Overview

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  • Status: Active
  • Parking 0
  • Size: 1,950 ft2/181.16 m2
  • Price Per: $692.05 ft2/$7,449.18 m2
  • Type: Condo
  • Built: 1986
  • HOA: No info
  • MLS Number: 223069716
  • View Gulf,Pool/Club
  • On Site: 422 days
  • Updated: 2 Days Ago
  • Page Views: 4

Furnished PICTURES ARE CURRENT - 6/24 - 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 as early as Summer 2024. 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)

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Price History

DateEventPriceChange RatePrice Per
11/22/2024Price Reduced$1,349,500.0014.3%$692.05 ft2/$7,449.18 m2
10/31/2024Price Increased$1,575,000.0016.7%$807.69 ft2/$8,693.93 m2
08/16/2024Price Reduced$1,349,500.003.4%$692.05 ft2/$7,449.18 m2
06/24/2024Price Increased$1,397,500.000.2%$716.67 ft2/$7,714.14 m2
06/06/2024Price Reduced$1,395,000.005.4%$715.38 ft2/$7,700.34 m2
04/11/2024Price Reduced$1,475,000.006.3%$756.41 ft2/$8,141.94 m2
09/29/2023Listed$1,575,000.00$807.69 ft2/$8,693.93 m2

Features

Property Details for 2501 W Gulf Unit 102, Sanibel, FL 33957

Condo current status is Active, 2501 W Gulf Unit 102 is a Condo in , Sanibel, FL 33957 with property MLS ID# 223069716. This 1950square foot Condo sits on a 1950 square foot lot and features 3 bedrooms and 2 bathrooms. This Condo has been listed on Best of Luxury Realty since September 29, 2023 and is currently priced at 1,349,500. This property was built in 1986.

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Area Specialist

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Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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