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$340,000

Est. payment - /mo

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1 Bed

1 Bath

680 SqFt

Price Dropped by $34K

805 E Gulf DR #H2 Sanibel, FL 33957

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Elizabeth S. SW-Florida Realtor

esteelerealestate@gmail.com +1(239) 370-5988

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 680 sqft

Price per Sqft $500

Subdivision Sanibel Arms

MLS Listing ID 225017647

Style Garden Home,Low Rise

Bedrooms 1

Full Baths 1

Construction Status Under Construction

HOA Fees $688/mo

HOA Y/N Yes

Annual Recurring Fee 8256.0

Year Built 1971

Annual Tax Amount $1,028

Tax Year 2024

Lot Size 5,423 Sqft

Acres 0.1245

Lot Dimensions Appraiser

Property Sub-Type Condominium

Property Description

Welcome to Sanibel Arms H2 – an unparalleled opportunity to own a premier Gulf side condominium located on the world renowned shell-covered beaches of Sanibel Island! This offering presents an extraordinarily rare chance to acquire a "newly constructed" one-bedroom, one-bathroom unit in one of the island's most cherished and sought-after East end addresses at a highly competitive price. All exterior construction and comprehensive interior build-outs are managed by the HOA and are nearing completion. Simply outfit your condo with your choice furnishings and decorations to really make H2 “your own” bespoke paradise!
With a meticulous post-Ian reconstruction process nearly complete, this esteemed community is poised to enter its next illustrious chapter Summer of 2025. Upon completion, Sanibel Arms will be more captivating than ever, solidifying its status as one of the most desirable addresses on Sanibel Island.
Just imagine stepping out your "new" condo's front door into the warm Sanibel sun and gentle Gulf breeze; Time moves a little slower and you will feel the outside stressors of life melt away when your most difficult decision of the day is whether you should “turn left” for a few steps to the beach or “turn right” for a few steps to the community boat dock leading out to the expansive emerald waters of the Gulf.
Favorite community highlights include a large heated pool, grilling stations, boat docks with quick and easy Gulf access, a community room at the pool with bathrooms, air conditioned gathering space, and additional private storage for your beach/pool toys, and professional onsite management. Additionally, its coveted East end location ensures convenient on/off island access and very close proximity to some of the islands very best shopping/restaurants/historical sites, and shared use path. Best of all is the "gold standard" 7-day rental options with courteous onsite guest services; Key drivers for the same familiar faces returning year after year after year. The rental department is efficient and offers some of the lowest management fees on the island, promising an exceptional return on investment for the discerning investors with a keen eye on rental return ( 2021 grossed $52,000+/-)
This exceptional opportunity encompasses everything desirable in a Sanibel Gulf front community and will undoubtedly be a strategic purchase for a wide-ranging demographic of Sanibel purists to real estate aficionados. Act promptly to secure the island life that you want and deserve in this well-established and beloved community!

Location

State FL

County Lee

Community Sanibel Arms

Area Si01 - Sanibel Island

Rooms

Bedroom Description 1.0

Interior

Interior Features Breakfast Bar, Bedroom on Main Level, Entrance Foyer, See Remarks, Cable T V, Walk- In Closet(s), High Speed Internet

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Furnishings Negotiable

Fireplace No

Window Features Impact Glass

Appliance Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator

Laundry Washer Hookup, Dryer Hookup, Inside

Exterior

Exterior Feature Courtyard, Security/ High Impact Doors

Parking Features Assigned, Common, Driveway, Guest, Paved, One Space

Pool Community

Community Features Condo Hotel Community, Near Hotel/ Motel, Non- Gated, Street Lights

Utilities Available Cable Available, High Speed Internet Available, Underground Utilities

Amenities Available Beach Rights, Boat Dock, Beach Access, Boat Ramp, Bike Storage, Business Center, Clubhouse, Barbecue, Picnic Area, Pool, Storage

Waterfront Description Canal Access, Gulf

View Y/N Yes

Water Access Desc Public

View Gulf, Landscaped, Partial

Roof Type Built- Up, Flat, Metal

Porch Open, Porch

Garage No

Private Pool No

Building

Lot Description Zero Lot Line

Dwelling Type Low Rise

Faces North

Story 2

Sewer Public Sewer

Water Public

Architectural Style Garden Home, Low Rise

Unit Floor 1

Structure Type Block,Concrete,Stucco

Construction Status Under Construction

Others

Pets Allowed Call, Conditional

HOA Fee Include Association Management,Insurance,Irrigation Water,Legal/Accounting,Maintenance Grounds,Pest Control,Reserve Fund,Road Maintenance,Sewer,Trash,Water

Senior Community No

Tax ID 29-46-23-T1-0030H.0020

Ownership Condo