1919 Olde Middle Gulf Dr. #205, Sanibel, FL 33957

1919 Olde Middle Gulf Dr. #205, Sanibel, FL 33957
Photo 1 of 1
$780,000
Sold on 3/01/21
Beds Baths Sq. Ft. Taxes Built
2 2.00 1,120 $8,131 1979
On the market: 480 days
View full details, 15 photos, school info, and price history
PRICE REDUCED! SELLERS WANT AN OFFER! DIRECT GULF FRONT APARTMENT IN THE SANDPIPER BEACH 27 UNIT CONDOMINIUM COMPLEX. IT IS LOCATED IN A VERY SECLUDED AREA OF SANIBEL ISLAND AT THE END OF OLDE MIDDLE GULF DRIVE. THIS UNIT WAS TOTALLY RENOVATED AND IS IN PERFECT CONDITION! SCREENED LANAI HAS ELECTRIC STORM SHUTTERS. IT IS OFFERED TASTEFULLY FURNISHED AND FULLY EQUIPPED ('BOSS' BICYCLES AND LINENS THAT ARE PROVIDED RENTAL AGENCY ARE EXCLUDED). THIS UNIT PRODUCES GROSS RENTAL INCOME OF $42,000 TO $45,000 ANNUALLY WITH SEVERAL WEEKS OF OWNER USE. RENTAL INCOME HISTORY AND FUTURE BOOKINGS AVAILABLE UPON REQUEST. THIS IS AN OPPORTUNITY TO OWN A WONDERFUL GULF FRONT CONDOMINIUM IN PERHAPS THE BEST LOCATION ON SANIBEL. PRICED BELOW RECENT BANK APPRAISAL! CONTACT YOUR REALTOR FOR A COPY OF THE APPRAISAL SUMMARY. VIRTUAL AND IN PERSON SHOWINGS UPON REQUEST. 24 to 48 HOUR ADVANCE NOTICE FOR SHOWINGS.
Listing courtesy of Art Corace, RE/MAX Realty Group