• 1501 Middle Gulf Drive #A208 SANIBEL, FL 33957

  • $995,000
  • 2
    Bed(s)
  • 2
    Baths
  • 1,042
    Sq Ft
  • 0.15
    Acre

Directly on the Gulf of Mexico! The views are absolutely phenomenal from this second floor 2 bedroom, 2 bath condo in the A building. This condo has enjoyed wonderful rental income through an outside rental agency. 2021 income = 98,215 and 2022 thru September was $95,331.00. Income would have easily exceeded 100k in 2022. This unit is covered by association insurance for all walls and exterior doors and windows. The Association insurance is also covering anything that was located within the bottom 4 feet of the condo. Owner is responsible for upper cabinetry, appliances located above the 4 feet, and for painting. Claremont can finish the lower 48 inches of the condo at no expense to a new buyer or the new buyer can opt for a payout from the Association. Interior finish selections are on display at the Sundial Resort for a new buyer to choose from. This unit should remain one of the top grossing units once finished and the Gulf of Mexico views will remain spectacular!

Property Type :

Residential

Subdivision :

Sundial Of Sanibel

County :

Lee

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 2

Bathroom Information

Total Baths: 2

Full Baths: 2

Half Baths: 0

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Room Information

1042

Total Rooms: 2

Interior Features

Roof : Built-Up,Flat

Exterior Property Features : Security/High Impact Doors,Outdoor Grill

Interior Features: Breakfast Bar,Living/Dining Room,Shower Only,Separate Shower,High Speed Internet

Windows: Single Hung,Sliding,Impact Glass

Flooring: Other

Laundry Features: Common Area,Inside

Cooling Features: Central Air,Electric

Heating Features: Central,Electric

Building Information

Year Built: 1974

Construction: Block,Concrete,Stucco

Roof: Built-Up,Flat

Exterior Features

Security/High Impact Doors,Outdoor Grill

Lot Information

Lot Dimensions: Other

Lot Size Acres: 0.15

Property Information

SQ ft: 1,042

Subdivision: SUNDIAL OF SANIBEL

Source Listing Status: Active

Ownership: Condo

Source Property Type: Residential

Area: SI01 - Sanibel Island

Property SubType: Condominium

Total Square Feet Living: 1150

Year Built: 1974

Construction Materials: Block,Concrete,Stucco

Property Age: 50

Levels or Stories: 1

House Style: Garden Home,Low Rise

Listing Price Information

Original List Price: $995,000

Tax Information

Parcel Number: 30-46-23-T4-02101.2050

Parking Information

Parking Features: Common,Underground,Paved

Homeowners Association Information

Association : Yes

Beach Rights,Beach Access,Clubhouse,Laundry,Pickleball,Pool,Restaurant,Shuffleboard Court,Storage,Tennis Court(s)

$Association Amenities :Beach Rights,Beach Access,Clubhouse,Laundry,Pickleball,Pool,Restaurant,Shuffleboard Court,Storage,Tennis Court(s)

Calculated Total Monthly Association Fees : 0

Pets Allowed : Call,Conditional

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2445 W Gulf Drive #A25, Sanibel, FL,33957 $1,295,000 2 2 1,243 --
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200 Periwinkle Way #232, Sanibel, FL,33957 $869,000 3 2 1,578 --
487 E Gulf Drive, Sanibel, FL,33957 $2,100,000 3 3 2,288 0.08 Acre
601 Periwinkle Way #C6, Sanibel, FL,33957 $399,000 1 1 638 0.0771 Acre
2959 W Gulf Drive #204, Sanibel, FL,33957 $2,695,000 3 3 2,850 0.1441 Acre
1028 Bayview Drive, Sanibel, FL,33957 $3,850,000 -- -- -- 0.498 Acre
2276 Wulfert Road, Sanibel, FL,33957 $1,600,000 4 5 4,186 0.431 Acre
355 Cowry Court, Sanibel, FL,33957 $512,000 -- -- -- 0.87 Acre
1919 Olde Middle Gulf D.., Sanibel, FL,33957 $995,000 2 2 1,071 0.0957 Acre

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ByOwner last updated this listing 04/28/2024 @ 17:59

MLS: 224019035
LISTED BY: Teresa Baker, VIP Realty Group,Inc
SOURCE: SWFL
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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