2949 W Gulf Dr. #101, Sanibel, FL 33957

2949 W Gulf Dr. #101, Sanibel, FL 33957
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$1,345,000
Sold on 4/30/18
Beds Baths Sq. Ft. Taxes Built
3 2.00 1,536 $13,334 1978
On the market: 74 days
View full details, 15 photos, school info, and price history
Blue Gulf is a hidden oasis on West Gulf Drive where your closest neighbors are the blue herons and your welcome mat is made up of the shells and sand. The building is set forward so that views of the sea oats, beach and waves surround you. A glass-enclosed lanai offers the flexibility of being opened to enjoy the sound of waves or closed to offer year-round functionality. This corner unit has a remodeled kitchen and expanded master bath, three full bedrooms, abundant natural light from windows on three sides and a large sunroom lanai that functions as additional living space. For the investment minded buyer, this unit is a popular and profitable rental property. The current owners rent weekly and have easily carried over $80k in 2017 even with eight weeks owner usage including multiple weeks in high season. Rental estimates concur this unit could produce over $100k with less owner usage. Blue Gulf has the added benefit of being pet-friendly as well so owners can have big dogs or even two dogs. Assigned parking in the building and a private oversized storage room big enough to accommodate bikes and kayaks round out this property offering.
Listing courtesy of Jeffrey Burns & Tiffany Burns, Premier Sotheby's Int'l Realty & Premier Sotheby's Int'l Realty