805 E Gulf DR H7 Sold

Sanibel, FL 33957 - Sanibel Arms

$355,000

Reduced - $44,900

Description

Fantastic opportunity to purchase an income producing condo at Sanibel Arms. Always a favorite location on the east end of Sanibel, with one of the best beaches on the island. Amenities include, beautiful, direct gulf frontage, pool, clubhouse, grills, picnic area and fantastic onsite management with a very active rental program. Sanibel Arms will be better than ever once all restoration work is complete. This upper level, 1 bedroom/1 bath unit on the gulf side of the complex was a showplace prior to Ian. The unit had damage from the roof during Ian and it has been fully mitigated. Association is replacing windows with impact glass and will be adding a new A/C. Appliances are in the unit but not warranted. Being sold As-Is. All furnishings were new in 2022 and majority are in storage waiting for the unit to be restored. Sanibel Arms boasts onsite management, boat dock(on canal side), pool, clubhouse. Priced to sell, this is a great opportunity!

Address

  • Address: 805 E Gulf DR H7
  • City: Sanibel
  • State/Country: Florida, United States
  • Zip: 33957
  • Community: Sanibel Arms
  • Community Type: Condo/hotel
  • Subdivision: Sanibel Arms

Detail

Information last updated on Monday, September 25th, 2023 at 02:07 PM

  • MLS ID: 223056833
  • Price: $355,000
  • Property Size: 638 Sq Ft
  • Bedrooms: 1
  • Bathrooms: 1
  • Garage Spaces: 0
  • Year Built: 1971

Additional details

  • Acres: 0.12
  • Approx Living Area: 638
  • Baths Full: 1
  • Baths Total: 1
  • Bedrooms: 1 Bed
  • Beds Total: 1
  • Buyer Agent Comp: 2.5%
  • Cable Available YN: 1
  • Carport Spaces: 1
  • CDOM: 49
  • Created Date: August 7th, 2023
  • Current Price: $355,000
  • DOM: 18
  • Flood Ins YN: 1
  • Gulf Access YN: 1
  • HOA Fee: $733
  • Latitude: 26.442368
  • Lease Limits YN: 1
  • Leases Per Year: 52
  • List Price: $399,900
  • Longitude: -82.033347
  • Lot Unit: 7
  • Mandatory HOAYN: 1
  • Min Daysof Lease: 7
  • MLS Number: 223056833
  • Num Unit Floor: 2
  • Original List Price: $399,900
  • Parcel Number: 29-46-23-T1-0030H.0070
  • Parking: 1 Assigned
  • Postal Code: 33957
  • Section: 29
  • Taxes: $4,052
  • Tax Year: 2022
  • Total Annual Recurring Fees: $8,796
  • Total Area: 638
  • Total Floors: 2
  • Trans Broker Comp: 2.5%
  • Unitsin Building: 8
  • Unitsin Complex: 64
  • Waterfront YN: 1
  • Year Built: 1971

Vital Information

Low Rise (1-3)

  • Size: 638 sqft
  • Beds: 1 Bed
  • Baths: 1
  • Price: $355,000

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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