827 E Gulf Drive Unit M2, Sanibel, FL 33957

$525,000
2
BD
2
BA
1,040
SqFt
Sold Price
$525,000
List Price
$546,000
Status
CLOSED
MLS#
219048923
Closing Date
Dec 21, 2020
Bedrooms
2
Bathrooms
2
Living Area
1,040
Development
Sanibel Arms West Condo
Subdivision
Sanibel Arms West Condo

Property Description

Listen to the waves crash against the white sand beaches just steps from the front door of this beautifully updated 2 bedroom Sanibel Arms West unit. Nothing was overlooked in the stunning interior remodel that features an open kitchen with a great layout offering upscale cabinetry, granite counter tops, breakfast bar and recessed lighting. The floors are tiled throughout for ease of use and the bathrooms have also been nicely updated. The unit has a great flow accented by newer furnishings and is also very well appointed. Unit was newly painted October 2019. Feel right at home as you enjoy your tropical vacation or take advantage of the amazing income potential and attractive rental management splits if you decide to rent your unit when you are not enjoying it. This GOLD level unit earned $52,232 in rental income in 2018 and 2019 is currently $54,297! Community features a large pool, great beach frontage, on site rental office, and a convenient east end location. Your tropical dream awaits.

Additional Information

Taxes
$6,102
HOA Fee
$2,876
Condo Fee
$460
Year Built
1974
Community Type
NonGated
Construction
Block, Concrete, Stucco
Living Area
1,040
Interior Features
LivingDiningRoom, Other, TubShower
Amenities
Beach Rights, Boat Dock, Beach Access, Clubhouse, Pool, Tennis Court(s)
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Central, Electric
Flooring
Tile
View
Landscaped
Waterfront Description
None
Water
Public
Sewer
Public Sewer
Pool Description
Community
Stories
2
Pets
No

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Premier Sotheby's Int'l Realty. Selling Office: .