$1,190,000
$105K PRICE DROP

Sundial East Condominium 1401 Middle Gulf Dr Unit R401 Sanibel, FL 33957

Estimated payment $9,321/month

Total Views 8,504
2 Beds
2 Baths
1,451 Sq Ft
$820 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • Outdoor Pool
  • Furnished
  • Sanibel Elementary School Rated A-
  • Partial Gulf or Ocean Views
  • Den

About This Home

In Sundial Resort Phase V, this top-floor 2-bedrm 2-bath with den is ready for vacations & investment. Remodeled with open kitchen, tile floors, updated baths & more. Its tucked-away location offers view to Gulf over courtyard. afforded storm protection, & corner privacy with no upstairs neighbor. Minor water intrusion from Ian resulted in some remediation & lower drywall replacement in great room. Easily sleeps 6 (king in master, twins in guest room, queen sleep-sofa in den). Sellers used as winter retreat & otherwise rent weekly through Royal Shell Vacations. The Phase V pool in courtyard of Bldgs R/S/T has not yet reopened but Sundial East has use of the other two Association pools (Bldgs L/M/N & O/P/Q ). Offered fully-equipped & well furnished, #R401 also has stack washer/dryer & interior owner closet. Also new ground-level owner closet & covered parking.

Listing Agent

Susan Andrews

SanibelSusan Realty Associates License #587002 Listed on: 03/12/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,567

Year Built

  • Built in 1980 | Remodeled

HOA Fees

  • $1,933 Monthly HOA Fees

Property Views

Home Design

  • Garden Apartment
  • Entry on the 4th floor

Interior Spaces

  • 1,451 Sq Ft Home
  • Furnished
  • Ceiling height between 8 to 10 feet
  • Sliding Windows
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Stacked Washer and Dryer
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Parking

  • Tuck Under Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Outdoor Storage

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • $100 Application Fee
  • Tax Lot 18-401
  • Assessor Parcel Number 30-46-23-T4-02818.4010

Community Details

Overview

  • Application Fee Required
  • Association fees include elevator, insurance bldg, landscape/lawn, parking, pool service, sewer, trash, water
  • Sundial East Association, Phone Number (239) 472-0062
  • Sundial East Community

Recreation

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,567

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$1,933 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Garden Apartment, Great Room, Remodeled
  • Accessibility: Acc Elevator
  • Legal Description: SUNDIAL OF SANIBEL CONDO PH V OR 1377 PG 1990 UNIT 18-401
  • Strap Number: 30-46-23-T4-02818.4010
  • Subject To F I R P T A: No
  • Year Built: 1980
  • Level: 4
  • Pet Limits: 1 pet, owners only.
  • Pets: Limits
  • Folio Id: 10129289
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 820.12
  • Total Sq Ft: 1672
  • Appliances: Dishwasher, Disposal, Microwave, Range Electric, Refrigerator, Stack Washer/Dryer
  • Estimated Living Sq Ft: 1451
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Ceiling: 8 Ft Ceilings
  • Den: Yes
  • Fireplace: No
  • Floor: 4
  • Flooring: Tile Floor
  • Furnished: Yes
  • Furnishing: Fully Furnished, Turn-Key, Window Cov-All
  • Primary Bathroom: Dbl Sinks, Shower Only
  • Windows: Sliding

Exterior Features

  • Misc Exterior: See Remarks
  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Pool: Yes
  • View: Lagoon, Part Gulf View

Garage/Parking

  • Parking: Assigned, Guest, Under Bldg

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling
  • Heating: Central Heat
  • Security: None/Not Applicable

Condo/Co-op/Association

  • Association Fees Disp: Y - $5800/Q
  • Association Fee: 5800
  • Association Fee Period: Quarterly
  • Association Right Of Refusal: No
  • Association Management: Sundial East
  • Management Company Phone: 239-472-0062
  • Condo Amenities: Elevator, Pool
  • Condo Name: Sundial East
  • Fees Include: Elevator, Insurance Bldg, Landscape/Lawn, Parking, Pool Service, Sewer, Trash, Water
  • Govern Bodies: Application Fee, Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2024-03-13
  • Geo Address Line: 1401 Middle Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 18-401

Rental Info

  • Application Fee: 100
  • Application Required: Yes
  • Rent History: In past years, owners often used in winter (Jan/Feb/Mar) & otherwise rented weekly thru Royal Shell Vacations. Weekly minimum applies with this program. Past gross rental income was: 2019: $20.7K, 2020: $30.4K, 2021: $47..8K, & 2022 before storm: $42.8K. Future bookings as of 3/21/2025: 6/14-21, 6/28-7/12, 11/8-15, 3/31-2/28/2026, & must be honored or moved. (See past rental history attachment.)
  • Rent Phone: 866-341-7799
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 12567
  • Tax Year: 2022

Map

About Sundial East Condominium

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $794 $30,455 -- $30,455
2023 $794 $54,070 $0 $54,070
2022 $12,567 $873,530 $0 $0
2021 $11,308 $794,118 $0 $794,118
2020 $10,614 $735,633 $0 $735,633
2019 $9,988 $708,178 $0 $708,178
2018 $9,692 $708,178 $0 $708,178
2017 $9,029 $643,578 $0 $643,578
2016 $8,322 $577,757 $0 $577,757
2015 $7,292 $458,200 $0 $458,200
2014 $8,088 $502,900 $0 $502,900
2013 -- $468,300 $0 $468,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Price Changed $1,190,000 -8.1% $820 / Sq Ft
03/12/2024 03/12/24 For Sale $1,295,000 -- $892 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Corporate Deed $820,000 None Available
Warranty Deed $510,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2240272

Sanibel & Captiva Islands Association of REALTORS®

APN: 30-46-23-T4-02818.4010

Florida Lee County Sanibel 33957

1401 Middle Gulf Dr Unit R401, Sanibel, FL

This home is located at 1401 Middle Gulf Dr Unit R401, Sanibel, FL 33957 and is currently priced at $1,190,000, approximately $820 per square foot. This property was built in 1980. 1401 Middle Gulf Dr Unit R401 is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Sanibel & Captiva Islands Association of REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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Susan Andrews
Listing Agent
Susan Andrews
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SanibelSusan Realty Associates
(239) 565-3128