$355,000

About This Property

Fantastic opportunity to purchase an income producing condo at Sanibel Arms. Always a favorite location on the east end of Sanibel, with one of the best beaches on the island. Amenities include, beautiful, direct gulf frontage, pool, clubhouse, grills, picnic area and fantastic onsite management with a very active rental program. Sanibel Arms will be better than ever once all restoration work is complete. This upper level, 1 bedroom/1 bath unit on the gulf side of the complex was a showplace prior to Ian. The unit had damage from the roof during Ian and it has been fully mitigated. Association is replacing windows with impact glass and will be adding a new A/C. Appliances are in the unit but not warranted. Being sold As-Is. All furnishings were new in 2022 and majority are in storage waiting for the unit to be restored. Sanibel Arms boasts onsite management, boat dock(on canal side), pool, clubhouse. Priced to sell, this is a great opportunity!

infoProperty Details

Property Type

Low Rise (1-3)

Year Built

1971

Living Area

638 sqft

Lot Size

0.12 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

VIP Realty Group,Inc

239-472-5187