2501 W Gulf Dr Unit 102, Sanibel, FL 33957
- $1,100,000
- 3
- BD
- 2
- BA
- 1,950
- SqFt
- Sold Price
- $1,100,000
- List Price
- $1,195,000
- Listing Price
- $1,195,000
- Days on Market
- 21
- Closing Date
- Jan 31, 2025
- MLS#
- 225003434
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 1,950
- Total Area
- 2,130
- Acres
- 0.17
- Property Class
- Condo
- Building Design
- Low Rise (1-3)
- County
- Lee
- Region
- SI01 - Sanibel Island
- Development
- Pine Cove Of Sanibel
- Building Name
- Pine Cove Of Sanibel
Property Description
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 immediately. 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)
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Additional Information
- Year Built
- 1986
- furnished
- Furnished
- Pets
- No
- Amenities
- BBQ - Picnic, Beach Access, Pool, Community Spa/Hot tub, Non-Gated
- View
- Gulf, Pool/Club, Water
- Boat Access
- None
- Waterfront Description
- On the Gulf Beach
- Lot Description
- Zero Lot Line
- Construction
- Concrete Block, Elevated, Piling, Concrete, Stucco
- Parking
- 1 Assigned, Covered, Under Bldg Open
- Roof
- Built-Up or Flat
- Flooring
- Tile
- Windows
- Impact Resistant, Impact Resistant Windows
- Exterior Features
- None
- Water
- Central
- Sewer
- Central
- Cooling
- Central Electric
- Irrigation
- None
- Interior Features
- Common Elevator, Great Room, Guest Bath, Guest Room, Bar, Built-In Cabinets, Wired for Data, Entrance Foyer, Walk-In Closet(s)
- Equipment/Appliances Included
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Washer
- Dining Description
- Breakfast Bar, Dining - Living
- Master Bath Description
- Dual Sinks, Separate Tub And Shower
- Total Tax Bill
- $4,950
- Tax Year
- 2024
- Condo Fee
- $14500
- Condo Fee Frequency
- Quarterly
- Total Floors
- 1
- Min. Days Of Lease
- 7
- Num of Leases/Yr
- 52
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Listing courtesy of Royal Shell Real Estate, Inc.. Selling Office: Berkshire Hathaway Florida.