2501 W Gulf Drive Unit 102, Sanibel, FL 33957
- $1,100,000
- 3
- BD
- 2
- BA
- 1,950
- SqFt
- Sold Price
- $1,100,000
- List Price
- $1,195,000
- Status
- CLOSED
- Days on Market
- 6
- Closing Date
- Jan 31, 2025
- MLS#
- 225003434
- Subtype
- Residential
- Style
- None, Low Rise
- Architectural Style
- None, Low Rise
- Year Built
- 1986
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,950
- Acres
- 0.17
- Subdivision
- Pine Cove Of Sanibel
- Neighborhood
- Pine Cove Of Sanibel
- MLS Area Major
- SI01 - Sanibel Island
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)
Additional Information
- Amenities
- Beach Rights, Beach Access, Barbecue, Picnic Area, Pool, Spa/Hot Tub
- Interior Features
- Breakfast Bar, Built-in Features, Bathtub, Dual Sinks, Entrance Foyer, Living/Dining Room, Sitting Area in Primary, Separate Shower, Cable TV, Bar, Walk-In Closet(s)
- Exterior Features
- Security/High Impact Doors, None
- Taxes
- $4,950
- Pets Allowed
- No
- Pets
- No
- Property Description
- None, Low Rise
- Flooring
- Tile
- Appliances
- Dryer, Dishwasher, Freezer, Disposal, Microwave, Refrigerator, Washer
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Electric
- Exterior Construction
- Block, Concrete, Stucco
- Roof
- Built-Up, Flat
- Foundation
- Pillar/Post/Pier, Raised
- Pool Type
- Community
- Parking Features
- Assigned, Covered, Underground, One Space
- View
- Gulf, Pool, Water
Courtesy of Royal Shell Real Estate, Inc.
Selling Office: .