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The small 40-unit condo complex called Cottage Colony West is located within the Casa Ybel Resort & includes five 8-unit buildings. This condo is on the 1st floor of the center building. If the season is right, the view includes sunrises & sunsets from the above screened porch. A few steps down the private stairs & across the front lawn is the Gulf of Mexico. This efficient 1-bedrm condo was recently completely remodeled w/new white kitchen & bath cabinetry plus granite counter-tops, tile in the great room & lanai, plus new appliances, paint, & more. The resort is centered around the historic Thistle Lodge which features waterside dining, both fine & casual. The Lodge & the resort's Olympic-sized pool are approximately 200 yards away. Other amenities include 6 tennis courts, outdoor gas grills, beach & water sport rentals, & children's programs. The on-site rental program of Casa Ybel Hospitality, Inc. guarantees at least $20K to owners annually (split is 50/50 w/that guarantee). With an excellent rental history, gross income 2006 = $63+K, 2007 = $70+K, 2008 = $73+K, & 2009 = $67+K, 2010 thru Jul = $50-K, netting $30-36K annually. Available fully-turnkey for $695,000 |
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Gulf-Front Like-New Condo with Panoramic Views of the Gulf at Sanibel's Five-Star Resort, Casa Ybel |
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First-floor with private waterside stairway from the screened lanai & unobstructed 180-degree beach views (except for the silhouette of 2 dozen palm trees)! |
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SanibelSusan Realty Associates 2242 Periwinkle Way, Suite 3 at Sanibel Square, Sanibel Island, FL 33957 Phone: 239-472-HOME (4663) Fax: 239-472-4673 Toll Free: 888-603-0603 E-mail: Susan@SanibelSusan.com |
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Cottage Colony West Condo at Casa Ybel Resort on Sanibel |
