2501 W Gulf Dr 102, SANIBEL Property Listing: MLS® #223069716

2501 W Gulf Dr 102

$1,475,000
$7,850/m

Estimate Your Monthly Payment

Loan Amount: financing_price
Estimated Payment (30 Year Fixed Loan): 7850
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  • 3 Beds
  • 2 Baths
  • 1,950 Sqft
  • 1986 Year
  • Yes Pool
  • Yes Waterfront
  • .17 Acres
  • 219 DOM

About This Property

Beautiful REMODEL nearly complete - EVERYTHING is NEW, including FURNISHINGS! PHOTOS UPDATED as of 4/25 reflect the current progress. Current Rental projections indicate $116K NET INCOME POTENTIAL! Start generating rental income immediately in Summer 2024. Professional management is in place. The stunning Gulf views are unbeatable, and PINE COVE is one of the few complexes on the island that ALLOWS 7-DAY RENTALS & Unit 102 is a 3-bedroom unit. If you are in search of a beautiful, spacious, and well-located condo on Sanibel Island, this is the ideal opportunity for you. This BEACHFRONT 3-BEDROOM CONDO on Sanibel Island is a rare find. It is already in an established, SUCCESSFUL, VACATION RENTAL PROGRAM. There is plenty of room to spread out, with 1,950 SQ FT plus a LARGE LANAI with views of the Gulf and Pool. The primary suite is huge, & the primary bathroom has a walk-in shower and double sinks. The living room includes an area for a wet bar, so you can entertain guests in style. There is also one ASSIGNED COVERED parking spot and a storage closet. The condo is located on West Gulf Drive, close to all of the island's amenities, including restaurants and shops.

Call or text Ryan Schwartz at 239.500.8000

Price Change History

For 2501 W Gulf Dr 102, SANIBEL, FL (MLS® #223069716)

Date Details Change
Price Reduced from $1,575,000 to $1,475,000 $100,000 (6.35%)
Price Reduced from $1,575,000 to $1,475,000 $100,000 (6.35%)
Price Increased from $1,475,000 to $1,575,000 $100,000 (6.78%)

General Information

  • MLS® #: 223069716
  • Price: $1,475,000
  • Days on Market: 219
  • Address: 2501 W Gulf Dr 102
  • County: Lee
  • Year Built: 1986
  • Type: Residential
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Baths: 2
  • Square Footage: 1,950
  • Square Footage: 2130.00
  • Acres: 0.17
  • # of Stories: 1
  • View: Gulf, Pool
  • Is Waterfront: Yes
  • Waterfront: Beach Front
  • Has Pool: Yes
  • Pool: Community
  • Sub-Type: Condominium
  • Style: Low Rise, None
  • Status: Active

Parking

Assigned, Guest, One Space, Covered, Underground

Amenities

  • Features: Zero Lot Line
  • View: Gulf, Pool
  • Is Waterfront: Yes
  • Waterfront: Beach Front
  • Has Pool: Yes
  • Pool: Community

Amenities

Beach Rights, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Beach Access

Utilities

Cable Available, High Speed Internet Available

Parking

Assigned, Guest, One Space, Covered, Underground

Interior

  • Interior: Tile, Concrete
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • # of Stories: 1

Interior Features

Breakfast Bar, Entrance Foyer, Living/Dining Room, Cable TV, Walk-In Closet(s), Main Level Primary, None, Sitting Area in Primary

Exterior

  • Exterior: Block, Concrete, Stucco
  • Lot Description: Zero Lot Line
  • Windows: Impact Glass
  • Roof: Built-up, Flat
  • Construction: Block, Concrete, Stucco

Exterior Features

Security/High Impact Doors, None

Financials

  • Price: $1,475,000
  • HOA Fees: N/a

Listing Details

  • Office: Royal Shell Real Estate, Inc.

Community Information

  • Area Si01 - Sanibel Island
  • Subdivision Pine Cove Of Sanibel
  • City Sanibel
  • County Lee
  • State Fl
  • Zip Code 33957

Inquire now for more information about the community of Find out more!

Subdivision Statistics

  Listings Average DOM Average Price Average $/SF Median $/SF List/Sale price
Active 1 219 $1,475,000 $756 $1,475,000 $1,475,000
Sold (past 6 mths) 0 - - - - -

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Ryan Schwartz

Realtor®

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