Sold for $1,125,000

$1,125,000

845 E Gulf Dr #721, Sanibel, FL 33957

3beds

1,300sqft

Condominium

Built in 1973

-- sqft lot

$1,021,200 Zestimate^®

$865/sqft

$2,771 Estimated rent

Home value

$1,021,200

$929,000 - $1.12M

$2,771/mo

Zestimate^® history

Owner options

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$2,771/mo

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$2,771/mo

Rent Zestimate^®

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$8,266/mo

Est. payment

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$8,266/mo

Est. payment

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What's special

Only a few steps to a beautiful beach. Don’t miss this rare opportunity for a 3 bedroom, 2 bath condo on the beach at the popular Sanibel Moorings resort. The Sanibel Moorings sits on six acres with many great resort amenities. The unit is currently under renovation and is scheduled to be done in the fall of 2024. This property offers a great opportunity for rental income. The three bedroom units at the Moorings have been extremely popular rentals and on-site management makes it easy. Guests at the Moorings can relax in the heated pools, play pickle ball or tennis, or just walk through the gardens. Other amenities include kayaks and canoes, gift shop, fishing and of course our wonderful beach. There are also docks available on the canal side. In addition to owning in a beach resort property, this is a great investment.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: DR/LR Combo

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: See Remarks

Features

Breakfast Bar, 8 Ft Ceilings
Flooring: See Remarks
Has fireplace: No

Interior area

Total structure area: 1,450
Total interior livable area: 1,300 sqft

Property

Parking

Parking features: Assigned, Guest

Features

Entry location: Ground Level
Patio & porch: Screened
Exterior features: Storage
Pool features: Community
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Gulf

Details

Parcel number: 294623T1004000721

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Frame, Ground Level
Foundation: Piling Wood

Condition

Under Construction
New construction: Yes
Year built: 1973

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: None/Not Applicable

HOA

Has HOA: Yes
Amenities included: Barbecue, Pickleball, Tennis Court(s), See Remarks
Services included: Cable TV, Exter Pest Control, Maintenance Structure, Insurance, Internet, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Pool Service, Trash, Water
HOA fee: $941 monthly
HOA phone: 239-472-4119

Location

Region: Sanibel

Financial & listing details

Price per square foot: $865/sqft
Tax assessed value: $844,768
Annual tax amount: $10,605
Date on market: 1/26/2024
Cumulative days on market: 109 days
Listing terms: BTF/Cash
Lease term: 1 WK 7 Day Min Rental,Weekly

Price history

Date	Event	Price
5/29/2024	Sold	$1,125,000-13.5%$865/sqft
Source: Sanibel And Captiva Island AOR #2240103 Report a problem
4/14/2024	Pending sale	$1,300,000$1,000/sqft
Source: Sanibel And Captiva Island AOR #2240103 Report a problem
2/20/2024	Price change	$1,300,000-3.7%$1,000/sqft
Source: Sanibel And Captiva Island AOR #2240103 Report a problem
1/26/2024	Listed for sale	$1,350,000+50%$1,038/sqft
Source: Sanibel And Captiva Island AOR #2240103 Report a problem
6/30/2008	Sold	$900,000+150%$692/sqft
Source: Public Record Report a problem
11/30/1993	Sold	$360,000$277/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,920 +1343.1%	$844,768 +1379%
2024	$826 -50.6%	$57,119 -50.4%
2023	$1,672 -84.2%	$115,150 -81.4%
2022	$10,558 +31.6%	$619,161 +10%
2021	$8,020 -0.1%	$562,874 +1.2%
2020	$8,032 +3.1%	$556,368 +3.9%
2019	$7,791	$535,373 -0.3%
2018	$7,791 -2.4%	$536,988 -0.7%
2017	$7,982 -3%	$541,025 +8.7%
2016	$8,230 +6.7%	$497,735 +4.7%
2015	$7,710 +1.9%	$475,545 +5.1%
2014	$7,568 +4%	$452,400 -15.4%
2013	$7,276 -2.1%	$534,511 -0.1%
2012	$7,435 +28.1%	$535,100 +53.3%
2011	$5,806 -25.3%	$349,100 -23.4%
2010	$7,770 -7.6%	$455,800 -10.7%
2009	$8,407 -7.6%	$510,550 -12.1%
2008	$9,098 -6.4%	$581,000 -6%
2007	$9,720 -6.7%	$618,000 -1.6%
2006	$10,417 -7.6%	$628,000 +3.8%
2004	$11,272 +0.6%	$605,000 +0.8%
2003	$11,210 +52.6%	$600,000 +55.8%
2002	$7,346	$385,000 +14.9%
2000	--	$335,000