11 months on rocket

1401 Middle Gulf Dr Unit L404, Sanibel, FL, 33957

$1,750,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,451 SqFt
$1,206/SqFt
Condo

Location

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1401 Middle Gulf Dr Unit L404, Sanibel$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Underground, Garage, One Space
Attached Garage1 space
Year Built1981
HeatingCentral, Electric
CoolingCentral Air, Electric, Other
WaterfrontBeach, Gulf
ViewGulf
MLS #223079132
Lot Size0.22 Acres
StatusActive

About 1401 Middle Gulf Dr Unit L404

With spectacular direct Gulf views, this top floor corner unit is ideally located overlooking the pool and the beach. The unit has been fully mitigated since the storm and has passed full indoor air quality testing. The seller has hired a contractor to complete a renovation that will include white shaker style cabinets and vanities, quartz countertops, stainless steel appliances, white subway tile backsplash, fresh neutral paint, and new carpeting in the bedrooms. New living and dining room furniture has been ordered. There is still time for a buyer to make design choices. Act now! In-unit laundry and an assigned under building parking spot add great convenience. Owners are now able to occupy their condos at Sundial East. As soon as the renovations are complete, L404 will be ready to enjoy! This building is close to Sundial's main amenity complex offering convenient access to restaurants, shops, and recreation. L404 grossed $84K in 2022 with only 9 months of available rental and two prime weeks of owner use. For investment or personal use, this is a fabulous opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid Rise
  • Year Built: 1981
  • Living Area: 1,451 SqFt

Listing Office:

  • Office Name: Pfeifer Realty Group LLC
  • Office Phone: (239) 472-0004
  • Listing Agent: Jennifer McSorley

Interior Features

Interior Information:

  • Flooring Type: Other, Tile
  • Interior: Breakfast Bar, Living/Dining Room, Shower Only, Separate Shower, Cable TV

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Gulf
  • View: Gulf
  • Exterior: Other, Water Feature

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached, Underground, Garage, One Space

Lot Features

Lot Information:

  • Lot: Zero Lot Line
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric, Other

Other

Directions Information:

  • Directions: From Causeway, right onto Periwinkle, Left on to Donax, right onto Middle Gulf Drive. Left into Sundial East parking lot. Unit is in the last building on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000
  • Price Per SqFt: $1,206/SqFt

Tax Information:

  • Annual Amount: $15,314
  • 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

$988.7K

Med. Price/SqFt

$564

Avg. Days On Market

219

# of Sold Homes

6

1401 Middle Gulf Dr Unit L404 vs Sanibel

353 DAYS ON ROCKET

+134 Days

$1,750,000

+$761.2K More

$1,206/SqFt

+$641 More

KEY TAKEAWAY

This property is $761.2K more than the Median Sold Price and $641/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: #223079132

Listing Office:

  • Office Name: Pfeifer Realty Group LLC
  • Office Phone: (239) 472-0004
  • Listing Agent: Jennifer McSorley

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: 11/22/2024, 3:20:51 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

Apr 13, 2020Home Sold
$1,200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$15,314$1,061,863
2019$14,838$1,020,680
2018$14,485$940,391
2017$13,477$927,010

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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.

Nearby Schools

school-card-donut-644932
10
/10

  • Fort Myers Beach Elementary School

  • 2751 Oak St

  • 6.99 miles

  • Public District Grades KG-5

school-card-donut-644933
5
/10

  • Harlem Heights Community Charter School

  • 15570 Hagie Dr

  • 9.52 miles

  • Public Charter Grades KG-5

school-card-donut-644934
7
/10

  • Heights Elementary School

  • 15200 Alexandria Ct

  • 9.84 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,077. Most Sanibel, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1401 Middle Gulf Dr Unit L404

What is the listing price of this property?

The listing price of 1401 Middle Gulf Dr Unit L404 property is $1,750,000.

What type of property is this?

The property 1401 Middle Gulf Dr Unit L404 is a condo located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 1401 Middle Gulf Dr Unit L404 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $15,314 (source: MLS/based on county public records data).

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

The last sale was on April 13, 2020 for $1,200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1401 Middle Gulf Dr Unit L404 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1401 Middle Gulf Dr Unit L404 is 1,451 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1401 Middle Gulf Dr Unit L404 is 1981.

Rocket Homes›Florida›Lee County›Sanibel›33957›1401 Middle Gulf Dr Unit L404

This home is located at 1401 Middle Gulf Dr Unit L404 in Sanibel, FL and zip code 33957. This 1,451 square foot home, which was built in 1981, sits on a 0.22 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 05, 2023 and is currently priced at $1,750,000.

In October 2024, from all listings sold in Sanibel, FL there were more than 0 sold above asking price, over 6 sold below and more than 0 were sold right at the asked price. Between September 2024 and October 2024, Sanibel, FL real estate market has seen increase in the number of listings by 13.3%. While the average time on the market in October 2024 was 219 days, the median list price was $988,750.

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

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