485 E Gulf Dr, Sanibel, FL 33957 Property Records

Lee County property record for 485 E Gulf Dr, Sanibel, FL 33957

Property Summary

Property Type	Condominium
Details	2 bd · 2.5 ba · 3,693 sqft · built 1982
Lot Size	0.084 acres (3,644 sqft)
Owner	2 Company Names on File
Last Sale	$1,950,000 (Jun 2020)
Tax Bill	$11,067 (2025)
Deeds & Mortgages	Jul 2020 Mortgage Apr 2021 Transfer + 3 more
Flood Zone	Zone VE (high risk)
APN	`20-46-23-T3-03100.4850`

Property Details

APN / Parcel Number

Primary APN	`20-46-23-T3-03100.4850`
Alternative APNs	`232046T3031004850` `10126216`

Interior

Bedrooms	2 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Stories	1 Story
Building Area	3,693 sqft Living Area
Gross Area	4,586 sqft
1st Floor Area	2,886 sqft
Upper Floors Area	1,372 sqft
Flooring	Tile
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1982
Effective Year Built	Effective 2006
Architectural Style	Duplex Single
Exterior Material	Concrete Block
Roof Type	Flat
Roof Material	Built-Up Asphalt
Lot Area	3,644 sqft (0.084 acres)
Garage Type	Attached
Garage Area	1,406 sqft
Parking Spaces	4 Parking Spaces
Porch	Florida Room
Porch Area	378 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Electric

Location & Zoning

Account Number	10126216
Street Address	485 E GULF DR
City	SANIBEL
State	FL
Zip	33957-7219
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Legal Description	TIGUA CAY CONDO OR 1649 2645 UNIT 485
Legal Range	23E
Legal Township	46S
Legal Section	20
Legal Subdivision	TIGUA CAY CONDO
Legal Tract	T3
Legal Block	1
Legal Lot Number	485
Legal Unit	485
Jurisdiction	LEE FL
Township / Civil Division	SANIBEL ISLAND
Census Block Group	1
Census Block	1000
Census Tract	80202

Owner

485 E Gulf Dr, a condominium, is owned by a company that bought it in June 2020.

Source: Lee County records, as of July 29, 2026

Owner of Record	2 Company Names on File
Mailing Address	5628 LAKE MENDOTA DR, MADISON, WI 53705-1058
Owner Type	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jul 28, 2020	Deed of Trust, Mortgage · Conventional Mortgage MORGAN STANLEY PRIVATE BANK NA
Apr 13, 2021	Intrafamily Transfer, Transfer ATTORNEY ONLY, ATTORNEY
Apr 13, 2021	Intrafamily Transfer, Transfer ACCOMODATION, ACCOMMODATION
Apr 13, 2021	Intrafamily Transfer, Transfer ACCOMODATION, ACCOMMODATION
Jun 3, 2020	Warranty Deed, Transfer NOT AVAILABLE

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jun 3, 2020 · Amount on File
Deed Sale	Jun 3, 2020 · Amount on File
Prior Sale	Dec 29, 2006 · Amount on File
Deed Document Number	2020125397
Prior Transfer Date	Dec 19, 1996
Prior Transfer Doc	2779003720
Record Updated	Oct 29, 2026

July 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LEE FL
Property Address	485 E GULF DR, SANIBEL, FL 33957-7219
Transaction Type	Mortgage
Record Updated	Jul 28, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000172072
Date	Jul 28, 2020
Instrument	2020000172072

Lender

Name	MORGAN STANLEY PRIVATE BANK NA
Type	Bank
Address	CINCINNATI, OH 45245

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Aug 1, 2050

April 2021: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	LEE FL
Recording Date	Apr 13, 2021
Property Address	485 E GULF DR, SANIBEL, FL 33957-7219
Document Number	0000115745
Map Reference	MB 3369 PG 1318
Instrument Date	Mar 31, 2021
Instrument	2021000115745
Transaction Type	Transfer
Record Updated	Jul 28, 2022
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5628 LAKE MENDOTA DR, MADISON, WI 53705-1058

April 2021: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	LEE FL
Recording Date	Apr 13, 2021
Property Address	485 E GULF DR, SANIBEL, FL 33957-7219
Document Number	0000115746
Map Reference	MB 3369 PG 1318
Instrument Date	Mar 31, 2021
Instrument	2021000115746
Transaction Type	Transfer
Record Updated	Jul 28, 2022
Title Company	ACCOMODATION, ACCOMMODATION

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Common
Address	5628 LAKE MENDOTA DR, MADISON, WI 53705-1058

April 2021: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	LEE FL
Recording Date	Apr 13, 2021
Property Address	485 E GULF DR, SANIBEL, FL 33957-7219
Document Number	0000115747
Map Reference	MB 3369 PG 1318
Instrument Date	Mar 31, 2021
Instrument	2021000115747
Transaction Type	Transfer
Record Updated	Jul 28, 2022
Title Company	ACCOMODATION, ACCOMMODATION

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5628 LAKE MENDOTA DR, MADISON, WI 53705-1058

June 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LEE FL
Recording Date	Jun 3, 2020
Property Address	485 E GULF DR, SANIBEL, FL 33957-7219
Document Number	0000125397
Instrument Date	Apr 30, 2020
Instrument	125397
Transaction Type	Transfer
Record Updated	Jun 19, 2020
Title Company	NOT AVAILABLE

Transaction

Amount	Amount on Record
Tax	$13,650.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Trust
Address	5628 LAKE MENDOTA DR MADISON WI 537051058, MADISON, WI 53705-1058

Tax Assessment & Valuation

The 2025 property tax bill for 485 E Gulf Dr was $11,067.

Source: Lee County assessment roll, as of July 29, 2026

Property Jurisdictions

Type	Name
State	Florida
County	Lee County
Municipality	Sanibel City
Unified School District	Lee County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$681,450 (-8.62%) Building $681,450	$681,450 (-8.62%) Building $681,450
2025	$11,067.00	$745,714 Building $745,714	$745,714 Building $745,714
2023	$22,015.00 (+8.79%)	$1,503,655 (+3.36%) Building $1,503,655	$1,503,655 (+3.36%) Building $1,503,655
2022	$20,237.00	$1,454,723 Building $1,454,723	$1,454,723 Building $1,454,723

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 485 E Gulf Dr in Zone VE, a high-risk coastal flood area; flood insurance is required for federally backed loans.

Source: FEMA National Flood Hazard Layer, effective September 23, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone VE high risk · coastal, wave action
100-Year Floodplain	Yes 1% annual chance
Floodway	No
Base Flood Elevation	13.0 ft
Flood Insurance Requirement	Required federally backed loans
Flood Insurance Cost	Premium on File median of 465 individual policies
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	1,022 units insured incl. 557 condo units
Nearby Flood Claims	1,006 (1982–2024)
Most Recent Claim	Oct 2024 · Hurricane Milton
Claims by Event	Hurricane Ian, Nov 2022 · 288 claims Hurricane Ian, Oct 2022 · 277 claims Tropical Storm Bonnie And Hurricane Charley, Aug 2004 · 184 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 485 E Gulf Dr has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	ISLAND WATER ASSOCIATION serves 14,784 people · EPA ID FL5360146
Water Source	Groundwater
Last State Inspection	Apr 2025
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 127 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber	3,000 / 3,000
Xfinity Cable	2,000 / 250

May also be available: Verizon.

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