|
Beautifully Remodeled Beach-Side Condo on Sanibel Island!
Welcome to 845 E Gulf Drive, Unit 111 — an exceptional, fully updated coastal residence offering modern finishes, strong income-producing potential, and an unbeatable East End location just steps from the Gulf of Mexico.
This first-floor unit has been completely remodeled with attention to detail throughout. The open-concept layout features new flooring, fresh coastal-inspired paint, updated interior doors, upgraded lighting, and refined craftsmanship that creates a bright, inviting atmosphere. The kitchen has been tastefully redesigned with new cabinetry, quartz countertops, stainless steel appliances, and a stylish tile backsplash, making meal preparation both functional and beautiful.
The spacious living and dining areas open to sliding glass doors that provide plentiful natural light and lead to a relaxing screened lanai overlooking the community’s lush tropical landscaping. Perfect for unwinding after a day at the beach or enjoying evening breezes.
The primary bedroom offers comfort and privacy with its fully renovated en-suite bathroom, showcasing a walk-in shower, modern tilework, and contemporary fixtures. The guest bedroom and updated second bathroom make the unit ideal for hosting friends, family, or vacation renters.
This residence is not offered turnkey, allowing you to bring your own furnishings and personal touches to make the space your own. The renovations are complete—leaving you with a clean, modern canvas ready for your design vision.
With excellent rental income potential, proximity to Sanibel’s world-famous beaches, and quick access to the causeway, bike paths, restaurants, and island amenities, this condo offers both strong investment value and a serene personal retreat. Community amenities may include pool, tennis/pickleball courts, BBQ areas, beach access, and on-site rental options .
Beautifully remodeled, move-in ready, and ideally located—Unit 111 at 845 E Gulf Drive delivers the best of Sanibel coastal living.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$794,990
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $635,992 | $635,992 | $635,992 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.397% | 6.304% | 5.628% |
| Monthly Tax Payment | $69 | $69 | $69 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,661 | $3,864 | $5,155 |
| Total Monthly Payment | $3,822 | $4,025 | $5,316 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.