Welcome to 660 Anchor Drive, a distinctive waterfront retreat on
the desirable East End of Sanibel. This spacious six-bedroom,
four-bath Key West-inspired residence offers an exceptional island
lifestyle with canal-front living, a private dock, heated pool and
spa, and beach access just a short distance away. Designed for
relaxed coastal living and entertaining, the home features generous
living spaces, a beautifully appointed kitchen with granite
countertops, comfortable bedrooms and a spacious lanai overlooking
the pool. A private elevator and oversized three-car garage add
convenience, while the private dock with power and water provides
an ideal setting for boating, fishing and enjoying Sanibel
waterways. Ideally near the beach, bay, restaurants and island
amenities. 660 Anchor Drive offers the best of Sanibel, including
privacy, space, water access and effortless access to the island's
natural beauty. Whether envisioned as a full-time residence,
seasonal escape or investment opportunity, this exceptional
property embodies the quintessential Sanibel lifestyle.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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