1 year on rocket

2501 W Gulf Dr Unit 102, Sanibel, FL, 33957

$1,349,500

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,950 SqFt
$692/SqFt
Condo

Location

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2501 W Gulf Dr Unit 102, Sanibel$1,349,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Underground, Guest, One Space
Year Built1986
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontBeach
ViewGulf, Pool
MLS #223069716
Lot Size0.17 Acres
StatusActive

About 2501 W Gulf Dr Unit 102

PICTURES ARE CURRENT - 6/24 - STUNNING BEACHFRONT condo on Sanibel Island is now available, offering the perfect blend of luxury and convenience. EVERYTHING BRAND NEW, including furnishings, new owners can move in immediately. The property is part of the renowned Pine Cove complex, one of the few complexes on the island that allows 7-day rentals. This lucrative feature, combined with the condo's prime location on West Gulf Drive, presents exceptional income potential. CURRENT RENTAL PROJECTIONS indicate an impressive $160K INCOME POTENTIAL, allowing investors to start generating rental income as early as Summer 2024. Professional management is already in place, ensuring a seamless rental process. The condo boasts 3 spacious bedrooms and a large lanai that offers breathtaking views of the Gulf and the pool. The primary suite is particularly impressive, featuring a walk-in shower and double sinks in the primary bathroom. The living room includes a designated area for a wet bar, making it ideal for entertaining guests. This condo is a rare find, offering a beautiful, spacious, and well-located living space on Sanibel Island. Don't miss this opportunity to own a slice of paradise and enjoy the stunning Gulf views and all that this vibrant island has to offer. (Note - Unit is above covered parking and IS NOT a ground floor unit)

Property Details

Property Features

Property Information:

  • Architectural Style: None, Low Rise
  • Year Built: 1986
  • Living Area: 1,950 SqFt

Listing Office:

  • Office Name: Royal Shell Real Estate, Inc.
  • Office Phone: (239) 322-5680
  • Listing Agent: Ross Winchel

Interior Features

Interior Information:

  • Flooring Type: Concrete, Tile
  • Interior: Breakfast Bar, Entrance Foyer, Living/Dining Room, Main Level Primary, None, Sitting Area in Primary, Cable TV, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach
  • View: Gulf, Pool
  • Exterior: Security/High Impact Doors, None

Parking Information:

  • Parking: Assigned, Covered, Underground, Guest, One Space

Lot Features

Lot Information:

  • Lot: Zero Lot Line
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,349,500
  • Price Per SqFt: $692/SqFt

Tax Information:

  • Annual Amount: $13,976
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sanibel, FL.

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Sanibel, FL

City

Med. Sold Price

$988.7K

Med. Price/SqFt

$564

Avg. Days On Market

219

# of Sold Homes

6

2501 W Gulf Dr Unit 102 vs Sanibel

420 DAYS ON ROCKET

+201 Days

$1,349,500

+$360.7K More

$692/SqFt

+$127 More

KEY TAKEAWAY

This property is $360.7K more than the Median Sold Price and $127/SqFt more than other homes in Sanibel, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #223069716

Listing Office:

  • Office Name: Royal Shell Real Estate, Inc.
  • Office Phone: (239) 322-5680
  • Listing Agent: Ross Winchel

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 26, 2012Home Sold
$775,000
May 26, 2004Home Sold
$1,050,000
May 15, 2001Home Sold
$950,000

Tax History

YEARPROP. TAXASSESSMENT
2020$13,976$969,000
2019$13,561$932,663
2018$13,863$933,470
2017$13,942$931,855

History based on county public records data.

Payment Calculator

$6,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,112

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-641444
10
/10

  • Fort Myers Beach Elementary School

  • 2751 Oak St

  • 8.91 miles

  • Public District Grades KG-5

school-card-donut-641445
5
/10

  • Harlem Heights Community Charter School

  • 15570 Hagie Dr

  • 11.41 miles

  • Public Charter Grades KG-5

school-card-donut-641446
7
/10

  • Heights Elementary School

  • 15200 Alexandria Ct

  • 11.71 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,059. The majority of Sanibel, FL residents have income less than $35k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2501 W Gulf Dr Unit 102

What is the listing price of this property?

The listing price of 2501 W Gulf Dr Unit 102 property is $1,349,500.

What type of property is this?

The property 2501 W Gulf Dr Unit 102 is a condo located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 2501 W Gulf Dr Unit 102 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $13,976 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 26, 2012 for $775,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2501 W Gulf Dr Unit 102 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2501 W Gulf Dr Unit 102 is 1,950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2501 W Gulf Dr Unit 102 is 1986.

Rocket Homes›Florida›Lee County›Sanibel›33957›2501 W Gulf Dr Unit 102

This home is located at 2501 W Gulf Dr Unit 102 in Sanibel, FL and zip code 33957. This 1,950 square foot home, which was built in 1986, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 29, 2023 and is currently priced at $1,349,500.

In October 2024 more than 0 listings in Sanibel, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below. The number of homes for sale in Sanibel, FL increased by 13.3% between September 2024 and October 2024. Listings spent 219 days on the market in October 2024, and had a median list price of $988,750 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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