Pine Cove Of Sanibel, 2501 Gulf Dr #102, Sanibel, FL, 33957

1,575,000(-14.32% )
$1,349,500Price
3Beds
2Baths
1,950SqFt

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Status:
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Parking: No info
Size: 1,950 ft2 / 181 m2
Price: $692 ft2 / $7,449 m2
Built: 1986
HOA: N/A
MLS Number: 223069716
View: Gulf, Pool/Club
Updated: 29 Days ago
Page Views: 0
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)
Features
Bedrooms
Bedrooms: 3
Bathrooms
Bathrooms: 2
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Screened Lanai/Porch
View: Gulf, Pool/Club
Price History
11/22/2024

Date

Price Reduced

Event

$1.3M

Price

-14.32%

Change Rate

$692 ft2 / $7,449 m2

Price Per

10/31/2024

Date

Price Increased

Event

$1.6M

Price

16.71%

Change Rate

$808 ft2 / $8,694 m2

Price Per

08/16/2024

Date

Price Reduced

Event

$1.3M

Price

-3.43%

Change Rate

$692 ft2 / $7,449 m2

Price Per

06/24/2024

Date

Price Increased

Event

$1.4M

Price

0.18%

Change Rate

$717 ft2 / $7,714 m2

Price Per

06/06/2024

Date

Price Reduced

Event

$1.4M

Price

-5.42%

Change Rate

$715 ft2 / $7,700 m2

Price Per

04/11/2024

Date

Price Reduced

Event

$1.5M

Price

-6.35%

Change Rate

$756 ft2 / $8,142 m2

Price Per

12/18/2023

Date

Listed

Event

$1.6M

Price

$808 ft2 / $8,694 m2

Price Per

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

Listed by Ross WinchelRoyal Shell Real Estate, Inc. • Buyer Agency Compensation .

Instant Comparative Market Analysis
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Unit #102 – Asking

$692/ft²

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Closed Medium $/ft²

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