1 / 20$689,900 list price
location_onSANIBEL, FL 33957 · Lee County
Top floor direct Gulf Front Condo in one of Sanibel’s desirable rental complexes. This 1 Bedroom/ 1 Bathroom provides exceptional views of the sparkling Gulf waters. Oceans Reach received considerable storm damage from hurricane Ian but has been remediated with contractors in the process of restoring the complex. This unit received minimal damage, but drywall was removed out of precaution. New drywall and property will be restored to "white box". You’ll want to take advantage of this purchase opportunity of a marvelous rental unit. 2021 - $68,680. For 2022 through September 27, $70,189 and it was fully booked for the rest of the year. Prior Covid and red tide unit grossing $78,000 to $80,000 a year.
Appliances
Flooring
Cooling
Heating
Construction
Roof
Parking
Waterfront
View
$137,980 down
Loan amount $551,920
Estimated monthly principal & interest
$3,489
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
Pfeifer Realty Group LLC
239-472-0004