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827 E Gulf Drive #L1, Sanibel, FL 33957 (Sold on )

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 $749,000

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  • 2 BedBeds
  • 2 BathBaths
  • 1,040 SqFtSqFt
  • TypeResidential
  • Active
  • MLS# 225008077

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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!

Rose Gibney Dakos

Listing Agent

Rose Gibney Dakos

License#
  • Cell(239) 851-5188
  • Office(239) 320-7442
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Property Details 827 E Gulf Drive #L1, Sanibel, FL 33957

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Facts & Features

  • MLS #: 225008077
  • RSLN #: RS159574
  • Status: Active
  • Type: Residential
  • SubType: Condominium
  • Year Built: 1974
  • Price: $749,000
  • Area: SI01 - Sanibel Island
  • County: Lee
  • Development: SANIBEL ARMS WEST CONDO
  • Bedrooms: 2
  • Bathrooms: 2
  • Full Baths: 2
  • Total SqFt: 1,040

Amenities

  • Amenities: Beach Rights, Basketball Court, Boat Dock, Beach Access, BoatRamp, Bike Storage, Clubhouse, Laundry, Pool, Storage, Tennis Court(s), Management
  • View: Bay, Gulf, Partial
  • Waterfront: YES
  • Waterfront Type: Gulf
  • Pool Type: Community

Interior Features

  • Interior Features: Breakfast Bar, Living/Dining Room, ShowerOnly, Separate Shower, Cable TV, High Speed Internet, Split Bedrooms
  • Flooring: Tile
  • Utilities: Cable Available
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Exterior Features

  • Style: Florida, Low Rise
  • Exterior Features: Security/High Impact Doors, Outdoor Shower, Tennis Court(s)
  • Lot Description: Oversized Lot
  • Windows: Impact Glass
  • Roof: Built-Up, Flat
  • Construction: Block, Concrete, Stucco

Additional Information

  • List Date: 01/21/2025

Tax Information

  • Tax Amount: $1,841
  • Tax Year: 2023

Estimated Monthly Mortgage Calculator

This calculator is provided for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

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