1501 Middle Gulf Drive #A208, Sanibel, FL 33957

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1501 Middle Gulf Drive #A208 Sanibel, FL 33957

For Sale MLS# 224019035

2 beds2 baths1,042 sq ftCondo



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Data current as of 29/05/2024 18:35:57

Details for 1501 Middle Gulf Drive #A208

MLS# 224019035

Description for 1501 Middle Gulf Drive #A208, Sanibel, FL, 33957

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!

Listing Information

Property Type: Residential

Status: Active

Bedrooms: 2

Bathrooms: 2

Lot Size: 0.15 Acres

Square Feet: 1,042 sq ft

Year Built: 1974

Stories: 1 Story

Construction: Block,Concrete,Stucco

Subdivision: Sundial Of Sanibel

Furnished: Yes

County: Lee

Construction Status: Resale

Room Information


Full Baths: 2

Additonal Room Information

Laundry: Common Area, Inside

Interior Features

Flooring: Other

Doors/Windows: Impact Glass, Single Hung, Sliding

Additional Interior Features: High Speed Internet, Breakfast Bar, Separate Shower, Shower Only, Living/Dining Room


Water: Public

Sewer: Public Sewer

Cooling: Electric, Central Air

Heating: Central, Electric

Exterior / Lot Features

Parking Description: Underground, Common, Paved

Roof: Built-Up, Flat

Pool: Community

Lot View: Gulf

Additional Exterior/Lot Features: Outdoor Grill, Security/High Impact Doors, Lanai, Screened, Porch, Other

Waterfront Details

Water Front Features: Beach Front, Gulf

Community Features

Community Features: Near Hotel/Motel, Elevator, Condo Hotel Community

Association Amenities: Clubhouse, Pool, Tennis Court(s), Storage, Beach Access, Laundry, Beach Rights, Restaurant, Shuffleboard Court, Pickleball

HOA Dues Include: Insurance, Irrigation Water, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Association Management, Cable TV, Trash, Water

Driving 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.

Financial Considerations

Terms: All Financing Considered,Cash

Tax/Property ID: 30-46-23-T4-02101.2050

Tax Amount: 762.3

Tax Year: 2023

Price Changes

$995,000 Original Price
$995,000 Current Price
$0Total Change
Date Price Change
03/11/2024 10.26 AM $995,000
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Sales History

Date Price Change
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Tax Summary

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Schools nearby 1501 Middle Gulf Drive #A208

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SchoolDigger® Rating

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