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827 E Gulf Drive #L1, Sanibel, FL 33957

$749,000 · Active

MLS #225008077

827 E Gulf Drive #L1, Sanibel, FL 33957
Price
$749,000
Status
Active
Bedrooms
2
Bathrooms
2
Living area
1,040 sq ft
Home type
Condominium
Year built
1974
Full bathrooms
2
Half bathrooms
0
Private pool
No
Waterfront
Yes
HOA
Yes
55+ community
No
County
Lee
Garage spaces
0
Annual property taxes
$827
Subdivision
SANIBEL ARMS WEST CONDO
Style
Florida, LowRise
Appliances & Equipment
Dryer · Dishwasher · Freezer · Disposal · Microwave · Range · Refrigerator · Washer
Bathrooms
2 total bathrooms · 2 full bathrooms
Bedrooms
2 total bedrooms
Building
Built in 1974 · Living area: 1040.0 · Building faces Northeast · 2 stories · Entry level: 1 · Construction Materials: Block, Concrete, Stucco
Community
104 units in community · CondoHotelCommunity · NearHotelMotel
Cooling
CentralAir · CeilingFans · Electric
Exterior Features
Patio/Porch Features: Lanai, Porch, Screened · SecurityHighImpactDoors · OutdoorShower · TennisCourts
Floors
Tile
Heating
Central · Electric
Home Owner's Association
Association Fee: $0 · Fee Includes: AssociationManagement, CableTv, Insurance, Internet, IrrigationWater, Laundry, LegalAccounting, MaintenanceGrounds, PestControl, Sewer, Trash, Water · Amenities: BeachRights, BasketballCourt, BoatDock, BeachAccess, BoatRamp, BikeStorage, Clubhouse, Laundry, Pool, Storage, TennisCourts, Management
Interior Features
BreakfastBar · LivingDiningRoom · ShowerOnly · SeparateShower · CableTv · HighSpeedInternet · SplitBedrooms
Laundry
CommonArea · Inside
Lot
OversizedLot
Pets Policy
Allowed: No
Pool
Community
Property
Resale · Bay · Gulf · Partial
Roof
BuiltUp · Flat
Sewer
PublicSewer
Utilities
CableAvailable · Water Source: Public
Water Features
Gulf
Windows
ImpactGlass

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About this home

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!

Courtesy of Rose Dakos, Royal Shell Real Estate, Inc..

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Contact LPT Realty at (877) 366-2213 to ask about this home.