Top floor direct Gulf Front Condo in one of Sanibel’s desirable rental complexes. This 1 Bedroom/ 1 Bathroom provides exceptional views of the sparkling Gulf waters. Oceans Reach received considerable storm damage from hurricane Ian but has been remediated with contractors in the process of restoring the complex. This unit received minimal damage, but drywall was removed out of precaution. New drywall and property will be restored to "white box". You’ll want to take advantage of this purchase opportunity of a marvelous rental unit. 2021 - $68,680. For 2022 through September 27, $70,189 and it was fully booked for the rest of the year. Prior Covid and red tide unit grossing $78,000 to $80,000 a year.
Location not available
Listing
Street
Satellite
Exterior Features
Style Traditional, Mid Rise (4-7)
Construction Single Family
Siding Concrete Block, Stone
Exterior Screened Lanai/Porch, Tennis Court(s)
Roof Built-Up
Garage No
Water Central
Lot Description Zero Lot Line
Interior Features
Appliances Range, Refrigerator/Freezer
Heating Central Electric, None
Cooling Central Electric, None
Year Built 1975
Stories 4
Neighborhood & Schools
Subdivision OCEANS REACH CONDO
Financial Information
Parcel ID 36-46-22-T1-00100.4B40
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.