1501 Middle Gulf Drive, Unit A208

Sanibel, FL 33957

$995,000
Price
2
Beds
2
Baths
1,042 Sq. Ft.
$955 / Sq. Ft.
1,042
Sq. Ft.
$955
per Sq. Ft.

Description

Directly on the Gulf of Mexico! The views are absolutely phenomenal from this second 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 for all walls and exterior doors and windows. The Association insurance is also covering anything that was located within the bottom...Directly on the Gulf of Mexico! The views are absolutely phenomenal from this second 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 for 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!
  1. Listed by Teresa Baker • VIP Realty Group,Inc
  2. Listed by Lynda Traverso • VIP Realty Group,Inc

Property Details for 1501 Middle Gulf Drive, Unit A208

Development
SUNDIAL OF SANIBEL
Building Design
Low Rise (1-3)
Community Type
Condo/Hotel
Waterfront
Yes
Waterfront Desc
Beach Front, Gulf
Waterfront Desc
On the Gulf Beach, Gulf Frontage
View
Gulf
Garage Spaces
.00

Location

Listing Courtesy of VIP Realty Group,Inc, Teresa Baker; VIP Realty Group,Inc, Lynda Traverso
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LISTING UPDATED: 03/11/2024 07:27 PM

Property Details for 1501 Middle Gulf Drive, Unit A208

StatusActive
MLS #224019035
Days on Market52
Taxes$762 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1974
CountyLee County

Location

Listing Courtesy of VIP Realty Group,Inc, Teresa Baker; VIP Realty Group,Inc, Lynda Traverso
Add your commute

Building Information for 1501 Middle Gulf Drive, Unit A208

Building/Complex1501 Middle Gulf DrFloor-Stories1Residences20Pet PolicyAllowedYear Built1974

Payment Calculator

$5,494 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$64

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1501 Middle Gulf Drive, Unit A208

Summary
Location and General Information
  • City: SANIBEL
  • 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.
  • 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: 1501
  • Street Suffix: DR
  • Block: 2101
  • Unit Number: A208
  • Full Address: 1501 Middle Gulf DR A208
  • View: Yes
Parking
  • Carport Spaces: .00
  • Carport: No
  • Covered Spaces: .00
  • Garage: No
  • Parking Features: Common, Underground, Paved
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $150.00
  • HOA Fee: $.00
  • Maintenance: Association Management, Cable TV, Insurance, Irrigation Water, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Trash, Water
  • Association Mngmt Phone: 239-472-2443
  • Mandatory HOA: No
  • Tax Annual Amount: $762.30
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $3,519.00
  • Association Fee 3 Frequency: Quarterly
Property
Lot Information
  • Source of Measure Total Area: Plans
  • Development Name: SUNDIAL OF SANIBEL
  • Parcel Number: 30-46-23-T4-02101.2050
  • Property Type: Residential
  • Section: 30
  • Lot Unit: 203
  • Source of Measure Living Area: Plans
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Other
  • Acres: 0.15
  • Lot Size Area: 0.15
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: SUNDIAL PHASE 1 CONDO BLDG 1 OR 913 PG 792 APT 205(A-207/8)
Property and Assessments
  • Total Area: 1150.0
  • Rear Exposure: S
  • Approx Living Area: 1042.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Township: 46
  • Range: 23
  • Special Assessment: 0.00
  • Sub Condo Name: SUNDIAL OF SANIBEL
  • Year Built Numeric: 1974
  • Property Sub Type Additional: Condominium
  • Restrictions: 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
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Common Interest: Condominium
  • Num Unit Floor: 2
  • Annual Food And Beverage Minimum: 0.00
  • Units in Complex: 266
  • Other Fee: $.00
  • Total Floors: 1
  • Total One Time Fees: $150.00
  • Units in Building: 20
  • Unit Location: 2
Interior and Exterior Features
Exterior Features
  • Architectural Style: Garden Home, Low Rise
  • Association Amenities: Beach Rights, Beach Access, Clubhouse, Laundry, Pickleball, Pool, Restaurant, Shuffleboard Court, Storage, Tennis Courts
  • Canal Width: N, o, n, e
  • Community Features: Condo Hotel Community, Elevator, Near Hotel Motel
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: Security High Impact Doors, Outdoor Grill
  • Exterior Features: Built In Grill
  • Irrigation Source: Municipal
  • Patio And Porch Features: Lanai, Porch, Screened
  • Pool Features: Community
  • Private Pool: No
  • Roof: Built Up, Flat
  • Structure Type: Low Rise
  • 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
  • Cooling: Yes
  • Elevator Text Details: Common
  • Flooring: Other
  • Furnished Desc: Unfurnished
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Breakfast Bar, Living Dining Room, Shower Only, Separate Shower, High Speed Internet
  • Interior Features: High Speed Available
  • Laundry Features: Common Area, Inside
  • Rooms Total: 0
  • Window Features: Single Hung, Sliding, Impact Glass
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 1501 Middle Gulf Drive, Unit A208

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1501 Middle Gulf Drive, Unit A208

Taxable ValueLand-Additions$54,070Total-
Tax Record2023$794 ($66 / month)
Home Facts
Beds2Total Finished SqFt954 SqFtAbove Grade Finished SqFt954 SqFtStories4Lot Size6,421 SqFtStyleCondominiumYear Built1974Year Renovated2006CountyLEEAPN30-46-23-T4-02101.2050

Schools near 1501 Middle Gulf Drive, Unit A208

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.

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1501 Middle Gulf Drive, Unit A208 is a condo for sale in Sanibel, FL 33957. This property was listed for sale on March 11, 2024 by VIP Realty Group,Inc, it's currently listed at $995,000. It has been on the market for a total of 52 days and was last sold on November 15, 2016. This listing's school district is Lee. Nearby schools include The Sanibel School, Cypress Lake Middle School and South Fort Myers High School. 1501 Middle Gulf Drive, Unit A208 is a 2-bed, 2-bath, 1,042 sqft condo built in 1974.

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 VIP Realty Group,Inc, Teresa Baker; VIP Realty Group,Inc, Lynda Traverso

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.