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979 E Gulf DR #513 Sanibel, FL 33957
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Key Details
Sold Price $1,115,000
Property Type Condo
Sub Type Mid Rise (4-7)
Listing Status Sold
Purchase Type For Sale
Square Footage 1,235 sqft
Price per Sqft $902
Subdivision Loggerhead Cay Condo
MLS Listing ID 223071965
Sold Date 11/30/23
Bedrooms 2
Full Baths 2
HOA Y/N Yes
Originating Board Florida Gulf Coast
Year Built 1975
Annual Tax Amount $12,821
Tax Year 2022
Lot Size 0.394 Acres
Acres 0.3936
Property Description
Welcome to Loggerhead Cay E513! This furnished 2 bedroom, 2 bathroom, 2 balcony, 3rd floor corner unit is an extremely rare offering in one of the island’s very best and most desirable “blue chip” beach front condo communities. Find your inner peace from the sounds and cool breezes of the Gulf of Mexico, Enjoy the unparalleled views of the beautiful white sandy beach and sparkling turquoise waters from nearly every room, relax and stretch out in the spacious and inviting living areas or one of your beach front lanais, and sleep comfortably on a premier rental return grossing comfortably in the 6 figures. Loggerhead Cay is slated to have full power restored 11/1/23, and rentals can commence at that time. The condo did suffer some water damage from the unit above during Hurricane Ian, but is an opportunity for the new owner to complete the interior to their taste. Fully wind mitigated with all impact doors, windows, and sliders, A/C pumping cold air, and offered furnished, not much work is needed to enjoy one of Sanibel’s best investment opportunities to the fullest by this season and then for a lifetime. No Assessments planned or proposed!!
Location
State FL
County Lee
Area Loggerhead Cay Condo
Rooms
Bedroom Description Split Bedrooms
Dining Room Breakfast Bar, Dining - Family, Dining - Living, Other
Kitchen Island, Pantry
Interior
Interior Features Other
Heating Central Electric
Flooring Carpet, Tile
Equipment Other
Furnishings Unfurnished
Fireplace No
Appliance Other
Heat Source Central Electric
Exterior
Exterior Feature Balcony, Open Porch/Lanai, Screened Lanai/Porch, Storage, Tennis Court(s)
Garage Common, Guest, Paved
Pool Community
Community Features Clubhouse, Pool
Amenities Available Basketball Court, Barbecue, Beach - Private, Bike Storage, Clubhouse, Pool, Community Room, Spa/Hot Tub, Storage, Internet Access, Pickleball, Underground Utility
Waterfront Yes
Waterfront Description Gulf Frontage,On the Gulf Beach
View Y/N Yes
View Gulf
Roof Type Built-Up
Porch Patio
Parking Type Common, Guest, Paved
Garage No
Private Pool No
Building
Lot Description Zero Lot Line
Story 4
Water Central
Architectural Style Mid Rise (4-7)
Level or Stories 4
Structure Type Concrete Block,Poured Concrete,Stucco
New Construction No
Others
Pets Allowed Limits
Senior Community No
Pet Size 50
Tax ID 30-46-23-T2-0070E.5130
Ownership Condo
Num of Pet 2
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Bought with DomainRealty.com LLC