Waterfront - No HOA Fees
Address
1501 Middle Gulf Drive # A208, Sanibel, FL
Price
$ 995,000
Property Attributes
- MLS#224019035
- TypeCondos
- CountyLEE
- CitySanibel
- AreaSI01 - Sanibel Island
- NeighborhoodSundial Of Sanibel
- Zip33957
- StyleGarden Home,Low Rise
- Year Built1974
- Taxes$ 762
- Price$ 995,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1042
- Lot Size6,534 SqFt
Data Source:
Property Description
Directly on the Gulf of Mexico! The views are absolutely phenomenal from this second floor 2 bedroom, 2 bath condo in the A building. This condo has enjoyed wonderful rental income through an outside rental agency. 2021 income = 98,215 and 2022 thru September was $95,331.00. Income would have easily exceeded 100k in 2022. This unit is covered by association insurance for all walls and exterior doors and windows. The Association insurance is also covering anything that was located within the bottom 4 feet of the condo. Owner is responsible for upper cabinetry, appliances located above the 4 feet, and for painting. Claremont can finish the lower 48 inches of the condo at no expense to a new buyer or the new buyer can opt for a payout from the Association. Interior finish selections are on display at the Sundial Resort for a new buyer to choose from. This unit should remain one of the top grossing units once finished and the Gulf of Mexico views will remain spectacular!
| Price History | |
|---|---|
| 3/11/2024 | Listed $995,000 |
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
