UPDATED:
Key Details
Property Type Condo
Sub Type Low Rise (1-3)
Listing Status Pending
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $285
Subdivision By The Sea Condo
MLS Listing ID 2026008435
Style Pre-Construction
Bedrooms 2
Full Baths 2
HOA Fees $13,860
HOA Y/N Yes
Year Built 1982
Annual Tax Amount $4,834
Tax Year 2025
Lot Size 4,935 Sqft
Acres 0.1133
Property Sub-Type Low Rise (1-3)
Source Florida Gulf Coast
Land Area 2136
Property Description
IMPORTANT INFORMATION.
The building is currently in the early stages of reconstruction. The list price of $500,000 reflects the condo interest only and does not represent the total cost to complete the unit.
In addition to the purchase price, the buyer will be responsible for all remaining construction costs. Current estimates provided by the association indicate approximately $856,000 to deliver the unit to a white box condition, plus an estimated $300,000 for interior build out. All construction costs are estimates only and subject to change.
This is not a finished unit and not a turnkey purchase. Buyers should expect an active construction environment during the rebuild process. Final layout, square footage, finishes, and completion timelines are subject to association approvals and construction progress.
The association does not allow rentals, preserving the quiet, owner occupied atmosphere the community is known for. Prior to the storm, community amenities included a heated beachfront pool, cabana, security system, and covered parking. These amenities are anticipated to be restored upon completion of reconstruction but are not guaranteed.
The condominium association historically maintained a master insurance policy, with premiums included in the association fees. Upon completion of reconstruction, building insurance is anticipated to be covered through the association, with owners responsible for interior coverage and personal contents. Insurance coverage, deductibles, limits, and future costs are subject to change and should be independently verified by the buyer.
Located in a FEMA designated flood zone. Flood insurance and building requirements will apply once construction is completed.
This offering is best suited for a buyer seeking long term value in a low density gulf front community who understands the costs, timelines, and variables involved in post storm reconstruction.
Location
State FL
County Lee
Community Non-Gated
Area By The Sea Condo
Rooms
Dining Room Other
Interior
Interior Features Other
Heating None, Other
Equipment None, Other
Furnishings Unfurnished
Fireplace No
Appliance None, Other
Heat Source None, Other
Exterior
Parking Features 2 Assigned, Covered, Guest, Under Bldg Open
Pool Community
Community Features Pool, Tennis Court(s)
Amenities Available Beach Access, Cabana, Pool, Tennis Court(s)
Waterfront Description Gulf Frontage,On the Gulf Beach
View Y/N Yes
View Gulf
Roof Type Built-Up
Street Surface Paved
Garage No
Private Pool No
Building
Lot Description Zero Lot Line
Story 3
Water Central
Architectural Style Low Rise (1-3)
Level or Stories 3
Structure Type ICFs (Insulated Concrete Forms),Stucco
New Construction No
Others
Pets Allowed Limits
Senior Community No
Pet Size 20
Tax ID 35-46-22-T1-0050B.2020
Ownership Condo
Num of Pet 1
