427/sqft
    Source: VIP Realty Group,Inc #201108532 Report a problem
    1/16/2010Listing removed$445,000$453/sqft
    Source: RE/MAX of The Islands #200934114 Report a problem
    11/7/2009Listed for sale$445,000+9.9%$453/sqft
    Source: RE/MAX of The Islands #200934114 Report a problem
    6/27/2001Sold$405,000+23.1%$412/sqft
    Source: Public Record Report a problem
    10/20/2000Sold$329,000+56.7%$335/sqft
    Source: Public Record Report a problem
    12/12/1996Sold$210,000$214/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,072 +756.2%$500,679 +776.6%
    2024$826 -50.6%$57,119 -50.4%
    2023$1,672 -76.2%$115,150 -75.9%
    2022$7,028 +13.4%$478,255 +10%
    2021$6,198 -0.1%$434,777 +1.2%
    2020$6,205 +3.1%$429,590 +3.9%
    2019$6,020 $413,440 -0.2%
    2018$6,020 -2.3%$414,248 -1%
    2017$6,161 -3.2%$418,285 +6.8%
    2016$6,366 +5.1%$391,813 +2.1%
    2015$6,055 +3.4%$383,775 +3.2%
    2014$5,857 +5.5%$371,700 +26.9%
    2013$5,551 +15.5%$292,877 -0.1%
    2012$4,804 +8.4%$293,200 +10.1%
    2011$4,431 -15.2%$266,300 -13%
    2010$5,226 -9.2%$306,200 -12.3%
    2009$5,756 -6.8%$349,240 -11.4%
    2008$6,175 -4.3%$394,000 -3.9%
    2007$6,454 -18.5%$410,000 -14%
    2006$7,916 +19.6%$477,000 +34.4%
    2004$6,621 +1.2%$355,000 +1.4%
    2003$6,546 +7.1%$350,000 +9.4%
    2002$6,109 $320,000 +53.8%
    2000-- $208,000
    Find assessor info on the county website

    Neighborhood: 33957

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