tomo logo

$1,575,000

Beds
2
Baths
2.5
sq ft
1,469

497 East Gulf Dr Unit 4, Sanibel, FL 33957

497 East Gulf Dr Unit 4

SANIBEL, FL 33957

  • 210 days on market
    • Price drop $75,000↓
DIRECT GULF-FRONT IN UP & RUNNING CONDO COMPLEX. Saint Croix is fully operational and free of insurance complications, a huge plus for buyers. 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-condo complex offers exceptional privacy and these units are rarely available for purchase on the market. The upscale remodel is 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.

Details

Property type

Condominium

Est. home value

$1,570,834

Lot size

Unknown

Price per sq ft

$1,073

Year built

1984

Annual property taxes

$13,370.13

HOA

Yes

Price History

03/22/2024

FGCMLS #224025233

Listed
$1,575,000
+67.33%
08/29/2018

FGCMLS #218017427

Sold
$941,250
+5.76%
04/07/2016

FGCMLS #216004157

Sold
$890,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

4

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lake Michigan Cu

Loan start date

March 2021

Original loan amount

$693,800

Est. remaining balance

$637,552

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

John D Furry and Barbara Furry

Lender

Lake Michigan Cu

Loan start date

March 2021

Original loan amount

$693,800

Est. remaining balance

$637,552

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

John D Furry and Barbara Furry

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
$1,750,000
2 bd
|
2 ba
|
1,451 sq ft
|
Condo

1401 Middle Gulf Dr Unit L404, Sanibel, FL 33957

$1,595,000
2 bd
|
2 ba
|
2,018 sq ft
|
Condo

635 East Gulf Dr Unit C301, Sanibel, FL 33957

$1,595,000
2 bd
|
2 ba
|
1,243 sq ft
|
Condo

2445 West Gulf Dr Unit E6, Sanibel, FL 33957

Status: Active

Tomo last checked: 10/18/2024 at 6:20 AM

Listing updated: 09/30/2024 at 2:53 PM

Listed by: Arika Bjorkedal, VIP Realty Sanibel and Captiva Phone #: (239) 472-5187

MLS: FGCMLS #224025233

FGCMLS logo

Recently listed in SANIBEL

$3,980,000|4 bd|3.5 ba|House
$987,000|3 bd|2.0 ba|House
$850,000|3 bd|2.0 ba|House
$1,490,900|3 bd|2.0 ba|House
$750,000|4 bd|2.0 ba|House
$1,399,000|3 bd|3.0 ba|House
$1,699,000|3 bd|3.0 ba|House
$1,990,900|5 bd|4.0 ba|House