With more than 45 years of Sanibel Island real estate experience, I’ve learned how to pick the homes that will attract buyers and sell quickly. My last pick was a Dunes home that went under contract in only 70 days, while the average marketing time for a listing to go under contract on Sanibel is closer to 170 days. My next “hot pick” for Sanibel Island real estate is the newly listed, value-priced 1827 Middle Gulf Drive. Priced to sell, with ideal rental potential close to the beach, this Sanibel home for sale won’t last long.
The Perfect Sanibel Rental Home
In my opinon,1827 Middle Gulf Drive would make a smart investment as a rental property. This “near beach” Sanibel cottage comes fully furnished, and past minimum rental history indicates $6,900 per month for high season, $5,750 per month for shoulder season, and $3,500 per month for low season. Additionally, renters will enjoy the spacious deck overlooking a private pool, as well as the bike path at the end of the driveway.
Ideal Sanibel Island Location
A deciding factor when purchasing a Sanibel home for sale is often the home’s proximity to the beach. 1827 Middle Gulf Drive is a mere 10-minute walk to one of the island’s most private beaches, Algier’s Beach on Sanibel. Located centrally on the island, this property is a quick bike or car ride to all of the island’s fine restaurants and shops.
Priced to Sell Fast
The median price of our Sanibel Island real estate listings is $800,000. Listed at $549,900, this single-family Middle Gulf Drive home is value-priced to move quickly. It is difficult to find a pool-home property on the island within walking distance to the beach at this price point. Although it is value-priced, this home features a recent roof and hot water replacement, as well as a new A/C unit and lush, tropical landscaping.
With great rental potential, ideal island location, and below average pricing, I believe 1827 Middle Gulf Drive will not be on the market for long. If you’d like more information or to schedule a private showing of this beautiful home, please contact us today: (239) 472-4900.