2501 W Gulf DR #102 Pending Save Request In-Person Tour Request Virtual Tour
Sanibel,FL 33957
Key Details
Property Type Condo
Sub Type Low Rise (1-3)
Listing Status Pending
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $612
Subdivision Pine Cove Of Sanibel
MLS Listing ID 225003434
Bedrooms 3
Full Baths 2
Condo Fees $14,500/qua
HOA Y/N No
Originating Board Florida Gulf Coast
Year Built 1986
Annual Tax Amount $4,950
Tax Year 2024
Lot Size 7,531 Sqft
Acres 0.1729
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
Area Pine Cove Of Sanibel
Rooms
Bedroom Description Master BR Sitting Area
Dining Room Breakfast Bar,Dining - Living
Interior
Interior Features Bar,Built-In Cabinets,Foyer,Smoke Detectors,Walk-In Closet(s)
Heating Central Electric
Flooring Tile
Equipment Dishwasher,Disposal,Dryer,Microwave,Refrigerator/Freezer,Smoke Detector,Washer,Washer/Dryer Hookup
Furnishings Furnished
Fireplace No
Appliance Dishwasher,Disposal,Dryer,Microwave,Refrigerator/Freezer,Washer
Heat Source Central Electric
Exterior
Exterior Feature Screened Lanai/Porch
Parking Features 1 Assigned,Covered,Under Bldg Open
Pool Community
Community Features Pool
Amenities Available Barbecue,Beach Access,Pool,Spa/Hot Tub
Waterfront Description On the Gulf Beach
View Y/N Yes
View Gulf,Pool/Club,Water
Roof Type Built-Up
Garage No
Private Pool No
Building
Lot Description Zero Lot Line
Building Description Concrete Block,Poured Concrete,Stucco, DSL/Cable Available
Story 1
Water Central
Architectural Style Low Rise (1-3)
Level or Stories 1
Structure Type Concrete Block,Poured Concrete,Stucco
New Construction No
Others
Pets Allowed No
Senior Community No
Tax ID 35-46-22-T1-00700.1020
Ownership Condo
Security Features Smoke Detector(s)