$1,115,000
$1,295,000
13.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,235 SqFt
SOLD DATE : 11/30/2023
Key Details
Sold Price $1,115,000
Property Type Condo
Sub Type Condominium
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
Style Mid Rise
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Fees $820/mo
HOA Y/N Yes
Annual Recurring Fee 9840.0
Year Built 1975
Annual Tax Amount $12,821
Tax Year 2022
Lot Size 0.394 Acres
Acres 0.3936
Lot Dimensions Appraiser
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
Community Loggerhead Cay Condo
Area Si01 - Sanibel Island
Rooms
Bedroom Description 2.0
Interior
Interior Features Breakfast Bar, Dual Sinks, Family/ Dining Room, Kitchen Island, Living/ Dining Room, Other, Pantry, See Remarks, High Speed Internet, Split Bedrooms
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Carpet, Tile
Furnishings Unfurnished
Fireplace No
Window Features Single Hung,Sliding,Impact Glass
Laundry Inside
Exterior
Exterior Feature Security/ High Impact Doors, Other, Patio, Storage, Shutters Electric, Tennis Court(s)
Garage Common, Guest, Paved, Two Spaces
Pool Community
Community Features Condo Hotel Community, Elevator, Near Hotel/ Motel
Utilities Available Underground Utilities
Amenities Available Beach Rights, Basketball Court, Bike Storage, Clubhouse, Barbecue, Picnic Area, Pickleball, Pool, Spa/Hot Tub, Storage
Waterfront Yes
Waterfront Description Beach Front, Gulf
View Y/N Yes
Water Access Desc Public
View Gulf
Roof Type Built- Up, Flat
Porch Balcony, Lanai, Open, Patio, Porch, Screened
Parking Type Common, Guest, Paved, Two Spaces
Garage No
Private Pool No
Building
Lot Description Zero Lot Line
Faces North
Story 4
Sewer Public Sewer
Water Public
Architectural Style Mid Rise
Unit Floor 3
Structure Type Block,Concrete,Stucco
Construction Status Resale
Others
Pets Allowed Call, Conditional
HOA Fee Include Association Management,Insurance,Legal/Accounting,Maintenance Grounds,Pest Control,Reserve Fund,Sewer,Trash,Water
Senior Community No
Tax ID 30-46-23-T2-0070E.5130
Ownership Condo
Security Features None
Acceptable Financing All Financing Considered, Cash
Listing Terms All Financing Considered, Cash
Financing Conventional
Pets Description Call, Conditional
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5425 Golden Gate Pkwy, Naples, FL, 34116, United States