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Condo For Sale
1501 Middle Gulf Drive
Sanibel, Florida 33957
Lee CountyWaterfront:
YesCommunity: Sundial Of Sanibel
$995,000
2 br, 2.0 bath
1042 sq. ft.
0.150 acres
Directly on the Gulf of Mexico! The views are absolutely phenomenal from this second floor 2 bedroom, 2 bath condo in the A building. This condo has enjoyed wonderful rental income through an outside rental agency. 2021 income = 98,215 and 2022 thru September was $95,331.00. Income would have easily exceeded 100k in 2022.
This unit is covered by association insurance for all walls and exterior doors and windows. The Association insurance is also covering anything that was located within the bottom 4 feet of the condo. Owner is responsible for upper cabinetry, appliances located above the 4 feet, and for painting. Claremont can finish the lower 48 inches of the condo at no expense to a new buyer or the new buyer can opt for a payout from the Association. Interior finish selections are on display at the Sundial Resort for a new buyer to choose from. This unit should remain one of the top grossing units once finished and the Gulf of Mexico views will remain spectacular!
Interior:
- Bedrooms: 2
- Baths: 2.0
- Sq Ft: 1042
- Year Built: 1974
- Utilities:
- Fireplaces:
- Stories: 1.0
- Heat/AC: Central Furnace
- Garage:
Exterior:
- Lot Size: 0.150 acre
- Lot Dimensions:
- Waterfront: Yes
- View Types:
- Yard:
- Siding: Block,Concrete Block,Stucco
- Roof: Unknown
- Property Taxes: $762
- MLS #: 224019035
- Unit Number: A208
Ad Number: 4698811
Viewed 21 times.
Updated: Mar 11, 2024
This property is a Condo located at 1501 Middle Gulf Drive, Sanibel, Florida 33957, and is currently For Sale at $995,000. This Condo has 2 bedrooms, 2.0 baths, 1042 sq ft.
Listing Agent: Teresa Baker, VIP Realty Group, Inc., 239-233-6364, 239-472-5187
Listing Site, Listing Status: Active
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