827 E Gulf Dr Unit L1, Sanibel, FL 33957

$749,000
2
BD
2
BA
1,040
SqFt

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List Price
$749,000
Listing Price
$749,000
Days on Market
554
MLS#
225008077
Bedrooms
2
Bathrooms
2
Living Sq. Ft
1,040
Total Area
1,260
Property Class
Condo
Building Design
Florida
County
Lee
Region
SI01 - Sanibel Island
Development
Sanibel Arms West Condo
Building Name
Sanibel Arms West Condo

Property Description

This stunning Gulf-view condo offers everything you need for a perfect coastal retreat or a solid investment. Featuring 2 beautifully renovated bedrooms and 2 baths, the condo exudes charm and comfort. Step outside and enjoy the gorgeous beach just moments away, or take advantage of the canal for some peaceful boating. The amenities are exceptional with a pool, tennis courts, and the opportunity for impressive rental income. With on-site rental management bringing in over $75,000 per year, the potential for return on investment is fantastic. Plus, Sanibel Arms West is about to open for rentals, offering even more opportunities to capitalize on this prime location. Don’t miss out on this incredible opportunity—whether you’re looking for a vacation home or a lucrative rental property, this condo checks all the boxes!

Additional Information

Year Built
1974
furnished
Unfurnished
Pets
No
Amenities
Basketball, Beach Access, Bike Storage, Clubhouse, Community Gulf Boat Access, Pool, Extra Storage, Internet Access, Tennis Court(s), Condo/Hotel
View
Partial Bay, Gulf
Boat Access
Concrete Dock
Waterfront Description
Gulf Frontage
Lot Description
Oversize
Construction
Concrete Block, Stucco
Roof
Built-Up or Flat
Flooring
Tile
Windows
Impact Resistant, Impact Resistant Windows
Exterior Features
Concrete Dock, Outdoor Shower, Tennis Court(s)
Water
Central
Sewer
Central
Cooling
Ceiling Fan(s), Central Electric
Irrigation
Central
Interior Features
Split Bedrooms, Wired for Data
Equipment/Appliances Included
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
Dining Description
Breakfast Bar, Dining - Living
Master Bath Description
Shower Only
Total Tax Bill
$1,840
Tax Year
2023
Condo Fee
$1618
Condo Fee Frequency
Monthly
Special Assessment Fee Frequency
Monthly
Total Floors
2
Min. Days Of Lease
7
Num of Leases/Yr
52

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Royal Shell Real Estate, Inc..