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Sanibel Florida Pine Cove Of Sanibel Condos for Sale

Naples Florida Real Estate

Pine Cove Of Sanibel Sanibel Real Estate

Condos For Sale1$1.3M
Last updated at 10:45pm 12/31/2024

$1,349,500
Decrease*
$226K
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MLS# 223069716

2501 W Gulf Dr # 102, Sanibel, FL 33957

Condos - 1,950 ft² / 2,130 ft²

3 Bed / 2 Baths

Built 1986

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)

PROPERTY DETAILS:

Community Name: Pine Cove Of Sanibel
Community Type: Non-Gated
Amenities: Barbecue, Beach Access, Pool, Spa/Hot Tub
Building Design: Low Rise (1-3)
Living Area: 1,950 ft²
Total Area: 2,130 ft²
View: Gulf, Pool/Club
Waterfront Desc: On the Gulf Beach
Unit Floor: 1
Total Floors: 1
Parking: 1 Assigned, Covered, Guest, Under Bldg Open
Construction: Concrete Block, Stucco
Exterior Features: Screened Lanai/Porch
Roof: Built-Up
Private Pool: Community
Private Spa: Community
Floor Description: Concrete, Tile
Interior Features: Foyer, Walk-In Closet(s)
Units in Building: 12
On Site Since: 09/29/2023
Irrigation: Central
Water: Central
Equipment: Washer/Dryer Hookup
Floor Plan Type: Great Room
Furnished Desc: Furnished
Maintenance: Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Sewer, Trash Removal, Water
Min Days of Lease: 7
Leases Per Year: 52
Rear Exposure: S
Restrictions: Deeded, Limited Number Vehicles, No Commercial, No RV
Acres: 0.1729
Lot Desc: Zero Lot Line
Condo Fee: $10,500 Quarterly
Transfer Fee: $250
Total Annual Recurring Fees: $42,000
Taxes: $7,270
Tax Year: 2023

THIS PROPERTY IS COURTESY OF:

Royal Shell Real Estate, Inc.

IMAGES:

LOCATION:

AREA SPECIALIST:


Oleg Mikhailov
Oleg Mikhailov

Area Specialist, REALTOR®
Broker Associate
GRI - Graduate Realtor Institute

Luxury of Naples Group at Premiere Plus Realty

Phone: (239) 280-1237

Websitehttps://www.realtyofnaples.com

Bio: Oleg Mikhailov has been a Naples resident since 1999 and is deeply familiar with the neighborhoods of Naples, Bonita Springs, and Marco Island. His extensive local knowledge allows him to expertly assist you in finding the perfect home for your family’s unique needs. With Oleg as your Real Estate Broker, you can trust that his dedication and expertise will make your experience seamless and enjoyable.
In addition to his real estate career, Oleg is an experienced engineer. This technical expertise enhances his ability to evaluate properties, providing valuable insights into a home’s structure and potential. His engineering background, combined with his work as a financial consultant for global real estate projects and business development programs, equips him with a rare skill set that ensures you’re getting the best advice and support in every transaction.
Outside of his professional career, Oleg was part of a professional auto racing team and has earned several international sports awards. His racing experience has honed his attention to detail and focus, qualities that translate directly to his work in real estate. His stress-free approach, paired with his guiding principle—a happy client is the most important thing—ensures that you’ll have a positive and rewarding experience.
Whether you’re buying or selling, Oleg Mikhailov is committed to making your real estate journey smooth, successful, and satisfying.

CONTACT / REQUEST APPOINTMENT:


In order to better assist our clients, we need to know as much as possible relating to: you, your situation, your needs, what you are looking for, and how we can best assist you. Please be as detailed as possible, for if you are vague, we may miss something - thus, not providing the best service possible. Your satisfaction is our top priority. By providing your phone number, you consent to receive communications, including but not limited to text messages and phone calls, from Luxury Of Naples Group regarding your inquiries, appointments, updates, or other services. Message and data rates may apply. You can opt-out at any time by replying STOP to any text message or contacting us. Thank you and we look forward to earning your business.








Broker Reciprocity LogoThis property is courtesy of Royal Shell Real Estate, Inc..

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