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2501 W Gulf Drive UNIT 102,  Sanibel, FL 33957

MLS# 223069716.  3 beds.  2.0 baths.  Condo.  Active

Unfurnished.

$1,475,000   Reduced by $100,000 (6.8%)

 

Remarks:

Complete REMODEL in process with projected completion May 2024! 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. The stunning Gulf views are unbeatable, and it is one of the few 3-bedroom units on the island that ALLOWS 7-DAY RENTALS. 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. Updated rental projections show $116K NET INCOME POTENTIAL! Start generating income Summer 2024. Professional management in place.

Quick Info:

  • Listing is courtesy Of: Royal Shell Real Estate, Inc. ((239-322-5680))
  • Listing Agent: Ross Winchel ((239-898-1214))
  • Days on yellowkey: 215
  • Property Type: Condo
  • Beds: 3
  • Baths: 2.0
  • Living Area Square Feet: 1950
  • Built 1986
  • PINE COVE OF SANIBEL OR 1787 PG 3886 UNIT 102
  • Pool: Yes
  • Garage Spaces:0 ()
  • Square Feet: 2130
  • Fees: $0
  • Lee County
  • Terms:
  • Subdivision Info:
  • Pet Restrictions: No
  • Occupancy Information:
  • Community:
  • Membership Purchase Required:
  • Development Name:
  • Subdivision Name: Pine Cove Of Sanibel
  • Complex Name:

Interior Details:

  • Interior Levels:
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  • Master Bathroom Description:
  • Interior Features: Breakfast Bar, Entrance Foyer Entry, Living/Dining Room, Main Level Primary, None, Sitting Area in Primary, Cable TV, Walk-In Closet(s)
  • Dining Description:
  • Unfurnished
  • Floor:
  • Cooling: Central Cooling Air, Electric Cooling
  • Heating: Central, Electric
  • Equipment/Appliances:
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  • Windows Treatment:
  • Cable Available
  • Water Utility:

Exterior/Other Details:

  • Design:
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  • Garage Description:
  • Carport Spaces: 0
  • Carport Description:
  • Parking Description: Assigned, Covered, Underground, Guest, One Space
  • Pool Description: Community
  • Pool Dimensions:
  • Lot: Zero Lot Line Acres
  • Front Exposure:
  • Exterior Features: Security/High Impact Doors, None
  • Roof Description:Built-Up Roof, Flat
  • Security:
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  • Miscellaneous:
  • View:Gulf, Pool
  • Waterfront Front:
  • Waterfront Description: Beach Front
  • Water Access:

History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
4/11/2024Sale195223069716Price Change$1,475,000-6.35%756.4102MLS
9/29/2023Sale0223069716Listed for Sale$1,575,000-807.6923MLS




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