Condo For Sale

$719,000

HOA
$665/mo.

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979 E Gulf Drive Unit E572

  • 2 beds
  • 2 baths
  • 1,184 sqft
  • $607 per sqft
  • 1975 build
  • on site

Well-appointed and open 2nd floor condo unit is a top grossing Rental in Loggerhead Cay. Located in a building directly on the beach, gross rentals have exceeded $68,000 annually since 2017. 2021 has over $20,000 in rental income on the books. The master in this 2nd floor unit overlooks the beautiful pool and lush grounds. The lanai and living area have views of the Gulf and the pool. Each bedroom has an adjacent separate bathroom. This popular, turnkey, updated condo has double the average rentals and cash flow of other units, qualifying for extra personal use without losing tax advantages. Hurricane impact windows throughout make the condo safe, quiet and energy efficient, with a preferred insurance rate. Its dual built-in UV air sterilization kills 99.9% of viruses and other pathogens. A complementary portable UV system adds peace of mind. You can’t beat this condo for family enjoyment, safety and income in one of Sanibel’s most popular Gulf-front condominium resorts. Convenient to the heart of Sanibel, with quick mainland access. Enjoy the beach while others sit in traffic.

FGCMLS logo Listing courtesy of FGCMLS / SanCap Gateway Realty

Last checked: Checking… • Last updated Mar 3, 2021 • Source: FGCMLS

MLS# 220061322 —

Amenities & Taxes

The Building

Year Built:
1975
Construction Materials:
Block, Concrete, Stucco
Architectural Style:
Garden Home, Mid Rise
Stories Total:
4
Roof:
Built-Up, Flat
Window Features:
Impact Glass
Entry Level:
2
Patio And Porch Features:
Porch, Screened
Exterior Features:
Courtyard, Sprinkler/Irrigation, Outdoor Shower, Tennis Court(s)
Building Area Total:
1184
Building Area Source:
Appraiser
Unit Number:
E572
Direction Faces:
Northeast

Interior

Furnished:
Furnished
Interior Features:
Breakfast Bar, Built-in Features, Living/Dining Room, Separate Shower, Cable TV, High Speed Internet, Split Bedrooms
Living Area:
1184
Living Area Source:
Appraiser
Flooring:
Carpet, Tile

Location

Directions:
Drive over the Sanibel Causeway go through the first stop sign and continue on to Lindgren which dead ends at East Gulf, make a right and 2nd drive on the left is Loggerhead Cay.

The Property

Property Type:
Residential
Property SubType:
Condominium
Property Condition:
Resale
Lot Size Units:
Acres
Lot Dimensions Source:
Appraiser
Lot Size Source:
Appraiser
Lot Features:
Irregular Lot, See Remarks
View:
Gulf, Landscaped, Pool, Partial, Water
View:
1
Irrigation Source:
Municipal
Parcel Number:
30-46-23-T2-0070E.5720

Listing Agent

Contact info:

Taxes

Tax Year:
2018
Tax Block:
70E
Tax Lot:
572
Tax Annual Amount:
6660
Tax Legal Description:
LOGGERHEAD CAY PHSE 2 COND BLDG E OR 1080 PG 1784 UNIT 572

Beds

Bedrooms Total:
2

Baths

Bathrooms Total:
2
Bathrooms Full:
2

The Listing

Virtual Tour:
Virtual Tour
Virtual Tour:
Virtual Tour

Heating & Cooling

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

Utilities

Sewer:
Public Sewer

Appliances

Appliances:
Dryer, Dishwasher, Electric Cooktop, Freezer, Microwave, Refrigerator, Washer

The Community

Subdivision Name:
LOGGERHEAD CAY CONDO
Community Features:
Elevator, Near Hotel/Motel, Non-Gated, Tennis Court(s)
Waterfront:
Yes
Waterfront Features:
Beach Front, Gulf
Spa:
No
Pool Private:
No
Pool Features:
Community
Pets Allowed:
Call, Conditional
Association:
Yes
Association Amenities:
Beach Rights, Bike Storage, Clubhouse, Guest Suites, Barbecue, Picnic Area, Pool, Shuffleboard Court, Storage, Tennis Court(s), Trail(s)
Association Fee:
665
Association Fee Includes:
Association Management, Cable TV, Insurance, Internet, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Trash, Water, Pool(s)
Association Fee Frequency:
Monthly
Number Of Units In Community:
168
Common Interest:
Condominium

Parking

Garage:
No
Parking Features:
Assigned, One Space

Schools

Rating Details
10

The Sanibel School

  • Public
  • K-8
  • 4.7 mi
4

Cypress Lake High School

  • Public
  • 9-12
  • 11.1 mi
7

Cypress Lake Middle School

  • Public
  • 6-8
  • 11.3 mi
3

South Fort Myers High School

  • Public
  • 9-12
  • 13.7 mi
4

Estero High School

  • Public
  • 9-12
  • 15.1 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Monthly cost estimate

979 E Gulf Drive Unit E572

Asking price

$719,000

Mortgage Principal & interest
Assumes 20% down, 30 yr.
fixed, good credit

$2,453

Taxes $555
Insurance $197
HOA fees $665
Utilities $143 See report
Total $4,013/mo.*
*This is an estimate

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979 E Gulf Drive Unit E572
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