1 month on rocket

1501 Middle Gulf Dr Unit A208, Sanibel, FL, 33957

$995,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,042 SqFt
$955/SqFt
Condo
Schools Nearby

Location

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1501 Middle Gulf Dr Unit A208, Sanibel$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCommon, Underground, Paved
Year Built1974
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontBeach, Gulf
ViewGulf
MLS #224019035
Lot Size0.15 Acres
StatusActive

About 1501 Middle Gulf Dr Unit A208

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Garden Home, Low Rise
  • Year Built: 1974
  • Living Area: 1,042 SqFt

Listing Office:

  • Office Name: VIP Realty Group,Inc
  • Office Phone: (239) 472-5187
  • Listing Agent: Teresa Baker

Interior Features

Interior Information:

  • Flooring Type: Other
  • Interior: Breakfast Bar, Living/Dining Room, Shower Only, Separate Shower, High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Gulf
  • View: Gulf
  • Exterior: Security/High Impact Doors, Outdoor Grill

Parking Information:

  • Parking: Common, Underground, Paved

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Cypress Lake High School, Public Magnet Grades 9-12
  • South Fort Myers High School, Public District Grades 9-12
  • Estero High School, Public District Grades 9-12
  • The Sanibel School, Public District Grades PK-8
  • Heights Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $955/SqFt

Tax Information:

  • Annual Amount: $10,289
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sanibel, FL.

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Sanibel, FL

City

Med. Sold Price

$980K

Med. Price/SqFt

$524

Avg. Days On Market

86

# of Sold Homes

30

1501 Middle Gulf Dr Unit A208 vs Sanibel

49 DAYS ON ROCKET

-37 Days

$995,000

+$15K More

$955/SqFt

+$430 More

KEY TAKEAWAY

This property is $15K more than the Median Sold Price and $430/SqFt more than other homes in Sanibel, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224019035

Listing Office:

  • Office Name: VIP Realty Group,Inc
  • Office Phone: (239) 472-5187
  • Listing Agent: Teresa Baker

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 7:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 15, 2016Home Sold
$790,000
Jan 09, 1997Home Sold
$425,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,289$713,023
2019$9,972$685,568
2018$10,162$682,176
2017$9,431$620,160

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3304066
9
/10

  • The Sanibel School

  • 3840 Sanibel Captiva Rd

  • 3.98 miles

  • Public District Grades PK-8

school-card-donut-3304067
7
/10

  • Heights Elementary School

  • 15200 Alexandria Ct

  • 10.05 miles

  • Public Magnet Grades PK-5

High School

school-card-donut-3304068
4
/10

  • Cypress Lake High School

  • 6750 Panther Ln

  • 12.02 miles

  • Public Magnet Grades 9-12

school-card-donut-3304069
2
/10

  • South Fort Myers High School

  • 14020 Plantation Rd

  • 14.59 miles

  • Public District Grades 9-12

school-card-donut-3304070
3
/10

  • Estero High School

  • 21900 River Ranch Rd

  • 15.97 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,077. Residents of Sanibel, FL typically earn between $35k-100k each year. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 Middle Gulf Dr Unit A208

What is the listing price of this property?

The listing price of 1501 Middle Gulf Dr Unit A208 property is $995,000.

What type of property is this?

The property 1501 Middle Gulf Dr Unit A208 is a condo located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 1501 Middle Gulf Dr Unit A208 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1501 Middle Gulf Dr Unit A208 are:
The Sanibel School: GreatSchools Rating 9/10
Heights Elementary School: GreatSchools Rating 7/10
Cypress Lake High School: GreatSchools Rating 4/10
South Fort Myers High School: GreatSchools Rating 2/10
Estero High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,289 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 15, 2016 for $790,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1501 Middle Gulf Dr Unit A208 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1501 Middle Gulf Dr Unit A208 is 1,042 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 Middle Gulf Dr Unit A208 is 1974.

Rocket Homes›Florida›Lee County›Sanibel›33957›1501 Middle Gulf Dr Unit A208

This home is located at 1501 Middle Gulf Dr Unit A208 in Sanibel, FL and zip code 33957. This 1,042 square foot home, which was built in 1974, sits on a 0.15 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $995,000.

Sanibel, FL housing market in March 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 30 sold below. The inventory of homes for sale in Sanibel, FL between February 2024 and March 2024 increased by 6.3%. The median list price of listings available in March 2024 was $980,000, while the average time on the real estate market was 86 days.

From Rocket Homes Real Estate and based on county public records data.

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