Last Updated: 12/9/2016 3:13 PM
Description for 2255 West Gulf Dr UNIT 136 Sanibel, FL 33957
Excellent & easy investment opportunity. Beach-front 2nd floor (with high ceilings) nightly-rental condo within the small (only 40-unit) Cottage Colony West condo association at Casa Ybel Resort. In excellent condition with new kitchen & bath cabinetry in fall 2016. Bedroom has king-size bed. There are five buildings, each with 4 units up & 4 units down. Unit #136 is on upper floor in center tier of 1st condo building, so very convenient to central pool, restaurant, tennis, & other resort amenities. Nearby laundry & BBQ area too. These units typically gross $80K to $95K annually - with half of net to the owner. #136 grossed $92,008 in 2015 & thru the end of August 2016 had grossed $69,932.
Cottage Colony West Condo
No Sewer, Central Sewer
Combined Tub/Shower, Dual Sinks
Dishwasher, Disposal, Microwave, Range, Refrigerator, Grill Built-in
Central Air, Ceiling Fan(s)
Electric Heating, Central
Furnished, Cathedral/vaulted Ceiling, Window Coverings
Exterior / Lot Features
Shared Driveway, Guest Parking
BBQ, Tennis Court, Outside Shower, Beach Access, Paved Road, Public Roads, Regular
Current market conditions for 2255 West Gulf Dr UNIT 136
Active Market Trends
Median list price$849,900
Days on market232
Properties for sale264
Sold Market Trends
Median sold price$617,500
Sales to list price9,330.0%
Median sq ft price$421
Arrows indicate 90 day trend
Listing Price History for 2255 West Gulf Dr UNIT 136
Sanibel Real Estate
Sanibel is located in Florida. Sanibel, Florida 33957 has a population of 6,604.
The median household income in Sanibel, Florida 33957 is $92,364. The median household income for the surrounding county is $48,453 compared to the national median of $53,046. The median age of people living in Sanibel 33957 is 66.4 years.
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