4 months on rocket

Sale Pending

440 E Gulf Dr, Sanibel, FL, 33957

$1,150,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,867 SqFt
$616/SqFt
House
Schools Nearby

Location

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440 E Gulf Dr, Sanibel$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1956
HeatingOther
CoolingOther
WaterfrontNone
ViewGulf, Other, Partial
Private PoolYes
MLS #223095310
Lot Size0.43 Acres
StatusSale Pending
(Pending)

About 440 E Gulf Dr

A rare opportunity to purchase a sought after location on the quaint east end of Sanibel Island. This large parcel of land is located on the corner of East Gulf and Glory Circle and tucked away from traffic, offering a two minute walk to the gulf beach, partial views of the sparkling gulf and large pool. Priced at land value, the 3 bedroom, 2 bath island cottage could be restored to it's former charm or removed and build your dream home on a spacious, dream lot. An elevated home would have phenominal views of the Gulf. There's a reason this cottage and property were chosen to build on back in 1956 and that is because there is not a better location on the island. One of the few remaining "Old Sanibel" cottages. There is also a separate, detached double garage, large enough for a 25' boat andvehicle. Being sold As-Is.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida, Other
  • Year Built: 1956
  • Living Area: 1,867 SqFt

Listing Office:

  • Office Name: VIP Realty Group,Inc
  • Office Phone: (239) 472-5187
  • Listing Agent: Teresa Baker

Interior Features

Interior Information:

  • Flooring Type: Other
  • Interior: Bathtub, Living/Dining Room, Separate Shower, Vaulted Ceiling(s), Workshop

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • View: Gulf, Other, Partial
  • Exterior: None, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Irregular Lot
  • Lot Size: 0.43 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

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

Other

Directions Information:

  • Directions: Turn left from Lindgren on to East Gulf. Home is on left across from the beach access and Colony Beach Estates.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $616/SqFt

Tax Information:

  • Annual Amount: $8,406
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$980K

Med. Price/SqFt

$524

Avg. Days On Market

86

# of Sold Homes

30

440 E Gulf Dr vs Sanibel

120 DAYS ON ROCKET

+34 Days

$1,150,000

+$170K More

$616/SqFt

+$91 More

KEY TAKEAWAY

This property is $170K more than the Median Sold Price and $91/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: #223095310

Listing Office:

  • Office Name: VIP Realty Group,Inc
  • Office Phone: (239) 472-5187
  • Listing Agent: Teresa Baker

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: 4/28/2024, 7:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 11, 2012Home Sold
$855,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,406$594,312
2019$8,674$609,655
2018$8,967$617,734
2017$9,099$613,515

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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-2008874
9
/10
  • The Sanibel School

  • 3840 Sanibel Captiva Rd

  • 5.57 miles

  • Public District Grades PK-8

school-card-donut-2008875
7
/10
  • Heights Elementary School

  • 15200 Alexandria Ct

  • 8.02 miles

  • Public Magnet Grades PK-5

High School

school-card-donut-2008876
4
/10
  • Cypress Lake High School

  • 6750 Panther Ln

  • 9.99 miles

  • Public Magnet Grades 9-12

school-card-donut-2008877
2
/10
  • South Fort Myers High School

  • 14020 Plantation Rd

  • 12.55 miles

  • Public District Grades 9-12

school-card-donut-2008878
3
/10
  • Estero High School

  • 21900 River Ranch Rd

  • 14.33 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,119. The majority of Sanibel, FL residents have income between $35k-100k annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 440 E Gulf Dr

What is the listing price of this property?

The listing price of 440 E Gulf Dr property is $1,150,000.

What type of property is this?

The property 440 E Gulf Dr is a house located in Sanibel, Florida, 33957.

Is this property for sale now?

Sale Pending: 440 E Gulf Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 440 E Gulf Dr 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 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,406 (source: MLS/based on county public records data).

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

The last sale was on May 11, 2012 for $855,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 440 E Gulf Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 440 E Gulf Dr is 1,867 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 440 E Gulf Dr is 1956.

Rocket Homes›Florida›Lee County›Sanibel›33957›440 E Gulf Dr

This home is located at 440 E Gulf Dr in Sanibel, FL and zip code 33957. This 1,867 square foot home, which was built in 1956, sits on a 0.43 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 29, 2023 and is currently priced at $1,150,000.

Over 0 listings were sold over their listed price in March 2024 in Sanibel, FL. In the same period over 30 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Sanibel, FL increased by 6.3% between February 2024 and March 2024. In March 2024, listings were on the market for 86 days. During the same period, the median list price in this real estate market was $980,000.

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

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