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827 E Gulf DR L1 SANIBEL, FL 339571 / 23

$749,000

827 E Gulf DR L1

location_onSANIBEL, FL 33957 · Lee County

2Beds2Baths1,040Sq Ft1974Built

About This Property

This stunning Gulf-view condo offers everything you need for a perfect coastal retreat or a solid investment. Featuring 2 beautifully renovated bedrooms and 2 baths, the condo exudes charm and comfort. Step outside and enjoy the gorgeous beach just moments away, or take advantage of the canal for some peaceful boating. The amenities are exceptional with a pool, tennis courts, and the opportunity for impressive rental income. With on-site rental management bringing in over $75,000 per year, the potential for return on investment is fantastic. Plus, Sanibel Arms West is about to open for rentals, offering even more opportunities to capitalize on this prime location. Don’t miss out on this incredible opportunity—whether you’re looking for a vacation home or a lucrative rental property, this condo checks all the boxes!

infoProperty Details

Property Type
Low Rise (1-3)
Year Built
1974
Living Area
1,040 sqft
Bedrooms
2
Bathrooms
2
Garage Spaces
0
Ownership
Condo
Days on Market
335
List Date
Jan 21, 2025
Annual Taxes
$2K (2023)
HOA Fee
$0

chairInterior Features

Appliances

DishwasherDisposalDryerMicrowaveRangeRefrigerator/FreezerWasher

Flooring

Tile

Cooling

Ceiling Fan(s)Central Electric

Heating

Central Electric

yardExterior & Lot

Construction

Concrete BlockStucco

Roof

Built-Up or Flat

Waterfront

Bridge(s)/Water IndirectGulf Frontage

View

GulfPartial Bay

Listed By

Royal Shell Real Estate, Inc.

239-472-0078