Listing Provided Courtesy of VIP Realty Sanibel and CaptivaThis stunning Gulf-view condo offers everything you need for a perfect coastal retreat or a solid investment. Featuring 2 beautifully renovated bedrooms and 2 baths, the condo exudes charm and comfort. Step outside and enjoy the gorgeous beach just moments away, or take advantage of the canal for some peaceful boating. The amenities are exceptional with a pool, tennis courts, and the opportunity for impressive rental income. With on-site rental management bringing in over $75,000 per year, the potential for return on investment is fantastic. Plus, Sanibel Arms West is about to open for rentals, offering even more opportunities to capitalize on this prime location. Don’t miss out on this incredible opportunity—whether you’re looking for a vacation home or a lucrative rental property, this condo checks all the boxes!
Property Details
Price:
$749,000
MLS #:
225008077
Status:
Active
Beds:
2
Baths:
2
Address:
827 E Gulf DR # L1
Type:
Lowrise
Subtype:
Low Rise (1-3)
Subdivision:
SANIBEL ARMS WEST CONDO
Neighborhood:
SANIBEL ARMS WEST CONDO
City:
SANIBEL
Listed Date:
Jan 21, 2025
State:
FL
Finished Sq Ft:
1,260
Total Sq Ft:
1,260
ZIP:
33957
Year Built:
1974
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Schools
Interior
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/ Freezer, Washer
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Central Electric
Flooring
Tile
Heating
Central Electric
Laundry Features
Common Area, Laundry in Residence
Exterior
Architectural Style
Florida, Low Rise (1-3)
Association Amenities
Basketball Court, Beach Access, Bike Storage, Clubhouse, Common Laundry, Community Gulf Boat Access, Pool, Storage, Internet Access, Tennis Court(s)
Community Features
Clubhouse, Pool, Tennis Court(s)
Construction Materials
Concrete Block, Stucco
Exterior Features
Concrete Dock, Screened Lanai/ Porch, Outdoor Shower, Tennis Court(s)
Other Structures
Tennis Court(s)
Roof
Built- Up
Security Features
Smoke Detector(s)
Financial
HOA Fee
$43,416
Tax Year
2023
Taxes
$1,841
Map
Community
- Address827 E Gulf DR # L1 SANIBEL FL
- SubdivisionSANIBEL ARMS WEST CONDO
- CitySANIBEL
- CountyLee
- Zip Code33957
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