2611 W Gulf Dr B101
Sanibel Fl 33957

$1,200,000

  •  alt=
  •  alt=
  •  alt=
  •  alt=
  •  alt=
  •  alt=
  •  alt=
  •  alt=

Would you like more information?
  • This field is for validation purposes and should be left unchanged.
By The Sea condo complex sustained damage from Hurricane Ian. The complex is currently defining the scope of the project to rebuild, determining the budget, and awaiting notification from their insurance companies regarding the claim amount to expect. The Association will then vote to determine if 75% of members agree to renovate/rebuild. The vote is expected in January 2023. Then all of the units within the entire complex will be gutted and renovated to the drywall and tape. Owners will customize their own units. There may be assessments related to this work. It is expected the renovation/rebuild will take approximately 12 months from projects start date until homeowners get possession of their units for their own finishings. The listing price of this unit represents a significant discount (nearly $1M) to account for the interior upgrades that will need to be made. Access to the complex will be restricted after November 27. Aerial photo represents complex condition prior to the storm.

2611 W Gulf Dr B101
Sanibel Fl 33957

$1,200,000

  • Lee County
  • Date updated: 11/27/2022

Features

Beds: 3
Baths: 2 Full
Lot Size: acres
Lot #: B101
Year Built: 1982
Fireplace:
  • 0
Pool:
  • 0
Roof:
  • Tile
Property Type: Condo
Rooms:
  • See Remarks
Amenities:
  • Elevator
  • Pool
  • Tennis Court(s)
Taxes: $11,211

SANCAP #2220673

Listing Courtesy Of: Susan McCallion, McCallion and McCallion

The MLS listing data sources are listed below. The MLS listing information is provided exclusively for consumer's personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.


Properties marked with the FGCMLS are provided courtesy of The Florida Gulf Coast Multiple Listing Service, Inc.

Properties marked with the SANCAP are provided courtesy of Sanibel & Captiva Islands Association of REALTORS®, Inc.