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2611 W Gulf Dr, Unit B101
Sanibel, FL 33957

$1,200,000 - Status: Active
Bed Icon Beds: 3
Bath Icon Baths: 2 full
Sq Feet Icon SQFT: 1,725
MLS Icon MLS# 222080011

By The Sea condo complex sustained damage from Hurricane Ian. The complex is currently defining the scope of the project to rebuild, determining the budget, and awaiting notification from their insurance companies regarding the claim amount to expect. The Association will then vote to determine if 75% of members agree to renovate/rebuild. The vote is expected in January 2023. Then all of the units within the entire complex will be gutted and renovated to the drywall and tape. Owners will customize their own units. There may be assessments related to this work. It is expected the renovation/rebuild will take approximately 12 months from projects start date until homeowners get possession of their units for their own finishings. The listing price of this unit represents a significant discount (nearly $1M) to account for the interior upgrades that will need to be made. Access to the complex will be restricted after November 27. Aerial photo represents complex condition prior to the storm.

Property Features

MLS#: 222080011
Zip: 33957
Subdivision: By The Sea Condo
Development: By The Sea Condo
Property Type: Residential - Condominium
Cooling: Central Electric
Days on Site: 22
Heating: Central Electric
Lot Size: 0.11 acres
Rear Exposure: S
Roof Type: Built-Up or Flat
Approx. Living Area: 1,725 sqft
Approx. Total Area: 2,100 sqft
Stories: 1.0
Taxes: $11,211
Year Built: 1982

Feature Descriptions

Additional Rooms: Other
Amenities: Beach Access, Community Pool, Tennis Court
Building Design: Low Rise (1-3)
Carport: 1,Attached
Community Type: Non-Gated
Condo fee: $5000.00/Quarterly
Construction: Elevated
Elevator: Yes
Exterior: Stucco
Exterior Features: Tennis Court
Furnished: Unfurnished
Interior: Other
Irrigation: Central
Maintenance: Insurance, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior
Management: Condo
Parcel #: 35-46-22-T1-0050B.1010
Pet Limits: owners
Pets: Limits
Restrictions: No Rental
Sewer: Central
Storm Protection: Other
Total Recurring Fees: 20000
Units in Building: 6
Units in Complex: 18
View: Gulf
Water: Central
Waterfront: Gulf Frontage
Windows: Other

2611 W Gulf Dr, Unit B101 | MLS# 222080011

This condo located at 2611 W Gulf Dr, Unit B101, Sanibel, FL 33957 is currently listed for sale with an asking price of $1,200,000. This property was built in 1982 and has 3 bedrooms and 2 full baths with 1725 sq. ft. W Gulf Dr, Unit B101 is located in the BY THE SEA CONDO subdivision. Search BY THE SEA CONDO real estate on today.

Disclosure: Exterior landscaping may be different than shown in photos as a result of Hurricane Ian.

Listed By / Shown By

Listed By

Agency Name: McCallion & McCallion
Agency Phone: 239-472-1950

Shown By

Agency Title: John R. Wood Properties
Agency Phone:

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