1501 Middle Gulf Drive Unit A208
Sanibel, FL 33957
- 2 beds
- 2 baths
- 1,042 sqft
- $954 per sqft
- 1974 build
- – on site
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!
Listing courtesy of FGCMLS / VIP Realty Group,Inc
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Last updated Mar 11, 2024
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MLS# 224019035 —
Monthly cost estimate
Asking price
$995,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,327
|
Taxes | $63 |
Insurance | $273 |
Utilities | $113 See report |
Total | $5,776/mo.* |
*This is an estimate |
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