2501 W Gulf Drive 102
Sanibel Fl 33957

$1,349,500

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PICTURES ARE CURRENT - 6/24 - STUNNING BEACHFRONT condo on Sanibel Island is now available, offering the perfect blend of luxury and convenience. EVERYTHING BRAND NEW, including furnishings, new owners can move in immediately. The property is part of the renowned Pine Cove complex, one of the few complexes on the island that allows 7-day rentals. This lucrative feature, combined with the condo's prime location on West Gulf Drive, presents exceptional income potential. CURRENT RENTAL PROJECTIONS indicate an impressive $160K INCOME POTENTIAL, allowing investors to start generating rental income as early as Summer 2024. Professional management is already in place, ensuring a seamless rental process. The condo boasts 3 spacious bedrooms and a large lanai that offers breathtaking views of the Gulf and the pool. The primary suite is particularly impressive, featuring a walk-in shower and double sinks in the primary bathroom. The living room includes a designated area for a wet bar, making it ideal for entertaining guests. This condo is a rare find, offering a beautiful, spacious, and well-located living space on Sanibel Island. Don't miss this opportunity to own a slice of paradise and enjoy the stunning Gulf views and all that this vibrant island has to offer. (Note - Unit is above covered parking and IS NOT a ground floor unit)

2501 W Gulf Drive 102
Sanibel Fl 33957

$1,349,500

  • Lee County
  • Date updated: 01/28/2025

Features

Beds: 3
Baths: 2 Full
Lot Size: 0.17 acres
Lot #: 102
Lot Description:
  • ZeroLotLine
Year Built: 1986
Parking:
  • Assigned
  • Covered
  • Underground
  • Guest
  • OneSpace
Air Conditioning:
  • CentralAir
  • Electric
Pool:
  • 0
Roof:
  • Tile
Property Type: Condo
Interior:
  • BreakfastBar
  • EntranceFoyer
  • LivingDiningRoom
  • MainLevelPrimary
  • None
  • SittingAreaInPrimary
  • CableTv
  • WalkInClosets
Construction:
  • Block
  • Concrete
  • Stucco
Subdivision:
  • Pine Cove Of Sanibel
Amenities:
  • BeachRights
  • BeachAccess
  • Barbecue
  • PicnicArea
  • Pool
  • SpaHotTub
Taxes: $7,270

FGCMLS #223069716

Listing Courtesy Of: Ross Winchel, Royal Shell Real Estate, Inc.

The MLS listing data sources are listed below. The MLS listing information is provided exclusively for consumer's personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.


Properties marked with the FGCMLS are provided courtesy of The Florida Gulf Coast Multiple Listing Service, Inc.

Properties marked with the SANCAP are provided courtesy of Sanibel & Captiva Islands Association of REALTORS®, Inc.

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