Price Reduction - Waterfront - No HOA Fees
Address
2501 W Gulf Drive # 102, Sanibel, FL
Price
$ 1,397,500
Property Attributes
- MLS#223069716
- TypeCondos
- CountyLEE
- CitySanibel
- AreaSI01 - Sanibel Island
- NeighborhoodPINE COVE OF SANIBEL
- Zip33957
- StyleNone, LowRise
- Year Built1986
- Taxes$ 7270
- Price$ 1,397,500
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1950
- Lot Size0.1729 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description
PICTURES ARE CURRENT - 6/24 - 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 as early as Summer 2024. 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.
| Price History | |
|---|---|
| 9/29/2023 | Listed $1,575,000 |
| 4/11/2024 | 7% - $1,475,000 |
| 6/6/2024 | 6% - $1,395,000 |
General Features
| Interior Features | BreakfastBar,EntranceFoyer,LivingDiningRoom,MainLevelPrimary,None,SittingAreainPrimary,CableTV,WalkInClosets |
|---|---|
| Sewer | PublicSewer |
| Heating | Central,Electric |
| Cooling | CentralAir,Electric |
| Utilities | CableAvailable,HighSpeedInternetAvailable |
| Possession | CloseOfEscrow |
| Roof | BuiltUp,Flat |
| Exterior Features | SecurityHighImpactDoors,None |
| HOA | 0.0 |
| Garage Spaces | 0.0 |
| Association Fee Includes | AssociationManagement,LegalAccounting,MaintenanceGrounds,PestControl,Sewer,Trash,Water |
| Patio/Porch Features | Lanai,Porch,Screened |
| Architectural Style | None,LowRise |
| Pool Features | Community |
| Construction Materials | Block,Concrete,Stucco |
| Pets Allowed | No |
| Year Built | 1986 |
| View | Gulf,Pool |
| Unit Number | 102 |
| Property SubType | Condominium |
| Tax Year | 2023 |
| Percent Ownership | Condo |
| Waterfront Features | BeachFront |
| Community Features | Elevator,NonGated |
| County | Lee |
| New Construction | No |
| Property Type | Residential |
| Association Amenities | BeachRights,BeachAccess,Barbecue,PicnicArea,Pool,SpaHotTub |
| HOA / Comm Assn | Yes |
| Attached Garage | No |
| Subdivision Name | PINE COVE OF SANIBEL |
| Facing Direction | North |
| Garage Y/N | No |
| Status | Active |
| City | SANIBEL |
| Disclosures | RVRestrictions |
| Land Lease Amount | 0.0 |
| View Y/N | Yes |
| Senior Community Y/N | No |
| MLS Area | SI01 - Sanibel Island |
| Lot Size Units | Acres |
| Waterfront Y/N | Yes |
| Carport Spaces | 0.0 |
| Carport Y/N | No |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 7270.0 |
| Home Warranty Y/N | No |
| Property Condition | Resale |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 269 |
| Structure Type | LowRise |
| Standard Status | Active |
| Tax Lot | 102 |
| Property Sub Type Additional | Condominium |
| MobileHomeRemainsYN | No |
| PostalCity | SANIBEL |
| Legal Description | PINE COVE OF SANIBEL OR 1787 PG 3886 UNIT 102 |
| Adult Family Homes | Condominium |
| Condo Fee | 10500.0 |
Interior Features
| Flooring | Concrete,Tile |
|---|---|
| Furnished Y/N | Furnished |
| Total Stories | 1 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | ImpactGlass |
| Fireplace Y/N | No |
| Full Baths | 2 |
| Laundry Features | WasherHookup,DryerHookup,Inside |
| Total Bedrooms | 3 |
| Entry Level | 1 |
| Electric On Property Y/N | No |
| Room Type | Bathroom,GuestQuarters,ScreenedPorch,GreatRoom |
| LivingAreaSource | Builder |
| Total Baths | 2 |
Exterior Features
| Parking Features | Assigned,Covered,Underground,Guest,OneSpace |
|---|---|
| Lot Features | ZeroLotLine |
| Water Source | Public |
| Lot Size Area | 0.1729 |
| Horses | No |
| Spa | No |
| Irrigation/Water Rights | No |
| Building Area Total | 2130.0 |
| Lot Size Acres | 0.1729 |
| Lot Size Source | Appraiser |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
| LotDimensionsSource | Appraiser |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 33957
Price
Taxes
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated Last updated on June 25, 2024 3:43 AM UTC The listing information on this page last changed on Last updated on June 25, 2024 3:43 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on June 25, 2024 3:43 AM UTC
© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is 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 not guaranteed.
