3111 W Gulf DR 302 Sold

Sanibel, FL 33957 - Kimball Lodge Condo

$552,750

Reduced - $21,250

Description

Historical Charm at the Island Inn. This is your rare opportunity to own a piece of Sanibel History. Located on 550 ft of private beach front grounds of the Island Inn Sanibel’s oldest accommodations. This penthouse condo which has been completely remodeled offers views oft he pristine beach found on West Gulf Drive. The Island Inn Resort surroundings allow you to enjoy amenities of Gulf front pleasures with a pool, restaurant, tennis courts, shuffleboard and outside living areas. This residence embodies the best of Sanibel both past and present.This unique 800 sq. ft. 1bedroom 1 bathroom Gulf front condo at the Kimball Lodge offers historical charm and modern day luxury with tremendous rental revenue of almost $60,000 annually!!. For more than a century, vacationers have sought out Sanibel Island Inn as the premier Sanibel Island hotel and resort destination. Today, people come to Sanibel Island Inn to vacation with family, host the perfect wedding, or simply get away Unit does upwards of $58,000 annually. Future rentals booked for 2021 are upwards of $25,000Seller is willing to finance up to $65,000 with acceptable purchase price.

Address

  • Address: 3111 W Gulf DR 302
  • City: Sanibel
  • State/Country: Florida, United States
  • Zip: 33957
  • Community: Kimball Lodge Condo
  • Community Type: Condo/hotel
  • Subdivision: Kimball Lodge Condo

Detail

Information last updated on Wednesday, May 26th, 2021 at 12:40 PM

  • MLS ID: 220069033
  • Price: $552,750
  • Property Size: 800 Sq Ft
  • Bedrooms: 1
  • Bathrooms: 1
  • Garage Spaces: 0
  • Year Built: 1971

Additional details

  • Acres: 0.22
  • Approx Living Area: 800
  • Baths Full: 1
  • Baths Total: 1
  • Bedrooms: 1 Bed
  • Beds Total: 1
  • Cable Available YN: 1
  • CDOM: 210
  • Created Date: October 28th, 2020
  • Current Price: $552,750
  • DOM: 138
  • Lease Limits YN: 1
  • Leases Per Year: 52
  • List Price: $574,000
  • Lot Unit: 302
  • Mandatory HOAYN: 1
  • Master HOA Fee: $884
  • Min Daysof Lease: 7
  • MLS Number: 220069033
  • Num Unit Floor: 3
  • Original List Price: $574,000
  • Parcel Number: 34-46-22-T1-00100.3020
  • Parking: 1 Assigned,Guest
  • Postal Code: 33957
  • Private Pool YN: 1
  • Section: 34
  • Taxes: $4,226
  • Tax Year: 2019
  • Total Annual Recurring Fees: $10,608
  • Total Area: 800
  • Total Floors: 3
  • Unit Number: 302
  • Unitsin Building: 9
  • Unitsin Complex: 9
  • Waterfront YN: 1
  • Year Built: 1971

Vital Information

Low Rise (1-3)

  • Size: 800 sqft
  • Beds: 1 Bed
  • Baths: 1
  • Price: $552,750

Virtual Tours

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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