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By submitting an offer, I understand and acknowledge that vrolio corp is not real estate brokerage and does not represent me in any capacity on a real estate transaction. I understand that this is not a purchase commitment and I am simply presenting a non-binding letter of intent to the seller of this property and the seller is in no way obligated to respond or accept my offer.

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Bay View Tower #233 – Sanibel Harbour Resort

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Fort Myers, FL 33908

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$559,000
2
2
1,200
sq. ft.
$466
per sq ft
Heated sq ft: 1,100 sq ft
Avg Nightly Rate: $230
Home Legally Sleeps: 6
Occupancy Rate: 21 weeks
Annual Gross Income : 35000
Annual Net Operating Income : 9500
Property Type: Condo (high rise or low rise)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Resort
New Construction: Inquire
Days on Vrolio: 1793

Property Description

Newly installed luxury vinyl planking floors, granite counter tops, Bose entertainment system, teak furniture on lanai all describe this fully renovated 1,200 SF 2 bedroom, 2 bath unit in the Bay View Tower adjacent to the Four Diamond Sanibel Harbour Marriott Resort & Spa. Enjoy some of the best sunsets in Florida every evening from your own private lanai overlooking San Carlos Bay and the Intercoastal Waterway. Daily views of dolphins and sailboats on the peninsula of Punta Rassa with Sanibel Island as a backdrop. The kitchen has a full size refrigerator and all the cookware needed for a “stay at home” meal, or you can visit the many fantastic restaurants minutes away on Fort Myers Beach or Sanibel Island. The beaches, shopping, golfing, fishing and water sports can all be enjoyed from this perfect centralized location in Lee County

Presented by:
Agent:
Scott Lodde
Accord Real Estate Group, Inc.
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 475
Low: 195
Peak: 475
Special Event: 250
Avarage: 230.00
Furniture Age
5
Est Value of Furnishings
$20,000
Peak & High Seasons
January, February, March, April
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Owner lives in the U.K. Not in residence as often.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
35000
Net Operating Income
9500
Stories
5
Additional Indoor Rooms
Detached Garage for No car, Formal Dining Room, Living Room
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Laminate Wood, Tile
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Year built
1985
Outdoor Features
Inground Pool
View
Beach, Intercoastal, Ocean
Backyard Exposure
West
Lot Size
High rise condominium
Community Features
Community Hot Tub, Community Pool(s), Fitness Center, Health Spa, Marina, Media/Business Center, Meeting Rooms, Onsite Property Management, Restaurant(s), Stores, Tennis Court
Tax Amount/Year
$5,560
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Community Hot Tub, Community Pool(s), Fitness Center, Health Spa, Marina, Media/Business Center, Meeting Rooms, Onsite Property Management, Restaurant(s), Stores, Tennis Court
Mandatory HOA
Inquire
Home Legally Sleeps:
6
Onsite Parking
Garage under building available for owners only in residence. Guest parking adjacent to building.
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$0.11
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
5 Years
Occupancy Rate
21
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Manager
Managed By
Manager
Management Bookings Percentage
$0.20
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
30 day notice
 
  •  
Credit Card Fee
$3.50
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
$500.00
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$750.00
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
$900.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$5,560.00
Homeowner's Insurance (Annual)
$2,200.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$7,200.00
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

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Weeks Rented (of 52)

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Management Fee Annually

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Sales, Bed, Resort, Tourist Tax Annually ($)

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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Accord Real Estate Group, Inc., 239-243-0737

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