1 month on rocket

497 E Gulf Dr Unit 4, Sanibel, FL, 33957

$1,650,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,469 SqFt
$1,123/SqFt
Condo
Schools Nearby

Location

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497 E Gulf Dr Unit 4, Sanibel$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Underground, Attached Carport
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf
ViewGulf
MLS #224025233
StatusActive

About 497 E Gulf Dr Unit 4

VERY RARE OFFERING: DIRECT GULF-FRONT IN UP & RUNNING CONDO COMPLEX. Move in right away to this remodeled two-floor condo on Sanibel’s east end. The view of the Gulf of Mexico is open, sweeping and magnificent. Saint Croix’s 4-unit complex offers exceptional privacy and is fully operational. The upscale remodel is comprehensive: stunning Guayacan 8x48 porcelain plank tile throughout the downstairs and in all bathrooms and both lanais; Islandair Ocean Spray Oak wood flooring on the top level; the kitchen features new granite counter tops, new cabinets and new appliances; crown molding and new baseboards installed in all rooms. There are two lanais, one on each floor, facing the Gulf: they each have hurricane-glass sliding windows, new screens and new ceiling fans. Additionally, the owners installed a new counter and sink in the downstairs lanai, and the water heater, heating and AC units are new as of October 2022. The east end is known for the Sanibel Lighthouse, the charming shopping areas and bike paths, and easy access to the Sanibel Causeway.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Two Story, Stilt, Low Rise
  • Year Built: 1984
  • Stories: 2
  • Living Area: 1,469 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Dual Sinks, Living/Dining Room, Other, Shower Only, Separate Shower, Upper Level Primary

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Security/High Impact Doors, Other, Storage

Parking Information:

  • Parking: Covered, Underground, Attached Carport

Lot Features

Lot Information:

  • Lot: Other

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

Other

Directions Information:

  • Directions: East Gulf to St Croix.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,650,000
  • Price Per SqFt: $1,123/SqFt

Tax Information:

  • Annual Amount: $14,717
  • Tax Year: 2020
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Housing Market Comparison

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

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Sanibel, FL

City

Med. Sold Price

$980K

Med. Price/SqFt

$524

Avg. Days On Market

86

# of Sold Homes

30

497 E Gulf Dr Unit 4 vs Sanibel

37 DAYS ON ROCKET

-49 Days

$1,650,000

+$670K More

$1,123/SqFt

+$598 More

KEY TAKEAWAY

This property is $670K more than the Median Sold Price and $598/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: #224025233

Listing Office:

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

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, 11:25:15 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

Sep 05, 2018Home Sold
$941,250
Apr 12, 2016Home Sold
$890,000

Tax History

YEARPROP. TAXASSESSMENT
2020$14,717$990,803
2019$13,837$923,780
2018$14,125$924,588
2017$13,912$890,000

History based on county public records data.

Payment Calculator

$8,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

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-2703058
9
/10

  • The Sanibel School

  • 3840 Sanibel Captiva Rd

  • 5.45 miles

  • Public District Grades PK-8

school-card-donut-2703059
7
/10

  • Heights Elementary School

  • 15200 Alexandria Ct

  • 8.21 miles

  • Public Magnet Grades PK-5

High School

school-card-donut-2703060
4
/10

  • Cypress Lake High School

  • 6750 Panther Ln

  • 10.17 miles

  • Public Magnet Grades 9-12

school-card-donut-2703061
2
/10

  • South Fort Myers High School

  • 14020 Plantation Rd

  • 12.72 miles

  • Public District Grades 9-12

school-card-donut-2703062
3
/10

  • Estero High School

  • 21900 River Ranch Rd

  • 14.43 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 $76,119. The majority of Sanibel, FL residents have income between $35k-100k annually. The majority of families are 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 497 E Gulf Dr Unit 4

What is the listing price of this property?

The listing price of 497 E Gulf Dr Unit 4 property is $1,650,000.

What type of property is this?

The property 497 E Gulf Dr Unit 4 is a condo located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 497 E Gulf Dr Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 497 E Gulf Dr Unit 4 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 $14,717 (source: MLS/based on county public records data).

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

The last sale was on September 5, 2018 for $941,250. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 497 E Gulf Dr Unit 4 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 497 E Gulf Dr Unit 4 is 1,469 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 497 E Gulf Dr Unit 4 is 1984.

Rocket Homes›Florida›Lee County›Sanibel›33957›497 E Gulf Dr Unit 4

This home is located at 497 E Gulf Dr Unit 4 in Sanibel, FL and zip code 33957. This 1,469 square foot home was built in 1984. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $1,650,000.

While more than 0 listings in Sanibel, FL in March 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 30 were sold below. Between February 2024 and March 2024, Sanibel, FL real estate market has seen increase in the number of listings by 6.3%. The median list price of listings available in March 2024 was $980,000, while the average time on the real estate market was 86 days.

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

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