8 days on rocket

487 E Gulf Dr, Sanibel, FL, 33957

$1,899,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,244 SqFt
$846/SqFt
Townhouse

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

487 E Gulf Dr, Sanibel$1,899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingAttached, Covered, Garage, Two Spaces, Garage Door Opener
Attached Garage2 spaces
Year Built1982
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewGulf, Other, Pool, Water
MLS #224086579
Lot Size0.08 Acres
StatusActive

About 487 E Gulf Dr

UNIQUE TURNKEY GULF FRONTAGE TOWNHOUSE WITH PRIVATE ELEVATOR!! Welcome to your dream coastal retreat! This stunning 2-story townhouse offers 2,288 sq ft of luxurious living space in a unique year-round private residential family setting—perfect for those seeking tranquility and exclusivity, as rentals are not permitted. Nestled right on the beach, this property boasts 250 feet of pristine Gulf frontage, allowing you to soak in breathtaking views and the soothing sound of waves just steps from your door. Inside, you'll find brand-new impact windows that not only enhance your home's beauty but also ensure your peace of mind. The interior is free from hurricane damage and water intrusion, providing a worry-free environment for your family. As you enter through your private elevator, you’ll be greeted by a magnificent great room featuring elegant stone flooring, striking 2-story coral walls, and a cozy fireplace that adds warmth and character. Floor-to-ceiling windows flood the space with natural light, while electric shutters offer convenience and privacy. The gourmet kitchen is a chef's delight, equipped with custom wood cabinetry and high-end appliances, making it the perfect space for culinary creativity. The primary bedroom suite offers deck access, allowing you to enjoy stunning sunrises or sunsets from the comfort of your own space. Additional highlights include a spacious 2-car garage with a brand-new garage door, ample extra storage, and a laundry room conveniently located within the unit. Your new home will also feature a surround sound system and ADT security throughout for added comfort and safety. Outside, a new pool is set to be completed this fall, creating an inviting oasis for relaxation and entertainment. Plus, an expansive wood dock will enhance your outdoor experience, perfect for enjoying the coastal lifestyle. Don’t miss the opportunity to make this exceptional townhouse your own—a true sanctuary by the sea! Contact us today for a private showing and start living the beach life you’ve always dreamed of!

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level, Two Story, Duplex
  • Year Built: 1982
  • Stories: 2
  • Living Area: 2,244 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (239) 227-3490
  • Listing Agent: Claire Gogan

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Freezer, Gas Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Carpet
  • Interior: Breakfast Bar, Built-in Features, Bathtub, Closet Cabinetry, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Fireplace, Jetted Tub, Living/Dining Room, Pantry, Separate Shower, Cable TV, Upper Level Primary, Walk-In Closet(s), Wired for Sound, Central Vacuum, Elevator, High Speed Internet, Loft

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf, Other, Pool, Water
  • Exterior: Deck, Storage, Shutters Electric

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Covered, Garage, Two Spaces, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 487 E Gulf Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: from the ramp on the left for Summerlin Rd / County Hwy-869,Keep straight to get onto FL-867 / McGregor Blvd,Turn left to stay on Periwinkle Way,Keep straight to get onto Periwinkle Way,Turn right onto E Gulf Dr,Arrive at E Gulf Dr on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,899,000
  • Price Per SqFt: $846/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $17,736
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Sanibel, FL

City

Med. Sold Price

$988.7K

Med. Price/SqFt

$564

Avg. Days On Market

219

# of Sold Homes

6

487 E Gulf Dr vs Sanibel

8 DAYS ON ROCKET

-211 Days

$1,899,000

+$910.2K More

$846/SqFt

+$281 More

KEY TAKEAWAY

This property is $910.2K more than the Median Sold Price and $281/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: #224086579

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (239) 227-3490
  • Listing Agent: Claire Gogan

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: 11/17/2024, 4:20:49 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 12, 2017Home Sold
$1,600,000

Tax History

YEARPROP. TAXASSESSMENT
2020$17,736$1,241,935
2019$19,626$1,329,145
2018$22,441$1,491,453
2017$23,386$1,520,523

History based on county public records data.

Payment Calculator

$9,545

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,760

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.

Nearby Schools

school-card-donut-301811
10
/10

  • Fort Myers Beach Elementary School

  • 2751 Oak St

  • 5.39 miles

  • Public District Grades KG-5

school-card-donut-301812
5
/10

  • Harlem Heights Community Charter School

  • 15570 Hagie Dr

  • 7.78 miles

  • Public Charter Grades KG-5

school-card-donut-301813
7
/10

  • Heights Elementary School

  • 15200 Alexandria Ct

  • 8.11 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 487 E Gulf Dr

What is the listing price of this property?

The listing price of 487 E Gulf Dr property is $1,899,000.

What type of property is this?

The property 487 E Gulf Dr is a townhouse located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 487 E Gulf Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $17,736 (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 12, 2017 for $1,600,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 487 E Gulf Dr has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 487 E Gulf Dr is 2,244 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 487 E Gulf Dr is 1982.

Rocket Homes›Florida›Lee County›Sanibel›33957›487 E Gulf Dr

This home is located at 487 E Gulf Dr in Sanibel, FL and zip code 33957. This 2,244 square foot home, which was built in 1982, sits on a 0.08 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $1,899,000.

While more than 0 listings in Sanibel, FL in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below. In October 2024 in Sanibel, FL there were 13.3% more homes for sale than in September 2024. While the average time on the market in October 2024 was 219 days, the median list price was $988,750.

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

More Resources