2501 W Gulf DR #102 new

Sanibel,FL 33957

$ 1195000

3 Beds

2 Baths

1950 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $612

Subdivision Pine Cove Of Sanibel

MLS Listing ID 225003434

Style None,Low Rise

Bedrooms 3

Full Baths 2

Construction Status Resale

HOA Fees $4,833/qua

HOA Y/N No

Year Built 1986

Annual Tax Amount $4,950

Tax Year 2024

Lot Size 7,531 Sqft

Acres 0.1729

Lot Dimensions Appraiser

Property Description

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 immediately. 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. (Note - Unit is above covered parking and IS NOT a ground floor unit)

Location

State FL

County Lee

Community Pine Cove Of Sanibel

Area Si01 - Sanibel Island

Rooms

Bedroom Description 3.0

Interior

Interior Features Breakfast Bar, Built-in Features, Bathtub, Dual Sinks, Entrance Foyer, Living/ Dining Room, Sitting Area in Primary, Separate Shower, Cable T V, Bar, Walk- In Closet(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Furnishings Furnished

Fireplace No

Window Features Impact Glass

Appliance Dryer,Dishwasher,Freezer,Disposal,Microwave,Refrigerator,Washer

Laundry Washer Hookup, Dryer Hookup, Inside

Exterior

Exterior Feature Security/ High Impact Doors, None

Parking Features Assigned, Covered, Underground, One Space

Pool Community

Community Features Elevator, Non- Gated

Utilities Available Cable Available

Amenities Available Beach Rights,Beach Access,Barbecue,Picnic Area,Pool,Spa/Hot Tub

Waterfront Description Beach Front

View Y/N Yes

Water Access Desc Public

View Gulf, Pool, Water

Roof Type Built- Up, Flat

Porch Lanai,Porch,Screened

Garage No

Private Pool No

Building

Lot Description Zero Lot Line

Dwelling Type Low Rise

Faces North

Story 1

Foundation Pillar/ Post/ Pier, Raised

Sewer Public Sewer

Water Public

Architectural Style None,Low Rise

Unit Floor 1

Structure Type Block,Concrete,Stucco

Construction Status Resale

Others

Pets Allowed No

HOA Fee Include Association Management,Insurance,Legal/Accounting,Maintenance Grounds,Pest Control,Reserve Fund,Sewer,Trash,Water

Senior Community No

Tax ID 35-46-22-T1-00700.1020

Ownership Condo

Security Features Smoke Detector(s)

Acceptable Financing All Financing Considered,Cash

Listing Terms All Financing Considered,Cash

Pets Allowed No

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