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Key Details
Sold Price $1,100,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $564
Subdivision Pine Cove Of Sanibel
MLS Listing ID 225003434
Style None,Low Rise
Bedrooms 3
Full Baths 2
HOA Fees $4,833/qua
Year Built 1986
Annual Tax Amount $4,950
Tax Year 2024
Lot Size 7,531 Sqft
Property Sub-Type Condominium
Property Description
STUNNING BEACHFRONT condo on Sanibel Island is now available, offering the perfect blend of luxury and convenience. EVERYTHING BRAND NEW, including furnishings, new owners can move in immediately. The property is part of the renowned Pine Cove complex, one of the few complexes on the island that allows 7-day rentals. This lucrative feature, combined with the condo's prime location on West Gulf Drive, presents exceptional income potential. CURRENT RENTAL PROJECTIONS indicate an impressive $160K INCOME POTENTIAL, allowing investors to start generating rental income immediately. Professional management is already in place, ensuring a seamless rental process. The condo boasts 3 spacious bedrooms and a large lanai that offers breathtaking views of the Gulf and the pool. The primary suite is particularly impressive, featuring a walk-in shower and double sinks in the primary bathroom. The living room includes a designated area for a wet bar, making it ideal for entertaining guests. This condo is a rare find, offering a beautiful, spacious, and well-located living space on Sanibel Island. Don't miss this opportunity to own a slice of paradise and enjoy the stunning Gulf views and all that this vibrant island has to offer. (Note - Unit is above covered parking and IS NOT a ground floor unit)
Location
State FL
County Lee
Community Pine Cove Of Sanibel
Area Si01 - Sanibel Island
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Laundry Washer Hookup, Dryer Hookup, Inside
Exterior
Exterior Feature Security/ High Impact Doors, None
Parking Features Assigned, Covered, Underground, One Space
Pool Community
Community Features Elevator, Non- Gated
Utilities Available Cable Available
Amenities Available Beach Rights, Beach Access, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Management
Waterfront Description Beach Front
View Y/N Yes
View Gulf, Pool, Water
Roof Type Built- Up, Flat
Building
Lot Description Zero Lot Line
Story 1
Foundation Pillar/ Post/ Pier, Raised
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco
Others
Acceptable Financing All Financing Considered, Cash
Listing Terms All Financing Considered, Cash
Pets Allowed No
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Bought with Berkshire Hathaway Florida