1 month on rocket

1501 Middle Gulf Dr Unit B401, Sanibel, FL, 33957

$885,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
706 SqFt
$1,254/SqFt
Condo
Schools Nearby

Location

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1501 Middle Gulf Dr Unit B401, Sanibel$885,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingCommon, Driveway, Underground, Paved
Year Built1974
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontBeach
ViewGulf
MLS #224025545
StatusActive

About 1501 Middle Gulf Dr Unit B401

Welcome to your own piece of paradise at Sundial West on Sanibel Island! This stunning 1-bedroom, 1-bathroom condo offers a luxurious and comfortable living space while the aqua gulf view from the 4th floor balcony is sure to take your breath away. Sanibel Island is world-famous for its shelling, and this condo is just steps away from some of the best shelling beaches in the world. The community pool is steps away from this unit and perfect for relaxing and enjoying the warm Florida sun.With over $100,000 in rental income potential, this condo is not only a dream vacation spot but also a smart investment opportunity. Currently under reconstruction Sundial West will come back stronger and better than ever. Building B will be released to owners on August 1st, 2024 for your repairs and design style. The association is offering finishing packages to unit owners that should be done by September (Prices are not yet available) or hire your own builder for all the finishings you desire. All buildings are planned to be ready for 2025 Prime Season. The in unit washer and dryer provide added convenience for you and your rental guests. The lock out storage closet an extra storage closet make it easy to hide away your personal items as well as keeping beach chairs and alike for a fun beach stay for you and your guest to enjoy their time. The A-1 unit type is the largest and most spacious 1 bedroom at Sundial West, offering plenty of room for you and your guests to relax and unwind. Whether you're looking for a peaceful retreat or a fun-filled vacation, this condo has everything you need to fall in love it and make your guests have an unforgettable stay. Sanibel Island is known for its natural beauty, wildlife, charming shops, and delicious dining options, making it a favorite destination for travelers from around the world. Don't miss your chance to own a piece of Sanibel's favorite place to stay. With its prime location, stunning views, and 1 day rental opportunity creating the best potential for rental income on the island, this condo is truly a one-of-a-kind opportunity. Come experience the magic of Sanibel Island and make this condo your own slice of paradise today!

Property Details

Property Features

Property Information:

  • Architectural Style: Mid Rise
  • Year Built: 1974
  • Living Area: 706 SqFt

Listing Office:

  • Office Name: John R. Wood Properties
  • Office Phone: (239) 472-2411
  • Listing Agent: Kimberly Powers

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Range, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Living/Dining Room, Tub Shower, Bar, Walk-In Closet(s), High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Common, Driveway, Underground, Paved

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), 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: Please check in with gate when arriving. You will need closed toe shoes and hard hats. You will be accompanied by staff to specific unit.

Price Information

Listing Price Info

Price Summary:

  • List Price: $885,000
  • Price Per SqFt: $1,254/SqFt

Tax Information:

  • Annual Amount: $6,321
  • 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 B401 vs Sanibel

42 DAYS ON ROCKET

-44 Days

$885,000

-$95K Less

$1,254/SqFt

+$729 More

KEY TAKEAWAY

This property is $95K less than the Median Sold Price and $729/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: #224025545

Listing Office:

  • Office Name: John R. Wood Properties
  • Office Phone: (239) 472-2411
  • Listing Agent: Kimberly Powers

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: 4/28/2024, 10:25:16 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

Jul 21, 2004Home Sold
$475,000
May 24, 2002Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,321$437,665
2019$6,126$420,708
2018$6,015$391,414
2017$5,512$369,835

History based on county public records data.

Payment Calculator

$4,484

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,720

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-2679613
9
/10

  • The Sanibel School

  • 3840 Sanibel Captiva Rd

  • 3.98 miles

  • Public District Grades PK-8

school-card-donut-2679614
7
/10

  • Heights Elementary School

  • 15200 Alexandria Ct

  • 10.05 miles

  • Public Magnet Grades PK-5

High School

school-card-donut-2679615
4
/10

  • Cypress Lake High School

  • 6750 Panther Ln

  • 12.02 miles

  • Public Magnet Grades 9-12

school-card-donut-2679616
2
/10

  • South Fort Myers High School

  • 14020 Plantation Rd

  • 14.59 miles

  • Public District Grades 9-12

school-card-donut-2679617
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. Typical family type is 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 B401

What is the listing price of this property?

The listing price of 1501 Middle Gulf Dr Unit B401 property is $885,000.

What type of property is this?

The property 1501 Middle Gulf Dr Unit B401 is a condo located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 1501 Middle Gulf Dr Unit B401 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 B401 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 $6,321 (source: MLS/based on county public records data).

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

The last sale was on July 21, 2004 for $475,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1501 Middle Gulf Dr Unit B401 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1501 Middle Gulf Dr Unit B401 is 706 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 Middle Gulf Dr Unit B401 is 1974.

Rocket Homes›Florida›Lee County›Sanibel›33957›1501 Middle Gulf Dr Unit B401

This home is located at 1501 Middle Gulf Dr Unit B401 in Sanibel, FL and zip code 33957. This 706 square foot home was built in 1974. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $885,000.

While more than 0 listings in Sanibel, FL in March 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 30 were sold below. The number of homes for sale in Sanibel, FL increased by 6.3% between February 2024 and March 2024. In March 2024 median list price was $980,000 and the average listing age was 86 days.

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

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