DIRECT GULF FRONT APARTMENT IN THE SANDPIPER BEACH 27 UNIT CONDOMINIUM COMPLEX. IT IS LOCATED IN A VERY SECLUDED AREA OF SANIBEL ISLAND AT THE END OF OLDE MIDDLE GULF DRIVE. THIS UNIT WAS TOTALLY RENOVATED AND IS IN PERFECT CONDITION! SCREENED LANAI HAS ELECTRIC STORM SHUTTERS. IT IS OFFERED TASTEFULLY FURNISHED AND FULLY EQUIPPED ('BOSS' BICYCLES AND LINENS THAT ARE PROVIDED RENTAL AGENCY ARE EXCLUDED). THIS UNIT PRODUCES GROSS RENTAL INCOME OF $42,000 TO $45,000 ANNUALLY WITH SEVERAL WEEKS OF OWNER USE. RENTAL INCOME HISTORY AND FUTURE BOOKINGS AVAILABLE UPON REQUEST. THIS IS AN OPPORTUNITY TO OWN A WONDERFUL GULF FRONT CONDOMINIUM IN PERHAPS THE BEST LOCATION ON SANIBEL. THIS UNIT IS PRICED BELOW 11-2019 BANK APPRAISAL VALUE!!! SELLER IS OPEN TO AN OFFER SO CONTACT YOUR REALTOR TO RECEIVE A COPY OF THE APPRAISAL AND ARRANGE A PRIVATE VIEWING. 24 HOUR ADVANCE NOTICE PLEASE.
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