827 E Gulf DR #L1 Active

Sanibel,FL 33957

$ 749000

2 Beds

2 Baths

1040 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,040 sqft

Price per Sqft $720

Subdivision Sanibel Arms West Condo

MLS Listing ID 225008077

Style Florida,Low Rise

Bedrooms 2

Full Baths 2

HOA Fees $1,618/mo

Year Built 1974

Annual Tax Amount $1,840

Tax Year 2023

Property Sub-Type Condominium

Property Description

This 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!

Location

State FL

County Lee

Community Sanibel Arms West Condo

Area Si01 - Sanibel Island

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Tile

Laundry Common Area, Inside

Exterior

Exterior Feature Security/ High Impact Doors, Outdoor Shower, Tennis Court(s)

Pool Community

Community Features Condo Hotel Community, Near Hotel/ Motel

Utilities Available Cable Available

Amenities Available Beach Rights,Basketball Court,Boat Dock,Beach Access,Boat Ramp,Bike Storage,Clubhouse,Laundry,Pool,Storage,Tennis Court(s)

Waterfront Description Gulf

View Y/N Yes

View Bay, Gulf, Partial

Roof Type Built- Up, Flat

Building

Lot Description Oversized Lot

Dwelling Type Low Rise

Story 2

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Stucco

Others

Acceptable Financing All Financing Considered,Cash

Listing Terms All Financing Considered,Cash

Pets Allowed No

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