NOT LISTED FOR SALE

1501 Middle Gulf Dr, Unit F403 Sanibel, FL 33957

Estimated Value: $704,000 - $919,000

2 Beds
2 Baths
1,042 Sq Ft
$1,001/mo HOA Fee

Last Sold April 03, 2023

Last sale price $795,000 $763 Per Sq Ft

Current estimated payment $5,432/month

63 Days on Market

Highlights

  • Concierge
  • Community Beach Access
  • Fitness Center
  • Sanibel Elementary School Rated A-
  • Property fronts gulf or ocean
  • Clubhouse

About This Home

As of April 2023

Opportunity knocks! Top floor condo, no Hurricane damage to the unit. Clean, coastal decor, upgraded furniture, 2 bedroom plus sleeper sofa. The unit has been nicely updated. Tile on the diagonal throughout the condo. No carpet!! Lots of closet space, including two locked owner closets and a large exterior storage unit. Resort-styled amenities include state-of-the-art tennis and pickle ball facilities, multiple swimming pools, a fitness center, children’s activities, the Sanibel Sea School’s newest campus location. Sundial is planning on re-opening in 2024, and will be better than ever! The resort and its pristine beaches serve as a favorite for destination weddings and the resort features conference facilities with flexible indoor and outdoor meeting and event space. F403 is currently in the Sundial Rental Program. 2022 grossed approximately $75,500 for the first 9 months. Buy now at a discounted price and be ready to enjoy the newly built resort!

Last Agent to Sell the Property

Deborah Smith

Michael Saunders & Company License #252010876 Listed on: 01/29/2023

Last Buyer's Agent

Non-listing FGC MLS Non-Listing agent

FGC Non-MLS Office License #258029255

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,065

Year Built

  • Built in 1975

Lot Details

  • Property fronts gulf or ocean
  • Southeast Facing Home
  • Sprinkler System

HOA Fees

  • $1,001 Monthly HOA Fees

Parking

  • Common or Shared Parking

Home Design

  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,042 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Open Floorplan
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Home Security

Outdoor Features

  • Courtyard
  • Screened Patio
  • Outdoor Storage
  • Porch

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 402 / 2206
  • Assessor Parcel Number 30-46-23-T4-02206.4020

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, laundry, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, road maintenance, security, trash
  • 266 Units
  • Association Phone (239) 472-2443
  • Mid-Rise Condominium
  • Sundial Of Sanibel Subdivision

Amenities

  • Concierge
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Community Beach Access
  • Fitness Center
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Guard
  • Card or Code Access
  • Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,065

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,001 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.122
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SUNDIAL OF SANIBEL
  • Architectural Style: Other, Mid Rise
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: No
  • Year Built: 1975
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Quarterly
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Family/Dining Room, Living/Dining Room, Shower Only, Separate Shower, Cable TV, High Speed Internet, Split Bedrooms
  • Living Area: 1042.0
  • Stories: 4
  • Window Features: Impact Glass, Other, Window Coverings
  • ResoLivingAreaSource: Builder

Exterior Features

  • Lot Features: See Remarks, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf, Landscaped, Partial
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: Coastal Zone, Deed Restriction
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Exterior Features: Courtyard, Security/High Impact Doors, Sprinkler/Irrigation, Storage, Tennis Court(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Parking Features: Common

Utilities

  • Laundry Features: Common Area
  • Security: Key Card Entry, Security Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Elevator, Near Hotel/Motel, Tennis Court(s)
  • Amenities: Beach Rights, Beach Access, Bike Storage, Clubhouse, Fitness Center, Laundry, Barbecue, Picnic Area, Pickleball, Pool, Restaurant, Spa/Hot Tub, Storage, Tennis Court(s), Trash, Concierge
  • Phone: 239-472-2443
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 3003.0

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Laundry, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Road Maintenance, Security, Trash

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 30-46-23-T4-02206.4020
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 266

Tax Info

  • Tax Annual Amount: 8065.04
  • Tax Block: 2206
  • Tax Lot: 402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2023
Closed on
Apr 3, 2023
Sold by
Gordon Marilyn F
Bought by
Blanco Investments Llc
Seller's Agent
Deborah Smith
Michael Saunders & Company
Buyer's Agent
Non-listing FGC MLS Non-Listing agent
FGC Non-MLS Office
List Price
$999,000
Sold Price
$795,000
Premium/Discount to List
-$204,000
-20.42%
Views
117
Current Estimated Value
$797,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,321
Avg. Annual Appreciation
-0.18%

Purchase Details

Closed on
Mar 4, 2002
Sold by
Pierce Martin A and Pierce Jo Lynn
Bought by
Gordon Marilyn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2001
Sold by
Kramer Linda C
Bought by
Pierce Martin A and Pierce Jo Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.98%

Purchase Details

Closed on
Feb 4, 1999
Sold by
King James E and King Patricia J
Bought by
Kramer Linda C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blanco Investments Llc $795,000 Title Group
Gordon Marilyn F $477,500 --
Pierce Martin A $450,000 --
Kramer Linda C $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gordon Marilyn F $275,000
Previous Owner Pierce Martin A $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $795,000 0.0% $763 / Sq Ft
02/23/2023 02/23/23 Price Changed $795,000 -20.4% $763 / Sq Ft
01/29/2023 01/29/23 For Sale $999,000 -- $959 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

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 $8,401 $583,585 $0 $0
2021 $7,560 $530,532 $0 $530,532
2020 $7,101 $491,768 $0 $491,768
2019 $6,888 $473,195 $0 $473,195
2018 $6,769 $473,195 $0 $473,195
2017 $6,202 $415,055 $0 $415,055
2016 $5,657 $364,982 $0 $364,982
2015 $5,509 $346,000 $0 $346,000
2014 -- $355,700 $0 $355,700
2013 -- $317,700 $0 $317,700
Source: Public Records

Agents Affiliated with this Home

  • Deborah Smith

    Seller's Agent in 2023

    Deborah Smith

    Michael Saunders & Company

    (239) 826-3416

    52 in this area

    140 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    Non-listing FGC MLS Non-Listing agent

    FGC Non-MLS Office

See All Agents

About This Building

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223007566

Florida Gulf Coast Multiple Listing Service

APN: 30-46-23-T4-02206.4020

Florida Lee County Sanibel 33957

1501 Middle Gulf Dr Unit F403, Sanibel, FL

This home is located at 1501 Middle Gulf Dr Unit F403, Sanibel, FL 33957 since 29 January 2023 and is currently estimated at $786,516, approximately $754 per square foot. This property was built in 1975. 1501 Middle Gulf Dr Unit F403 is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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