805 E Gulf DR #D7
SANIBEL, FL 33957

$439,000

Beds: 1
Baths: 1
Sq. Ft.: 638
Type: Condo
Listing #223091618
Here's your chance to own a slice of paradise! This updated 1bed/1bath top floor unit in the desirable Sanibel Arms Gulfside complex is a stellar investment opportunity. Whether you use the condo for your family vacations or rent it out for income, you couldn't choose a better complex. Sanibel Arms' amenities include boardwalk beach access, community pool, clubhouse, canal-side docks, grills and picnic area, bike storage, and an onsite vacation rental management office. Weekly rentals generate high rental income potential. The east-end location provides quick access to the Causeway or the iconic Sanibel Lighthouse. Easily walk just steps to the beach or the community pool and clubhouse. Sanibel Arms is currently under construction with the estimated date for reopening early 2025, per management. The building has no power, therefore, appliances have not been tested and are not warranted. Renovated in 2022, the interior sustained no damage from Hurricane Ian.
Property Features
Location Information
County: Lee
Development: SANIBEL ARMS
MLS Area: SI01 - Sanibel Island
Community: Condo/Hotel
Latitude: 26.442368
Longitude: -82.033347
Subdivision: SANIBEL ARMS
Interior Features
Rooms: None
Interior: Other
Dining Room Description: Dining - Living
Heating: Central Electric
Cooling: Central Electric
Floors: Carpet, Tile
Total Number of Units: 8
Exterior Features
Style: 2 Story
Stories: 2
Construction: Concrete Block, Stucco
Roof: Built-Up, Metal
Garage Description: 0
Irrigation: Central
Pool Description: Community
Lot Description: Regular
Lot Size in Acres: 0.116
Storm Protection: Other
Rear Exposure: E
Waterfront Description: Gulf Frontage
View Description: Landscaped Area
Additional Information
Property Type: CND
Property SubType: Condo
Building Design: Low Rise (1-3)
Year Built: 1971
Status: Active
Floor of Unit: 2
HOA Fee: $7,704
HOA Frequency: Monthly
Additional Fees: Master HOA Fee: 642, Master HOA Fee Frequency: Monthly
Restrictions: None/Other
Pets: Limits
Boat Access: None
Amenities: Beach Access, Common Laundry, Pool, Community Room
Maintenance: Cable, Insurance, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Rec Facilities, Trash Removal, Water
Tax Year: 2022
Tax Amount: $3,895.69


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of: McCallion & McCallion Co-listing agent: Susan McCallion
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Southwest Florida data last updated at April 28, 2024 11:19 AM ET