$590,000
$590,000
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1 Bed
1 Bath
806 SqFt
SOLD DATE : 02/25/2022
Key Details
Sold Price $590,000
Property Type Condo
Sub Type Low Rise (1-3)
Listing Status Sold
Purchase Type For Sale
Square Footage 806 sqft
Price per Sqft $732
Subdivision Cottage Colony West Condo
MLS Listing ID 221037883
Sold Date 02/25/22
Style Contemporary
Bedrooms 1
Full Baths 1
HOA Fees $1,030/mo
HOA Y/N Yes
Originating Board Naples
Year Built 1978
Annual Tax Amount $7,566
Tax Year 2020
Lot Size 3,781 Sqft
Acres 0.0868
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 WITH ABOUT A TOTAL 7%+/- RETURN FOR OWNER ($17,000+/- IN OWNER USAGE SAVING WITH 35 DAYS TOTAL USAGE). 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. BUILDING ALL HAVE NEW ROOFS (2020), COMPLETE REFURBISHING 2020 AND NEW A/C. UNIT COMES WITH ONE YEAR HOME WARRANTY FOR TOTAL BUYER COMFORT.
Location
State FL
County Lee
Area Si01 - Sanibel Island
Rooms
Dining Room Dining - Family
Interior
Interior Features Split Bedrooms
Heating Central Electric
Cooling Central Electric
Flooring Concrete, Tile
Window Features Impact Resistant,Impact Resistant Windows
Appliance Dishwasher, Disposal, Microwave, Refrigerator
Exterior
Exterior Feature None
Community Features Basketball, BBQ - Picnic, Beach - Private, Internet Access, Lakefront Beach, Playground, Shuffleboard, Sidewalks, Tennis Court(s), Volleyball, Condo/Hotel, Non-Gated, Tennis
Utilities Available Cable Available
Waterfront Yes
Waterfront Description On the Gulf Beach
View Y/N No
Roof Type Built-Up or Flat
Parking Type Common, Paved
Garage No
Private Pool No
Building
Lot Description Zero Lot Line
Sewer Central
Water Central
Architectural Style Contemporary
Structure Type Concrete Block,Elevated,See Remarks,Wood Frame,Stucco
New Construction No
Others
HOA Fee Include Cable TV,Insurance,Internet,Irrigation Water,Laundry Facilities,Maintenance Grounds,Pest Control Interior,Rec Facilities,Reserve,Trash,Water
Tax ID 35-46-22-T2-0140C.0030
Ownership Condo
Security Features Smoke Detectors
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
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