2501 W Gulf DR #102 Active Save Request In-Person Tour Request Virtual Tour
Sanibel,FL 33957
Key Details
Property Type Condo
Sub Type Low Rise (1-3)
Listing Status Active
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $692
Subdivision Pine Cove Of Sanibel
MLS Listing ID 223069716
Bedrooms 3
Full Baths 2
Condo Fees $10,500/qua
Year Built 1986
Annual Tax Amount $7,270
Tax Year 2023
Lot Size 7,531 Sqft
Property Description
PICTURES ARE CURRENT - 6/24 - STUNNING BEACHFRONT condo on Sanibel Island is now available, offering the perfect blend of luxury and convenience. EVERYTHING BRAND NEW, including furnishings, new owners can move in immediately.
The property is part of the renowned Pine Cove complex, one of the few complexes on the island that allows 7-day rentals. This lucrative feature, combined with the condo's prime location on West Gulf Drive, presents exceptional income potential. CURRENT RENTAL PROJECTIONS indicate an impressive $160K INCOME POTENTIAL, allowing investors to start generating rental income as early as Summer 2024. Professional management is already in place, ensuring a seamless rental process.
The condo boasts 3 spacious bedrooms and a large lanai that offers breathtaking views of the Gulf and the pool. The primary suite is particularly impressive, featuring a walk-in shower and double sinks in the primary bathroom. The living room includes a designated area for a wet bar, making it ideal for entertaining guests.
This condo is a rare find, offering a beautiful, spacious, and well-located living space on Sanibel Island. Don't miss this opportunity to own a slice of paradise and enjoy the stunning Gulf views and all that this vibrant island has to offer. (Note - Unit is above covered parking and IS NOT a ground floor unit)
Location
State FL
County Lee
Area Pine Cove Of Sanibel
Rooms
Dining Room Breakfast Bar,Dining - Living
Ensuite Laundry Washer/Dryer Hookup,Laundry in Residence
Interior
Laundry Location Washer/Dryer Hookup,Laundry in Residence
Heating Central Electric
Flooring Concrete,Tile
Equipment Washer/Dryer Hookup
Exterior
Exterior Feature Screened Lanai/Porch
Garage 1 Assigned,Covered,Guest,Under Bldg Open
Pool Community
Community Features Pool
Amenities Available Barbecue,Beach Access,Pool,Spa/Hot Tub
Waterfront Yes
Waterfront Description On the Gulf Beach
View Y/N Yes
View Gulf,Pool/Club
Roof Type Built-Up
Building
Lot Description Zero Lot Line
Building Description Concrete Block,Stucco, DSL/Cable Available
Story 1
Water Central
Structure Type Concrete Block,Stucco
New Construction No