7 months on rocket

2501 W Gulf Dr Unit 102, Sanibel, FL, 33957

$1,475,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,950 SqFt
$756/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2501 W Gulf Dr Unit 102, Sanibel$1,475,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Underground, Guest, One Space
Year Built1986
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontBeach
ViewGulf, Pool
MLS #223069716
Lot Size0.17 Acres
StatusActive

About 2501 W Gulf Dr Unit 102

Beautiful REMODEL nearly complete - EVERYTHING is NEW, including FURNISHINGS! PHOTOS UPDATED as of 4/25 reflect the current progress. Current Rental projections indicate $116K NET INCOME POTENTIAL! Start generating rental income immediately in Summer 2024. Professional management is in place. The stunning Gulf views are unbeatable, and PINE COVE is one of the few complexes on the island that ALLOWS 7-DAY RENTALS & Unit 102 is a 3-bedroom unit. If you are in search of a beautiful, spacious, and well-located condo on Sanibel Island, this is the ideal opportunity for you. This BEACHFRONT 3-BEDROOM CONDO on Sanibel Island is a rare find. It is already in an established, SUCCESSFUL, VACATION RENTAL PROGRAM. There is plenty of room to spread out, with 1,950 SQ FT plus a LARGE LANAI with views of the Gulf and Pool. The primary suite is huge, & the primary bathroom has a walk-in shower and double sinks. The living room includes an area for a wet bar, so you can entertain guests in style. There is also one ASSIGNED COVERED parking spot and a storage closet. The condo is located on West Gulf Drive, close to all of the island's amenities, including restaurants and shops.

Property Details

Property Features

Property Information:

  • Architectural Style: None, Low Rise
  • Year Built: 1986
  • Living Area: 1,950 SqFt

Listing Office:

  • Office Name: Royal Shell Real Estate, Inc.
  • Office Phone: (239) 322-5680
  • Listing Agent: Ross Winchel

Interior Features

Interior Information:

  • Flooring Type: Concrete, Tile
  • Interior: Breakfast Bar, Entrance Foyer, Living/Dining Room, Main Level Primary, None, Sitting Area in Primary, Cable TV, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach
  • View: Gulf, Pool
  • Exterior: Security/High Impact Doors, None

Parking Information:

  • Parking: Assigned, Covered, Underground, Guest, One Space

Lot Features

Lot Information:

  • Lot: Zero Lot Line
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Cypress Lake High School, Public Magnet Grades 9-12
  • South Fort Myers High School, Public District Grades 9-12
  • Estero High School, Public District Grades 9-12
  • The Sanibel School, Public District Grades PK-8
  • Heights Elementary School, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,475,000
  • Price Per SqFt: $756/SqFt

Tax Information:

  • Annual Amount: $13,976
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Sanibel, FL.

Map thumbnail provided by MapBox

Sanibel, FL

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$553

Avg. Days On Market

76

# of Sold Homes

44

2501 W Gulf Dr Unit 102 vs Sanibel

228 DAYS ON ROCKET

+152 Days

$1,475,000

+$475K More

$756/SqFt

+$203 More

KEY TAKEAWAY

This property is $475K more than the Median Sold Price and $203/SqFt more than other homes in Sanibel, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #223069716

Listing Office:

  • Office Name: Royal Shell Real Estate, Inc.
  • Office Phone: (239) 322-5680
  • Listing Agent: Ross Winchel

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2024, 5:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 26, 2012Home Sold
$775,000
May 26, 2004Home Sold
$1,050,000
May 15, 2001Home Sold
$950,000

Tax History

YEARPROP. TAXASSESSMENT
2020$13,976$969,000
2019$13,561$932,663
2018$13,863$933,470
2017$13,942$931,855

History based on county public records data.

Payment Calculator

$7,429

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,489

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-597959
9
/10

  • The Sanibel School

  • 3840 Sanibel Captiva Rd

  • 2.73 miles

  • Public District Grades PK-8

school-card-donut-597960
7
/10

  • Heights Elementary School

  • 15200 Alexandria Ct

  • 11.72 miles

  • Public Magnet Grades PK-5

High School

school-card-donut-597961
4
/10

  • Cypress Lake High School

  • 6750 Panther Ln

  • 13.68 miles

  • Public Magnet Grades 9-12

school-card-donut-597962
2
/10

  • South Fort Myers High School

  • 14020 Plantation Rd

  • 16.32 miles

  • Public District Grades 9-12

school-card-donut-597963
4
/10

  • Estero High School

  • 21900 River Ranch Rd

  • 17.61 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,059. Typical income of Sanibel, FL residents is less than $35k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2501 W Gulf Dr Unit 102

What is the listing price of this property?

The listing price of 2501 W Gulf Dr Unit 102 property is $1,475,000.

What type of property is this?

The property 2501 W Gulf Dr Unit 102 is a condo located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 2501 W Gulf Dr Unit 102 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2501 W Gulf Dr Unit 102 are:
The Sanibel School: GreatSchools Rating 9/10
Heights Elementary School: GreatSchools Rating 7/10
Cypress Lake High School: GreatSchools Rating 4/10
South Fort Myers High School: GreatSchools Rating 2/10
Estero High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $13,976 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 26, 2012 for $775,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2501 W Gulf Dr Unit 102 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2501 W Gulf Dr Unit 102 is 1,950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2501 W Gulf Dr Unit 102 is 1986.

Rocket Homes›Florida›Lee County›Sanibel›33957›2501 W Gulf Dr Unit 102

This home is located at 2501 W Gulf Dr Unit 102 in Sanibel, FL and zip code 33957. This 1,950 square foot home, which was built in 1986, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 29, 2023 and is currently priced at $1,475,000.

In April 2024 more than 2 listings in Sanibel, FL were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 37 were sold below. The number of homes for sale in Sanibel, FL decreased by 1% between March 2024 and April 2024. In April 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $1,000,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources