$550,000
$550,000
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1 Bed
1 Bath
827 SqFt
SOLD DATE : 02/01/2022
Key Details
Sold Price $550,000
Property Type Condo
Sub Type Low Rise (1-3)
Listing Status Sold
Purchase Type For Sale
Square Footage 827 sqft
Price per Sqft $665
MLS Listing ID 221037485
Sold Date 02/01/22
Bedrooms 1
Full Baths 1
HOA Fees $1,030/mo
Year Built 1978
Annual Tax Amount $7,950
Tax Year 2020
Lot Size 3,781 Sqft
Property Sub-Type Low Rise (1-3)
Source Naples
Property Description
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 AND APPROXIAMATELY A BETTER THEN 7% RETURN (THE VACATION SAVINGS, OWNER USAGE 35 DAYS IS VALUED AT $17,000). 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. UNIT COMES WITH ONE YEAR HOME WARRANTY FOR TOTAL BUYER COMFORT.
Location
State FL
County Lee
Area Si01 - Sanibel Island
Rooms
Other Rooms See Remarks
Dining Room Dining - Family
Interior
Interior Features High Speed Available, Smoke Detectors, Vaulted Ceiling
Heating Central Electric
Flooring Carpet, Tile
Equipment Dishwasher, Disposal, Microwave, Refrigerator, Smoke Detector
Exterior
Exterior Feature None
Community Features Condo/Hotel, Non-Gated, Tennis
Waterfront Description On the Gulf Beach
View None/Other
Roof Type Built-Up or Flat
Private Pool No
Building
Lot Description Zero Lot Line
Foundation Concrete Block, Elevated, See Remarks, Wood Frame
Sewer Central
Water Central
Others
Ownership Condo
Pets Allowed Not Allowed
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Bought with Coldwell Banker Realty
