Sanibel Island – A Good Deal!
Sanibel is an enviable place to live, either full-time or part-time. It’s a community with a strong local government, a broad-based local retail and banking structure and all the utilities and services. Not to mention the miles of white sand beach and the many facilities for golf, tennis, boating and biking. There is also a part of the island that appeals to the quieter side – the art galleries, museums and theatres as well as all the wonderful restaurants and the presence of active church communities. These are things that make Sanibel a home and a community. It’s a great place to live and a good investment. The real estate market is protected with sanctuary lands occupying over half of the island. The value of real estate on Sanibel over the past five years has grown four times faster than the Florida GDP – a good sign. There are many opportunities to invest in a house or a condominium like Loggerhead Cay.

Loggerhead Cay
Loggerhead Cay is one of the larger condominium communities on Sanibel. It is located on the east end of the island on East Gulf Drive, close to many shops and restaurants. The property is right on the beach so the white sand and the balmy waters of the Gulf of Mexico are just steps away. The community is made up of five buildings with 168 two bedroom units with a roomy 1400 square feet. The amenities for your use include a heated pool, 2 tennis courts, shuffleboard and a BBQ area. Over the past five years the unit value has increased by an average of 7% per year. Sounds like a good deal!