1401 Middle Gulf Drive # O206 Sanibel, FL $ 1,495,000
1401 Middle Gulf Drive # O206
$ 1,495,000
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1401 Middle Gulf Drive # O206

Sanibel, FL, 33957
$ 1,495,000
Bedrooms2 Baths2.0 Sq 1,531

Monthly Estimate*

$ 9,327

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Condo for sale in Sanibel, FL

for $1,495,000 with 2 bedrooms and 2 full baths. This 1,531 square foot condo was built in 1979 on a lot size of 0.3034.

This "diamond in the rough" is a direct Gulf-front corner unit on the 2nd floor, offering breathtaking panoramic views of the Gulf of America. Located in the sought-after Sundial Resort, this spacious, quiet condo is just steps from the beach, multiple pools, restaurants, spa, and the lively tiki bar. Lovingly enjoyed by the owner and their family, this gulf-front condo has never been in a rental program. However, the potential for strong rental income is undeniable, with a projected gross annual rental income of $128,645. Additional features include wood flooring, with a ground-level storage unit, perfect for bikes, fishing gear, and beach & pool toys. Whether you're looking for a personal retreat or a lucrative investment, this Gulf-front gem is an opportunity not to be missed! This tropical quiet retreat is waiting for your decorative style

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Condo Active

Price

$ 1,495,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 30,455

Style

Contemporary, MidRise

Lot Size

0.3034

Year Built

1979

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

225026260

Features
Interior
Interior Amenities BreakfastBar Bathtub SeeRemarks SeparateShower CableTv HighSpeedInternet
Flooring Tile Vinyl Wood
Furnished Y/N Unfurnished
Total Stories 4
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features DoubleHung
Fireplace Y/N N
Half Baths 0
Total Bedrooms 2
Entry Level 2
Room Type Den FamilyRoom ScreenedPorch GreatRoom
Total Baths 2
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General
Sewer PublicSewer
Heating Central Electric
Cooling CentralAir CeilingFans Electric
Utilities CableAvailable HighSpeedInternetAvailable
Possession CloseOfEscrow
Roof BuiltUp Flat
Appliances Dryer Dishwasher Disposal IceMaker Microwave Refrigerator RefrigeratorWithIceMaker Washer
HOA Fee 0.0
Garage Spaces 0.0
Association Fee Includes AssociationManagement CableTv Insurance Internet IrrigationWater LegalAccounting MaintenanceGrounds PestControl RecreationFacilities Trash Water
Patio/Porch Features Lanai Porch Screened
Architectural Style Contemporary MidRise
Pool Features Community
Construction Materials Block Concrete Stone Stucco
Pets Allowed Call Conditional
Year Built 1979
View Gulf
Unit Number O206
Property Subtype Condominium
Tax Year 2024
Ownership Condo
Development Name SUNDIAL OF SANIBEL
Waterfront Features Gulf
Community Features Elevator NonGated
HOA Fee 2 4850.0
County Lee
New Construction N
Property Type Residential
Association Amenities Cabana Clubhouse FitnessCenter Barbecue Other PicnicArea Playground Pool Restaurant SpaHotTub Storage TennisCourts Management
HOA Y
Attached Garage N
Subdivision Name SUNDIAL OF SANIBEL
Facing Direction West
Garage Y/N N
Total Rooms 0
Full Baths 2
Status Active
City Sanibel
Land Lease Amount 0.0
Senior Community Y/N N
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Carport Spaces 1.0
Carport Y/N Y
HOA Fee 2 Frequency Quarterly
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 30455.0
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/225026260
Standard Status Active
Tax Lot 206
Property Sub Type Additional Condominium
Legal Description SUNDIAL OF SANIBEL PH 4 BLDG 15 OR 1316 PG 740 UNIT 206
Assoc/CIC Condominium
HOA Fee 3 0.0
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Exterior
Exterior Amenities SecurityHighImpactDoors Storage
Parking Features Underground AttachedCarport
Lot Features Other
Water Source Public Public
Lot Size Area 0.3034
Horses N
Spa N
Irrigation/Water Rights N
Building Area Total 1531.0
Lot Size Acres 0.3034
Private Pool N
Lot Size Source Appraiser
Waterfront Y/N Y
Covered Spaces 1.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Connie Walters

Listing Agent

Michael Saunders & Company

Broker

ConnieWalters@michaelsaunders.com

Email

Affordability Calculator

$11,865
Per Month
79%
21%
0%
Monthly Principal & Interest
$9,327
Monthly Property Taxes
$2,538
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2025$1,495,000 Listed Price

Map


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1401 Middle Gulf Drive # O206, Sanibel, FL, 33957 is a Condo for sale at $1,495,000 with 1,531 sqft and a lot size of 0.3034. 1401 Middle Gulf Drive # O206 has 2 bedrooms, 2.0 baths, and was built in 1979. The property's zip code is 33957 which is in Sanibel, FL