Sandpiper Gulf Resort 5530 Estero Blvd 370,
Fort Myers Beach, FL 33931
Condos - 429 ft² / 429 ft²
0 Bed / 1 Baths Build 1970
Sandpiper Gulf Resort Condos : It doesn't get any better than this! DIRECT GULF FRONT penthouse corner unit with views from Naples to Sanibel. This unit has been fully remodeled and current owner has paid all assessments 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. 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!
Sandpiper Gulf Resort 5530 Estero Blvd 131,
Fort Myers Beach, FL 33931
Condos - 430 ft² / 430 ft²
1 Bed / 1 Baths Build 1970
Sandpiper Gulf Resort Condos : C.17351 - Welcome to The Sandpiper Gulf Resort on Fort Myers Beach. Just renovated, turnkey furnished condo offers tile floor, beautiful granite counter tops, new appliances and updated West Indies tropical decor. From the patio lanai you can look over the courtyard and swimming pool right out to the Gulf of Mexico. Walk 20 steps to the complimentary coffee bar in the mornings, then enjoy your coffee right on the beach. Sandpiper Gulf Resort is managed by an onsite rental company providing carefree ownership and great rental income. With over $17,000 in net revenue to the owner, this is one of the best returns on the island. The Sandpiper Gulf Resort has two swimming pools, shuffleboard courts, and two barbecue grilling areas. If you have been thinking about a carefree beachfront investment on Fort Myers Beach, this is the best! It won't last long.
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