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Diane Fowler
Captain Diane Fowler
CRS, GRI, e-PRO
Licensed in IL 1977

239-850-4935
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Listing 10 out of 336
$389,500 For Sale

5530 Estero Blvd #370
Fort Myers Beach, FL 33931

1 bed, 1 bath | Condo/Townhouse
429 sq ft - MLS# 219051507
Property Photo
1/9

Description

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.

Features

  • Property Type: Condo/Townhouse
  • Sub Type: Low Rise (1-3)
  • Listing Status: Active
  • County/Area: Lee County
  • Zip Code: 33931
  • Year Built: 1970
  • Subdivision/Neighborhood: Sandpiper Gulf Resort
  • Sq.Ft.: 429 sq ft
  • Style: Corner, End-Unit
  • Stories: 3 Story
  • Bedrooms: 1
  • Full Baths: 1
  • Baths: 1
  • Pool or Spa: Private Pool, Private Spa
  • View: Gulf
  • Waterfront: Gulf Frontage, On the Gulf Beach
  • Additional Rooms: Balcony
  • Amenities: Bbq - Picnic, Beach Access, Bike Storage, Business Center, Common Laundry, Community Pool, Community Spa/Hot Tub, Internet Access, Play Area
  • Appliances Included: Cooktop - Electric, Dishwasher, Disposal, Microwave, Refrigerator/Freezer, Safe, Smoke Detector
  • Bedroom Features: 1 Bed
  • Cable Available YN: Yes
  • Community Type: Condo/Hotel
  • Construction: Concrete Block
  • Construction Status: Resale Property
  • Cooling: Ceiling Fans, Central Electric
  • Development Name: Sandpiper Gulf Resort
  • Dining Description: Eat-In Kitchen
  • Exterior Features: Courtyard, Deck, None, Outdoor Shower
  • Exterior Finish: Stucco
  • Floor Plan Type: Efficiency
  • Flooring: Tile
  • Furnished: Turnkey
  • HOA Desc: Mandatory
  • Heating: Central Electric
  • Interior Features: High Speed Available, Smoke Detectors
  • Leases Per Year: 365
  • Lot Description: Oversize
  • Lot Unit: 37
  • Maintenance: Cable, Insurance, Internet/Wifi Access, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Assn. Fee Included, Pest Control Interior, Security, Sewer, Trash Removal, Water
  • Mandatory HOAYN: Yes
  • Master Bath Description: Combo Tub And Shower
  • Master HOA Fee: 2138.00
  • Master HOA Fee Schedule: Quarterly
  • Num Unit Floor: 3
  • Numberof Ceiling Fans: 1
  • Ownership Desc: Condo
  • Pet Restrictions: Not Allowed
  • Private Pool Desc: Below Ground
  • Private Spa Desc: Below Ground
  • Range: 24
  • Rear Exposure: S
  • Roofing: Shingle
  • Sewer: Central
  • Special Information: Owner Agent
  • Tax Amount: 2649.00
  • Tax Desc: County Only
  • Tax Year: 2018
  • Total Area: 429 Sqft.
  • Township: 46
  • Unitsin Building: 12
  • Unitsin Complex: 66
  • Water: Central
  • Windows: Picture, Sliding
Courtesy of Techventure Real Estate

Captain Diane Fowler
CRS, GRI, e-PRO
Licensed in IL 1977
Phone: 239-850-4935
Email: dianeflr@AOL.COM
 

Testimonials Page

Over the years, I have worked with many Realtors; but Diane stands out! She knows her market, loves her job & it shows. Her blatantly honest comments kept me entertained and informed. We loved her FREE Boat Tour! Such a unique city - you need a Captain like her to fill you in on all recent changes. She is a tough negotiator - got us a better price on the vacant lot than we thought AND introduced us to a quality builder who is getting ready to build our dream home. We highly recommend her! Roxanne & Robert Bruegging
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