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827 E Gulf DR L1
1/23
Waterfront

Low Rise (1-3) · For sale

$749,000

2bd·2ba·1,040sq ft

827 E Gulf DR L1, SANIBEL, FL 33957

Low Rise (1-3)Property type
$720Price per sq ft
1974Year built

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About this home

This stunning Gulf-view condo offers everything you need for a perfect coastal retreat or a solid investment. Featuring 2 beautifully renovated bedrooms and 2 baths, the condo exudes charm and comfort. Step outside and enjoy the gorgeous beach just moments away, or take advantage of the canal for some peaceful boating. The amenities are exceptional with a pool, tennis courts, and the opportunity for impressive rental income. With on-site rental management bringing in over $75,000 per year, the potential for return on investment is fantastic. Plus, Sanibel Arms West is about to open for rentals, offering even more opportunities to capitalize on this prime location. Don’t miss out on this incredible opportunity—whether you’re looking for a vacation home or a lucrative rental property, this condo checks all the boxes!

Property details

Property type
Low Rise (1-3)
Year built
1974
Stories
2
Waterfront
Yes
Furnished
Unfurnished
Community
SANIBEL ARMS WEST CONDO
County
Lee

Location