2840 W Gulf DR 42 Sold

Sanibel, FL 33957 - Seashells Of Sanibel Condo

$350,000

Reduced - $24,000

Description

The popular near beach Seashells of Sanibel complex could be your perfect island vacation getaway or investment. Unit 42 is a second-floor 2bed/2bath unit with loads of potential. Just a short stroll to the deeded beach path across West Gulf Drive or take a dip in the heated pool. The onsite property management office is available, if desired, to manage your 3-day minimum rentals thus allowing for significant income potential. This unit sustained damage from Ian which will be repaired by the Association. The Seashells of Sanibel condo association has approved rebuilding its units and grounds with an assessment in the amount of $150k per unit. Buyer is to assume all assessments. Cash offers only. The renovation will take approximately 1 year to complete.

Address

  • Address: 2840 W Gulf DR 42
  • City: Sanibel
  • State/Country: Florida, United States
  • Zip: 33957
  • Community: Seashells Of Sanibel Condo
  • Community Type: Condo/hotel,non-gated
  • Subdivision: Seashells Of Sanibel Condo

Detail

Information last updated on Tuesday, February 14th, 2023 at 11:08 AM

  • MLS ID: 223005925
  • Price: $350,000
  • Property Size: 933 Sq Ft
  • Bedrooms: 2
  • Bathrooms: 2
  • Garage Spaces: 0
  • Year Built: 1975

Additional details

  • Acres: 0.11
  • Approx Living Area: 933
  • Baths Full: 2
  • Baths Total: 2
  • Bedrooms: 2 Bed
  • Beds Total: 2
  • Buyer Agent Comp: 2.5%
  • Cable Available YN: 1
  • CDOM: 26
  • Created Date: January 24th, 2023
  • Current Price: $350,000
  • DOM: 6
  • Lease Limits YN: 1
  • Leases Per Year: 52
  • List Price: $374,000
  • Lot Unit: 42
  • Mandatory HOAYN: 1
  • Master HOA Fee: $639
  • Min Daysof Lease: 3
  • MLS Number: 223005925
  • Non Rep Comp: 1%
  • Num Unit Floor: 2
  • One Time Special Assessment Fee: $150,000
  • Original List Price: $374,000
  • Parcel Number: 34-46-22-T2-01206.0420
  • Parking: 1 Assigned
  • Postal Code: 33957
  • Section: 34
  • Taxes: $3,781
  • Tax Year: 2022
  • Total Annual Recurring Fees: $7,668
  • Total Area: 933
  • Total Floors: 1
  • Trans Broker Comp: 2.5%
  • Unit Number: 42
  • Unitsin Building: 8
  • Unitsin Complex: 44
  • Year Built: 1975

Vital Information

Low Rise (1-3)

  • Size: 933 sqft
  • Beds: 2 Bed
  • Baths: 2
  • Price: $350,000

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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