Real Estate in Southwest Florida
Rachel Rose Danzi
855-683-6164855-683-6164

5530 Estero BLVD, Unit 370, Fort Myers Beach, FL 33931 (MLS # 219051507)

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PRICE $389,500
BEDS 1
BATHS 1 full
HOME SIZE 429 sq ft
LOT SIZE n/a

It doesn't get any better than this! DIRECT GULF FRONT penthouse corner unit with views from Naples to Sanibel. This unit is currently being fully remodeled and current owner has paid the entire assessment in full. 1br efficiency unit has kitchen, dining and sitting areas and a king bedroom. Onsite rental program allows owners up to 8 WEEKS of free use (more at low cost) and with owner use this is still a cash cow! Gross income 2016-2018 was $57,834, $57,822 and $54,595 with $39,315 already in 2019 through June (SEE SUPPLEMENT). Net income, after all expenses and taxes, for 2016-2018 was $21,856, $20,821 and $22,941 making this a 6+% return on investment with your enjoyment of the unit free! This corner unit has an extra window with views to Sanibel and incredible sunsets and dolphins every night! Full-time management on site is the best on the beach - incredible unit management/oversight. Newly remodeled units - great potential for further income growth. At this price, this unit will not last long, and owner is motivated to sell now (retired and relocating). Two pools (family pool and adults only pool!), onsite laundry, grill stations and more! Owner is licensed agent.

DAYS ON MARKET Login to view Days on Market LAST UPDATED 8/6/2019
TRACT SANDPIPER GULF RESORT YEAR BUILT 1970
COMMUNITY SANDPIPER GULF RESORT COUNTY Lee
STATUS Active PROPERTY TYPE(S) Condo\Town Home


ADDITIONAL DETAILS
COMMUNITY Community childrens play area, Community laundry facilities, Community spa(s), Community swimming pool(s), Picnic area(s)
CONDO End unit
CONSTRUCTION Concrete block stucco, Stucco exterior
EXTERIOR Balcony, Deck
FINANCIAL Home owners fee
FLOORING Tile flooring
GENERAL No pets allowed
HEAT/COOL Central air conditioning, Central heat
INCLUSIONS Dishwasher, Disposal, Furnished, Microwave oven
INTERIOR Ceiling fan(s)
LOCATION Southern exposure
LOT Oversized lot
PROPERTY TYPE Condo \ Town Home
RECREATION In-ground swimming pool, Spa, swimming pool
ROOF Shingle roof
ROOMS Eat in kitchen
SCENERY Gulf frontage, Gulf view, Waterfront property
UTILITIES Public sewer service, Public water supply, TV cable available
WIN/DOORS Picture window

ZESTIMATE
$374528  5530 Estero BLVD, Unit 370, Fort Myers Beach, FL

RENT ZESTIMATE
$2500 / mo.  5530 Estero BLVD, Unit 370, Fort Myers Beach, FL

12 Car-Dependent



 
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