5 months on rocket

1501 Middle Gulf Dr Unit K403, Sanibel, FL, 33957

$1,150,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,208 SqFt
$952/SqFt
Condo
Schools Nearby

Location

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1501 Middle Gulf Dr Unit K403, Sanibel$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1975
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewGulf
MLS #223084026
StatusActive

About 1501 Middle Gulf Dr Unit K403

It can't get much better than this! Sundial West. Building K. Top Floor. Incredible unobstructed panoramic views of the beach and the Gulf. Fantastic rental unit, did over $140,000 in 2022. Spacious and bright two bedroom unit plus dining room. Tile plank flooring throughout, carried over into the screened lanai. Beautifully tiled bathrooms with granite counter tops. Master bathroom has a walk-in shower and dual sinks. Granite counters in kitchen, white shaker style cabinets. Large storage area just outside of the unit for bikes/beach stuff. This unit was damaged during Hurricane Ian and is expected to be ready for occupancy/rental by January of 2025. Buy now at this greatly discounted price!

Property Details

Property Features

Property Information:

  • Architectural Style: Florida, Other, Mid Rise
  • Year Built: 1975
  • Living Area: 1,208 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Freezer, Microwave, Range, Refrigerator
  • Flooring Type: Tile
  • Interior: Dual Sinks, Living/Dining Room, Walk-In Closet(s), High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Lot Features

Lot Information:

  • Lot: Zero Lot Line

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $952/SqFt

Tax Information:

  • Annual Amount: $11,975
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$980K

Med. Price/SqFt

$524

Avg. Days On Market

86

# of Sold Homes

30

1501 Middle Gulf Dr Unit K403 vs Sanibel

170 DAYS ON ROCKET

+84 Days

$1,150,000

+$170K More

$952/SqFt

+$427 More

KEY TAKEAWAY

This property is $170K more than the Median Sold Price and $427/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: #223084026

Listing Office:

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

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: 5/1/2024, 12:55:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 13, 2017Home Sold
$875,000
Sep 29, 2006Home Sold
$950,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,975$830,110
2019$11,614$798,618
2018$11,875$799,425
2017$10,958$722,713

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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-4008182
9
/10
  • The Sanibel School

  • 3840 Sanibel Captiva Rd

  • 3.98 miles

  • Public District Grades PK-8

school-card-donut-4008183
7
/10
  • Heights Elementary School

  • 15200 Alexandria Ct

  • 10.05 miles

  • Public Magnet Grades PK-5

High School

school-card-donut-4008184
4
/10
  • Cypress Lake High School

  • 6750 Panther Ln

  • 12.02 miles

  • Public Magnet Grades 9-12

school-card-donut-4008185
2
/10
  • South Fort Myers High School

  • 14020 Plantation Rd

  • 14.59 miles

  • Public District Grades 9-12

school-card-donut-4008186
3
/10
  • Estero High School

  • 21900 River Ranch Rd

  • 15.97 miles

  • Public District Grades 9-12

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. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 Middle Gulf Dr Unit K403

What is the listing price of this property?

The listing price of 1501 Middle Gulf Dr Unit K403 property is $1,150,000.

What type of property is this?

The property 1501 Middle Gulf Dr Unit K403 is a condo located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 1501 Middle Gulf Dr Unit K403 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 K403 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 $11,975 (source: MLS/based on county public records data).

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

The last sale was on June 13, 2017 for $875,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1501 Middle Gulf Dr Unit K403 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1501 Middle Gulf Dr Unit K403 is 1,208 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 Middle Gulf Dr Unit K403 is 1975.

Rocket Homes›Florida›Lee County›Sanibel›33957›1501 Middle Gulf Dr Unit K403

This home is located at 1501 Middle Gulf Dr Unit K403 in Sanibel, FL and zip code 33957. This 1,208 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 12, 2023 and is currently priced at $1,150,000.

In March 2024, from all listings sold in Sanibel, FL there were more than 0 sold above asking price, over 30 sold below and more than 0 were sold right at the asked price. Between February 2024 and March 2024, Sanibel, FL real estate market has seen increase in the number of listings by 6.3%. While the average time on the market in March 2024 was 86 days, the median list price was $980,000.

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

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