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2501 W Gulf Drive #102, Sanibel, FL 33957
$1,475,000
2501 W Gulf Drive #102, Sanibel, FL 33957View this property at 2501 W Gulf Drive #102, Sanibel, FL 33957
2501 W Gulf Drive #102SanibelFL33957
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Property Description
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.
Full Property Details
Full Property Details for 2501 W Gulf Dr #102
General
- Price: $1,475,000
- Taxes: $15,841 (2022)
- Status: Active
- Type: Condo
- MLS ID: 223069716
- Updated: 4/25/2024
- Added to Site: 213 day(s) ago
Interior
- Interior Features: Breakfast Bar, Entrance Foyer, Living/Dining Room, Main Level Primary, None, Sitting Area in Primary, Cable TV, Walk-In Closet(s)
- Furnishings: Unfurnished
- Flooring: Concrete, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Inside
Additional Information
- Shared Amenities: Beach Rights, Beach Access, Barbecue, Picnic Area, Pool, Spa/Hot Tub
- Pool: Yes
- Pool Description: Community
Exterior
- Exterior Features: Security/High Impact Doors, None
- Porch/Patio/Deck: Lanai, Porch, Screened
Parking
- Parking Features: Assigned, Covered, Underground, Guest, One Space
Location
- County: Lee
- Subdivision: PINE COVE OF SANIBEL
- Direction Faces: North
Community
- Community Name: SI01 - Sanibel Island
- Association: Yes
- Assoc. Fees Include: Association Management, Legal/Accounting, Maintenance Grounds, Pest Control, Sewer, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, High Speed Internet Available
Structural Information
- Architectural Style: None, Low Rise
- Structure Type: Low Rise
- Construction: Block, Concrete, Stucco
- Roof: Built-Up, Flat
- Windows: Impact Glass
- Elevator: Yes
- Stories/Levels: 1
- Square Feet: 1,950
- Living Area: 1,950 Sq. Ft.
- Year Built: 1986
- Property Condition: Known Damage
Unit Information
- Unit Location: 1
Lot Features
- Property View: Gulf, Pool
- Lot Size (Acres): 0.1729
- Lot Size: .1729
- Lot Size Source: Appraiser
- Irrigation System: Municipal
- Lot Features: Zero Lot Line
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Beach Front
Financial Considerations
- Tax Amount: $15,841.62
- Tax Year: 2022
- Terms: All Financing Considered, Cash
Disclosures and Reports
- Ownership: Condo
- Legal Description: PINE COVE OF SANIBEL OR 1787 PG 3886 UNIT 102
- Disclosures/Rstr.: RV Restriction(s)
- Property ID: 35-46-22-T1-00700.1020
- Block: 700
- Lot Number: 102
Listed by Royal Shell Real Estate, Inc.
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Schools
Schools serving 2501 W Gulf Dr #102
School District:Lee County School District
Rating | Name | Grades | Distance |
---|---|---|---|
3840 Sanibel Captiva Rd, Sanibel, FL 33957 | K-8 | 2.7 mi | |
8901 Cypress Lake Dr, Fort Myers, FL 33919 | 6-8 | 13.9 mi | |
6750 Panther Ln, Fort Myers, FL 33919 | 9-12 | 13.7 mi | |
14020 Plantation Rd, Fort Myers, FL 33912 | 9-12 | 16.4 mi | |
2635 Cortez Blvd, Fort Myers, FL 33901 | 9-12 | 18.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2501 W Gulf Dr #102
Date
Details
Price
Change
Source
4/11/2024
Price Reduced
$1,475,000
-6.35%
MLS
9/29/2023
Listed
$1,575,000
103.23%
MLS
6/26/2012
Sold
$775,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2501 W Gulf Dr #102
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,270
-54%
$504,649
-60%
2022
$15,842
13%
$1,277,171
30%
2021
$13,965
—
$980,959
1%
2021
$13,965
3%
$969,000
4%
2019
$13,561
-2%
$932,663
—
2018
$13,864
-1%
$933,470
—
2017
$13,942
7%
$931,855
7%
2016
$13,067
9%
$869,706
15%
2015
$11,966
9%
$756,900
11%
2014
$10,941
6%
$680,500
9%
2013
$10,291
—
$626,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2501 W Gulf Dr #102
2501 W Gulf Drive #102, Sanibel, FL 33957 (MLS# 223069716) is a Condo property with 3 bedrooms and 2 full bathrooms. 2501 W Gulf Drive #102 is currently listed for $1,475,000 and was received on September 29, 2023. Want to learn more about 2501 W Gulf Drive #102? Do you have questions about finding other Condo real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.