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979 E Gulf Drive #513, Sanibel, FL 33957
$1,115,000
979 E Gulf Drive #513, Sanibel, FL 33957View this property at 979 E Gulf Drive #513, Sanibel, FL 33957
979 E Gulf Drive #513SanibelFL33957
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Property Description
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!!
Full Property Details
Full Property Details for 979 E Gulf Dr #513
General
- Sold For: $1,115,000
- HOA FEE: $820/month
- Taxes: $12,821 (2022)
- Status: Closed
- Type: Condo
- MLS ID: 223071965
- Added to Site: 228 day(s) ago
Interior
- Interior Features: Breakfast Bar, Dual Sinks, Family/Dining Room, Kitchen Island, Living/Dining Room, Other, Pantry, See Remarks, High Speed Internet, Split Bedrooms
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Beach Rights, Basketball Court, Bike Storage, Clubhouse, Barbecue, Picnic Area, Pickleball, Pool, Spa/Hot Tub, Storage
- Pool: Yes
- Pool Description: Community
Exterior
- Exterior Features: Security/High Impact Doors, Other, Patio, Storage, Shutters Electric, Tennis Court(s)
- Porch/Patio/Deck: Balcony, Open, Patio, Porch, Screened
Parking
- Parking Features: Common, Guest, Paved, Two Spaces
Location
- County: Lee
- Subdivision: LOGGERHEAD CAY CONDO
- Driving Directions: Come onto Sanibel from the Causeway. Straight through the 4 way stop and continue down Lindgren until you reach the stop sign. Right onto E Gulf Dr. Continue on E Gulf Dr and Loggerhead Cay will be on your left hand side.
- Direction Faces: North
Community
- Community Name: SI01 - Sanibel Island
- Association: Yes
- Assoc. Fees Include: Association Management, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Trash, Water
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Underground Utilities
Structural Information
- Architectural Style: Mid Rise
- Construction: Block, Concrete, Stucco
- Roof: Built-Up, Flat
- Windows: Single Hung, Sliding, Impact Glass
- Elevator: Yes
- Stories/Levels: 4
- Square Feet: 1,235
- Living Area: 1,235 Sq. Ft.
- Year Built: 1975
- Property Condition: Resale
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.3936
- Lot Size: .3936
- Lot Size Source: Appraiser
- Lot Dimensions: 999 x 999 x 999 x 999
- Irrigation System: Municipal
- Lot Features: Zero Lot Line
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Beach Front, Gulf
Financial Considerations
- Association Fee: $820
- Assoc Fee Freq.: Monthly
- Tax Amount: $12,821.96
- Tax Year: 2022
- Terms: All Financing Considered, Cash
Disclosures and Reports
- Ownership: Condo
- Legal Description: LOGGERHEAD CAY PHSE 2 COND BLDG E OR 1080 PG 1784 UNIT 513
- Disclosures/Rstr.: Coastal Zone, Disclosure on File
- Property ID: 30-46-23-T2-0070E.5130
- Block: 70E
- Lot Number: 513
Listed by Berkshire Hathaway Florida
Sold by DomainRealty.com LLC
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Schools
Schools serving 979 E Gulf Dr #513
School District:Lee County School District
Rating | Name | Grades | Distance |
---|---|---|---|
3840 Sanibel Captiva Rd, Sanibel, FL 33957 | K-8 | 4.7 mi | |
8901 Cypress Lake Dr, Fort Myers, FL 33919 | 6-8 | 11.2 mi | |
6750 Panther Ln, Fort Myers, FL 33919 | 9-12 | 11.1 mi | |
14020 Plantation Rd, Fort Myers, FL 33912 | 9-12 | 13.7 mi | |
2635 Cortez Blvd, Fort Myers, FL 33901 | 9-12 | 16.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 979 E Gulf Dr #513
Date
Details
Price
Change
Source
11/30/2023
Sold
$1,115,000
-13.9%
MLS
10/09/2023
Listed
$1,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
979 E Gulf Drive #513, Sanibel, FL 33957 (MLS# 223071965) is a Condo property that was sold at $1,115,000 on November 30, 2023. Want to learn more about 979 E Gulf Drive #513? Do you have questions about finding other Condo real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.