Ocean's Reach, 2230 Camino Del Mar Dr #4B4, Sanibel, 33957

749,000(-7.89% )
$689,900Price
1Beds
1Baths
700SqFt

Save

Details

Save

Status:
Loading...
Parking: No info
Size: 700 ft2 / 65 m2
Price: $986 ft2 / $10,609 m2
Built: 1975
HOA: N/A
MLS Number: 223018833
View: Gulf
Updated: 198 Days ago
Page Views: 0
Top floor direct gulf front condo in one of sanibel’s desirable rental complexes. This 1 bedroom/ 1 bathroom provides exceptional views of the sparkling gulf waters. Oceans reach received considerable storm damage from hurricane ian but has been remediated with contractors in the process of restoring the complex. This unit received minimal damage, but drywall was removed out of precaution. New drywall and property will be restored to "white box". You’ll want to take advantage of this purchase opportunity of a marvelous rental unit. 2021 - $68,680. For 2022 through september 27, $70,189 and it was fully booked for the rest of the year. Prior covid and red tide unit grossing $78,000 to $80,000 a year.
Features
Bedrooms
Bedrooms: 1
Bathrooms
Bathrooms: 1
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Screened Lanai/Porch, Tennis Court(s)
View: Gulf
Price History
01/26/2024

Date

Price Reduced

Event

$689.9K

Price

-7.89%

Change Rate

$862 ft2 / $9,283 m2

Price Per

09/30/2023

Date

Listed

Event

$749K

Price

$936 ft2 / $10,078 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Brendan AlbrightPfeifer Realty Group LLC • Buyer Agency Compensation 2.5%.

Instant Comparative Market Analysis
$800/ft²
$800/ft²
$1,000/ft²
$1,100/ft²

Unit #4B4 – Asking

$986/ft²

(+6%) from Closed Medium $/ft²

Closed Medium $/ft²

$927/ft²
Community $/Price Range (Closed) $927/ft² – $927/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
THINKING OF SELLING IN Ocean's Reach at Sanibel?

Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.