Sanibel Estates, 440 Gulf Dr Sanibel, 33957

1,150,000(-14.13% )
$987,500Price
3Beds
2Baths
1,867SqFt

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Details

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Status:
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Parking: 2
Size: 1,867 ft2 / 173 m2
Price: $529 ft2 / $5,693 m2
Built: 1956
HOA: $50/MO
MLS Number: 223095310
View: Landscaped Area, Partial Gulf
Updated: 197 Days ago
Page Views: 0
A rare opportunity to purchase a sought after location on the quaint east end of sanibel island. This large parcel of land is located on the corner of east gulf and glory circle and tucked away from traffic, offering a two minute walk to the gulf beach, partial views of the sparkling gulf and large pool. Priced at land value, the 3 bedroom, 2 bath island cottage could be restored to it's former charm or removed and build your dream home on a spacious, dream lot. An elevated home would have phenominal views of the gulf. There's a reason this cottage and property were chosen to build on back in 1956 and that is because there is not a better location on the island. One of the few remaining "old sanibel" cottages. There is also a separate, detached double garage, large enough for a 25' boat andvehicle. Being sold as-is.
Features
Bedrooms
Bedrooms: 3
Bathrooms
Bathrooms: 2
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Open Porch/Lanai, Storage
View: Landscaped Area, Partial Gulf
Price History
01/17/2024

Date

Price Reduced

Event

$987.5K

Price

-14.13%

Change Rate

$231 ft2 / $2,486 m2

Price Per

12/29/2023

Date

Listed

Event

$1.2M

Price

$269 ft2 / $2,896 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Teresa BakerVIP Realty Group,Inc • Buyer Agency Compensation 2.5%.

Instant Comparative Market Analysis
$400/ft²
$700/ft²
$1,000/ft²
$1,400/ft²

Unit 440 Gulf Dr – Asking

$529/ft²

(-58%) from Closed Medium $/ft²

Closed Medium $/ft²

$1,263/ft²
Community $/Price Range (Closed) $1263/ft² – $1263/ft²
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