Homes for sale - 827 E Gulf DR #L1, Sanibel, FL 33957

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Jim Benson

jbenson@five-stargroup.com +1(812) 989-7450

$ 749,000

Est. payment | -/mo

2 Beds

2 Baths

1,040 SqFt

Save

$ 749,000

Est. payment | -/mo

Save

2 Beds

2 Baths

1,040 SqFt

Key Details

Property Type Condo

Sub Type Low Rise (1-3)

Listing Status Active

Purchase Type For Sale

Square Footage 1,040 sqft

Price per Sqft $720

Subdivision Sanibel Arms West Condo

MLS Listing ID 225008077

Style Florida

Bedrooms 2

Full Baths 2

Condo Fees $1,618/mo

HOA Y/N Yes

Originating Board Florida Gulf Coast

Year Built 1974

Annual Tax Amount $1,840

Tax Year 2023

Property Sub-Type Low Rise (1-3)

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!

Location

State FL

County Lee

Area Si01 - Sanibel Island

Direction From Causeway Rd continue straight on Lindgren Blvd - Make left on East Gulf Drive - Sanibel Arms West is on the right. Check in office is on the left.

Rooms

Dining Room Breakfast Bar, Dining - Living

Interior

Interior Features Split Bedrooms, Wired for Data

Heating Central Electric

Cooling Ceiling Fan(s), Central Electric

Flooring Tile

Window Features Impact Resistant,Impact Resistant Windows

Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Washer

Laundry Common Area, Inside

Exterior

Exterior Feature Concrete Dock, Outdoor Shower, Tennis Court(s)

Community Features Basketball, Beach Access, Bike Storage, Clubhouse, Community Gulf Boat Access, Pool, Extra Storage, Internet Access, Tennis Court(s), Condo/Hotel

Utilities Available Cable Available

Waterfront Description Gulf Frontage

View Y/N No

View Gulf, Partial Bay

Roof Type Built-Up or Flat

Porch Screened Lanai/Porch

Garage No

Private Pool No

Building

Lot Description Oversize

Faces From Causeway Rd continue straight on Lindgren Blvd - Make left on East Gulf Drive - Sanibel Arms West is on the right. Check in office is on the left.

Sewer Central

Water Central

Architectural Style Florida

Structure Type Concrete Block,Stucco

New Construction No

Others

HOA Fee Include Cable TV,Insurance,Internet,Irrigation Water,Laundry Facilities,Maintenance Grounds,Legal/Accounting,Manager,Pest Control Exterior,Sewer,Trash,Water

Tax ID 29-46-23-T1-005L0.0010

Ownership Condo

Security Features Smoke Detector(s),Smoke Detectors

Acceptable Financing Buyer Finance/Cash

Listing Terms Buyer Finance/Cash

Listed by VIP Realty Sanibel and Captiva • Rose Dakos

"I am committed to serving my clients for stress free transactions, while utilizing the latest technology available today! "

+1(239) 800-0025

marie@five-stargroup.com

827 E Gulf DR #L1 Sanibel, FL 33957