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Off market
  • $688,100

    979 E Gulf Dr #E572, Sanibel, FL 33957

    2beds
    1,184sqft
    Condo
    Built in 1975
    -- sqft lot
    $688,100 Zestimate®
    $581/sqft
    $2,447 Estimated rent

    Home value

    $688,100

    $612,000 - $771,000

    $2,447/mo

    Zestimate® history
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    $2,447/mo

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    $2,447/mo

    Rent Zestimate®

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    $4,531/mo

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    $4,531/mo

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    What's special

    Well-appointed and open 2nd floor condo unit is a top grossing Rental in Loggerhead Cay. Located in a building directly on the beach, gross rentals have exceeded $68,000 annually since 2017. 2021 has over $20,000 in rental income on the books. The master in this 2nd floor unit overlooks the beautiful pool and lush grounds. The lanai and living area have views of the Gulf and the pool. Each bedroom has an adjacent separate bathroom. This popular, turnkey, updated condo has double the average rentals and cash flow of other units, qualifying for extra personal use without losing tax advantages. Hurricane impact windows throughout make the condo safe, quiet and energy efficient, with a preferred insurance rate. Its dual built-in UV air sterilization kills 99.9% of viruses and other pathogens. A complementary portable UV system adds peace of mind. You can't beat this condo for family enjoyment, safety and income in one of Sanibel's most popular Gulf-front condominium resorts. Convenient to the heart of Sanibel, with quick mainland access. Enjoy the beach while others sit in traffic.

    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, Freezer, Microwave, Refrigerator, Washer
    • Laundry: Washer, Dryer
    Features
    • Cable, High Speed Internet, Built-In Cabinets, Cable Prewire
    • Flooring: Tile, Carpet
    • Windows: Impact Resistant
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,184 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
    • Waterfront features: Gulf Frontage, On the Gulf Beach
    Lot
    • Size: 0.39 Acres
    • Features: Irregular Lot, See Remarks
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 304623T20070E5720

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Garden Apt
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1975

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    HOA
    • Amenities included: Clubhouse, Jogging Path, Pool, Tennis Court(s), Storage, Barbecue, Beach Access, Shuffleboard Court, Guest Room, Internet Access, Bike Storage
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $581/sqft
    • Tax assessed value: $558,676
    • Annual tax amount: $7,889

    Price history

    DateEventPrice
    5/21/2021Sold$670,000-6.8%$566/sqft
    Source: Florida Gulf Coast MLS #220061322 Report a problem
    4/13/2021Pending sale$719,000$607/sqft
    Source: Florida Gulf Coast MLS #220061322 Report a problem
    5/22/2019Listed for sale$719,000+17.9%$607/sqft
    Source: SanCap Gateway Realty #219037540 Report a problem
    3/2/2005Sold$610,000+107.5%$515/sqft
    Source: Public Record Report a problem
    9/15/1997Sold$294,000$248/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,889 +1020.7%$558,676 +1052.1%
    2024$704 -43.9%$48,494 -43.7%
    2023$1,254 -85.5%$86,100 -86.4%
    2022$8,649 +24.8%$632,646 +30.1%
    2021$6,930 -0.1%$486,273 +1.2%
    2020$6,938 +3%$480,463 +3.8%
    2019$6,736 $462,698 -0.2%
    2018$6,736 -2.3%$463,505 +0.3%
    2017$6,892 -1.7%$461,890 +10.6%
    2016$7,009 +8.3%$417,778 +0.4%
    2015$6,474 -2.3%$416,200 +4.8%
    2014$6,625 +3.7%$397,100 -3.4%
    2013$6,388 +0.5%$411,247 -0.1%
    2012$6,358 +14.3%$411,700 +23.1%
    2011$5,562 -13.1%$334,400 -10.9%
    2010$6,401 -3.4%$375,300 -6.6%
    2009$6,623 -19.1%$401,990 -23.1%
    2008$8,191 -11%$523,000 -10.6%
    2007$9,202 +0.8%$585,000 +6.4%
    2006$9,125 -15.6%$550,000 -5.2%
    2004$10,807 +13.8%$580,000 +14.2%
    2003$9,493 +6.8%$508,000 +9%
    2002$8,888 $466,000 +36.3%
    2000-- $342,000
    Find assessor info on the county website

    Neighborhood: 33957

    Nearby schools

    GreatSchools rating
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    $688,100
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    +$13,762
    With Zillow Showcase(estimated)
    $701,862