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Key Details
Sold Price $590,000
Property Type Condo
Sub Type Condominium
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,Low Rise
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $1,030/mo
HOA Y/N Yes
Annual Recurring Fee 12360.0
Year Built 1978
Annual Tax Amount $7,566
Tax Year 2020
Lot Size 3,781 Sqft
Acres 0.0868
Lot Dimensions Appraiser
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
Community Cottage Colony West Condo
Area Si01 - Sanibel Island
Rooms
Bedroom Description 1.0
Interior
Interior Features Dual Sinks, Family/ Dining Room, Living/ Dining Room, Shower Only, Separate Shower, High Speed Internet, Split Bedrooms
Heating Central, Electric
Cooling Central Air, Electric
Flooring Concrete, Tile
Furnishings Furnished
Fireplace No
Window Features Impact Glass
Appliance Dishwasher, Disposal, Microwave, Refrigerator
Exterior
Exterior Feature Security/ High Impact Doors
Parking Features Common, Paved
Community Features Condo Hotel Community, Near Hotel/ Motel, Non- Gated, Tennis Court(s)
Amenities Available Beach Rights, Basketball Court, Barbecue, Picnic Area, Playground, Shuffleboard Court, Sidewalks, Tennis Court(s)
Waterfront Description Beach Front
Water Access Desc Public
Roof Type Built- Up, Flat
Garage No
Private Pool No
Building
Lot Description Zero Lot Line
Faces South
Story 2
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Low Rise
Unit Floor 1
Structure Type Block,Concrete,See Remarks,Stucco,Wood Frame
Construction Status Resale
Others
Pets Allowed No
HOA Fee Include Cable TV,Insurance,Internet,Irrigation Water,Laundry,Maintenance Grounds,Pest Control,Recreation Facilities,Reserve Fund,Trash,Water
Senior Community No
Tax ID 35-46-22-T2-0140C.0030
Ownership Condo
Security Features Security Guard,Smoke Detector(s)
Acceptable Financing All Financing Considered, Cash
Listing Terms All Financing Considered, Cash
Financing Cash
Pets Allowed No
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Bought with VIP Realty Group,Inc
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