2501 W Gulf Drive 102
Sanibel Fl 33957

$1,475,000

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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.

2501 W Gulf Drive 102
Sanibel Fl 33957

$1,475,000

  • Lee County
  • Date updated: 04/27/2024

Features

Beds: 3
Baths: 2 Full
Lot Size: 0.17 acres
Lot #: 102
Lot Description:
  • Zero Lot Line
Year Built: 1986
Parking:
  • Assigned
  • Covered
  • Underground
  • Guest
  • One Space
Air Conditioning:
  • Central Air
  • Electric
Pool:
  • 0
Roof:
  • Tile
Property Type: Condo
Interior:
  • Breakfast Bar
  • Entrance Foyer
  • Living/Dining Room
  • Main Level Primary
  • None
  • Sitting Area in Primary
  • Cable TV
  • Walk-In Closet(s)
Construction:
  • Block
  • Concrete
  • Stucco
Subdivision:
  • Pine Cove Of Sanibel
Amenities:
  • Beach Rights
  • Beach Access
  • Barbecue
  • Picnic Area
  • Pool
  • Spa/Hot Tub
Taxes: $15,842

FGCMLS #223069716

Listing Courtesy Of: Ross Winchel, Royal Shell Real Estate, Inc.

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.