$670,000
$719,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,184 SqFt
SOLD DATE : 05/21/2021
Key Details
Sold Price $670,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,184 sqft
Price per Sqft $565
Subdivision Loggerhead Cay Condo
MLS Listing ID 220061322
Sold Date 05/21/21
Style Garden Home,Mid Rise
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Fees $665/mo
HOA Y/N Yes
Annual Recurring Fee 7980.0
Year Built 1975
Annual Tax Amount $6,660
Tax Year 2018
Lot Dimensions Appraiser
Property Description
Well-appointed and open 2nd floor condo unit is a top grossing Rental in Loggerhead Cay. Located in a building directly on the beach, gross rentals have exceeded $68,000 annually since 2017. 2021 has over $20,000 in rental income on the books.
The master in this 2nd floor unit overlooks the beautiful pool and lush grounds. The lanai and living area have views of the Gulf and the pool. Each bedroom has an adjacent separate bathroom. This popular, turnkey, updated condo has double the average rentals and cash flow of other units, qualifying for extra personal use without losing tax advantages. Hurricane impact windows throughout make the condo safe, quiet and energy efficient, with a preferred insurance rate. Its dual built-in UV air sterilization kills 99.9% of viruses and other pathogens. A complementary portable UV system adds peace of mind. You can’t beat this condo for family enjoyment, safety and income in one of Sanibel’s most popular Gulf-front condominium resorts. Convenient to the heart of Sanibel, with quick mainland access. Enjoy the beach while others sit in traffic.
Location
State FL
County Lee
Community Loggerhead Cay Condo
Area Si01 - Sanibel Island
Rooms
Bedroom Description 2.0
Interior
Interior Features Breakfast Bar, Built-in Features, Living/ Dining Room, Shower Only, Separate Shower, Cable T V, High Speed Internet, Split Bedrooms
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Carpet, Tile
Furnishings Furnished
Fireplace No
Window Features Impact Glass
Appliance Dryer, Dishwasher, Electric Cooktop, Freezer, Microwave, Refrigerator, Washer
Exterior
Exterior Feature Courtyard, Sprinkler/ Irrigation, Outdoor Shower, Tennis Court(s)
Garage Assigned, One Space
Pool Community
Community Features Condo Hotel Community, Elevator, Near Hotel/ Motel, Non- Gated, Tennis Court(s)
Amenities Available Beach Rights, Beach Access, Bike Storage, Clubhouse, Guest Suites, Barbecue, Picnic Area, Pool, Shuffleboard Court, Storage, Tennis Court(s), Trail(s)
Waterfront Yes
Waterfront Description Beach Front, Gulf
View Y/N Yes
Water Access Desc Public
View Gulf, Landscaped, Pool, Partial, Water
Roof Type Built- Up, Flat
Porch Porch, Screened
Parking Type Assigned, One Space
Garage No
Private Pool No
Building
Lot Description Irregular Lot, See Remarks, Sprinklers Automatic
Faces Northeast
Story 4
Sewer Public Sewer
Water Public
Architectural Style Garden Home, Mid Rise
Unit Floor 2
Structure Type Block,Concrete,Stucco
Construction Status Resale
Others
Pets Allowed Call, Conditional
HOA Fee Include Association Management,Cable TV,Insurance,Internet,Irrigation Water,Legal/Accounting,Maintenance Grounds,Pest Control,Trash,Water
Senior Community No
Tax ID 30-46-23-T2-0070E.5720
Ownership Condo
Security Features Smoke Detector(s)
Acceptable Financing All Financing Considered, Cash
Listing Terms All Financing Considered, Cash
Financing Conventional
Pets Description Call, Conditional
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Bought with Pfeifer Realty Group LLC
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