2840 W Gulf Dr. #11, Sanibel, FL 33957

Sanibel Island best price resort condo investment on West Gulf Drive. Permits weekly rentals. With less than a few minutes to a deeded beach access you will be on the beautiful Gulf of Mexico. Strong rental income, this 2 BR, 2 BA second building from West Gulf Drive, 2nd floor condo has open kitchen to dining room with granite counter tops and new tile flooring throughout. Enjoy all the amenities, pool, tennis courts, shuffle board, bike rentals, grills, common laundry and office with onsite management. 

Rental Gross - 2015: $45,244. 2016: $31,936 (only rented 7 months).
2017: to date $23,858

Onsite rental management agent (fee 20% & $85 cleaning fee per checkout).

Annual assessment of $1195 is for an air conditioning maintenance contract. 

 A complete concrete restoration project of all lanais. This assessment is $2,241 payable in May and October through 2021. AT CLOSING SELLER WILL PAY 2017 ASSESSMENTS.