827 E Gulf Dr UNIT M3, Sanibel, FL 33957

2 beds2 baths1,040 sqft Edit

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Sold: $385,500
Sold on 06/27/13
Zestimate®: $477,894
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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A fantastic price on a bright and cheery unit in the popular Sanibel Arms West complex. This slightly elevated, ground floor walk-out unit is literally steps to Sanibel's renowned white sand beaches and the Gulf of Mexico. The east end location provides convenient biking to stores and restaurants as well as easy access on/off island. On site rentals provide strong income to owners while offering a favorable rental split (only 11% fee compared to 20% other places). Other features include: new roof, attractive new screening and framing on lanais, new plumbing, and A/C replaced only few years ago. The kitchen has been completely renovated with all new appliances, furnishings and a washer/dryer. Sanibel Arms West offers all of your island hobbies: screen enclosed pool, tennis, beach, sundeck, clubhouse, BBQ grills, and boat docks. This is the perfect opportunity to secure your family's island getaway. For rentals contact: SanibelArmsWest.com 

What I love about the home

This apartment is on the Gulf and the closest unit in Sanibel Arms West to the screened-in swimming pool. A well known, Washington, DC designer and artist has installed original art, lively, colorful and comfortable, Tommy Bahama furnishings. Built-in closets were custom made increasing bedroom floor space. The king-size bed in the master suite is brand new and top of the line. The kitchen is fully-equipped and there is a washer/dryer for longer-term rentals.
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Facts

  • Condo
  • Built in 1974
  • Views: 1,623 all time views
  • HOA Fee: $460
  • Cooling: Central
  • Laundry: In Unit
  • Last sold: Jun 2013 for $385,500
  • Last sale price/sqft: $371

Features

  • Cable Ready
  • Ceiling Fan
  • Flooring: Carpet, Tile
  • Patio
  • Pool
  • View: Territorial
  • Waterfront

Appliances Included

  • Dishwasher
  • Dryer
  • Garbage disposal
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Dining room
  • Family room
  • Master bath

Construction

  • Construction quality:
    5.0
    Provided by the county assessor, this grade is based on a scale that varies by market. For more information, or to update the grade, contact the county assessor's office.
  • Exterior material: Stucco
  • Stories: 2
  • Unit count: 1

Other

  • Floor size: 1,040 sqft
  • Heating: Electric
  • Last remodel year: 1974
  • Parcel #: 294623T1005M00030
  • Zillow Home ID: 45521421

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$477,894
+$9,553 Last 30 days
$454K
$502K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
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Popularity on Zillow

If this home is listed on Zillow, it will reach the largest real estate network on the web.*
1,623 all-time views
of this home (chart)
209 forecasted views of this home
in the first 7 days after listing for sale
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Comparable Homes

Homes like this sold for $435-565K.

$380K
$620K

Mortgages

Neighborhood

Market guide

Zillow predicts 33957 home values will rise 3.3% next year, compared to a 3.3% rise for Sanibel as a whole. Among 33957 homes, this home is valued 18% less than the midpoint (median) home, and is valued 7% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 33957, the number of foreclosures waiting to be sold is exactly the same as for Sanibel, and 59% less than the national average.

Learn more about forecast calculations or 33957 home values.
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    For Sale

    See all nearby listings
    Other Units in this Building (7)ZestimateBedsBathsSqft
    Unit M1$477K221,040
    Unit M2$481K221,040
    Unit M4$469K22967
    Unit M5$469K22967
    Unit M6$470K22967
    Unit M7$478K221,040
    Unit M8$476K22967

    Nearby Schools in Sanibel

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org