1501 Middle Gulf DR A208 For Sale

Sanibel, FL 33957 - Sundial Of Sanibel

$995,000

Description

Directly on the Gulf of Mexico! The views are absolutely phenomenal from this second floor 2 bedroom, 2 bath condo in the A building. This condo has enjoyed wonderful rental income through an outside rental agency. 2021 income = 98,215 and 2022 thru September was $95,331.00. Income would have easily exceeded 100k in 2022. This unit is covered by association insurance for all walls and exterior doors and windows. The Association insurance is also covering anything that was located within the bottom 4 feet of the condo. Owner is responsible for upper cabinetry, appliances located above the 4 feet, and for painting. Claremont can finish the lower 48 inches of the condo at no expense to a new buyer or the new buyer can opt for a payout from the Association. Interior finish selections are on display at the Sundial Resort for a new buyer to choose from. This unit should remain one of the top grossing units once finished and the Gulf of Mexico views will remain spectacular!

Address

  • Address: 1501 Middle Gulf DR A208
  • City: Sanibel
  • State/Country: Florida, United States
  • Zip: 33957
  • Community: Sundial Of Sanibel
  • Community Type: Condo/hotel
  • Subdivision: Sundial Of Sanibel

Detail

Information last updated on Monday, March 11th, 2024 at 09:05 AM

  • MLS ID: 224019035
  • Price: $995,000
  • Property Size: 1,042 Sq Ft
  • Bedrooms: 2
  • Bathrooms: 2
  • Garage Spaces: 0
  • Year Built: 1974

Additional details

  • Acres: 0.15
  • Application Fee: $150
  • Approx Living Area: 1042
  • Baths Full: 2
  • Baths Total: 2
  • Bedrooms: 2 Bed
  • Beds Total: 2
  • Buyer Agent Comp: 2.5%
  • Cable Available YN: 1
  • Condo Fee: $3,519
  • Created Date: March 11th, 2024
  • Current Price: $995,000
  • Flood Ins YN: 1
  • HOA Fee: $3,519
  • Latitude: 26.43089
  • Lease Limits YN: 1
  • Leases Per Year: 365
  • List Price: $995,000
  • Longitude: -82.053117
  • Lot Unit: 203
  • Mandatory HOAYN: 1
  • Min Daysof Lease: 1
  • MLS Number: 224019035
  • Non Rep Comp: 2.5%
  • Num Unit Floor: 2
  • Original List Price: $995,000
  • Parcel Number: 30-46-23-T4-02101.2050
  • Postal Code: 33957
  • Section: 30
  • Taxes: $762
  • Tax Year: 2023
  • Total Annual Recurring Fees: $56,304
  • Total Area: 1150
  • Total Floors: 1
  • Trans Broker Comp: 2.5%
  • Unitsin Building: 20
  • Unitsin Complex: 266
  • Waterfront YN: 1
  • Year Built: 1974

Vital Information

Low Rise (1-3)

  • Size: 1,042 sqft
  • Beds: 2 Bed
  • Baths: 2
  • Price: $995,000

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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