805 E Gulf Drive Unit H7, Sanibel, FL 33957

$355,000
1
BD
1
BA
638
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$355,000
List Price
$399,900
Listing Price
$399,900
Closing Date
Sep 25, 2023
Days on Market
45
MLS#
223056833
Bedrooms
1
Bathrooms
1
Living Sq. Ft
638
Property Class
Condo
Building Design
Low Rise (1-3)
Status
CLOSED
County
Lee
Region
SI01 - Sanibel Island
Development
Sanibel Arms

Property Description

Fantastic opportunity to purchase an income producing condo at Sanibel Arms. Always a favorite location on the east end of Sanibel, with one of the best beaches on the island. Amenities include, beautiful, direct gulf frontage, pool, clubhouse, grills, picnic area and fantastic onsite management with a very active rental program. Sanibel Arms will be better than ever once all restoration work is complete. This upper level, 1 bedroom/1 bath unit on the gulf side of the complex was a showplace prior to Ian. The unit had damage from the roof during Ian and it has been fully mitigated. Association is replacing windows with impact glass and will be adding a new A/C. Appliances are in the unit but not warranted. Being sold As-Is. All furnishings were new in 2022 and majority are in storage waiting for the unit to be restored. Sanibel Arms boasts onsite management, boat dock(on canal side), pool, clubhouse. Priced to sell, this is a great opportunity!

Additional Information

Year Built
1971
Carport Spaces
1
furnished
Unfurnished
Pets
Call, Conditional
Amenities
Beach Rights, Boat Dock, Beach Access, Clubhouse, Barbecue, Picnic Area, Pool, Tennis Court(s)
Community Type
Condo Hotel Community, Near Hotel/Motel
View
Canal
Boat Access
Concrete Dock, Dock Included
Waterfront Description
Canal Access
Building Description
Garden Home, Other, Low Rise
Lot Size
0.1242
Construction
Block, Concrete, Stucco
Rear Exposure
S
Roof
Built-Up, Flat
Flooring
Carpet, Tile
Exterior Features
Storage
Water
Public
Sewer
Public Sewer
Cooling
Central Air, Electric
Interior Features
Living/Dining Room, Tub Shower
Total Annual Recurring Fees
$8796
Gulf Access
Yes
Waterfront
Yes
Unit Floor
2
Furnished Description
Unfurnished

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of VIP Realty Group,Inc. Selling Office: .