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
Listing Price
$749,000
Days on Market
553
MLS#
225008077
Bedrooms
2
Bathrooms
2
Living Sq. Ft
1,040
Property Class
Condo
Building Design
Low Rise (1-3)
Status Type
Resale
Status
ACTIVE
County
Lee
Region
SI01 - Sanibel Island
Development
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
Beach Rights, Basketball Court, Boat Dock, Beach Access, Boat Ramp, Bike Storage, Clubhouse, Laundry, Pool, Storage, Tennis Court(s), Management
Community Type
Condo Hotel Community, Near Hotel/Motel
View
Bay, Gulf, Partial
Waterfront Description
Gulf
Building Description
Florida, Low Rise
Construction
Block, Concrete, Stucco
Rear Exposure
SW
Roof
Built-Up, Flat
Flooring
Tile
Exterior Features
Security/High Impact Doors, Outdoor Shower, Tennis Court(s)
Water
Public
Sewer
Public Sewer
Cooling
Central Air, Ceiling Fan(s), Electric
Interior Features
Breakfast Bar, Living/Dining Room, Shower Only, Separate Shower, Cable TV, High Speed Internet, Split Bedrooms
Gulf Access
Yes
Waterfront
Yes
Unit Floor
1
Furnished Description
Unfurnished

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Calculator source: Real Geeks

Courtesy of Royal Shell Real Estate, Inc.

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