1401 Middle Gulf Drive, Unit L404

Sanibel, FL 33957

$1,750,000
Price
2
Beds
2
Baths
1,451 Sq. Ft.
$1,206 / Sq. Ft.
1,451
Sq. Ft.
$1,206
per Sq. Ft.

Description

With spectacular direct Gulf views, this top floor corner unit is ideally located overlooking the pool and the beach. The unit has been fully mitigated since the storm and has passed full indoor air quality testing. The seller has hired a contractor to complete a renovation that will include white shaker style cabinets and vanities, quartz countertops, stainless steel appliances, white subway tile backsplash, fresh neutral paint, and new carpeting in the bedrooms. New living and dining room furniture...With spectacular direct Gulf views, this top floor corner unit is ideally located overlooking the pool and the beach. The unit has been fully mitigated since the storm and has passed full indoor air quality testing. The seller has hired a contractor to complete a renovation that will include white shaker style cabinets and vanities, quartz countertops, stainless steel appliances, white subway tile backsplash, fresh neutral paint, and new carpeting in the bedrooms. New living and dining room furniture has been ordered. There is still time for a buyer to make design choices. Act now! In-unit laundry and an assigned under building parking spot add great convenience. Owners are now able to occupy their condos at Sundial East. As soon as the renovations are complete, L404 will be ready to enjoy! This building is close to Sundial's main amenity complex offering convenient access to restaurants, shops, and recreation. L404 grossed $84K in 2022 with only 9 months of available rental and two prime weeks of owner use. For investment or personal use, this is a fabulous opportunity.
  1. Listed by Jennifer McSorley • Pfeifer Realty Group LLC
  2. Listed by Eric Pfeifer • Pfeifer Realty Group LLC

Property Details for 1401 Middle Gulf Drive, Unit L404

Development
SUNDIAL OF SANIBEL
Building Design
Mid Rise (4-7)
Community Type
Condo/Hotel
Waterfront
Yes
Waterfront Desc
Beach Front, Gulf
Waterfront Desc
On the Gulf Beach, Gulf Frontage
View
Gulf
Garage Spaces
1.00

Location

Listing Courtesy of Pfeifer Realty Group LLC, Jennifer McSorley; Pfeifer Realty Group LLC, Eric Pfeifer
Add your commute
LISTING UPDATED: 04/24/2024 12:49 PM

Property Details for 1401 Middle Gulf Drive, Unit L404

StatusActive
MLS #223079132
Days on Market149
Taxes$18,113 / year
HOA Fees-
Condo/Co-op Fees$4,250 / quarter
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1981
CountyLee County

Location

Listing Courtesy of Pfeifer Realty Group LLC, Jennifer McSorley; Pfeifer Realty Group LLC, Eric Pfeifer
Add your commute

Building Information for 1401 Middle Gulf Drive, Unit L404

Building/Complex1401 Middle Gulf DrFloor-Stories4Residences36Pet PolicyAllowedYear Built1981

Payment Calculator

$12,477 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

$1,509

HOA Dues

$1,417

The Payment Calculator is for illustrative purposes only.

Property Information for 1401 Middle Gulf Drive, Unit L404

Summary
Location and General Information
  • City: SANIBEL
  • Directions: From Causeway, right onto Periwinkle, Left on to Donax, right onto Middle Gulf Drive. Left into Sundial East parking lot. Unit is in the last building on the right.
  • Human Modified: Yes
  • Latitude: 26.43
  • Longitude: -82.05
  • MLS Area Major: SI01 - Sanibel Island
  • Pets: Limits, With Approval
  • Postal Code: 33957
  • Road Surface Type: Paved
  • Street Name: Middle Gulf
  • Street Number: 1401
  • Street Suffix: DR
  • Block: 3012
  • Unit Number: L404
  • Full Address: 1401 Middle Gulf DR L404
  • View: Yes
Parking
  • Attached Garage: Yes
  • Carport Spaces: .00
  • Carport: No
  • Covered Spaces: 1.00
  • Garage: Yes
  • Parking Features: Assigned, Attached, Underground, Garage, One Space
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Condo Fee: $4,250.00
  • Primary HOA Fee: $17,000.00
  • HOA Fee: $.00
  • Maintenance: Association Management, Insurance, Irrigation Water, Maintenance Grounds, Recreation Facilities, Sewer, Trash, Water
  • Association Mngmt Phone: 239-472-0062
  • Mandatory HOA: Yes
  • Tax Annual Amount: $18,113.36
  • Tax Year: 2022
  • Transfer Fee: $150.00
  • Association Fee 3: $4,250.00
  • Association Fee 3 Frequency: Quarterly
Virtual Tour
Property
Lot Information
  • Source of Measure Total Area: Appraiser
  • Development Name: SUNDIAL OF SANIBEL
  • Parcel Number: 30-46-23-T4-03012.4040
  • Property Type: Residential
  • Section: 30
  • Lot Unit: 404
  • Source of Measure Living Area: Appraiser
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Zero Lot Line, Pond
  • Acres: 0.2159
  • Lot Size Area: 0.2159
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: SUNDIAL OF SANIBEL PH 6 BLDG 12 OR 1496 PG 48 UNIT 404
Property and Assessments
  • Total Area: 1795.0
  • Rear Exposure: SW
  • Approx Living Area: 1451.0
  • Possession: Close Of Escrow
  • Property Condition: Known Damage
  • Property Sub Type: Condominium
  • Township: 46
  • Range: 23
  • Special Assessment: 0.00
  • Sub Condo Name: SUNDIAL OF SANIBEL
  • Year Built Numeric: 1981
  • Property Sub Type Additional: Condominium
  • Restrictions: Limited Number Vehicles, No Commercial, No RV
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Central
  • Utilities: Cable Available
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Common Interest: Condominium
  • Num Unit Floor: 4
  • Annual Food And Beverage Minimum: 0.00
  • Units in Complex: 141
  • Other Fee: $.00
  • Total Floors: 4
  • Total Annual Recurring Fees: $17,000.00
  • Total One Time Fees: $150.00
  • Units in Building: 36
  • Unit Location: 4
Interior and Exterior Features
Exterior Features
  • Architectural Style: Mid Rise
  • Association Amenities: Beach Rights, Beach Access, Laundry, Barbecue, Picnic Area, Pool, Restaurant, Spa Hot Tub
  • Boat Access: None
  • Canal Width: None
  • Community Features: Condo Hotel Community, Elevator, Near Hotel Motel
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Other, Water Feature
  • Exterior Features: Water Display, Pond
  • Irrigation Source: Reclaimed Water
  • Patio And Porch Features: Lanai, Porch, Screened
  • Pool Features: Community
  • Private Pool: No
  • Roof: Built Up, Flat
  • Security Features: Smoke Detectors
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2.0
  • Beds Total: 2
  • Bedrooms: 2 Bed
  • Cooling: Central Air, Electric, Other
  • Cooling: Yes
  • Elevator Text Details: Common
  • Flooring: Other, Tile
  • Furnished Desc: Partially
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Breakfast Bar, Living Dining Room, Shower Only, Separate Shower, Cable TV
  • Interior Features: Cable Prewire, Smoke Detectors
  • Laundry Features: Common Area
  • Rooms Total: 0
  • Window Features: Single Hung, Sliding
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 1401 Middle Gulf Drive, Unit L404

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1401 Middle Gulf Drive, Unit L404

Taxable ValueLand-Additions$54,070Total-
Tax Record2023$794 ($66 / month)
Home Facts
Beds2Total Finished SqFt1,451 SqFtAbove Grade Finished SqFt1,451 SqFtStories4Lot Size9,406 SqFtStyleCondominiumYear Built1981Year Renovated2006CountyLEEAPN30-46-23-T4-03012.4040

Schools near 1401 Middle Gulf Drive, Unit L404

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
The Sanibel School
PublicPK to 8

Cypress Lake Middle School
Public6 to 8

South Fort Myers High School
Public9 to 12

Fort Myers High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1401 Middle Gulf Drive, Unit L404 is a condo for sale in Sanibel, FL 33957. This property was listed for sale on December 5, 2023 by Pfeifer Realty Group LLC, it's currently listed at $1,750,000. It has been on the market for a total of 149 days and was last sold on April 10, 2020. This listing's school district is Lee. Nearby schools include The Sanibel School, Cypress Lake Middle School and South Fort Myers High School. 1401 Middle Gulf Drive, Unit L404 is a 2-bed, 2-bath, 1,451 sqft condo built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Pfeifer Realty Group LLC, Jennifer McSorley; Pfeifer Realty Group LLC, Eric Pfeifer

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.