827 E Gulf Drive Unit L1, Sanibel, FL 33957

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

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List Price
$749,000
Status
ACTIVE
MLS#
225008077
Bedrooms
2
Bathrooms
2
Living Area
1,040
Development
Sanibel Arms West Condo
Subdivision
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

Taxes
$1,840
Building Design
Low Rise (1-3)
Year Built
1974
Community Type
Condo Hotel Community, Near Hotel/Motel
Construction
Block, Concrete, Stucco
Living Area
1,040
Interior Features
Breakfast Bar, Living/Dining Room, Shower Only, Separate Shower, Cable TV, High Speed Internet, Split Bedrooms
Amenities
Beach Rights, Basketball Court, Boat Dock, Beach Access, Boat Ramp, Bike Storage, Clubhouse, Laundry, Pool, Storage, Tennis Court(s), Management
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Central, Electric
Flooring
Tile
Exterior Features
Security/High Impact Doors, Outdoor Shower, Tennis Court(s)
View
Bay, Gulf, Partial
Gulf Access
Yes
Gulf Access Type
Bridge(s)/Water Indirect
Waterfront
Yes
Waterfront Description
Gulf
Water
Public
Sewer
Public Sewer
Pool Description
Community
Pets
No

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Calculator source: Real Geeks

Listing courtesy of Royal Shell Real Estate, Inc..