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$1,175,000   Price Analysis
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1501 Middle Gulf Dr Unit D401
Sanibel, FL 33957
2 bed 2 bath 1,416 SqFt ($829/SqFt)
Built 1974
Listed 2024-04-30, HOA $1594, Taxes $11,335
Ⓧ USDA Ineligible
due to price & location

near Sanibel

A rare Sundial top floor condo with a wraparound lanai offers gulf and beach views steps to the beach!

This 2 bedroom plus den condo unit at Sundial Beach Resort is an end unit in Building D. The largest floor plan in Sundial West. The condo will undergo remediation and will be a white box finish around Sept 1, 2024, providing a clean canvas for your personal touch. With it currently cleared out and awaiting completion, you could have the opportunity to redesign it to suit your preferences. This unit boasts exceptional vistas from the living area and wrap-around lanai overlooking the beach and Gulf. Sundial is not a exceptional place to live but also a promising investment opportunity. The current owners used it as a second home but it can be a great source of income. A sought after floor plan that can easily be converted to a 3 bedroom!

Ask about the Sundial resort program, it offers a plethora of amenities including partnerships for golf and marina access, a spa, a pizza and ice cream shop, an outdoor tki hut bar, a resort-style pool and much more. You can also do offsite or your own rentals. Onsite can be nightly, offsite weekly is recommended.


Presented by Deb Smith at
VIP REALTY GROUP.
Listing Agent Photo

Property MLS #2240395 from SanibelCaptiva

Bedrooms: 2
Bedroom 1 Features: Balcony

Total Bathrooms: 2 / 0
Full Bathrooms: 2

Breakfast Bar, Den, DR/LR Combo, Screened Porch
Exercise Room: Yes

Cooling Features: Central Air/Cooling
Heating Features: Central Heat

Furnished Description: Unfurnished
Ceilings: 8 Ft Ceilings
Door Features: Impact Resistant Doors
Flooring: Other Add Agt Note
Window Features: Sliding

Beach
Gulf

Parking Features: Open, Under Bldg

View: Direct Gulf
Security Features: Guard at Site

Community Laundry
Deeded Beach Access
Elevator
Exercise Room
Hot Tub/Whirlpool
Internet
Pickleball
Picnic Area
Pool
Restaurant
Tennis Court(s)

Association: Yes
Association Fee: 4781
Association Fee Frequency: Quarterly
Association Fee Includes: Cable TV, Elevator, Exter Pest Control, Exterior Main/Repair, Insurance Bldg, Inter Pest Control, Internet, Landscape/Lawn, Legal and Accounting, Manager, Recreation Facilities, Security, Sewer, Trash, Water
Calculated Total Monthly Association Fees: 1594
Pets Allowed: Limits

Unit Floor In Building: 4

Rent Frequency: Weekly

CBS
Annual Tax Amount: 794
Source Listing Status: Active
Tax Year: 2023
Restrictions: Pet Limits
Source Property Type: Condo
Area: 1-Sanibel
Property Subtype: condo
Source Neighborhood: 1-Sanibel
Property Location: Gulf
Property Subtype: Condo
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$796,066 + $unknown
$796,066
$11,335
2021$unknown + $unknown
$875,673
$11,335
2020$738,055 + $unknown
$738,055
$10,649
2019$709,793 + $unknown
$709,793
$10,324
2018$unknown + $unknown
$660,933
$10,133
2017$627,428 + $unknown
$627,428
$9,315
2016$546,225 + $unknown
$546,225
$8,459
2015$542,300 + $unknown
$542,300
$8,456
2014$unknown + $unknown
$474,900
$7,637
2013$unknown + $unknown
$438,600
$7,202
2012$unknown + $unknown
$498,200
$7,831
2011$unknown + $unknown
$477,700
$7,939
2010$unknown + $unknown
$482,000
$7,887
2009$unknown + $unknown
$511,190
$8,417
2008$unknown + $unknown
$708,000
$11,082
2007$unknown + $unknown
$780,000
$12,263

Listed 2024-04-30
$1,175,000
SanibelCaptiva
Listed 2024-04-15
$1,175,000
FLGulfCoastMLS
Sold 2010-04-01
$726,500
Public Record
Sold 1988-01-11
$236,000
Public Record
Sold 1981-12-01
$225,000
Public Record

Total Square Feet Living: 1416
Building Name: Sundial West
Levels: 4
Property Age: 50
Structure Type: Penthouse, Traditional
Total Area Sqft: 2586
Elevator: Yes

Accessibility Features: Acc Common Area, Acc Elevator

Sewer: Assessment Paid, City
Water Source: Assessment Paid, City

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.
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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.