863 E Gulf Dr, Sanibel, FL 33957 Property Records

Lee County property record for 863 E Gulf Dr, Sanibel, FL 33957

Property Summary

Property TypeHotel
Details10 bd · 60 ba · 21,900 sqft · built 1974
Lot Size3.08 acres (134,186 sqft)
OwnerCompany Name on Record
Last Sale$3,500,000 (Oct 1998)
Tax Bill$137,100 (2025)
Flood ZoneZone AE (high risk)
APN29-46-23-T1-00001.0080

Property Details

APN / Parcel Number

Primary APN29-46-23-T1-00001.0080
Alternative APNs
  • 232946T1000010080
  • 10127526

Interior

Bedrooms10 Beds
Full Baths60 Baths
Units60 Units
Stories1 Story
Building Area21,900 sqft Gross Area
1st Floor Area7,898 sqft
Upper Floors Area6,572 sqft
FlooringTile
Interior WallsWood

Exterior

Year BuiltBuilt 1974
Effective Year BuiltEffective 1983
Architectural StyleLow Rise
Exterior MaterialConcrete Block/Stucco
Construction TypeMasonry / Concrete Block
Fire ResistanceMasonry Walls, Wood Interior
Roof TypeFlat
Roof MaterialConcrete
Lot Area134,186 sqft (3.08 acres)
Lot Dimensions480 ft deep x 200 ft wide
View / LotGulf
Garage TypeCarport
Garage Area308 sqft
CarportCarport
Carport Area308 sqft

Exterior Amenities

Pool Area1 sqft
PorchSlab
Porch Area4,207 sqft
Deck Area660 sqft
Patio Area1,200 sqft
Total Buildings4 Buildings

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelElectric

Location & Zoning

Account Number10127526
Street Address863 E GULF DR
CitySANIBEL
StateFL
Zip33957-7016
Property CategoryCommercial
Property TypeCommercial > Retail > Hotel
Legal DescriptionFR SE COR GOVT 1 SEC 30 N ON W LI OF SEC 29 731.43 TH E 408.66
Legal Range23E
Legal Township46S
Legal Section29
Legal SubdivisionSANIBEL
Legal TractT1
Legal Block1
Legal Lot Number8
JurisdictionLEE FL
Township / Civil DivisionSANIBEL ISLAND
Census Block Group1
Census Block1000
Census Tract80202

Owner

Source: Lee County records, as of October 15, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address949 SAND CASTLE RD, SANIBEL, FL 33957-3612
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleOct 6, 1998 · Amount on Record
Deed SaleOct 6, 1998 · Amount on Record
Deed Book / Page3020 / 2165
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

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$7,905,144 (-15.35%) Land $6,041,131 Building $1,864,013$7,905,144 (-23.09%) Land $6,041,131 Building $1,864,013
2025$137,100.00 (+20.01%)$9,339,040 (+10.04%)$10,278,484 (+21.1%) Land $8,490,026 Building $1,788,458
2023$114,243.00 (-15.57%)$8,487,275 (-29.78%) Land $8,487,265 Building $10$8,487,275 (-29.78%) Land $8,487,265 Building $10
2022$135,316.00$12,086,147 Land $9,932,448 Building $2,153,699$12,086,147 Land $9,932,448 Building $2,153,699

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

Flood

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

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood Elevation11.0 ft
CoastalYes
Flood Insurance RequirementRequired
federally backed loans
Flood Insurance CostPremium on Record
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

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 125 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
AT&T
Fixed Wireless
100 / 20

Nearby Properties on E Gulf Dr

Nearby Streets

Search Property Records by Address or Parcel Number