NOT LISTED FOR SALE

5530 Estero Blvd Unit 370 Fort Myers Beach, FL 33931

-- Bed
1 Bath
429 Sq Ft
$713/mo HOA Fee

Last Sold September 23, 2020

Last sale price $315,000 $734 Per Sq Ft

Highlights

  • Beach Front
  • Community Beach Access
  • Deck
  • Fort Myers Beach Elementary School Rated A-
  • Gulf View
  • Furnished

About This Home

As of September 2020

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!

Last Agent to Sell the Property

Brett Gowdy

Techventure Real Estate License #252011715 Listed on: 09/23/2020

Last Buyer's Agent

Gary Chappell

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,649

Year Built

  • Built in 1970

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • North Facing Home

HOA Fees

  • $713 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 429 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Display Windows
  • Sliding Windows
  • Tile Flooring
  • Gulf Views

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Courtyard
  • Deck

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 37 / 3600
  • Assessor Parcel Number 33-46-24-W1-03600.0370

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, laundry, legal/accounting, ground maintenance, pest control, sewer, security, trash, water
  • 66 Units
  • Association Phone (239) 292-0983
  • Low-Rise Condominium
  • Sandpiper Gulf Resort Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Business Center
  • Laundry Facilities
  • Bike Room

Recreation

  • Community Beach Access
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,649

Year Built

Built in 1970

Lot Details

0

HOA Fees

$713 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: SANDPIPER GULF RESORT
  • Directions: ON THE GULF On Estero Blvd.
  • Architectural Style: Low Rise
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1970
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Flooring: Tile
  • Interior Amenities: Eat-in Kitchen, Tub Shower, High Speed Internet
  • Living Area: 429.0
  • Stories: 3
  • Window Features: Display Window(s), Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: Beach Front, Gulf
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Courtyard, Deck, Outdoor Shower
  • Patio And Porch Features: Balcony, Deck
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Near Hotel/Motel
  • Amenities: Beach Rights, Beach Access, Bike Storage, Business Center, Laundry, Barbecue, Picnic Area, Playground, Pool, Spa/Hot Tub
  • Association Fee: 2138.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-292-0983
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Laundry, Legal/Accounting, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 33-46-24-W1-03600.0370
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 66

Tax Info

  • Tax Annual Amount: 2649.0
  • Tax Block: 3600
  • Tax Lot: 37
  • Tax Year: 2018

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $315,000 -9.7% $734 / Sq Ft
09/23/2020 09/23/20 For Sale $349,000 -- $814 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brett Gowdy

    Techventure Real Estate

    (239) 410-7974

    9 Total Sales

    Brett Gowdy
    Section Image

  • G

    Buyer's Agent in 2020

    Gary Chappell

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220060679

Florida Gulf Coast Multiple Listing Service

APN: 33-46-24-W1-03600.0370

Florida Lee County Fort Myers Beach 33931

5530 Estero Blvd Unit 370, Fort Myers Beach, FL

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