Sold for $1,275,000

$1,275,000

1401 Middle Gulf Dr Unit O206, Sanibel, FL 33957

2beds

1,531sqft

Condominium

Built in 1979

-- sqft lot

$1,273,300 Zestimate^®

$833/sqft

$6,358 Estimated rent

Home value

$1,273,300

$1.13M - $1.43M

$6,358/mo

Zestimate^® history

Owner options

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$6,358/mo

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$6,358/mo

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$13,152/mo

Est. payment

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$13,152/mo

Est. payment

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What's special

Direct gulf-front corner unitMultiple poolsGround-level storage unitSpacious quiet condoSteps from the beachWood flooring

This "diamond in the rough" is a direct gulf-front corner unit on the 2nd floor, offering breathtaking panoramic views of our beautiful gulf. Located in the sought-after Sundial Resort, this spacious, quiet condo is just steps from the beach, multiple pools, restaurants, a spa, and the lively tiki bar. Lovingly enjoyed by the owner and their family, this gulf-front condo has never been in a rental program. However, the potential for strong rental income is undeniable, with a projected gross annual rental income of $128,645. Additional features include wood flooring, with a ground-level storage unit, perfect for bikes, fishing gear, and beach & pool toys. Whether you're looking for a personal retreat or a lucrative investment, this Gulf-front gem is an opportunity not to be missed! This tropical quiet retreat is waiting for your decorative style

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Dining Room, Family Room, Kitchen, Living Room, See Remarks, Den

Primary bedroom

Features: See Remarks

Primary bathroom

Features: Sep. Tub, Tile, Walk-In Closet(s), See Remarks

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Dishwasher, Disposal, Internet Ready, Microwave, Refrigerator-Ice maker, Washer/Dryer Stacked, Water Heater, See Remarks

Features

Breakfast Bar, 8 Ft Ceilings, Elevator
Flooring: Tile, Vinyl, Wood, See Remarks
Doors: Sliding Doors, Solar Tinted, Storm Door(s)
Windows: Double Hung
Has fireplace: No

Interior area

Total structure area: 1,531
Total interior livable area: 1,531 sqft

Property

Parking

Parking features: Assigned, Under Bldg

Features

Patio & porch: Screened
Exterior features: Storage
Pool features: Community
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Beach Front, Gulf, See Remarks

Lot

Features: Golf Course

Details

Parcel number: 304623T4025152060

Construction

Type & style

Home type: Condo
Architectural style: Contemporary,See Remarks
Property subtype: Condominium

Materials

Stone, Trim Stucco, CBS

Condition

Year built: 1979

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Fire Sprinkler System, Security Guard

HOA

Has HOA: Yes
Amenities included: Cabana, Cable TV, Recreation Room, Elevator(s), Fitness Center, Barbecue, Hot Tub/Whirlpool, Internet, Playground, Pool, Rental Office on Site, Restaurant, Storage, Spa/Hot Tub, Tennis Court(s), WiFi, Other
Services included: Elevator, Exter Pest Control, Insurance, Irrigation, Landscape/Lawn, Legal and Accounting, Lift Station, Manager, Parking, Pool Service, Recreation Facilities, Trash, Water, See Remarks
HOA fee: $4,850 quarterly
HOA phone: 239-472-0062

Location

Region: Sanibel

Financial & listing details

Price per square foot: $833/sqft
Tax assessed value: $1,086,675
Annual tax amount: $5,534
Date on market: 2/18/2025
Cumulative days on market: 394 days
Listing terms: BTF/Cash
Lease term: Daily Rental,Daily

Price history

Date	Event	Price
4/16/2026	Sold	$1,275,000-14.7%$833/sqft
Source: Sanibel And Captiva Island AOR #2250310 Report a problem
3/2/2026	Contingent	$1,495,000$976/sqft
Source: Sanibel And Captiva Island AOR #2250310 Report a problem
3/2/2026	Pending sale	$1,495,000$976/sqft
Source: Florida Gulf Coast MLS #225026260 Report a problem
2/18/2025	Listed for sale	$1,495,000-16.7%$976/sqft
Source: Sanibel And Captiva Island AOR #2250310 Report a problem
8/9/2024	Listing removed	$1,795,000$1,172/sqft
Source: SWFLMLS #223075986 Report a problem
2/21/2024	Price change	$1,795,000-5.3%$1,172/sqft
Source: SWFLMLS #223075986 Report a problem
11/11/2023	Listed for sale	$1,895,000+521.3%$1,238/sqft
Source: Stellar MLS #A4588764 Report a problem
12/27/1994	Sold	$305,000+1209%$199/sqft
Source: Public Record Report a problem
10/11/1993	Sold	$23,300$15/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,504 +9911.5%	$719,312 +2261.9%
2024	$95 -76.2%	$30,455 -43.7%
2023	$398 -95.3%	$54,070 -91.8%
2022	$8,539 -1%	$658,912 +3%
2021	$8,628 +0.3%	$639,720 +1.4%
2020	$8,605 +1.6%	$630,888 -34.1%
2019	$8,469	$957,695 +58.2%
2018	$8,469 -0.2%	$605,205 +2.1%
2017	$8,482 -0.1%	$592,757 -23%
2016	$8,494 +0.4%	$769,885 +4.2%
2015	$8,460 -1.9%	$739,000 +22.9%
2014	$8,628 -0.2%	$601,400 +6.7%
2013	$8,644 -10.2%	$563,500 -4.2%
2012	$9,627 -8.2%	$588,000 -11.5%
2011	$10,491 +12.6%	$664,700 +21.6%
2010	$9,318 -13.3%	$546,800 -16.2%
2009	$10,745 -17.8%	$652,820 -21.8%
2008	$13,067 -15.2%	$835,000 -14.8%
2007	$15,403 +137.9%	$980,000 +151.3%
2006	$6,476 -65.2%	$390,000 -61%
2004	$18,619 +24.6%	$1,000,000 +25%
2003	$14,941 -0.1%	$800,000 +1.9%
2002	$14,959	$785,000 +28.3%
2000	--	$612,000