$1,475,000

2501 W Gulf Dr 102, SANIBEL, FL

3

Beds

2

Baths

1,950

Square feet

0.17

Acres

Quick Summary

Located in Pine Cove Of Sanibel, Sanibel, 2501 W Gulf Dr 102 (MLS®# 223069716) is a gorgeous Condominium Residential property. It features 3 bedrooms, 2 bathrooms with 1,950 sqft of living space and 0.17 acres of lot.

This Property was originally built in 1986. It is currently listed for $1,475,000, and its price was recently reduced from $1,575,000 to $1,475,000.

Remarks

Beautiful REMODEL nearly complete - EVERYTHING is NEW, including FURNISHINGS! PHOTOS UPDATED as of 4/25 reflect the current progress. Current Rental projections indicate $116K NET INCOME POTENTIAL! Start generating rental income immediately in Summer 2024. Professional management is in place. The stunning Gulf views are unbeatable, and PINE COVE is one of the few complexes on the island that ALLOWS 7-DAY RENTALS & Unit 102 is a 3-bedroom unit. If you are in search of a beautiful, spacious, and well-located condo on Sanibel Island, this is the ideal opportunity for you. This BEACHFRONT 3-BEDROOM CONDO on Sanibel Island is a rare find. It is already in an established, SUCCESSFUL, VACATION RENTAL PROGRAM. There is plenty of room to spread out, with 1,950 SQ FT plus a LARGE LANAI with views of the Gulf and Pool. The primary suite is huge, & the primary bathroom has a walk-in shower and double sinks. The living room includes an area for a wet bar, so you can entertain guests in style. There is also one ASSIGNED COVERED parking spot and a storage closet. The condo is located on West Gulf Drive, close to all of the island's amenities, including restaurants and shops.

Facts & Features

MLS® # 223069716
Price $1,475,000
Bathrooms 2.00
Full Baths 2
Square Footage 1,950
Square Footage 2130.00
Acres 0.17
Year Built 1986
Type Residential
Sub-Type Condominium
Style Low Rise, None
Status Active

Community Information

Address 2501 W Gulf Dr 102
Area SI01 - Sanibel Island
Subdivision PINE COVE OF SANIBEL
City SANIBEL
County Lee
State FL
Zip Code 33957

Amenities

Amenities Beach Rights, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Beach Access
Utilities Cable Available, High Speed Internet Available
Features Zero Lot Line
Parking Assigned, Guest, One Space, Covered, Underground
Garages Assigned, Guest, One Space, Covered, Underground
View Gulf, Pool
Is Waterfront Yes
Waterfront Beach Front
Has Pool Yes
Private Pool No
Pool Community

Interior

Interior Tile, Concrete
Interior Features Breakfast Bar, Entrance Foyer, Living/Dining Room, Cable TV, Walk-In Closet(s), Main Level Primary, None, Sitting Area in Primary
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
# of Stories 1
Has Basement No

Exterior

Exterior Block, Concrete, Stucco
Exterior Features Security/High Impact Doors, None
Lot Description Zero Lot Line
Windows Impact Glass
Roof Built-Up, Flat
Construction Block, Concrete, Stucco

Additional Information

Days on Market 217
Foreclosure No
Short Sale No
RE / Bank Owned No
Has HOA Yes
HOA Fees 0.00

Listing Details

OfficeRoyal Shell Real Estate, Inc.

Listing Map

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