827 E Gulf Drive Unit L1

Sanibel, FL 33957

1,040 sq ft | 2 beds | 2 baths
$749,000
For Sale
Listed: January 21, 2025
MLS#: 225008077

Property Description

This stunning Gulf-view condo offers everything you need for a perfect coastal retreat or a solid investment. Featuring 2 beautifully renovated bedrooms and 2 baths, the condo exudes charm and comfort. Step outside and enjoy the gorgeous beach just moments away, or take advantage of the canal for some peaceful boating. The amenities are exceptional with a pool, tennis courts, and the opportunity for impressive rental income. With on-site rental management bringing in over $75,000 per year, the potential for return on investment is fantastic. Plus, Sanibel Arms West is about to open for rentals, offering even more opportunities to capitalize on this prime location. Don’t miss out on this incredible opportunity—whether you’re looking for a vacation home or a lucrative rental property, this condo checks all the boxes!

Key Details

Price
749,000
Bedrooms
2
Bathrooms
2
Living Area
1,040 SqFt
Year Built
1974
Property Type
Residential
Property Subtype
Condominium
County
Lee
Subdivision
SANIBEL ARMS WEST CONDO
Pool
Community
Cooling
Yes (CentralAir,CeilingFans,Electric)
Heating
Yes (Central,Electric)
Flooring
Tile
Roof
BuiltUp,Flat
Taxes (Annual)
$1,840.76 (Year: 2023)

Location

Community

No community information available for SANIBEL ARMS WEST CONDO.

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