979 E Gulf Dr Unit 513, Sanibel, FL 33957

$1,115,000
2
BD
2
BA
1,235
SqFt

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Sold Price
$1,115,000
List Price
$1,295,000
Listing Price
$1,295,000
Days on Market
56
Closing Date
Nov 30, 2023
MLS#
223071965
Bedrooms
2
Bathrooms
2
Living Sq. Ft
1,235
Total Area
1,425
Acres
0.39
Property Class
Condo
Building Design
Mid Rise (4-7)
County
Lee
Region
SI01 - Sanibel Island
Development
Loggerhead Cay Condo
Building Name
Loggerhead Cay Condo

Property Description

Welcome to Loggerhead Cay E513! This furnished 2 bedroom, 2 bathroom, 2 balcony, 3rd floor corner unit is an extremely rare offering in one of the island’s very best and most desirable “blue chip” beach front condo communities. Find your inner peace from the sounds and cool breezes of the Gulf of Mexico, Enjoy the unparalleled views of the beautiful white sandy beach and sparkling turquoise waters from nearly every room, relax and stretch out in the spacious and inviting living areas or one of your beach front lanais, and sleep comfortably on a premier rental return grossing comfortably in the 6 figures. Loggerhead Cay is slated to have full power restored 11/1/23, and rentals can commence at that time. The condo did suffer some water damage from the unit above during Hurricane Ian, but is an opportunity for the new owner to complete the interior to their taste. Fully wind mitigated with all impact doors, windows, and sliders, A/C pumping cold air, and offered furnished, not much work is needed to enjoy one of Sanibel’s best investment opportunities to the fullest by this season and then for a lifetime. No Assessments planned or proposed!!

Additional Information

Year Built
1975
furnished
Unfurnished
Pets
Number Limit
Amenities
Basketball, BBQ - Picnic, Beach - Private, Bike Storage, Clubhouse, Pool, Community Room, Community Spa/Hot tub, Extra Storage, Internet Access, Pickleball, Condo/Hotel
View
Gulf
Boat Access
None
Waterfront Description
Gulf Frontage, On the Gulf Beach
Lot Description
Zero Lot Line
Lot Frontage
999
Construction
Concrete Block, Concrete, Stucco
Parking
2+ Spaces, Common, Guest, Paved
Roof
Built-Up or Flat
Flooring
Carpet, Tile
Windows
Impact Resistant, Single Hung, Sliding, Impact Resistant Windows, Shutters Electric
Exterior Features
Balcony, Storage, Tennis Court(s)
Water
Central
Sewer
Central
Cooling
Ceiling Fan(s), Central Electric
Irrigation
Central
Interior Features
Common Elevator, Split Bedrooms, Great Room, Family Room, Guest Bath, Guest Room, Other
Equipment/Appliances Included
Other
Dining Description
Breakfast Bar, Dining - Family, Dining - Living
Kitchen
Kitchen Island, Pantry
Master Bath Description
Dual Sinks, See Remarks
Total Tax Bill
$12,821
Tax Year
2022
Total Floors
4
Min. Days Of Lease
7
Num of Leases/Yr
52

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway Florida. Selling Office: DomainRealty.com LLC.