$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 Mid Rise (4-7)
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
Bedrooms 2
Full Baths 2
HOA Y/N Yes
Originating Board Florida Gulf Coast
Year Built 1975
Annual Tax Amount $12,821
Tax Year 2022
Lot Size 0.394 Acres
Acres 0.3936
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
Area Si01 - Sanibel Island
Direction Come onto Sanibel from the Causeway. Straight through the 4 way stop and continue down Lindgren until you reach the stop sign. Right onto E Gulf Dr. Continue on E Gulf Dr and Loggerhead Cay will be on your left hand side.
Rooms
Dining Room Breakfast Bar, Dining - Family, Dining - Living
Kitchen Kitchen Island, Pantry
Ensuite Laundry Inside
Interior
Interior Features Common Elevator, Split Bedrooms, Great Room, Family Room, Guest Bath, Guest Room, Other
Laundry Location Inside
Heating Central Electric
Cooling Ceiling Fan(s), Central Electric
Flooring Carpet, Tile
Window Features Impact Resistant,Single Hung,Sliding,Impact Resistant Windows,Shutters Electric
Appliance Other
Laundry Inside
Exterior
Exterior Feature Balcony, Storage, Tennis Court(s)
Community Features Basketball, BBQ - Picnic, Beach - Private, Bike Storage, Clubhouse, Pool, Community Room, Community Spa/Hot tub, Extra Storage, Internet Access, Pickleball, Condo/Hotel
Utilities Available Underground Utilities, Cable Available
Waterfront Yes
Waterfront Description Gulf Frontage,On the Gulf Beach
View Y/N No
Roof Type Built-Up or Flat
Porch Open Porch/Lanai, Screened Lanai/Porch, Patio
Parking Type 2+ Spaces, Common, Guest, Paved
Garage No
Private Pool No
Building
Lot Description Zero Lot Line
Building Description Concrete Block,Concrete,Stucco, Elevator
Faces Come onto Sanibel from the Causeway. Straight through the 4 way stop and continue down Lindgren until you reach the stop sign. Right onto E Gulf Dr. Continue on E Gulf Dr and Loggerhead Cay will be on your left hand side.
Sewer Central
Water Central
Structure Type Concrete Block,Concrete,Stucco
New Construction No
Others
HOA Fee Include Insurance,Maintenance Grounds,Legal/Accounting,Manager,Pest Control Exterior,Reserve,Sewer,Trash,Water
Tax ID 30-46-23-T2-0070E.5130
Ownership Condo
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
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