Waterfront
Address
487 E Gulf Drive, Sanibel, FL
Price
$ 1,950,000
Property Attributes
  • MLS#222067191
  • TypeCondos
  • CountyLEE
  • CitySanibel
  • AreaSI01 - Sanibel Island
  • NeighborhoodTIGUA CAY CONDO
  • Zip33957
  • StyleMultiLevel, TwoStory, Duplex, LowRise
  • Year Built1982
  • Taxes$ 17071
  • Price$ 1,950,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage2288
  • Lot Size0.08 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

RARE opportunity to own an exclusive Sanibel home that maintains a unique year-round private residential family setting by not allowing rentals. Located on the coveted EAST END allowing ease of getting on/off island, this property has 250’ of GULF FRONTAGE & SPECTACULAR VIEWS! With 2,288’, this 3BR/3.5 BA corner, townhouse, lives like a single family house. A private elevator opens into the great rm w/stone floor, soaring beamed ceiling & stunning 2-story coral wall /fireplace. Two-story, floor to ceiling windows allow natural light to flood in. Custom wood cabinetry, high-end appliances are features of the KIT. A generous primary BR suite has a seating area, deck access, WIC w/organizers & in-suite BA w/dual sinks, jetted tub, separate WIS & laundry chute. Both guest BRs have an attached BA. A ½ BA is located on the main level. Overlooking the great rm, a loft showcases sparkling Gulf water views. Under the house is a 2 + garage with new garage door & extra storage as well as expansive wood deck.

Price History
9/7/2022 Listed $3,400,000
11/14/2022 8% - $3,149,000
1/24/2023 13% - $2,750,000
3/17/2023 19% - $2,249,000
4/1/2024 7% - $2,100,000
5/21/2024 8% - $1,950,000

General Features

Interior Features BreakfastBar,BuiltinFeatures,Bathtub,ClosetCabinetry,CathedralCeilings,DualSinks,EntranceFoyer,Fireplace,JettedTub,LivingDiningRoom,Pantry,SeparateShower,CableTV,UpperLevelPrimary,WalkInClosets,Wired
Sewer PublicSewer
Heating Central,Electric
Cooling CentralAir,CeilingFans,Electric
Utilities CableAvailable,HighSpeedInternetAvailable,UndergroundUtilities
Possession CloseOfEscrow
Roof BuiltUp,Flat,RolledHotMop
Appliances BuiltInOven,Dryer,Dishwasher,Freezer,GasCooktop,Disposal,IceMaker,Microwave,Refrigerator,SelfCleaningOven,Washer
Exterior Features Deck,Storage,ShuttersElectric
HOA 0.0
Garage Spaces 2.0
Association Fee Includes AssociationManagement,Insurance,MaintenanceGrounds,PestControl
Patio/Porch Features Deck,Open,Porch
Architectural Style MultiLevel,TwoStory,Duplex,LowRise
Pool Features Community
Security Features SecuritySystemLeased,BurglarAlarmMonitored,SecuritySystem,SmokeDetectors
Construction Materials Block,Concrete,Stucco,WoodFrame
Pets Allowed Yes
Year Built 1982
View Gulf
Stories 2
Levels Two
Property SubType Condominium
Tax Year 2021
Percent Ownership Condo
Waterfront Features BeachFront,Gulf
Community Features NonGated
County Lee
New Construction No
Property Type Residential
Association Amenities BeachRights,BeachAccess,BikeStorage,Pool,Storage
HOA / Comm Assn Yes
Attached Garage Yes
Subdivision Name TIGUA CAY CONDO
Facing Direction Northwest
Garage Y/N Yes
Status Active
Directions Summerlin Rd west toward Sanibel; take causeway; at 4-way stop on Sanibel proceed straight on Lindgren; At the intersection with E. Gulf,turn left; Proceed on E. Gulf; 'Tigua Cay will be on the right
City SANIBEL
Disclosures DeedRestriction
Land Lease Amount 0.0
View Y/N Yes
Senior Community Y/N No
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Waterfront Y/N Yes
Carport Spaces 0.0
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 17071.0
Home Warranty Y/N No
Property Condition Resale
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://tours.3d-vue-pros.com/idx/142980
Days on Market 625
Structure Type LowRise,Duplex
Standard Status Active
Tax Lot 487
Property Sub Type Additional Condominium,Duplex
MobileHomeRemainsYN No
PostalCity SANIBEL
Legal Description TIGUA CAY CONDO OR 1649 PG 2645 UNIT 487
Adult Family Homes Condominium
Condo Fee 0.0

Interior Features

Flooring Carpet
Furnished Y/N Furnished
Total Stories 3
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features SingleHung,Sliding,WindowCoverings
Fireplace Y/N Yes
Full Baths 3
Half Baths 1
Laundry Features Inside
Total Bedrooms 3
Entry Level 2
Electric On Property Y/N No
Room Type Bathroom,GuestQuarters,Loft,GreatRoom
LivingAreaSource Appraiser
Total Baths 4

Exterior Features

Parking Features Attached,Covered,Garage,TwoSpaces,GarageDoorOpener
Lot Features Other
Water Source Public
Lot Size Area 0.08
Horses No
Spa No
Irrigation/Water Rights No
Building Area Total 2288.0
Lot Size Acres 0.08
Road Surface Type Paved
Lot Size Source Appraiser
Covered Spaces 2.0
Crops Included Y/N No
Road Responsibility PublicMaintainedRoad
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
LotDimensionsSource Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 33957

Price
AVG $1.09M
$1.95M
Taxes
AVG $5,724
$17,071
Visits
AVG 263
906
Data Provided by Inside Real Estate®
Year Built
AVG 1978
1982

Areas We Cover