8 months on rocket

1501 Middle Gulf Dr Unit B401, Sanibel, FL, 33957

$850,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
706 SqFt
$1,204/SqFt
Condo

Location

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1501 Middle Gulf Dr Unit B401, Sanibel$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingCommon, Driveway, Underground, Paved
Year Built1974
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontBeach
ViewGulf
MLS #224025545
StatusActive

About 1501 Middle Gulf Dr Unit B401

Sundial Beach Resort sits on the sandy white beaches of Sanibel Island, Florida. This direct gulf sunset view, 4th floor, end unit, with washer and dryer, right next to the pool is the largest A-1 unit type condo floorpan available at Sundial West. Sanibel Island is famous for shelling, and world class beaches.With over $100,000 in rental income potential, this condo is not only a dream vacation spot but also an incredibly smart investment opportunity. Building B will be released to owners on October 1st, 2024 as a white box for owners interior repairs from the damage caused from Ian. The owners selections have been made and this is going to be a stunning unit when finished. Don't miss your chance to own a piece of Sanibel's favorite place to stay. With its prime location, stunning views, and 1 day rental opportunity creating the best potential for rental income on the island, this condo is truly a one-of-a-kind opportunity. Come experience the magic of Sanibel Island and make this condo your own slice of paradise today!

Property Details

Property Features

Property Information:

  • Architectural Style: Mid Rise
  • Year Built: 1974
  • Living Area: 706 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Range, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Living/Dining Room, Tub Shower, Bar, Walk-In Closet(s), High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Common, Driveway, Underground, Paved

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: Please check in with gate when arriving. You will need closed toe shoes and hard hats. You will be accompanied by staff to specific unit.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $1,204/SqFt

Tax Information:

  • Annual Amount: $6,321
  • 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

1501 Middle Gulf Dr Unit B401 vs Sanibel

244 DAYS ON ROCKET

+25 Days

$850,000

-$138.7K Less

$1,204/SqFt

+$639 More

KEY TAKEAWAY

This property is $138.7K less than the Median Sold Price and $639/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: #224025545

Listing Office:

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

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: 11/17/2024, 6:20:49 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

Jul 21, 2004Home Sold
$475,000
May 24, 2002Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,321$437,665
2019$6,126$420,708
2018$6,015$391,414
2017$5,512$369,835

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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-376971
10
/10

  • Fort Myers Beach Elementary School

  • 2751 Oak St

  • 7.18 miles

  • Public District Grades KG-5

school-card-donut-376972
5
/10

  • Harlem Heights Community Charter School

  • 15570 Hagie Dr

  • 9.72 miles

  • Public Charter Grades KG-5

school-card-donut-376973
7
/10

  • Heights Elementary School

  • 15200 Alexandria Ct

  • 10.03 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. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 Middle Gulf Dr Unit B401

What is the listing price of this property?

The listing price of 1501 Middle Gulf Dr Unit B401 property is $850,000.

What type of property is this?

The property 1501 Middle Gulf Dr Unit B401 is a condo located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 1501 Middle Gulf Dr Unit B401 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 $6,321 (source: MLS/based on county public records data).

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

The last sale was on July 21, 2004 for $475,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1501 Middle Gulf Dr Unit B401 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1501 Middle Gulf Dr Unit B401 is 706 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 Middle Gulf Dr Unit B401 is 1974.

Rocket Homes›Florida›Lee County›Sanibel›33957›1501 Middle Gulf Dr Unit B401

This home is located at 1501 Middle Gulf Dr Unit B401 in Sanibel, FL and zip code 33957. This 706 square foot home was built in 1974. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $850,000.

Sanibel, FL housing market in October 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 6 sold below. In October 2024 in Sanibel, FL there were 13.3% more homes for sale than in September 2024. Listings spent 219 days on the market in October 2024, and had a median list price of $988,750 during the same period.

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

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