827 E Gulf Dr. #K5, Sanibel, FL 33957

827 E Gulf Dr. #K5, Sanibel, FL 33957
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$550,000
Sold on 4/17/19
Beds Baths Sq. Ft. Taxes Built
2 2.00 1,040 $5,961 1974
On the market: 82 days
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High rentals and gulf views from this top floor, corner location in sought after "K" building! Generous water views from living room and porch. Just steps to the beautiful sandy beach in front of Sanibel Arms West. The 104 unit complex has a professional on-site rental program, 6 acres and 500' beach frontage. The resort offers pool, tennis, pickel ball, fitness center, bike rentals, canal for docking your boat while in house and storage. The 13 buildings are surrounded by tropical gardens and walking paths. Rental income is very impressive. (we think the best on island). Low 10.5% commission per rental. Complex keeps improving! This nicely appointed and furnished condo shows pride of ownership. "K" building units rarely on the market. Hurry on this one! Cash flow available upon request.
Listing courtesy of Teresa Baker, VIP Realty Sanibel and Captiva