Address1501 Middle Gulf #a208, SANIBEL, FL, 33957

Price$995,000

  • 2 Beds
  • 2 Baths
  • Residential
  • 1,042 SQ FT
  • Built in 1974

Directly on the Gulf of Mexico! The views are absolutely phenomenal from this second floor 2 bedroom, 2 bath condo in the A building. This condo has enjoyed wonderful rental income through an outside rental agency. 2021 income = 98,215 and 2022 thru September was $95,331.00. Income would have easily exceeded 100k in 2022. This unit is covered by association insurance for all walls and exterior doors and windows. The Association insurance is also covering anything that was located within the bottom 4 feet of the condo. Owner is responsible for upper cabinetry, appliances located above the 4 feet, and for painting. Claremont can finish the lower 48 inches of the condo at no expense to a new buyer or the new buyer can opt for a payout from the Association. Interior finish selections are on display at the Sundial Resort for a new buyer to choose from. This unit should remain one of the top grossing units once finished and the Gulf of Mexico views will remain spectacular!

Essential Information

  • MLS® #224019035
  • Price$995,000
  • Bedrooms2
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,042
  • Price/SqFt$955 USD
  • Year Built1974
  • TypeResidential
  • Sub-TypeLow Rise (1-3)
  • StyleGarden Apt
  • StatusActive

Community Information

  • Address1501 Middle Gulf #a208
  • SubdivisionSUNDIAL OF SANIBEL
  • CitySANIBEL
  • CountyLee
  • StateFL
  • Zip Code33957

Amenities

Interior

  • AppliancesOther
  • HeatingCentral Electric
  • CoolingCentral Electric

Exterior

  • RoofBuilt-Up or Flat

Listing Details

  • OfficeVIP Realty Group,Inc

Parking

Common, Paved, Under Bldg Open

Windows

Single Hung, Sliding, Impact Resistant Windows

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