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2877 W Gulf Dr 8, Sanibel, FL 33957
1 Beds
1 Baths
552 sqft

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Everyone DREAMS of this: a pet-friendly cottage on the beach! There are not many properties like this on island... a true taste of simple, Old Sanibel, updated to modern beach perfection! Step foot from the front porch and you are in the sand. This half of the condo duplex is the closest to the beach, with amazing waterfront views inside, and nothing between you and the beach. Sit on your porch and gaze the pelicans swooping over the water, or the sea oats dancing in the wind. Open your bedroom window to feel the Gulf breeze and hear soft-crashing waves on the shore. Grill your fresh catch on the bbq out back, and enjoy an updated kitchen with eat-in bar. The cottage is in excellent condition, and produces solid rental income each year, with the past two years generating over $80k gross rental income. The owners estimate an occupancy rate of 94%-98% throughout the year, and have a number of repeat visitors. Fall in love with White Caps - a small, quiet complex of only 9 units total, each with the charm of Old Sanibel.
  • Price:
  • $849,000
  • Bedrooms:
  • 1
  • Full Baths:
  • 1
  • Square Footage:
  • 552
  • Year Built:
  • 1953
  • Listing ID #:
  • 219057148
  • Street Address:
  • 2877 W Gulf Dr 8
  • City:
  • Sanibel
  • State:
  • Florida
  • Postal Code:
  • 33957
  • County:
  • Lee
  • Community:
  • Si01 - Sanibel Island
  • Subarea:
  • Whitecaps South Condo
  • Subdivision:
  • Whitecaps South Condo
  • Listing Status:
  • Active
5
out of 5

The Sanibel School
Public
K-8
340 students
13 student/
teacher
  • Amenities:
  • Bbq - Picnic, Beach Access, Common Laundry, Internet Access, See Remarks
  • Building Floors:
  • 1
  • Building Rear Faces:
  • E
  • Construction Description:
  • Concrete Block
  • Construction Status:
  • Resale Property
  • Doors And Windows:
  • Double Hung, Impact Resistant, Other
  • Exterior Features:
  • Outdoor Shower
  • Flooring:
  • Tile
  • Interior Features:
  • Built-In Cabinets, Exclusions, French Doors, High Speed Available, Window Coverings
  • Number Of Units:
  • 2
  • Number Of Units Complex:
  • 9
  • Siding:
  • Stucco
  • Style:
  • 1 Story/Ranch, Corner, Duplex, End-Unit
  • Total Building Square Footage:
  • 552
  • Type Of Roof:
  • Shingle
  • Unit Level:
  • 1
  • View:
  • Gulf, Water
  • Year Built:
  • 1953
  • Lot Description:
  • Dead End
  • Section:
  • 34
  • Can Be Leased:
  • 1
  • Community Type:
  • Non-Gated
  • Days On Market:
  • 50
  • Leases Per Year:
  • 52
  • Restrictions:
  • See Remarks
  • Annual Association Fee:
  • 7250
  • Association Fee:
  • 7250.00
  • Association Fee Payment Frequency:
  • Annually
  • Property Taxes:
  • $5,902
  • Tax Year:
  • 2018
  • Bedroom Description:
  • 1 Bed
  • Dining Room:
  • Dining - Living, Eat-In Kitchen
  • Master Bathroom Description:
  • Shower Only
  • Master Bedroom Description:
  • Master Br Ground
  • Other Rooms:
  • Great Room, Laundry In Residence, Screened Lanai/Porch
  • Pet Restriction Description:
  • No Approval Needed
  • Parking Description:
  • 1 Assigned, Guest
  • Cooling System:
  • Central Electric
  • Equipment:
  • Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
  • Heating:
  • Central Electric
  • Sewage Description:
  • Central
  • Water System Description:
  • Central
  • Gulf Access:
  • 1
  • Gulf Access Type:
  • No Bridge(s)/Water Direct
  • Waterfront:
  • 1
  • Waterfront Description:
  • Gulf Frontage
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By McCallion & McCallion
  • The source of the foregoing property information is a database compilation of an organization that is a member of the Southwest Florida Multiple Listing Service. Each Southwest Florida Multiple Listing Service member organization owns the copyright rights in its respective proprietary database compilation, and reserves all such rights. Copyright Ā© 2013. The foregoing information including, but not limited to, any information about the size or area of lots, structures, or living space, such as room dimensions, square footage calculations, or acreage is believed to be accurate, but is not warranted or guaranteed. This information should be independently verified before any person enters into a transaction based upon it. FTMYER
  • Schools information provided by ATTOM

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