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$995,000   Price Analysis
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1501 Middle Gulf Dr Unit A208
Sanibel, FL 33957
2 bed 2 bath 1,042 SqFt ($954/SqFt)
6,534SqFt lot. Built 1974
Listed 2024-03-11, Taxes $10,953
Ⓧ USDA Ineligible
due to price & location

near Sanibel

Directly on the Gulf of Mexico!

The views are absolutely phenomenal from this secnd floor 2 bedroom, 2 bath condo in the A building. This condo has enjoyed wonderful rental income through an outside rental agency. 2021 income = 98, 215 and 2022 thru September was $95, 331.00. Income would have easily exceeded 100k in 2022. This unit is covered by association insurance f or all walls and exterior doors and windows.

The Association insurance is also covering anything that was located within the bottom 4 feet of the condo. Owner is responsible for upper cabinetry, appliances located above the 4 feet and for painting. Claremont can finish the lower 48 inches of the condo at no expense to a new buyer or the new buyer can opt for a payout from the Association. Interior finish selections are on display at the Sundial Resort for a new buyer to choose from. This unit should remain one of the top grossing units once finished and the Gulf of Mexico views will remain spectacular!


Presented by Teresa Baker at
VIP Realty Group, Inc.
Listing Agent Photo

Property MLS #224019035 from FLGulfCoastMLS

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

BreakfastBar
LivingDiningRoom
ShowerOnly
SeparateShower
HighSpeedInternet
Window Features: SingleHung, Sliding, ImpactGlass

Laundry Features: CommonArea, Inside

Cooling Features: CentralAir, Electric
Heating Features: Central, Electric
Heating: Yes

SecurityHighImpactDoors
OutdoorGrill
Patio And Porch Features: Lanai, Porch, Screened
Road Surface Type: Paved

Pool Features: Community

BeachFront
Gulf

Lot Dimensions Source: Appraiser
Lot Size Acres: 0.15
Lot Size Source: Appraiser
Lot Size Square Feet: 6534

Parking Features: Common, Underground, Paved

View: Gulf

Association: No
Association Amenities: BeachRights, BeachAccess, Clubhouse, Laundry, Pickleball, Pool, Restaurant, ShuffleboardCourt, Storage, TennisCourts
Association Fee Includes: AssociationManagement, CableTV, Insurance, IrrigationWater, MaintenanceGrounds, PestControl, ReserveFund, Sewer, Trash, Water
Calculated Total Monthly Association Fees: 0
Association Phone: 2394722443
Pets Allowed: Call, Conditional

Number of Units In Community: 266

Community Features: CondoHotelCommunity, Elevator, NearHotelMotel

Annual Tax Amount: 762.3
Tax Block: 2101
Source Listing Status: Active
County: Lee
Directions: Right onto Periwinkle at 4-way stop. Left on Donax. Right on East Gulf. Follow road to Middle Gulf Drive. Entrance to Sundial West is to the West of the main restaurant/lobby entrance. Stay to the right all the way to the Gulf.
Tax Year: 2023
Ownership: Condo
Source Property Type: Residential
Property Subtype: condo
Source Neighborhood: SUNDIAL OF SANIBEL
Parcel Number: 30-46-23-T4-02101.2050
Postal City: SANIBEL
Public Survey Range: 23
Public Survey Section: 30
Public Survey Township: 46
Subdivision: SUNDIAL OF SANIBEL
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$769,184 + $unknown
$769,184
$10,953
2021$unknown + $unknown
$846,102
$10,953
2020$713,023 + $unknown
$713,023
$10,288
2019$685,568 + $unknown
$685,568
$9,972
2018$unknown + $unknown
$682,176
$10,162
2017$620,160 + $unknown
$620,160
$9,431
2016$561,820 + $unknown
$561,820
$8,700
2015$529,400 + $unknown
$529,400
$8,299
2014$unknown + $unknown
$485,100
$7,655
2013$unknown + $unknown
$425,600
$6,989
2012$unknown + $unknown
$443,400
$6,970
2011$unknown + $unknown
$655,100
$9,912
2010$unknown + $unknown
$494,500
$8,091
2009$unknown + $unknown
$492,460
$8,109
2008$unknown + $unknown
$557,000
$8,722
2007$unknown + $unknown
$680,000
$10,693

Listed 2024-03-11
$995,000
FLGulfCoastMLS
Listed 2024-03-10
$995,000
SanibelCaptiva
Sold 2020-01-07
$816,700
Public Record
Sold 2016-11-15
$790,000
FLGulfCoastMLS
Listing removed 2016-09-28
$809,900
SanibelCaptiva
Price Changed 2016-08-09
$809,900
SanibelCaptiva
Listed 2016-08-04
$809,900
FLGulfCoastMLS
Listed 2016-08-04
$799,000
SanibelCaptiva
Sold 1997-01-09
$425,000
Public Record
Sold 1974-05-01
$59,000
Public Record

Irrigation Source: Municipal

Total Square Feet Living: 1042
Year Built: 1974
Building Area Source: Plans
Building Area Total: 1150
Construction Materials: Block, Concrete, Stucco
Direction Faces: North
Entry Level: 2
Living Area Source: Plans
Property Age: 50
Property Condition: Resale
Roof: BuiltUp, Flat
Building Total Stories: 1
Structure Type: LowRise
House Style: GardenHome, LowRise
Architectural Style: GardenHome, LowRise

Sewer: PublicSewer
Water Source: Public

The Sanibel School is a public elementary and middle school located approximately 4 miles away.
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South Fort Myers High School is a public high school located approximately 14.7 miles away.
directions icon Map directions

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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.