Pine Cove Of Sanibel, 2501 Gulf Dr #102

3
Beds
2
Baths
1,950
SqFt
$564
$/SqFt
Sold - Jan 31, 2025
Condo
Built in 1986
Gulf, Pool/Club, Water View
Waterfront
Low Rise (1-3)
Screened Lanai/Porch
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 immediately. 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)
MLS Number: 225003434
Updated: 594 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Screened Lanai/Porch
  • View: Gulf, Pool/Club, Water
Interior, Heating and Cooling
  • Interior Features: Bar, Built-In Cabinets, Foyer, Smoke Detectors, Walk-In Closet(s)
  • Equipment / Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Washer
  • Heating Description: Central Electric
  • Cooling Description: Central Electric
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: No info
  • Construction Type: No info
  • Year Built: 1986
  • Style: Low Rise (1-3)
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Pets Allowed: No
    Taxes, Fees & More
    • Maintenance Includes: Insurance, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Sewer, Trash Removal, Water
    • Taxes: 4950.88
    • Security Information: Smoke Detector(s)
    • Parking Description: 1 Assigned, Covered, Under Bldg Open
    • Total Floors in Building: 1
    • Total Units in Building: 12

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    Price History

    Date
    Event
    Price
    Change
    Price Per
    01/10/2025
    Listed
    $1.2M
     
    $613 ft2
    $6,596 m2
    01/10/2025
    $1.2M
    Event
    Listed
    Price Per
    $613 ft2
    $6,596 m2
    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 .

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    Scores

    Walk Score®
    Car-Dependent. Almost all errands require a car
    10

    100
    Bike Score®
    Very Bikeable. Biking is convenient for most trips
    76

    100
    Sound Score®
    Bearable noise
    81

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    24

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    1,091 - 2,200
    SqFt Range
    1986
    Year Build
    2
    Total Floors

    Subdivision Amenities

    Beach Access
    Pool
    Spa/Hot Tub
    Barbecue