$590,000

About This Property

STUNNING BEACHFRONT RESORT CONDO IN "CASA YBEL"! THIS UNIT FEATURES DIRECT GULF VIEWS, FULLY FURNISHED "TURN KEY" UNIT HAS BEST BUILDING & UNIT LOCATION. OPEN FLOOR PLAN DIRECT WALK-RIGHT-OUT TO THE BEACH. CASA YBEL IS AN AWARD WINNING "WORLD CLASS" RESORT WITH COMPLETE RICH AMENITIES SUCH AS RESORT STYLE POLL, TENNIS COURTS, PICKLE BALL AND UPSCALE DINNING AT THE THISTLE LODGE OR CASUAL DAYTIME DINNING AT POOLSIDE AT "COCONUTS BAR & THE GRILL". THIS UNIT GROSSES $90,000+/- ANNUALLY IN GROSS RENTAL INCOME WITH ABOUT A TOTAL 7%+/- RETURN FOR OWNER ($17,000+/- IN OWNER USAGE SAVING WITH 35 DAYS TOTAL USAGE). EXTREMELY HIGH DEMAND LOCATION AND RESORT. CLOSE TO ALL THE TOP SPOTS OF INTEREST ON SANIBEL AS WELL AS EASY OFF & ON ISLAND LOCATION. THERE IS AN ON-SITE MANAGEMENT FOR EASY RENTAL OWNERSHIP WITH NO FUSS OR MESS TO WORRY ABOUT. CAN BE 1031 EXCHANGE. BUILDING ALL HAVE NEW ROOFS (2020), COMPLETE REFURBISHING 2020 AND NEW A/C. UNIT COMES WITH ONE YEAR HOME WARRANTY FOR TOTAL BUYER COMFORT.

infoProperty Details

Property Type

Low Rise (1-3)

Year Built

1978

Living Area

806 sqft

Lot Size

0.09 acres

Bedrooms

1

Bathrooms

1

Garage Spaces

0

Ownership

Condo

Days on Market

chairInterior Features

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

Coldwell Banker Realty

239-263-3300