979 E Gulf DR E572 Sold

Sanibel, FL 33957 - Loggerhead Cay Condo

$670,000

Reduced - $49,000

Description

Well-appointed and open 2nd floor condo unit is a top grossing Rental in Loggerhead Cay. Located in a building directly on the beach, gross rentals have exceeded $68,000 annually since 2017. 2021 has over $20,000 in rental income on the books. The master in this 2nd floor unit overlooks the beautiful pool and lush grounds. The lanai and living area have views of the Gulf and the pool. Each bedroom has an adjacent separate bathroom. This popular, turnkey, updated condo has double the average rentals and cash flow of other units, qualifying for extra personal use without losing tax advantages. Hurricane impact windows throughout make the condo safe, quiet and energy efficient, with a preferred insurance rate. Its dual built-in UV air sterilization kills 99.9% of viruses and other pathogens. A complementary portable UV system adds peace of mind. You can’t beat this condo for family enjoyment, safety and income in one of Sanibel’s most popular Gulf-front condominium resorts. Convenient to the heart of Sanibel, with quick mainland access. Enjoy the beach while others sit in traffic.

Address

  • Address: 979 E Gulf DR E572
  • City: Sanibel
  • State/Country: Florida, United States
  • Zip: 33957
  • Community: Loggerhead Cay Condo
  • Community Type: Condo/hotel,non-gated,tennis
  • Subdivision: Loggerhead Cay Condo

Detail

Information last updated on Wednesday, May 26th, 2021 at 12:39 PM

  • MLS ID: 220061322
  • Price: $670,000
  • Property Size: 1,184 Sq Ft
  • Bedrooms: 2
  • Bathrooms: 2
  • Garage Spaces: 0
  • Year Built: 1975

Additional details

  • Approx Living Area: 1184
  • Baths Full: 2
  • Baths Total: 2
  • Bedrooms: 2 Bed
  • Beds Total: 2
  • Cable Available YN: 1
  • CDOM: 733
  • Co Selling Agent_MUI: 22887382
  • Created Date: September 25th, 2020
  • Current Price: $670,000
  • DOM: 200
  • Lease Limits YN: 1
  • Leases Per Year: 52
  • List Price: $719,000
  • Lot Unit: 572
  • Mandatory HOAYN: 1
  • Master HOA Fee: $665
  • Min Daysof Lease: 7
  • MLS Number: 220061322
  • Num Unit Floor: 2
  • Original List Price: $719,000
  • Parcel Number: 30-46-23-T2-0070E.5720
  • Parking: 1 Assigned
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 25
  • Postal Code: 33957
  • Section: 30
  • Taxes: $6,660
  • Tax Year: 2018
  • Total Annual Recurring Fees: $7,980
  • Total Area: 1184
  • Total Floors: 4
  • Unitsin Building: 32
  • Unitsin Complex: 168
  • Waterfront YN: 1
  • Year Built: 1975

Vital Information

Mid Rise (4-7)

  • Size: 1,184 sqft
  • Beds: 2 Bed
  • Baths: 2
  • Price: $670,000

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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