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2501 W Gulf Drive , #102

Sanibel, FL 33957
  • $1,475,000
  • STATUS: Active
  • ON SITE: 239 Days
  • MLS #: 223069716
UPDATED: 63 min ago
$1,475,000
  • 3
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,950
    SQFT
  • $756
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1986
County:
Lee

School Ratings & Info

Description

Beautiful REMODEL nearly complete - EVERYTHING is NEW, including FURNISHINGS! PHOTOS UPDATED as of 4/25 reflect the current progress. Current Rental projections indicate $116K NET INCOME POTENTIAL! Start generating rental income immediately in Summer 2024. Professional management is in place. The stunning Gulf views are unbeatable, and PINE COVE is one of the few complexes on the island that ALLOWS 7-DAY RENTALS & Unit 102 is a 3-bedroom unit. 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. 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.

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© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Clausen Properties, Inc.. Data last updated 2024-05-26T17:24:41.703.
www.clausenproperties.com/homes/143853692
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2501 W Gulf Drive , #102 Sanibel, FL 33957

  • Price: $1,475,000
  • Status: Active
  • On Site: 239 Days
  • Updated: 63 min ago
  • MLS #: 223069716
3
Beds
2
Baths
0
½ Baths
0.17
Acres
1,950
SQFT
$756
$/SQFT
1986
Built
Neighborhood:
Pine Cove Of Sanibel
County:
Lee
Area:
Si01 - Sanibel Island
Property Description
Beautiful REMODEL nearly complete - EVERYTHING is NEW, including FURNISHINGS! PHOTOS UPDATED as of 4/25 reflect the current progress. Current Rental projections indicate $116K NET INCOME POTENTIAL! Start generating rental income immediately in Summer 2024. Professional management is in place. The stunning Gulf views are unbeatable, and PINE COVE is one of the few complexes on the island that ALLOWS 7-DAY RENTALS & Unit 102 is a 3-bedroom unit. 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. 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.
Exterior Features

Architectural Style NoneLow Rise Carport Spaces 0 Carport YN No Construction Materials BlockConcreteStucco Covered Spaces 0 Entry Level 1 Exterior Features Security/High Impact DoorsNone Garage YN No Irrigation Source Municipal Lot Features Zero Lot Line Parking Features AssignedCoveredUndergroundGuestOne Space Patio And Porch Features LanaiPorchScreened Roof Built-UpFlat Structure Type Low Rise View GulfPool View YN Yes Waterfront Features Beach Front Waterfront YN Yes

Interior Features

Cooling Central AirElectric Flooring ConcreteTile Furnished Unfurnished Heating CentralElectric Interior Features Breakfast BarEntrance FoyerLiving/Dining RoomMain Level PrimaryNoneSitting Area in PrimaryCable TVWalk-In Closet(s) Laundry Features Washer HookupDryer HookupInside Window Features Impact Glass

Property Features

Association Amenities Beach RightsBeach AccessBarbecuePicnic AreaPoolSpa/Hot Tub Association Fee 0 Association Fee Includes Association ManagementLegal/AccountingMaintenance GroundsPest ControlSewerTrashWater Association Fee2 0 Association Fee3 10500 Association Fee3 Frequency Quarterly Association YN Yes Common Interest Condominium Community Features ElevatorNon-Gated Development Name PINE COVE OF SANIBEL Gulf Access YN 0 Land Lease Amount 0 Listing Terms All Financing ConsideredCash Number Of Units In Community 16 Ownership Condo Pets Allowed No Pool Features Community Pool Private YN No Potential Short Sale YN Property Condition Known Damage Property Sub Type Condominium Restrictions Deed RestrictionsLimited Number VehiclesNo CommercialNo RV Sewer Public Sewer Spa YN No Tax Annual Amount 7270 Tax Block 700 Tax Lot 102 Tax Year 2023 Unit Location 1 Utilities Cable AvailableHigh Speed Internet Available Water Source Public

Listing courtesy of Royal Shell Real Estate, Inc..


© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Clausen Properties, Inc.. Data last updated 2024-05-26T17:24:41.703.
 
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