Spanish Cay #A7


Riverside Community With Beach Across the Street

1610 Middle Gulf Drive, Sanibel Island

Top-Floor 1-Bedroom 1-Bath Condo with Tropical Views

& Outstanding Rental Income

Spanish Cay is a community of 40 residential condominiums on Middle Gulf Drive.

It is convenient to East Gulf Drive & the causeway for quick on-off-island access.

The bike path runs along the property too.

The Sanibel River also borders the community with several shared fishing/sunning docks overlooking the waterway to the golf course at Beachview Country Club Estates.

Nearby Sanibel Golf & Tennis Club, & the Blue Coyote Restaurant are open to the public.

Spanish Cay’s amenities include heated pool & use of the deeded beach access across the street (between Gulfside Place & Chelsea Place).

Nearby at Sundial Beach Resort & Spa are a mini-Bailey’s General Store, a mini-Sanibel Sea School campus, pickleball courts, spa & several shops & restaurants.

Lanai aSpanish Cay #A7 is a 2nd floor (also top floor) spacious 1 bedroom with ~820 sq. ft. of living space, plus screened balcony overlooking tropical vegetation (total ~950 sq. ft.).

A covered balcony across the front entry has river view.

Living Room aInside, the great room concept features combined living & dining areas, with sliders to the balcony & a pass-through from the galley-style kitchen & breakfast bar.

A utility closet near the entry houses stack washer & dryer.

Dining Area aDecorated in sunny décor, the master bedroom with king-sized bed has sliders to the balcony & a large walk-in closet in addition to a smaller standard-sized closet.

The cheerful bath has combo tub/shower.

The complex allows owner pets, but no dogs.

Bedroom aCurrently enrolled in a seasonal rental program (2-week minimum applies), it has continually increased revenue, even with some owner use.

Rental history includes $13,429 in 2014; $18,075 in 2015, & $15,200 in 2016. As of 9/5, 2017 income = $19,060 with $10,300 also booked for 2018.

$299,000

(offered furnished, “as is”, with or without future rental bookings, depending on the offer)

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Listed by Susan Andrews, Realtor, Broker/Owner of SanibelSusan Realty Associates, this information is deemed reliable but not guaranteed.