$849,000 - 2877 W Gulf Dr 8, SANIBEL

1
Bedrooms
1
Baths
552
SQ. Feet
0
Acres

Everyone DREAMS of this: a pet-friendly cottage on the beach! There are not many properties like this on island... a true taste of simple, Old Sanibel, updated to modern beach perfection! Step foot from the front porch and you are in the sand. This half of the condo duplex is the closest to the beach, with amazing waterfront views inside, and nothing between you and the beach. Sit on your porch and gaze the pelicans swooping over the water, or the sea oats dancing in the wind. Open your bedroom window to feel the Gulf breeze and hear soft-crashing waves on the shore. Grill your fresh catch on the bbq out back, and enjoy an updated kitchen with eat-in bar. The cottage is in excellent condition, and produces solid rental income each year, with the past two years generating over $80k gross rental income. The owner’s estimate an occupancy rate of 94%-98% throughout the year, and have a number of repeat visitors. Fall in love with White Caps - a small, quiet complex of only 9 units total, each with the charm of Old Sanibel.

Listing Details

  • MLS #:
    219057148
  • Price:
    $849,000
  • Bedrooms:
    1
  • Bathrooms:
    1.00
  • Full Baths:
    1
  • Status:
    Active
  • Square Footage:
    552
  • Year Built:
    1953
  • Property Type:
    Single Family
  • Style:
    Ranch, One Story, Duplex
  • Parking:
    Assigned, Guest, One Space
  • Garages:
    Assigned, Guest, One Space
  • View:
    Gulf, Water
  • Waterfront:
    Gulf, Beach Access
  • Total Floors:
    1
  • Interior Features:
    Built-in Features, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Speed Internet, Living/Dining Room, Main Level Master
  • Exterior Features:
    Outdoor Shower, Barbecue
  • Date Listed:
    August 29th, 2019
  • Days on Market:
    183

Community Information

  • Address:
    2877 W Gulf Dr 8
  • Subdivision:
    WHITECAPS SOUTH CONDO
  • City:
    SANIBEL
  • State:
    FL
  • Zip Code:
    33957
  • Utilities:
    High Speed Internet Available
  • Features:
    Cul-De-Sac
  • Development:
    WHITECAPS SOUTH CONDO

Exterior Details

  • Exterior:
    Block, Concrete, Stucco
  • Lot Description:
    Cul-De-Sac
  • Acres:
    0.00
  • Windows:
    Double Hung, Other, Impact Glass, Shutters, Window Coverings
  • Roof:
    Shingle
  • Construction:
    Block, Concrete, Stucco
  • Interior:
    Tile
  • Appliances:
    Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
  • Heating:
    Central, Electric
  • Cooling:
    Central Air
  • Stories:
    1

Additional Information

  • Total Tax Bill:
    5902.00
  • HOA Fee:
    7250.00
  • Master HOA Fee:
    0.00
  • Condo Fee:
    0.00

School Information

  • Elementary:
    SANIBEL SCHOOL
  • Middle:
    SANIBEL SCHOOL
  • High:
    SEVERAL CHOICES
Listing courtesy of Mccallion & Mccallion

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