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Stevan Stanisic

Compass | Naples, Florida

stanisic.stevan@gmail.com +1(239) 777-9517

$ 749,000

Est. payment -/mo

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827 E Gulf DR #L1 Sanibel, FL 33957

2 Beds

2 Baths

1,040 SqFt

UPDATED:

01/21/2025 10:39 PM

Key Details

Property Type Condo

Sub Type Low Rise (1-3)

Listing Status Active

Purchase Type For Sale

Square Footage 1,040 sqft

Price per Sqft $720

Subdivision Sanibel Arms West Condo

MLS Listing ID 225008077

Style Resale Property

Bedrooms 2

Full Baths 2

Condo Fees $1,618/mo

HOA Y/N No

Originating Board Florida Gulf Coast

Year Built 1974

Annual Tax Amount $1,840

Tax Year 2023

Property Description

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!

Location

State FL

County Lee

Area Sanibel Arms West Condo

Rooms

Dining Room Breakfast Bar, Dining - Living

Interior

Interior Features Smoke Detectors

Heating Central Electric

Flooring Tile

Equipment Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Smoke Detector, Washer

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Washer

Heat Source Central Electric

Exterior

Exterior Feature Concrete Dock, Screened Lanai/Porch, Outdoor Shower, Tennis Court(s)

Pool Community

Community Features Clubhouse, Pool, Tennis Court(s)

Amenities Available Basketball Court, Beach Access, Bike Storage, Clubhouse, Common Laundry, Community Gulf Boat Access, Pool, Storage, Internet Access, Tennis Court(s)

Waterfront Description Gulf Frontage

View Y/N Yes

View Gulf, Partial Bay

Roof Type Built-Up

Garage No

Private Pool No

Building

Lot Description Oversize

Building Description Concrete Block,Stucco, Common Area Washer/Dryer,DSL/Cable Available

Story 2

Water Central

Architectural Style Florida, Low Rise (1-3)

Level or Stories 2

Structure Type Concrete Block,Stucco

New Construction No

Others

Pets Allowed No

Senior Community No

Tax ID 29-46-23-T1-005L0.0010

Ownership Condo

Security Features Smoke Detector(s)

Listed by VIP Realty Sanibel and Captiva • Rose Dakos