$510,000

About This Property

Rare opportunity to purchase a 1 bed/ 1 bath unit on canal side of the popular Sanibel Moorings. Unit’s lanai is South facing sunshine all day! Sanibel Moorings is a unique 6-acre resort offering owners & guests tropical botanical garden walkways, 2 pools, tennis (pickleball) courts, canal-side boat dockage (accommodating up to a 25' boat), & on-site rental office. COA fiscal year runs 12/1-11/30. Current COA fee is $665/month (including reserve fee). Each month, there also is a fee for Air-Conditioning Maintenance ($8.33) & Cable ($52.32), making actual monthly cost $726. Rental Income for Oct 2021 and booked in 2022 – Gross Income is $43K.

infoProperty Details

Property Type

Low Rise (1-3)

Year Built

1973

Living Area

612 sqft

Bedrooms

1

Bathrooms

1

Garage Spaces

0

Ownership

Condo

Days on Market

5

Cumulative DOM

chairInterior Features

yardExterior & Lot

Mortgage calculator

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

Listed By

Pfeifer Realty Group LLC

239-472-0004