827 E Gulf DR Unit L1, Sanibel, FL 33957

$749,000
2
BD
2
BA
1,040
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$749,000
Listing Price
$749,000
MLS#
225008077
Status
ACTIVE
Bedrooms
2
Beds + Den
2 Bed
Bathrooms
2
Living Sq. Ft
1,040
Property Class
Condo
Building Design
Low Rise (1-3)
Status Type
Resale Property
County
Lee
Region
SI01 - Sanibel Island
Development
Sanibel Arms West Condo
Building Name
Sanibel Arms West Condo

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!

Additional Information

Year Built
1974
furnished
Unfurnished
Pets
No
Amenities
Basketball Court, Beach Access, Bike Storage, Clubhouse, Common Laundry, Community Gulf Boat Access, Pool, Storage, Internet Access, Tennis Court(s)
Community Type
Condo/Hotel
View
Partial Bay, Gulf
Boat Access
Concrete Dock
Waterfront Description
Gulf Frontage
Building Description
Florida
Restrictions
None
Rear Exposure
SW
Roof
Built-Up
Flooring
Tile
Exterior Features
Concrete Dock, Screened Lanai/Porch, Outdoor Shower, Tennis Court(s)
Water
Central
Cooling
Ceiling Fan(s), Central Electric
Interior Features
Smoke Detectors
Equipment/Appliances Included
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Smoke Detector, Washer
Rooms
Laundry in Residence, Screened Lanai/Porch
Tax Year
2023
Total Annual Recurring Fees
$43416
Condo Fee
$1618
Condo Fee Frequency
Monthly

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Royal Shell Real Estate, Inc..

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.