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 installed white shaker style cabinets, tile showers, recessed lighting, fresh neutral paint, and new bedroom carpeting. In-unit laundry and an assigned under building parking spot add great convenience. 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.
Sold for $1,375,000
$1,375,000
1401 Middle Gulf Dr Unit L404, Sanibel, FL 33957
2beds
1,519sqft
Condominium
Built in 1981
-- sqft lot
$1,339,300 Zestimate®
$905/sqft
$6,915 Estimated rent
Home value
$1,339,300
$1.18M - $1.51M
$6,915/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jennifer McSorley 239-560-2355,
Pfeifer Realty Group LLC,
Eric J Pfeifer 239-472-0004,
Pfeifer Realty Group LLC
Bought with:
Jennifer McSorley, 3139956
Pfeifer Realty Group LLC
Source: Sanibel And Captiva Island AOR,MLS#: 2231110
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: DR/LR Combo, Kitchen, Den
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Washer/Dryer Stacked, Other, See Remarks
Features
- Breakfast Bar, 8 Ft Ceilings, Elevator
- Flooring: Carpet, Tile, See Remarks
- Has fireplace: No
Interior area
- Total structure area: 1,757
- Total interior livable area: 1,519 sqft
Property
Parking
- Parking features: Assigned, Under Bldg
Features
- Patio & porch: Screened
- Pool features: Community
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Gulf, Near Beach
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Stucco, CBS
Condition
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Other
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Pool, Restaurant
- Services included: Elevator, Maintenance Structure, Insurance, Irrigation, Landscape/Lawn, Manager, Pool Service, Recreation Facilities, Sewer, Trash, Water
- HOA fee: $4,534 quarterly
- HOA phone: 239-472-0062
- Second HOA fee: $1,366 quarterly
Location
- Region: Sanibel
Financial & listing details
- Price per square foot: $905/sqft
- Annual tax amount: $431
- Date on market: 5/31/2024
- Cumulative days on market: 589 days
- Listing terms: BTF/Cash
- Lease term: Daily Rental,Weekly
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2025 | Sold | $1,375,000-14.1%$905/sqft |
Source:  Sanibel And Captiva Island AOR #2231110 Report a problem | ||
| 6/11/2025 | Pending sale | $1,600,000$1,053/sqft |
Source: Sanibel And Captiva Island AOR #2231110 Report a problem | ||
| 3/10/2025 | Price change | $1,600,000-8.6%$1,053/sqft |
Source: Sanibel And Captiva Island AOR #2231110 Report a problem | ||
| 4/24/2024 | Price change | $1,750,000-5.4%$1,152/sqft |
Source: Sanibel And Captiva Island AOR #2231110 Report a problem | ||
| 12/5/2023 | Listed for sale | $1,850,000+54.2%$1,218/sqft |
Source:  Florida Gulf Coast MLS #223079132 Report a problem | ||
| 4/10/2020 | Sold | $1,200,000-11.1%$790/sqft |
Source:  Florida Gulf Coast MLS #220012147 Report a problem | ||
| 3/13/2020 | Pending sale | $1,350,000$889/sqft |
Source: Royal Shell Real Estate Inc #220012147 Report a problem | ||
| 2/12/2020 | Listed for sale | $1,350,000$889/sqft |
Source: Royal Shell Real Estate Inc #220012147 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 33957
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Nearby schools
GreatSchools rating
- 10/10The Sanibel SchoolGrades: PK-8Distance: 4.2 mi
- 5/10Cypress Lake High SchoolGrades: 9-12Distance: 11.8 mi
- 2/10South Fort Myers High SchoolGrades: 9-12Distance: 14.4 mi
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- Florida
- Lee County
- Sanibel
- 33957
- 1401 Middle Gulf Dr Unit L404
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