1. Home
  2. Florida
  3. Lee County
  4. Sanibel
  5. E Gulf Dr

487 E Gulf Dr, Sanibel, FL 33957 Property Records

Lee County property record for 487 E Gulf Dr, Sanibel, FL 33957

Property Summary

Property TypeCondominium
Details3 bd · 4.5 ba · 3,930 sqft · built 1982
Lot Size0.081 acres (3,508 sqft)
Owner2 Trust Names on File
Last Sale$975,000 (Sep 2025)
Tax Bill$11,067 (2025)
Deeds & MortgagesSep 2025 Sale
May 2017 Sale
Flood ZoneZone VE (high risk)
APN20-46-23-T3-03100.4870

Property Details

APN / Parcel Number

Primary APN20-46-23-T3-03100.4870
Alternative APNs
  • 232046T3031004870
  • 10126217

Interior

Bedrooms3 Beds
Full Baths4.5 Baths
Half Baths1 Half Bath
Stories1 Story
Building Area3,930 sqft Living Area
Gross Area4,528 sqft
1st Floor Area3,116 sqft
Upper Floors Area1,372 sqft
FlooringTile
Interior WallsWallboard/Drywall
ElevatorElevator

Exterior

Year BuiltBuilt 1982
Effective Year BuiltEffective 2006
Architectural StyleDuplex Single
Exterior MaterialConcrete Block
Roof TypeFlat
Roof MaterialBuilt-Up Asphalt
Lot Area3,508 sqft (0.081 acres)
Garage TypeAttached
Garage Area1,406 sqft
Parking Spaces2 Parking Spaces
PorchFlorida Room
Porch Area348 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelElectric

Location & Zoning

Account Number10126217
Street Address487 E GULF DR
CitySANIBEL
StateFL
Zip33957-7219
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Legal DescriptionTIGUA CAY CONDO OR 1649 PG 2645 UNIT 487
Legal Range23E
Legal Township46S
Legal Section20
Legal SubdivisionTIGUA CAY CONDO
Legal TractT3
Legal Block1
Legal Lot Number487
Legal Unit487
JurisdictionLEE FL
Township / Civil DivisionSANIBEL ISLAND
Census Block Group1
Census Block1000
Census Tract80202

Owner

487 E Gulf Dr, a condominium, is held in a trust since September 2025.

Source: Lee County records, as of August 26, 2026

Owner of Record2 Trust Names on File
Mailing Address1209 TURNPIKE RD, NORWICH, VT 05055-9567
Owner TypeCompany
VestingTrust

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

DateDocument
Sep 29, 2025Warranty Deed, Transfer
ACCOMODATION, ACCOMMODATION
May 12, 2017Warranty Deed, Transfer
TITLE GROUP, TITLE GROUP SERVICES LIMITED

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleSep 29, 2025 · Amount on File
Deed SaleSep 29, 2025 · Amount on File
Deed Document Number2025260489
Prior Transfer DateDec 15, 2016
Prior Transfer Doc0000271031
Record UpdatedOct 29, 2026

September 2025: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionLEE FL
Recording DateSep 29, 2025
Property Address487 E GULF DR, SANIBEL, FL 33957-7219
Document Number0000260489
Map ReferenceMB 1649 PG 2645-2710
Instrument DateSep 25, 2025
Instrument2025000260489
Transaction TypeTransfer
Record UpdatedNov 3, 2025
Title CompanyACCOMODATION, ACCOMMODATION

Transaction

AmountAmount on Record
Tax$6,825.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address7466 LITTLE LN # 406, 406, NAPLES, FL 34105-7291

Transferred To (Grantee/Buyer)

NameVerified Name
Address1209 TURNPIKE RD, NORWICH, VT 05055-9567

May 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionLEE FL
Recording DateMay 12, 2017
Property Address487 E GULF DR, SANIBEL, FL 33957-7219
Document Number0000105040
Instrument DateMay 11, 2017
Instrument105040
Transaction TypeTransfer
Record UpdatedJun 27, 2017
Title CompanyTITLE GROUP, TITLE GROUP SERVICES LIMITED

Transaction

AmountAmount on Record
Tax$11,200.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address5501 HERITAGE CT WESTERN SPRINGS IL 605582273, WESTERN SPRINGS, IL 60558-2273

Tax Assessment & Valuation

The 2025 property tax bill for 487 E Gulf Dr was $11,067, down 0.1% from the year before.

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

Property Jurisdictions

TypeName
StateFlorida
CountyLee County
MunicipalitySanibel City
Unified School DistrictLee County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$765,132 (+2.6%) Building $765,132$765,132 (+2.6%) Building $765,132
2025$11,067.00 (-0.13%)$745,714 (-) Building $745,714$745,714 (-) Building $745,714
2024$11,081.00 (-49.67%)$745,714 (-50.41%) Building $745,714$745,714 (-50.41%) Building $745,714
2023$22,015.00 (+24.96%)$1,503,655 (+15.92%) Building $1,503,655$1,503,655 (-18.24%) Building $1,503,655
2022$17,617.00 Homeowner's exemption$1,297,102$1,838,996 Building $1,838,996

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 487 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 ZoneZone VE
high risk · coastal, wave action
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood Elevation13.0 ft
Flood Insurance RequirementRequired
federally backed loans
Flood Insurance CostPremium on File
median of 465 individual policies
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies1,022 units insured
incl. 557 condo units
Nearby Flood Claims1,006 (1982–2024)
Most Recent ClaimOct 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 487 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 RiskNot 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 SystemISLAND WATER ASSOCIATION
serves 14,784 people · EPA ID FL5360146
Water SourceGroundwater
Last State InspectionApr 2025
LeadUnder 1 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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

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

May also be available: Verizon.

Nearby Properties on E Gulf Dr

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures