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Key Details
Sold Price $355,000
Property Type Condo
Sub Type Low Rise (1-3)
Listing Status Sold
Purchase Type For Sale
Square Footage 638 sqft
Price per Sqft $556
Subdivision Sanibel Arms
MLS Listing ID 223056833
Sold Date 09/25/23
Style Garden Apt
Bedrooms 1
Full Baths 1
HOA Fees $733/mo
HOA Y/N Yes
Originating Board Florida Gulf Coast
Year Built 1971
Annual Tax Amount $4,051
Tax Year 2022
Lot Size 5,410 Sqft
Acres 0.1242
Property Description
Fantastic opportunity to purchase an income producing condo at Sanibel Arms. Always a favorite location on the east end of Sanibel, with one of the best beaches on the island. Amenities include, beautiful, direct gulf frontage, pool, clubhouse, grills, picnic area and fantastic onsite management with a very active rental program. Sanibel Arms will be better than ever once all restoration work is complete. This upper level, 1 bedroom/1 bath unit on the gulf side of the complex was a showplace prior to Ian. The unit had damage from the roof during Ian and it has been fully mitigated. Association is replacing windows with impact glass and will be adding a new A/C. Appliances are in the unit but not warranted. Being sold As-Is.
All furnishings were new in 2022 and majority are in storage waiting for the unit to be restored. Sanibel Arms boasts onsite management, boat dock(on canal side), pool, clubhouse. Priced to sell, this is a great opportunity!
Location
State FL
County Lee
Area Si01 - Sanibel Island
Rooms
Dining Room Dining - Living
Interior
Heating Central Electric
Cooling Central Electric
Flooring Carpet, Tile
Window Features Single Hung,Impact Resistant Windows
Appliance Other
Laundry Inside
Exterior
Exterior Feature Concrete Dock, Dock Included, Storage
Carport Spaces 1
Community Features BBQ - Picnic, Beach Access, Clubhouse, Community Boat Dock, Pool, Tennis Court(s), Condo/Hotel
Utilities Available Cable Available
Waterfront Description Canal Front
View Y/N No
Roof Type Built-Up or Flat
Garage No
Private Pool No
Building
Lot Description Regular
Sewer Central
Water Central
Architectural Style Garden Apt
Structure Type Concrete Block,Stucco
Others
HOA Fee Include Cable TV,Insurance,Maintenance Grounds,Legal/Accounting,Manager,Pest Control Exterior,Rec Facilities,Repairs,Sewer,Trash,Water
Tax ID 29-46-23-T1-0030H.0070
Ownership Condo
Security Features Smoke Detectors
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
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Bought with VIP Realty Group,Inc
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