About 1501 Middle Gulf Dr A208
Directly on the Gulf of Mexico! The views are absolutely phenomenal from this second floor 2 bedroom, 2 bath condo in the A building. This condo has enjoyed wonderful rental income through an outside rental agency. 2021 income = 98,215 and 2022 thru September was $95,331.00. Income would have easily exceeded 100k in 2022. This unit is covered by association insurance for all walls and exterior doors and windows. The Association insurance is also covering anything that was located within the bottom 4 feet of the condo. Owner is responsible for upper cabinetry, appliances located above the 4 feet, and for painting. Claremont can finish the lower 48 inches of the condo at no expense to a new buyer or the new buyer can opt for a payout from the Association. Interior finish selections are on display at the Sundial Resort for a new buyer to choose from. This unit should remain one of the top grossing units once finished and the Gulf of Mexico views will remain spectacular!
Features of 1501 Middle Gulf Dr A208
MLS® # | 224019035 |
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Price | $995,000 |
Bedrooms | 2 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 1,042 |
Square Footage | 1150.00 |
Acres | 0.15 |
Year Built | 1974 |
Type | Residential |
Sub-Type | Condominium |
Style | Low Rise, Garden Home |
Status | Active |
Community Information
Address | 1501 Middle Gulf Dr A208 |
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Area | SI01 - Sanibel Island |
Subdivision | SUNDIAL OF SANIBEL |
City | SANIBEL |
County | Lee |
State | FL |
Zip Code | 33957 |
Community Type | Condo Hotel Community, Elevator, Near Hotel/Motel |
Amenities
Amenities | Beach Rights, Beach Access, Clubhouse, Pickleball, Pool, Restaurant, Shuffleboard Court, Storage, Tennis Court(s), Laundry |
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Features | Other |
Parking | Underground, Paved, Common |
Garages | Underground, Paved, Common |
View | Gulf |
Is Waterfront | Yes |
Pets Allowed | With Approval |
Waterfront | Gulf, Beach Front |
Has Pool | Yes |
Pool | Community |
Interior
Interior | Other |
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Interior Features | Breakfast Bar, Living/Dining Room, Shower Only, Separate Shower, High Speed Internet |
Heating | Central, Electric |
Cooling | Central Air, Electric |
Fireplace | No |
# of Stories | 1 |
Has Basement | No |
Exterior
Exterior | Block, Concrete, Stucco |
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Exterior Features | Security/High Impact Doors, Outdoor Grill |
Lot Description | Other |
Windows | Single Hung, Sliding, Impact Glass |
Roof | Built-Up, Flat |
Construction | Block, Concrete, Stucco |
Additional Information
Days on Market | 66 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Total Annual Recurring Fees | $0 |
HOA Fees | $0 |
Listing Details
Office | VIP Realty Group,Inc |
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