About 827 E Gulf Dr L1
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!
Features of 827 E Gulf Dr L1
| MLS® # | 225008077 |
|---|---|
| Price | $749,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,040 |
| Acres | 0.00 |
| Floor Number | 1 |
| Year Built | 1974 |
| Type | Residential |
| Sub-Type | Low Rise (1-3), Condo |
| Style | Florida, Low Rise (1-3) |
| Status | Active |
Community Information
| Address | 827 E Gulf Dr L1 |
|---|---|
| Area | SI01 - Sanibel Island |
| Subdivision | SANIBEL ARMS WEST CONDO |
| City | SANIBEL |
| County | Lee |
| State | FL |
| Zip Code | 33957 |
| Community Type | Condo/Hotel |
Amenities
| Amenities | Basketball Court, Beach Access, Bike Storage, Clubhouse, Common Laundry, Community Gulf Boat Access, Pool, Storage, Internet Access, Tennis Court(s) |
|---|---|
| View | Gulf, Partial Bay |
| Is Waterfront | Yes |
| Pets Allowed | Not Allowed |
| Waterfront | Gulf Frontage |
| Has Pool | No |
| Pool | Community |
| Elevator | None |
Interior
| Interior Features | Smoke Detectors |
|---|---|
| Appliances | Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Washer |
| Heating | Central Electric |
| Cooling | Ceiling Fan(s), Central Electric |
| Fireplace | No |
Exterior
| Exterior | Concrete Block, Stucco |
|---|---|
| Exterior Features | Concrete Dock, Screened Lanai/Porch, Outdoor Shower, Tennis Court(s) |
| Lot Description | Oversize |
| Roof | Built-Up |
| Construction | Concrete Block, Stucco |
Additional Information
| Days on Market | 588 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Total Annual Recurring Fees | $43,416 |
| Total One Time Fees | $0 |
Listing Details
| Office | Royal Shell Real Estate, Inc. |
|---|