2501 W Gulf Dr 102, SANIBEL

$1,475,000

3 Beds
2 Baths
1,950 Sqft
.17 Acres
0 Garages

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.

Essential Information
MLS® #223069716
Price$1,475,000
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,950
Square Footage2130.00
Acres0.17
Year Built1986
TypeResidential
Sub-TypeCondominium
StyleLow Rise, None
StatusActive
Community Information
Address2501 W Gulf Dr 102
AreaSI01 - Sanibel Island
SubdivisionPINE COVE OF SANIBEL
CitySANIBEL
CountyLee
StateFL
Zip Code33957
Amenities
FeaturesZero Lot Line
ViewGulf, Pool
Is WaterfrontYes
WaterfrontBeach Front
Has PoolYes
PoolCommunity
Amenities

Beach Rights, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Beach Access

Utilities

Cable Available, High Speed Internet Available

Parking

Assigned, Guest, One Space, Covered, Underground

Garages

Assigned, Guest, One Space, Covered, Underground

Interior
InteriorTile, Concrete
HeatingCentral, Electric
CoolingCentral Air, Electric
# of Stories1
Interior Features

Breakfast Bar, Entrance Foyer, Living/Dining Room, Cable TV, Walk-In Closet(s), Main Level Primary, None, Sitting Area in Primary

Exterior
ExteriorBlock, Concrete, Stucco
Lot DescriptionZero Lot Line
WindowsImpact Glass
RoofBuilt-Up, Flat
ConstructionBlock, Concrete, Stucco
Exterior Features

Security/High Impact Doors, None

Additional Information
Date ListedSeptember 29th, 2023
HOA Fees0.00
Listing Details
OfficeRoyal Shell Real Estate, Inc.
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