$799,000

2877 W Gulf Drive #8

SANIBEL FL, 33957

Description

Everyone DREAMS of this: a pet-friendly cottage on the beach! There are not many properties like this on island... a true taste of simple, Old Sanibel, updated to modern beach perfection! Step foot from the front porch and you are in the sand. This half of the condo duplex is the closest to the beach, with amazing waterfront views inside, and nothing between you and the beach. Sit on your porch and gaze the pelicans swooping over the water, or the sea oats dancing in the wind. Open your bedroom window to feel the Gulf breeze and hear soft-crashing waves on the shore. Grill your fresh catch on the bbq out back, and enjoy an updated kitchen with eat-in bar. The cottage is in excellent condition, and produces solid rental income each year, with the past two years generating over $80k gross rental income. The owner’s estimate an occupancy rate of 94%-98% throughout the year, and have a number of repeat visitors. Fall in love with White Caps - a small, quiet complex of only 9 units total, each with the charm of Old Sanibel.

Details

MLS#219057148
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1953
Days On Site506

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet552
Story(s)1
Water FrontYes
Property ViewYes

Market Activity 33957

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Area Information
StateFL
CountyLee
CitySANIBEL
Zip Code33957
AreaSI01 - Sanibel Island
Community NameWHITECAPS SOUTH CONDO
Elementary SchoolSANIBEL SCHOOL
Middle SchoolSANIBEL SCHOOL
High SchoolSEVERAL CHOICES
Listing VS Median (in WHITECAPS SOUTH CONDO)
Price:
$799,000
low | high
Med:
$799,000
50% of Average
SqFt:
552
low | high
Med:
552
50% of Average
$ / SqFt:
$1,447
low | high
Med:
$1,447
50% of Average
On Site:
506
low | high
Med:
506
100% of Average
Listing Updated: August 14, 2020 2:26:04 PM PDT
Susan McCallion LogoMLS Number: 219057148
Listing Provided By:
Susan McCallion  of  McCallion McCallion

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