827 E Gulf Drive Unit L1
Sanibel, FL 33957
- 2 beds
- 2 baths
- 1,040 sqft
- $720 per sqft
- 1974 build
- – on site
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!
Listing courtesy of FGCMLS / VIP Realty Sanibel and Captiva
Last checked:
Checking…
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Last updated Jan 22, 2025
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MLS# 225008077 —
The Building
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Year Built:1974
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Construction Materials:Block,Concrete,Stucco
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Building Area Total:1260.0
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Building Area Source:Plans
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Architectural Style:Florida,LowRise
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Unit Number:L1
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Roof:BuiltUp,Flat
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Exterior Features:SecurityHighImpactDoors,OutdoorShower,TennisCourts
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Window Features:ImpactGlass
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Patio And Porch Features:Lanai,Porch,Screened
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Security Features:SmokeDetectors
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Stories Total:2
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Entry Level:1
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Direction Faces:Northeast
Interior
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Interior Features:BreakfastBar,LivingDiningRoom,ShowerOnly,SeparateShower,CableTv,HighSpeedInternet,SplitBedrooms
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Furnished:Unfurnished
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Flooring:Tile
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Laundry Features:CommonArea,Inside
Room Dimensions
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Living Area:1040.0
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Living Area Source:Plans
Financial & Terms
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Possession:SubjectToTenantRights
Location
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Directions:From Causeway Rd continue straight on Lindgren Blvd - Make left on East Gulf Drive - Sanibel Arms West is on the right. Check in office is on the left.
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Latitude:26.441585
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Longitude:-82.033967
The Property
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Property Type:Residential
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Property Sub Type:Condominium
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Property Sub Type Additional:Condominium
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Property Condition:Resale
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View:Bay,Gulf,Partial
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View:true
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Lot Features:OversizedLot
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Lot Size Units:Acres
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Lot Dimensions Source:Appraiser
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Parcel Number:29-46-23-T1-005L0.0010
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Structure Type:LowRise
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Waterfront:true
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Waterfront Features:Gulf
Listing Agent
- Contact info:
- Agent phone:
- (239) 851-5188
- Office phone:
- (239) 472-5187
Taxes
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Tax Year:2023
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Tax Lot:1
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Tax Legal Description:SANIBEL ARMS WEST CONDO OR 841 PG 619 APT L-1
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Tax Annual Amount:1840.76
Beds
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Bedrooms Total:2
Baths
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Bathrooms Total:2
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Bathrooms Full:2
Heating & Cooling
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Heating:Central,Electric
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Heating:true
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Cooling:CentralAir,CeilingFans,Electric
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:Dryer,Dishwasher,Freezer,Disposal,Microwave,Range,Refrigerator,Washer
The Community
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Subdivision Name:SANIBEL ARMS WEST CONDO
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Community Features:CondoHotelCommunity,NearHotelMotel
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Number Of Units In Community:104
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Association:true
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Association Fee 3:1618.0
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Association Fee 3 Frequency:Monthly
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Association Fee Includes:AssociationManagement,CableTv,Insurance,Internet,IrrigationWater,Laundry,LegalAccounting,MaintenanceGrounds,PestControl,Sewer,Trash,Water
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Association Amenities:BeachRights,BasketballCourt,BoatDock,BeachAccess,BoatRamp,BikeStorage,Clubhouse,Laundry,Pool,Storage,TennisCourts
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Spa:false
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Pool Features:Community
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Pool Private:false
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Pets Allowed:No
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Senior Community:false
Parking
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Garage:false
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Carport:false
Monthly cost estimate
Asking price
$749,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,010
|
Taxes | $153 |
Insurance | $205 |
Utilities | $113 See report |
Total | $4,481/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.