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Sanibel, FL 33957 - Pine Cove Of Sanibel
If you are in search of a beautiful, spacious, and well-located condo on Sanibel Island, this is the ideal opportunity for you. This beachfront 3-bedroom condo on Sanibel Island is a rare find. It is located in a small, cozy community with only 16 units. The stunning Gulf views are unbeatable, and it is one of the few 3-bedroom units on the island that allows 7-day rentals. Already in a successful, vacation rental program making. There is plenty of room to spread out, with 1,950 square feet plus a large lanai. The primary suite is huge, and the primary bathroom has a walk-in shower and double sinks. The living room includes an area for a wet bar, so you can entertain guests in style. There is also one assigned covered parking spot and a storage closet. The condo is located in a desirable area, close to all of the island's amenities, including restaurants and shops. It will be "white box" ready in October, meaning that it will be completely empty and ready for the new owner to make it their own. Vacation management company has a showroom and contractors in place and ready to get started putting new finishes in place. Updated rental projections shows $116K net income potential!
Information last updated on Friday, September 29th, 2023 at 06:30 AM
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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.
$1,575,000