Price Reduction - Waterfront - No HOA Fees
Address
3215 W Gulf Drive # E101, Sanibel, FL
Price
$ 1,749,000
Property Attributes
  • MLS#224009513
  • TypeCondos
  • CountyLEE
  • CitySanibel
  • AreaSI01 - Sanibel Island
  • NeighborhoodSomerset At The Reef
  • Zip33957
  • StyleContemporary,Low Rise
  • Year Built1988
  • Taxes$ 4748
  • Price$ 1,749,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2023
  • Lot Size0.1116 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

Don't miss this rare opportunity to own a 3-bed/2.5-bath condo at Somerset at the Reef, located on the pristine shores of Sanibel. This first-level living condo is an architectural delight, beloved by the public for its unique design and appeal. Featuring 2,023 square feet of living space, this condo features impact windows and several rooms with views of the pool and Gulf. Enjoy the tranquility of a low-density complex with designated parking and storage units under the building. As an end unit, you'll relish added privacy and space. Somerset offers residents access to an oversized community pool with breathtaking Gulf views, tennis & pickleball courts. Situated on six acres, this low-density complex comprises just 30 units, ensuring a peaceful atmosphere. Additionally, there is $102,648.58 in insurance proceeds allocated to the unit for repair & remodeling to add your personal style. Approval from the Board of Directors is required before utilizing these funds, which can only be used for remodeling purposes. This is your chance to embrace the private and perfect island lifestyle you've been dreaming of!

Elementary School
Sanibel School Elementary School
Price History
2/23/2024 Listed $1,849,000
5/13/2024 6% - $1,749,000

General Features

Interior Features Breakfast Bar,Bathtub,Family/Dining Room,Living/Dining Room,See Remarks,Separate Shower,Cable TV,Walk-In Closet(s),High Speed Internet,Split Bedrooms
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air,Electric
Utilities Cable Available,High Speed Internet Available
Possession Close Of Escrow,Negotiable
Roof Built-Up,Flat
Exterior Features Courtyard,Tennis Court(s)
Garage Spaces 1
Association Fee Includes Cable TV,Insurance,Internet,Legal/Accounting,Maintenance Grounds,Pest Control,Reserve Fund,Sewer,Trash,Water
Patio/Porch Features Lanai,Porch,Screened
Architectural Style Contemporary,Low Rise
Pool Features Community
Construction Materials Concrete,Stucco
Pets Allowed Call,Conditional
Year Built 1988
View Gulf
Unit Number E101
Property SubType Condominium
Tax Year 2022
Percent Ownership Condo
Waterfront Features Beach Front,Gulf
Community Features Condo Hotel Community,Elevator,Near Hotel/Motel,Non-Gated
County Lee
Property Type Residential
Association Amenities Beach Rights,Beach Access,Barbecue,Picnic Area,Pickleball,Pool,Storage,Tennis Court(s)
HOA / Comm Assn Yes
Subdivision Name SOMERSET AT THE REEF
Facing Direction Northeast
Garage Y/N Yes
Status Active
Directions Located on West Gulf Drive. Take Periwinkle to Tarpon Bay,go south to West Gulf and then west to Somerset. Building is first living level in the E building
City SANIBEL
Disclosures Coastal Zone,Seller Disclosure,Special Assessment
View Y/N Yes
MLS Area SI01 - Sanibel Island
Waterfront Y/N Yes
Street Name Gulf
Elementary School SANIBEL SCHOOL
Tax Annual Amount 4748.02
Property Condition Known Damage
Days on Market 86
Structure Type Low Rise
Standard Status Active
Tax Lot 101
Property Sub Type Additional Condominium
PostalCity SANIBEL
Legal Description SOMERSET AT THE REEF OR 1933 PG 1705 UNIT E-101
Adult Family Homes Condominium
Condo Fee 3200

Interior Features

Flooring Concrete
Furnished Y/N Unfurnished
Total Stories 3
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Impact Glass
Full Baths 2
Half Baths 1
Street Suffix Drive
Laundry Features Inside
Total Bedrooms 3
Entry Level 1
Room Type Bathroom,Guest Quarters,Screened Porch,Great Room
LivingAreaSource Appraiser
Total Baths 3

Exterior Features

Parking Features Assigned,Covered,Detached,Underground,Garage,Guest,One Space
Lot Features Zero Lot Line
Water Source Public
Lot Size Area 0.1116
Canal Width None
Building Area Total 2358
Lot Size Acres 0.1116
Road Surface Type Paved
Lot Size Units Acres
Lot Size Source Appraiser
Covered Spaces 1
Road Responsibility Public Maintained Road
LotDimensionsSource Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 33957

Price
AVG $1.11M
$1.75M
Taxes
AVG $6,422
$4,748
Visits
AVG 115
132
Data Provided by Inside Real Estate®
Year Built
AVG 1978
1988

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