$995,000 Price Analysis 1501 Middle Gulf Dr Unit A208Sanibel, FL 33957 2 bed 2 bath 1,042 SqFt ($954/SqFt) 6,534SqFt lot. Built 1974 Listed 2024-03-11, Taxes $10,953 | Ⓧ USDA Ineligible due to price & location near Sanibel |
The views are absolutely phenomenal from this secnd floor 2 bedroom, 2 bath condo in the A building. This condo has enjoyed wonderful rental income through an outside rental agency. 2021 income = 98, 215 and 2022 thru September was $95, 331.00. Income would have easily exceeded 100k in 2022. This unit is covered by association insurance f or all walls and exterior doors and windows.
The Association insurance is also covering anything that was located within the bottom 4 feet of the condo. Owner is responsible for upper cabinetry, appliances located above the 4 feet and for painting. Claremont can finish the lower 48 inches of the condo at no expense to a new buyer or the new buyer can opt for a payout from the Association. Interior finish selections are on display at the Sundial Resort for a new buyer to choose from. This unit should remain one of the top grossing units once finished and the Gulf of Mexico views will remain spectacular!
Presented by Teresa Baker at
VIP Realty Group, Inc.
Property MLS #224019035 from FLGulfCoastMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2021 | $769,184 + $unknown $769,184 | $10,953 |
2021 | $unknown + $unknown $846,102 | $10,953 |
2020 | $713,023 + $unknown $713,023 | $10,288 |
2019 | $685,568 + $unknown $685,568 | $9,972 |
2018 | $unknown + $unknown $682,176 | $10,162 |
2017 | $620,160 + $unknown $620,160 | $9,431 |
2016 | $561,820 + $unknown $561,820 | $8,700 |
2015 | $529,400 + $unknown $529,400 | $8,299 |
2014 | $unknown + $unknown $485,100 | $7,655 |
2013 | $unknown + $unknown $425,600 | $6,989 |
2012 | $unknown + $unknown $443,400 | $6,970 |
2011 | $unknown + $unknown $655,100 | $9,912 |
2010 | $unknown + $unknown $494,500 | $8,091 |
2009 | $unknown + $unknown $492,460 | $8,109 |
2008 | $unknown + $unknown $557,000 | $8,722 |
2007 | $unknown + $unknown $680,000 | $10,693 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.