Waterfront
Address
2501 W Gulf Drive # 102, Sanibel, FL
Price
$ 1,475,000
Property Attributes
- MLS#223069716
- TypeCondos
- CountyLEE
- CitySanibel
- AreaSI01 - Sanibel Island
- NeighborhoodPine Cove Of Sanibel
- Zip33957
- StyleNone,Low Rise
- Year Built1986
- Taxes$ 7270
- Price$ 1,475,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1950
- Lot Size0.1729 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description
Beautiful REMODEL nearly complete - EVERYTHING is NEW, including FURNISHINGS! PHOTOS UPDATED as of 4/25 reflect the current progress. Current Rental projections indicate $116K NET INCOME POTENTIAL! Start generating rental income immediately in Summer 2024. Professional management is in place. The stunning Gulf views are unbeatable, and PINE COVE is one of the few complexes on the island that ALLOWS 7-DAY RENTALS & Unit 102 is a 3-bedroom unit. If you are in search of a beautiful, spacious, and well-located condo on Sanibel Island, this is the ideal opportunity for you. This BEACHFRONT 3-BEDROOM CONDO on Sanibel Island is a rare find. It is already in an established, SUCCESSFUL, VACATION RENTAL PROGRAM. There is plenty of room to spread out, with 1,950 SQ FT plus a LARGE LANAI with views of the Gulf and Pool. The primary suite is huge, & the primary bathroom has a walk-in shower and double sinks. The living room includes an area for a wet bar, so you can entertain guests in style. There is also one ASSIGNED COVERED parking spot and a storage closet. The condo is located on West Gulf Drive, close to all of the island's amenities, including restaurants and shops.
| Price History | |
|---|---|
| 9/29/2023 | Listed $1,575,000 |
| 4/11/2024 | 7% - $1,475,000 |
General Features
| Interior Features | Breakfast Bar,Entrance Foyer,Living/Dining Room,Main Level Primary,None,Sitting Area in Primary,Cable TV,Walk-In Closet(s) |
|---|---|
| Sewer | Public Sewer |
| Heating | Central,Electric |
| Cooling | Central Air,Electric |
| Utilities | Cable Available,High Speed Internet Available |
| Possession | Close Of Escrow |
| Roof | Built-Up,Flat |
| Condo Fee | 5500.00 |
| Exterior Features | Security/High Impact Doors,None |
| Association Fee Includes | Association Management,Legal/Accounting,Maintenance Grounds,Pest Control,Sewer,Trash,Water |
| Patio/Porch Features | Lanai,Porch,Screened |
| Architectural Style | None,Low Rise |
| Pool Features | Community |
| Construction Materials | Block,Concrete,Stucco |
| Pets Allowed | No |
| Year Built | 1986 |
| View | Gulf,Pool |
| Unit Number | 102 |
| Property SubType | Condominium |
| Tax Year | 2023 |
| Percent Ownership | Condo |
| Waterfront Features | Beach Front |
| Community Features | Elevator,Non-Gated |
| County | Lee |
| Property Type | Residential |
| Association Amenities | Beach Rights,Beach Access,Barbecue,Picnic Area,Pool,Spa/Hot Tub |
| HOA / Comm Assn | Yes |
| Subdivision Name | PINE COVE OF SANIBEL |
| Facing Direction | North |
| Status | Active |
| City | SANIBEL |
| Disclosures | RV Restriction(s) |
| View Y/N | Yes |
| MLS Area | SI01 - Sanibel Island |
| Waterfront Y/N | Yes |
| Street Name | Gulf |
| Tax Annual Amount | 7270 |
| Property Condition | Known Damage |
| Days on Market | 227 |
| Structure Type | Low Rise |
| Standard Status | Active |
| Tax Lot | 102 |
| Property Sub Type Additional | Condominium |
| PostalCity | SANIBEL |
| Legal Description | PINE COVE OF SANIBEL OR 1787 PG 3886 UNIT 102 |
| Adult Family Homes | Condominium |
| Condo Fee | 10500 |
Interior Features
| Flooring | Concrete,Tile |
|---|---|
| Furnished Y/N | Unfurnished |
| Total Stories | 1 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Impact Glass |
| Full Baths | 2 |
| Street Suffix | Drive |
| Laundry Features | Washer Hookup,Dryer Hookup,Inside |
| Total Bedrooms | 3 |
| Entry Level | 1 |
| Room Type | Bathroom,Guest Quarters,Screened Porch,Great Room |
| LivingAreaSource | Builder |
| Total Baths | 2 |
Exterior Features
| Parking Features | Assigned,Covered,Underground,Guest,One Space |
|---|---|
| Lot Features | Zero Lot Line |
| Water Source | Public |
| Lot Size Area | 0.1729 |
| Boat Access | None |
| Building Area Total | 2130 |
| Lot Size Acres | 0.1729 |
| Lot Size Units | Acres |
| Lot Size Source | Appraiser |
| LotDimensionsSource | Appraiser |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 33957
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 24, 2024 12:45 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
