2255 Gulf DR 125 Sold

Sanibel, FL 33957 - Cottage Colony West Condo

$550,000

Reduced - $49,900

Description

STUNNING BEACHFRONT RESORT CONDO IN "CASA YBEL"! THIS UNIT FEATURES DIRECT GULF VIEWS, FULLY FURNISHED "TURN KEY" UNIT HAS BEST BUILDING & UNIT LOCATION. OPEN FLOOR PLAN DIRECT WALK-RIGHT-OUT TO THE BEACH. CASA YBEL IS AN AWARD WINNING "WORLD CLASS" RESORT WITH COMPLETE RICH AMENITIES SUCH AS RESORT STYLE POLL, TENNIS COURTS, PICKLE BALL AND UPSCALE DINNING AT THE THISTLE LODGE OR CASUAL DAYTIME DINNING AT POOLSIDE AT "COCONUTS BAR & THE GRILL". THIS UNIT GROSSES $90,000+/- ANNUALLY IN GROSS RENTAL INCOME AND APPROXIAMATELY A BETTER THEN 7% RETURN (THE VACATION SAVINGS, OWNER USAGE 35 DAYS IS VALUED AT $17,000). EXTREMELY HIGH DEMAND LOCATION AND RESORT. CLOSE TO ALL THE TOP SPOTS OF INTEREST ON SANIBEL AS WELL AS EASY OFF & ON ISLAND LOCATION. THERE IS AN ON-SITE MANAGEMENT FOR EASY RENTAL OWNERSHIP WITH NO FUSS OR MESS TO WORRY ABOUT. CAN BE 1031 EXCHANGE. UNIT COMES WITH ONE YEAR HOME WARRANTY FOR TOTAL BUYER COMFORT.

Address

  • Address: 2255 Gulf DR 125
  • City: Sanibel
  • State/Country: Florida, United States
  • Zip: 33957
  • Community: Cottage Colony West Condo
  • Community Type: Condo/hotel,non-gated,tennis
  • Subdivision: Cottage Colony West Condo

Detail

Information last updated on Tuesday, February 15th, 2022 at 01:05 PM

  • MLS ID: 221037485
  • Price: $550,000
  • Property Size: 827 Sq Ft
  • Bedrooms: 1
  • Bathrooms: 1
  • Garage Spaces: 0
  • Year Built: 1978

Additional details

  • Acres: 0.09
  • Application Fee: $100
  • Approx Living Area: 827
  • AVMYN: 1
  • Baths Full: 1
  • Baths Total: 1
  • Bedrooms: 1 Bed
  • Beds Total: 1
  • Buyer Agent Comp: 2.5%
  • Cable Available YN: 1
  • CDOM: 428
  • Created Date: May 20th, 2021
  • Current Price: $550,000
  • DOM: 222
  • HOA Fee: $1,030
  • Latitude: 26.424289
  • List Price: $559,900
  • Longitude: -82.070991
  • Lot Unit: 4
  • Mandatory HOAYN: 1
  • MLS Number: 221037485
  • Non Rep Comp: 2.5%
  • Num Unit Floor: 1
  • Original List Price: $599,900
  • Parcel Number: 35-46-22-T2-0140D.0040
  • Postal Code: 33957
  • Price Per Sq Ft: $665
  • Section: 35
  • Selling Agent Direct Work Phone: 239-272-2387
  • Taxes: $7,950
  • Tax Year: 2020
  • Total Annual Recurring Fees: $12,360
  • Total Area: 827
  • Total Floors: 2
  • Trans Broker Comp: 2.5%
  • Transfer Fee: $100
  • Unit Number: 125
  • Unitsin Building: 1
  • Unitsin Complex: 1
  • Waterfront YN: 1
  • Year Built: 1978

Vital Information

Low Rise (1-3)

  • Size: 827 sqft
  • Beds: 1 Bed
  • Baths: 1
  • Price: $550,000

Virtual Tours

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Broker Reciprocy

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2024 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Equity Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program.

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