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2501 W Gulf Drive UNIT 102,  Sanibel, FL 33957

MLS# 223069716.  3 beds.  2.0 baths.  Condo.  Active

Furnished.

$1,349,500   Reduced by $225,500 (16.7%)

 

Remarks:

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)

Quick Info:

  • Listing is courtesy Of: Royal Shell Real Estate, Inc. ((239-322-5680))
  • Listing Agent: Ross Winchel ((239-898-1214))
  • Days on yellowkey: 454
  • Property Type: Condo
  • Beds: 3
  • Baths: 2.0
  • Living Area Square Feet: 1950
  • Built 1986
  • PINE COVE OF SANIBEL OR 1787 PG 3886 UNIT 102
  • Pool: Yes
  • 0 Days off yellowkey (back on 9/26/2024 )
  • Garage Spaces:0 ()
  • Square Feet: 2130
  • Fees: $0
  • Lee County
  • Terms:
  • Subdivision Info:
  • Pet Restrictions: No
  • Occupancy Information:
  • Community:
  • Membership Purchase Required:
  • Development Name:
  • Subdivision Name: Pine Cove Of Sanibel
  • Complex Name:

Interior Details:

  • Interior Levels:
  • Stories:
  • Bedroom Description:
  • Master Bathroom Description:
  • Interior Features: Breakfast Bar, Entrance Foyer Entry, Living/Dining Room, Main Level Primary, None, Sitting Area in Primary, Cable TV, Walk-In Closet(s)
  • Dining Description:
  • Furnished
  • Floor:
  • Cooling: Central Cooling Air, Electric Cooling
  • Heating: Central, Electric
  • Equipment/Appliances:
  • Other Rooms:
  • Windows Treatment:
  • Cable Available
  • Water Utility:

Exterior/Other Details:

  • Design:
  • Design Description:
  • Guest House Living Area:
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  • Efficiency:
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  • Guest House Description:
  • Garage Description:
  • Carport Spaces: 0
  • Carport Description:
  • Parking Description: Assigned, Covered, Underground, Guest, One Space
  • Pool Description: Community
  • Pool Dimensions:
  • Lot: Zero Lot Line Acres
  • Front Exposure:
  • Exterior Features: Security/High Impact Doors, None
  • Roof Description:Built-Up Roof, Flat
  • Security:
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  • Miscellaneous:
  • View:Gulf, Pool
  • Waterfront Front:
  • Waterfront Description: Beach Front
  • Water Access:

History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
11/22/2024Sale420223069716Price Change$1,349,500-14.32%692.0512MLS
10/31/2024Sale398223069716Price Change$1,575,00016.71%807.6923MLS
9/26/2024Sale363223069716Listing Removed$1,349,500-692.0512MLS
9/26/2024Sale363223069716Back on yellowkey$1,349,500-692.0512MLS
8/16/2024Sale322223069716Price Change$1,349,500-3.56%692.0512MLS
6/24/2024Sale269223069716Price Change$1,397,5000.18%716.6666MLS
6/11/2024Sale256223069716Price Change$1,395,000-5.73%715.3846MLS
4/11/2024Sale195223069716Price Change$1,475,000-6.78%756.4102MLS
9/29/2023Sale0223069716Listed for Sale$1,575,000-807.6923MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, South Broward Board of REALTORS®, MIAMI MLS, JTHS MLS, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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