2255 West Gulf Drive, Unit 125

Sanibel, FL 33957

$550,000
Last Sold Price
1
Beds
1
Bath
827 Sq. Ft.
$665 / Sq. Ft.
827
Sq. Ft.
$665
per Sq. Ft.

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...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.

Property Details for 2255 West Gulf Drive, Unit 125

Area
SI01 - Sanibel Island
Development
COTTAGE COLONY WEST CONDO
Sub Condo Name
COTTAGE COLONY WEST CONDO
Waterfront
Yes
Waterfront Desc
On the Gulf Beach
Furnished Desc
Turnkey

Location

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LISTING UPDATED: 08/16/2022 07:48 PM

Property Details for 2255 West Gulf Drive, Unit 125

StatusSold
MLS #221037485
Days on Market239
Taxes$7,950 / year
HOA Fees$1,030 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Low Rise (1-3)
Year Built1978
CountyLee County

Location

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Building Information for 2255 West Gulf Drive, Unit 125

Building/Complex2255 W Gulf DrFloor1Stories2Residences1Pet PolicyNot AllowedYear Built1978

Payment Calculator

$4,694 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$663

HOA Dues

$1,030

The Payment Calculator is for illustrative purposes only.

Property Information for 2255 West Gulf Drive, Unit 125

Summary
Location and General Information
  • Amenities: Basketball Court, Barbecue, Beach - Private, Internet Access, Lakefront Beach, Play Area, Shuffleboard Court, Sidewalk, Tennis Court(s), Volleyball
  • Community Type: Lakefront Beach, Sidewalks, Tennis
  • Pets: Not Allowed
Parking
  • Carport Desc: Common, Paved
  • Carport Spaces: 0
  • Attached Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Garage: No
  • Total Parking: 0
HOA and Fees
  • HOA Desc: No
  • HOA Fee: $1,030.00
  • HOA Fee Freq: Monthly
  • Condo Fee: $0
  • Primary HOA Fee: $0
  • Primary HOA Fee: $12,360.00
  • Tax Annual Amount: $7,950.00
Interior and Exterior Features
Interior Features
  • Approx Living Area: 827.0
  • Living Area Units: Square Feet
  • Bedroom Desc: Split Bedrooms
  • Bedrooms: 1 Bed
  • Dining Description: Dining - Family
  • Elevator: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Equipment: Dishwasher, Disposal, Microwave, Refrigerator, Smoke Detector
  • Flooring: Carpet, Tile
  • Interior Features: High Speed Available, Smoke Detectors, Vaulted Ceiling
  • Num Unit Floor: 1
  • Private Pool: No
  • Private Spa: No
  • Room Count: 0
  • Total Floors: 2
  • Baths Full: 1
  • Half Bathrooms: 0
  • Bathrooms Total Decimal: 1.00
  • Bathrooms: 1
  • Bedrooms Total: 1
  • Fireplace: No
  • Foundation Details: Concrete Block
  • View YN: Yes
  • Floor Plan Type: Split Bedrooms
  • Additional Rooms: See Remarks
  • Gas: No
Exterior Features
  • Exterior Features: Tennis Court(s)
  • Exterior Finish: Concrete Block, See Remarks, Wood Frame, Stucco
  • Roof: Built-Up
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Property Information
Utilities
  • Cooling: Central Electric
  • Cooling YN: Yes
  • Heat: Central Electric
  • Heating YN: Yes
  • Irrigation: See Remarks
Rental
Rental Information
  • Lease Limits YN: No
  • Horse: No
  • Lease Term: Buyer Finance/Cash
  • Transfer Fee: $100.00

Property History for 2255 West Gulf Drive, Unit 125

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2255 West Gulf Drive, Unit 125

Taxable ValueLand-Additions$232,826Total-
Tax Record2023$3,363 ($280 / month)
Home Facts
Beds1Total Finished SqFt827 SqFtAbove Grade Finished SqFt827 SqFtStories2Lot Size3,780 SqFtStyleCondominiumYear Built1978CountyLEEAPN35-46-22-T2-0140D.0040

Schools near 2255 West Gulf Drive, Unit 125

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
The Sanibel School
PublicPK to 8

Cypress Lake Middle School
Public6 to 8

South Fort Myers High School
Public9 to 12

Fort Myers High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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