Skip main navigation
Off market
  • $929,400

    979 E Gulf Dr #E514, Sanibel, FL 33957

    2beds
    1,235sqft
    Condo
    Built in 1975
    -- sqft lot
    $929,400 Zestimate®
    $753/sqft
    $2,392 Estimated rent

    Home value

    $929,400

    $762,000 - $1.14M

    $2,392/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,392/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,392/mo

    Rent Zestimate®

    Refinance and save

    $6,183/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $6,183/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    This is a very rare to the market direct Gulf front penthouse corner unit in Sanibel's popular Loggerhead Cay. Enjoy unprecedented 180 degree views of the Gulf of Mexico and miles of white sand beaches from almost every room of this stunning unit. Gulf front units in Loggerhead Cay enjoy a slightly different design and also offer a sliding glass door and second balcony off of the dining area which adds to the open feel & stunning views from inside the unit. The updated kitchen has been redesigned completely & offers an open inviting feel that flows perfectly into the dining and living areas. The spacious master bedroom highlights the breathtaking views & the large screened lanai is the ideal location for a dinner with a view. This unit also produces astounding rental income through vacation rentals and grossed just under $100K in 2019. If you are looking for views fit for a magazine, the ability to earn amazing income, or just your Sanibel dream vacation, this is it.

    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, Microwave, Refrigerator, Washer
    • Laundry: Washer, Dryer, Inside
    Features
    • Other
    • Flooring: Tile, Carpet
    • Windows: Sliding, Picture, Single Hung
    Interior area
    • Total interior livable area: 1,235 sqft

    Property

    Features
    • Patio & porch: Patio, Screened, Open Porch/Lanai
    • Exterior features: Stucco, Cement / Concrete
    • Pool features: Community
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Gulf Frontage
    Lot
    • Size: 0.39 Acres
    • Features: See Remarks
    Details
    • Parcel number: 304623T20070E5140

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1975

    Utilities & green energy

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

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Pool, Tennis Court(s), See Remarks, Beach Access, Shuffleboard Court
    • HOA fee: $57 monthly
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $753/sqft
    • Tax assessed value: $48,494
    • Annual tax amount: $702

    Price history

    DateEventPrice
    8/14/2020Sold$965,000-3%$781/sqft
    Source: Florida Gulf Coast MLS #220005161 Report a problem
    7/1/2020Pending sale$995,000$806/sqft
    Source: Premier Sotheby's Int'l Realty #220005161 Report a problem
    3/6/2020Price change$995,000-4.8%$806/sqft
    Source: Premier Sotheby's International Realty #220005161 Report a problem
    1/17/2020Listed for sale$1,045,000+26.7%$846/sqft
    Source: Premier Sotheby's International Realty #220005161 Report a problem
    7/6/2015Sold$825,000+103.7%$668/sqft
    Source: Public Record Report a problem
    1/12/1996Sold$405,000$328/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$702 -0.3%$48,494
    2024$704 -43.9%$48,494 -43.7%
    2023$1,254 -90.4%$86,100 -90.3%
    2022$13,086 +13.4%$891,480 +10%
    2021$11,540 -0.1%$810,436 +1.2%
    2020$11,557 +3%$801,040 +3.9%
    2019$11,215 $771,163 -0.1%
    2018$11,215 -2.2%$771,970 +0.4%
    2017$11,468 -1.3%$768,740 +11.1%
    2016$11,620 +8.5%$691,642 +0.9%
    2015$10,707 -0.1%$685,600 +2.7%
    2014$10,714 +5.3%$667,600 +13%
    2013$10,176 +14.8%$590,649 -0.1%
    2012$8,866 +17.7%$591,300 +30.5%
    2011$7,532 -14.1%$453,100 -11.9%
    2010$8,764 -3%$514,200 -6.3%
    2009$9,031 -1%$548,510 -5.9%
    2008$9,123 -14.6%$582,600 -14.2%
    2007$10,681 -10.9%$679,200 -6.1%
    2006$11,994 +80.9%$723,200 -1.6%
    2004$6,629 +1.7%$735,000 +9.7%
    2003$6,515 +0.5%$670,000 +3.9%
    2002$6,484 $645,000 +69.7%
    2000-- $380,000
    Find assessor info on the county website

    Neighborhood: 33957

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $929,400
    2% more
    +$18,588
    With Zillow Showcase(estimated)
    $947,988