845 E Gulf Dr. #1411, Sanibel, FL 33957

Rare opportunity to purchase a 1 bed/ 1 bath unit on canal side of the popular Sanibel Moorings. Unit’s lanai is South facing sunshine all day! Sanibel Moorings is a unique 6-acre resort offering owners & guests tropical botanical garden walkways, 2 pools, tennis (pickleball) courts, canal-side boat dockage (accommodating up to a 25' boat), & on-site rental office. COA fiscal year runs 12/1-11/30. Current COA fee is $665/month (including reserve fee). Each month, there also is a fee for Air-Conditioning Maintenance ($8.33) & Cable ($52.32), making actual monthly cost $726. Rental Income for Oct 2021 and booked in 2022 – Gross Income is $43K.