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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!
Property Details
Price: $749,000
Sq Ft: 1,040
($720 per sqft)
Bedrooms: 2
Bathrooms: 2
City: Sanibel
County: Lee
Type: Condo
Development: Sanibel Arms West Condo
Year Built: 1974
Listing Number: 225008077
Status Code: A-Active
Taxes: $1,840.76
Tax Year: 2023
Furnishings: Unfurnished
Pets Allowed: No
Interior Features:
Smoke Detectors
Amenities:
Basketball Court
Beach Access
Bike Storage
Clubhouse
Common Laundry
Community Gulf Boat Access
Pool
Storage
Internet Access
Tennis Court(s)
Financial Information:
Taxes: $1,840.76
Tax Year: 2023
HOA Fee 1: $43,416.00
HOA Fee 3: $1,618.00
HOA Frequency 3: Monthly
Condo Fee: $1,618.00
Condo Fee Frequency: Monthly
Exterior Features:
Concrete Dock
Screened Lanai/Porch
Outdoor Shower
Tennis Court(s)
Equipment:
Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator/Freezer
Smoke Detector
Washer
View:
Gulf
Partial Bay
Waterfront Description:
Gulf Frontage
Additional Information:
Building Design: Low Rise (1-3 Floors)
Community Type: Condo/Hotel
MLS Area: Si01 - Sanibel Island
Price per Square Feet: $720.19
Total Floors: 2
Water: Central
Construction: Concrete Block, Stucco
Foreclosure: No
Short Sale: No
Date Listed: 2025-01-21 00:00:00
Pool: No
Pool Type: Community
Pool Description: Community
Private Spa: No
Furnished: Unfurnished
Flooring: Tile
Roof: Built-Up
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric
Fireplace: No
Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Security: Smoke Detector(S)
Laundry: Common Area, Laundry In R
Irrigation: Central
55+ Community: No
Pets: No
Restrictions: None
Maintenance: Cable, Insurance, Internet/Wifi Access, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Sewer, Trash Removal, Water
Rear Exposure: Sw
Lot Desc.: Oversize
Amenities: Basketball Court, Beach Access, Bike Storage, Clubhouse, Common Laundry, Community Gulf Boat Access, Pool, Storage, Internet Access, Tennis Court(S)
Map of 827 Gulf Dr E #L1, Sanibel, FL 33957
Listing Courtesy Of: Royal Shell Real Estate, Inc.
rosedakos@gmail.com