$315,000
$349,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
1 Bath
429 SqFt
SOLD DATE : 10/22/2020
Key Details
Sold Price $315,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 429 sqft
Price per Sqft $734
Subdivision Sandpiper Gulf Resort
MLS Listing ID 220060679
Sold Date 10/22/20
Style Low Rise
Full Baths 1
Construction Status Resale
HOA Fees $712/qua
HOA Y/N Yes
Annual Recurring Fee 8552.0
Year Built 1970
Annual Tax Amount $2,649
Tax Year 2018
Lot Dimensions Appraiser
Property Description
It doesn't get any better than this! DIRECT GULF FRONT penthouse corner unit with views from Naples to Sanibel. This unit has been fully remodeled and current owner has paid all assessments in full. 1br efficiency unit has kitchen, dining and sitting areas and a king bedroom. Onsite rental program allows owners up to 8 WEEKS of free use (more at low cost) and with owner use this is still a cash cow! Gross income 2016-2018 was $57,834, $57,822 and $54,595. Net income, after all expenses and taxes, for 2016-2018 was $21,856, $20,821 and $22,941 making this a 6+% return on investment with your enjoyment of the unit free! This corner unit has an extra window with views to Sanibel and incredible sunsets and dolphins every night! Full-time management on site is the best on the beach - incredible unit management/oversight. Newly remodeled units - great potential for further income growth. At this price, this unit will not last long, and owner is motivated to sell now (retired and relocating). Two pools (family pool and adults only pool!), onsite laundry, grill stations and more!
Location
State FL
County Lee
Community Sandpiper Gulf Resort
Area Fb04 - Avenida Pescadora To S.Bd
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Eat-in Kitchen, Tub Shower, High Speed Internet
Laundry Location Common Area
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Tile
Furnishings Furnished
Fireplace No
Window Features Display Window(s),Sliding
Appliance Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator
Laundry Common Area
Exterior
Exterior Feature Courtyard, Deck, Outdoor Shower
Pool Community
Community Features Condo Hotel Community, Near Hotel/ Motel
Amenities Available Beach Rights, Beach Access, Bike Storage, Business Center, Laundry, Barbecue, Picnic Area, Playground, Pool, Spa/Hot Tub
Waterfront Yes
Waterfront Description Beach Front, Gulf
View Y/N Yes
Water Access Desc Public
View Gulf
Roof Type Shingle
Porch Balcony, Deck
Garage No
Private Pool No
Building
Lot Description Oversized Lot
Faces North
Story 3
Sewer Public Sewer
Water Public
Architectural Style Low Rise
Unit Floor 3
Structure Type Block,Concrete,Stucco
Construction Status Resale
Others
Pets Allowed No
HOA Fee Include Association Management,Cable TV,Insurance,Internet,Laundry,Legal/Accounting,Maintenance Grounds,Pest Control,Sewer,Security,Trash,Water
Senior Community No
Tax ID 33-46-24-W1-03600.0370
Ownership Condo
Security Features Smoke Detector(s)
Acceptable Financing All Financing Considered, Cash
Listing Terms All Financing Considered, Cash
Financing Cash
Pets Description No
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