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Sold for $880,000
  • $880,000

    979 E Gulf Dr Unit 162, Sanibel, FL 33957

    2beds
    1,184sqft
    Condominium
    Built in 1974
    -- sqft lot
    $828,500 Zestimate®
    $743/sqft
    $2,223 Estimated rent

    Home value

    $828,500

    $729,000 - $944,000

    $2,223/mo

    Zestimate® history
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    $2,223/mo

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    $6,898/mo

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    $6,898/mo

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    What's special

    Welcome to Loggerhead Cay, a tropical paradise on Sanibel Island offering direct, breathtaking views of the Gulf of Mexico! This exceptional 2 bedroom & 2 bathroom condo is a rare gem, combining stunning scenery with luxurious amenities and unparalleled convenience. Step into this beautifully maintained unit and be greeted by expansive Gulf views, visible from the living area and private balcony—perfect for savoring sunrises & sunsets or enjoying your morning coffee to the sound of waves. With a fantastic rental history, this property offers both an ideal personal retreat and a lucrative investment opportunity. Loggerhead Cay is renowned for its resort-style amenities, which include a sparkling pool, tennis courts, pickleball courts, shuffleboard, and a grill/barbecue area for entertaining. The complex sits on a pristine, sandy beach known for world-class shelling, making every day feel like a vacation. Additionally, this condo features exterior storage conveniently located right next to the condo, perfect for all your beach gear. Don’t miss the chance to own a slice of paradise with unmatched Gulf-front living. Whether you're seeking a serene getaway or a property with incredible rental potential, 979 Loggerhead Cay has it all. Schedule your private showing today and start living the island dream!

    Zillow last checked:

    Listing updated:

    Listed by:

    Janka Varmuza 239-405-9560,

    VIP Realty Sanibel and Captiva

    Bought with:

    OTHER OTHER

    Other

    Source: Sanibel And Captiva Island AOR,MLS#: 2250177MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: DR/LR Combo, Kitchen
    Primary bedroom
    • Features: Balcony
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Internet Ready, Microwave, Electric Range, Refrigerator, Washer, Water Heater
    Features
    • Breakfast Bar, Storage, 8 Ft Ceilings, Elevator
    • Flooring: Carpet, Tile
    • Windows: Impact Resistant Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 1,312
    • Total interior livable area: 1,184 sqft

    Property

    Parking
    • Parking features: Assigned, Guest
    Features
    • Patio & porch: Screened
    • Exterior features: Storage, Balcony
    • Pool features: Community
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Beach Front, Gulf, Near Beach
    Details
    • Parcel number: 304623T2006001620

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: See Remarks
    • Property subtype: Condominium
    Materials
    • Stucco, CBS
    • Foundation: Concrete Perimeter
    Condition
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s), See Remarks
    HOA
    • Has HOA: Yes
    • Amenities included: Deeded Beach Access, Elevator(s), Barbecue, Pickleball, Picnic Area, Pool, Shuffleboard Court, Tennis Court(s)
    • Services included: Elevator, Exter Pest Control, Maintenance Structure, Insurance, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Parking, Pool Service, Recreation Facilities, Sewer, Trash, Water
    • HOA fee: $1,100 monthly
    • HOA phone: 239-454-1101
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $743/sqft
    • Tax assessed value: $558,676
    • Annual tax amount: $1,254
    • Date on market: 1/29/2025
    • Cumulative days on market: 39 days
    • Listing terms: BTF/Cash,Seller pays Closing Cost
    • Lease term: 1 WK 7 Day Min Rental,Weekly

    Price history

    DateEventPrice
    3/12/2025Sold$880,000-2.1%$743/sqft
    Source: Sanibel And Captiva Island AOR #2250177 Report a problem
    2/7/2025Pending sale$899,000$759/sqft
    Source: Sanibel And Captiva Island AOR #2250177 Report a problem
    1/29/2025Listed for sale$899,000$759/sqft
    Source: Sanibel And Captiva Island AOR #2250177 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 -83.3%$86,100 -83.2%
    2022$7,534 +13.4%$512,753 +10%
    2021$6,644 0%$466,139 +1.3%
    2020$6,647 +3%$460,275 +3.8%
    2019$6,454 $443,318 -0.2%
    2018$6,454 -2.3%$444,125 +0.4%
    2017$6,604 -1.8%$442,510 +10.3%
    2016$6,724 +8.2%$401,177 -0.2%
    2015$6,217 -2.9%$402,100 +5.3%
    2014$6,401 +4.2%$381,700 -1.9%
    2013$6,140 +0.6%$389,171 -0.1%
    2012$6,102 +12.8%$389,600 +19.8%
    2011$5,411 -11.6%$325,300 -9.3%
    2010$6,121 -7.6%$358,800 -10.7%
    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

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    $828,500
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    $845,070