Condo in Sanibel, FL 33957

Pine Cove Of Sanibel, 2501 Gulf Dr #102

PICTURES ARE CURRENT - 6/24 - STUNNING BEACHFRONT condo on Sanibel Island is now available, offering the perfect blend of luxury and convenience. EVERYTHING BRAND NEW, including furnishings, new owners can move in immediately. The property is part of the renowned Pine Cove complex, one of the few complexes on the island that allows 7-day rentals. This lucrative feature, combined with the condo's prime location on West Gulf Drive, presents exceptional income potential. CURRENT RENTAL PROJECTIONS indicate an impressive $160K INCOME POTENTIAL, allowing investors to start generating rental income as early as Summer 2024. Professional management is already in place, ensuring a seamless rental process. The condo boasts 3 spacious bedrooms and a large lanai that offers breathtaking views of the Gulf and the pool. The primary suite is particularly impressive, featuring a walk-in shower and double sinks in the primary bathroom. The living room includes a designated area for a wet bar, making it ideal for entertaining guests. This condo is a rare find, offering a beautiful, spacious, and well-located living space on Sanibel Island. Don't miss this opportunity to own a slice of paradise and enjoy the stunning Gulf views and all that this vibrant island has to offer. (Note - Unit is above covered parking and IS NOT a ground floor unit)