827 E Gulf Dr L1, SANIBEL, FL

$749,000

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2

Beds

2

Baths

1,040

Square feet

About 827 E Gulf Dr L1

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!

Features of 827 E Gulf Dr L1

MLS® # 225008077
Price $749,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,040
Acres 0.00
Year Built 1974
Type Residential
Sub-Type Low Rise (1-3), Condo
Style Florida, Low Rise (1-3)
Status Active

Community Information

Address 827 E Gulf Dr L1
Area SI01 - Sanibel Island
Subdivision SANIBEL ARMS WEST CONDO
City SANIBEL
County Lee
State FL
Zip Code 33957

Amenities

Amenities Basketball Court, Beach Access, Bike Storage, Clubhouse, Common Laundry, Community Gulf Boat Access, Pool, Storage, Internet Access, Tennis Court(s)
View Gulf, Partial Bay
Is Waterfront Yes
Waterfront Gulf Frontage
Has Pool No
Pool Community

Interior

Interior Features Smoke Detectors
Appliances Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
Heating Central Electric
Cooling Ceiling Fan(s), Central Electric
Fireplace No

Exterior

Exterior Concrete Block, Stucco
Exterior Features Concrete Dock, Screened Lanai/Porch, Outdoor Shower, Tennis Court(s)
Lot Description Oversize
Roof Built-Up
Construction Concrete Block, Stucco

Additional Information

Date Listed January 21st, 2025
Foreclosure No
Short Sale No
HOA Fees 43416

Listing Details

OfficeRoyal Shell Real Estate, Inc.

Listing Map

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