MLS#221037485
Sold For$550,000
$/SqFt$665.05
StatusSold
Sold Date2/01/2022
Beds1
Baths1
Full Ba1
SqFt
827
Acres
0.087
CountyLee
Year Built (Minimum)1978
TypeResidential
Property Sub TypeLow Rise (1-3)
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 AND APPROXIAMATELY A BETTER THEN 7% RETURN (THE VACATION SAVINGS, OWNER USAGE 35 DAYS IS VALUED AT $17,000). 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. UNIT COMES WITH ONE YEAR HOME WARRANTY FOR TOTAL BUYER COMFORT.
Price
$559,900
Status
Sold
Furnished
Turnkey
Beds
1 Bed
Baths
1
Full Ba
1
SqFt
827
$/SqFt
665.05
Total Area
827
Acres
0.087
Units in Building
1
Total Floors
2
Sold Date
2022-02-01T00:00:00+00:00
Sold Price
$550,000
Property
Condo
Year Built (Minimum)
1978
View
None/Other
Rear Exposure
N
Community
COTTAGE COLONY WEST CONDO
Subdivision/Condo
COTTAGE COLONY WEST CONDO
Units in Complex
1
Private Pool
no
Private Spa
no
Foreclosure / REO
no
Taxes
7950
Tax Year
2020
Tax Description
City And County
Mandatory HOA
yes
HOA Fee
1030
HOA Fee Frequency
Monthly
Total Annual Recurring Fees
12360
Application Fee
100
Maintenance
Cable, Insurance, Internet/WiFi Access, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Interior, Rec Facilities, Reserve, Sewer, Trash Removal, Water
Approval
Application Fee, Buyer
Tax District Type
Not Applicable
Transfer Fee
100
Management
Professional
Waterfront
yes
Waterfront Description
On the Gulf Beach
Boat Access
None
Gulf Access
no
Canal Width
None
Community Type
Condo/Hotel, Non-Gated, Tennis
Amenities
Basketball, BBQ - Picnic, Beach - Private, Internet Access, Lakefront Beach, Play Area, Shuffleboard, Sidewalk, Tennis Court, Volleyball
Type
Residential
Restrictions
Limited Number Vehicles, No Commercial, No RV
Interior Features
High Speed Available, Smoke Detectors, Vaulted Ceiling
Flooring
Carpet, Tile
Cable Available
yes
Equipment
Dishwasher, Disposal, Microwave, Refrigerator, Smoke Detector
Cooling
Central Electric
Heat
Central Electric
Water
Central
Elevator
None
Floor Plan Type
Split Bedrooms
Additional Rooms
See Remarks
Bed Description
Split Bedrooms
Dining Description
Dining - Family
Master Bath Description
Dual Sinks, Shower Only
Exterior Features
None
Construction
Concrete Block, Elevated, See Remarks, Wood Frame
Exterior Finish
Stucco
Roofing
Built-Up or Flat
Parking
Common, Paved Parking
Property Sub Type
Low Rise (1-3)
Building Description
See Remarks
Windows
Impact Resistant
Storm Protection
Impact Resistant Doors, Impact Resistant Windows
Irrigation
See Remarks
Sewer
Central
Lot Description
Zero Lot Line
Source of Measure Lot Dimensions
Property Appraiser Office
Pets
Not Allowed
Lease Limits
no
County
Lee
Possession
At Closing
Status Type
Resale Property
Source of Measurements
Property Appraiser Office
Address
2255 W Gulf Dr 125
City
Sanibel
State
Florida
Postal Code
33957
Unit Number
125
Block
140D
Legal Description
COTTAGE COLONY WEST DESC OR 1311 PG 589 BLDG D UNIT 4 AKA UNIT 125
Latitude
26.423369
Longitude
-82.072379
Road
Paved Road
Parcel Number
35-46-22-T2-0140D.0040
Major Area
SI01 - Sanibel Island
Subdivision Number
T2
Legal Unit
4
Lot Unit
4
Section
35
Range
22
Township
46
Listing courtesy of Coldwell Banker Realty
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