2255 West Gulf Dr #136, Sanibel, FL 33957

2255 West Gulf Dr #136, Sanibel, FL 33957
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$600,000
Sold on 12/29/16
Beds Baths Sq. Ft. Taxes Built
1 1.00 725 $6,975 1978
On the market: 191 days
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Excellent & easy investment opportunity. Beach-front 2nd floor (with high ceilings) nightly-rental condo within the small (only 40-unit) Cottage Colony West condo association at Casa Ybel Resort. In excellent condition with new kitchen & bath cabinetry in fall 2016. Bedroom has king-size bed. There are five buildings, each with 4 units up & 4 units down. Unit #136 is on upper floor in center tier of 1st condo building, so very convenient to central pool, restaurant, tennis, & other resort amenities. Nearby laundry & BBQ area too. These units typically gross $80K to $95K annually - with half of net to the owner. #136 grossed $92,008 in 2015 & thru the end of October 2016 had grossed $78,837.
Listing courtesy of Susan Andrews, SanibelSusan Realty Associates