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1501 Middle Gulf Drive, Apt A208 $995,000

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!
General Amenities
Interior Amenities
Exterior Amenities
Landscape Amenities
Community Amenities
Accessibility Amenities
Beds
2
Baths
2.00
Ft2
1,042
Lot Acres
0.15
Year Built
1974
Cooling
CentralAir,Electric
Roof
BuiltUp,Flat
1501 Middle Gulf Drive, Apt A208
SANIBEL, Florida 33957
United States
Subdivision: SUNDIAL OF SANIBEL
County: Lee
Sale Type: For Sale
MLS #: 224019035
Listed by VIP Realty Group,Inc on Monday, 11 March 2024 [For Sale]
Beds
2
Baths
2.00
Ft2
1,042
Lot Acres
0.15
Heat
Central,Electric
Cooling
CentralAir,Electric
Roof
BuiltUp,Flat
Year Built
1974
Frontage
Yes
Beds
2
Baths
2.00
Ft2
1,042
Lot Acres
0.15
Year Built
1974
Cooling
CentralAir,Electric
Roof
BuiltUp,Flat
1501 Middle Gulf Drive, Apt A208
SANIBEL, Florida 33957
United States
Subdivision: SUNDIAL OF SANIBEL
County: Lee
Sale Type: For Sale
MLS #: 224019035
Listed by VIP Realty Group,Inc on Monday, 11 March 2024 [For Sale]