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Sold for $1,115,000
  • $1,115,000

    979 E Gulf Dr Unit 513, Sanibel, FL 33957

    2beds
    1,235sqft
    Condominium
    Built in 1975
    -- sqft lot
    $891,000 Zestimate®
    $903/sqft
    $2,392 Estimated rent

    Home value

    $891,000

    $775,000 - $1.02M

    $2,392/mo

    Zestimate® history
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    $2,392/mo

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    $8,196/mo

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    $8,196/mo

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    What's special

    Unparalleled viewsBeautiful white sandy beach
    Welcome to Loggerhead Cay E513! This furnished 2 bedroom, 2 bathroom, 2 balcony, 3rd floor corner unit is an extremely rare offering in one of the island’s very best and most desirable “blue chip” beach front condo communities. Find your inner peace from the sounds and cool breezes of the Gulf of Mexico, Enjoy the unparalleled views of the beautiful white sandy beach and sparkling turquoise waters from nearly every room, relax and stretch out in the spacious and inviting living areas or one of your beach front lanais, and sleep comfortably on a premier rental return grossing comfortably in the 6 figures. Loggerhead Cay is slated to have full power restored 11/1/23, and rentals can commence at that time. The condo did suffer some water damage from the unit above during Hurricane Ian, but is an opportunity for the new owner to complete the interior to their taste. Fully wind mitigated with all impact doors, windows, and sliders, A/C pumping cold air, and offered furnished, not much work is needed to enjoy one of Sanibel’s best investment opportunities to the fullest by this season and then for a lifetime. No Assessments planned or proposed!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Evan duPont 239-462-1817,

    Berkshire Hathaway HomeServices Florida Realty

    Bought with:

    OTHER OTHER

    Other

    Source: Sanibel And Captiva Island AOR,MLS#: 2230887MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: DR/LR Combo, Kitchen, Living Room
    Primary bedroom
    • Features: Balcony, Sitting Area
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: See Remarks
    Features
    • Bar, Breakfast Bar, Eat-in Kitchen, Pantry, 8 Ft Ceilings, Elevator
    • Flooring: Carpet, Tile
    • Windows: Impact Resistant Windows, Single Hung, Sliding, Storm Window(s)
    • Has fireplace: No
    Interior area
    • Total structure area: 1,425
    • Total interior livable area: 1,235 sqft

    Property

    Parking
    • Parking features: Assigned, Guest, Open
    Features
    • Patio & porch: Open Porch, Patio, Screened
    • Exterior features: Balcony
    • Pool features: Community
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Gulf

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS
    Condition
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: See Remarks
    HOA
    • Has HOA: Yes
    • Amenities included: Courtyard, Deeded Beach Access, Elevator(s), Barbecue, Picnic Area, Pool, Rental Office on Site, Shuffleboard Court
    • Services included: Cable TV, Elevator, Exter Pest Control, Maintenance Structure, Insurance, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Pool Service, Sewer, Trash, Water
    • HOA fee: $820 monthly
    • HOA phone: 239-955-4796
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $903/sqft
    • Annual tax amount: $12,822
    • Date on market: 10/5/2023
    • Cumulative days on market: 25 days
    • Listing terms: BTF/Cash
    • Lease term: 1 WK 7 Day Min Rental,Weekly

    Price history

    DateEventPrice
    4/17/2024Listing removed--
    Source: Berkshire Hathaway HomeServices Florida Realty #223071965 Report a problem
    11/30/2023Sold$1,115,000-13.9%$903/sqft
    Source: Sanibel And Captiva Island AOR #2230887 Report a problem
    10/30/2023Pending sale$1,295,000$1,049/sqft
    Source: Sanibel And Captiva Island AOR #2230887 Report a problem
    10/5/2023Listed for sale$1,295,000+55.1%$1,049/sqft
    Source: Sanibel And Captiva Island AOR #2230887 Report a problem
    2/16/2012Sold$835,000-7.1%$676/sqft
    Source: Agent Provided Report a problem
    2/24/2011Listed for sale$899,000+5.8%$728/sqft
    Source: Pfeifer Realty Group #2101217 Report a problem
    1/1/2009Sold$850,000$688/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33957

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $891,000
    2% more
    +$17,820
    With Zillow Showcase(estimated)
    $908,820
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $891,000
    2% more
    +$17,820
    With Zillow Showcase(estimated)
    $908,820