For sale

$999,000

1401 Middle Gulf Dr Unit R401, Sanibel, FL 33957

2beds

1,451sqft

$8,376/mo

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Condominium

Built in 1980

-- sqft lot

$-- Zestimate^®

$688/sqft

$1,933/mo HOA

What's special

Fully-equipped and well furnishedUpdated bathsCovered parkingNew ground-level owner closetInterior owner closetTile floorsRemodeled with open kitchen

In Sundial Resort Phase V, this top-floor 2-bedrm 2-bath with den is ready for vacations & investment. Remodeled with open kitchen, tile floors, updated baths & more. Its tucked-away location offers view to Gulf over courtyard. afforded storm protection, & corner privacy with no neighbor above. Minor water intrusion from Ian resulted in some remediation & lower drywall replacement in great room. Easily sleeps 6 (king in master, twins in guest room, queen sleep-sofa in den). Sellers used as winter retreat & otherwise rent weekly through Royal Shell Vacations. The Phase V pool in courtyard of Bldgs R/S/T is expected to reopen early August Sundial East has use of the other two Association pools (Bldgs L/M/N & O/P/Q ). Offered fully-equipped & well furnished, #R401 also has stack washer/dryer & interior owner closet. Also new ground-level owner closet & covered parking. At their expense, Sellers had windows/sliders replaced by Sanibel Glass in June 2026.

890 days

87

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Den, DR/LR Combo, Kitchen, Great Room

Primary bathroom

Features: Dbl Sinks, Shower Only

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Washer/Dryer Stacked

Features

Breakfast Bar, Storage, 8 Ft Ceilings, Elevator
Flooring: Tile
Doors: Sliding Doors
Windows: Sliding, Window Coverings
Has fireplace: No

Interior area

Total structure area: 1,672
Total interior livable area: 1,451 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Assigned, Guest, Under Bldg

Accessibility

Accessibility features: Accessible Elevator Installed

Features

Exterior features: Storage
Pool features: Community
Has view: Yes
View description: Lagoon, Part Gulf View
Has water view: Yes
Water view: Lagoon,Part Gulf View
Waterfront features: Gulf

Construction

Type & style

Home type: Condo
Architectural style: Garden Apartment
Property subtype: Condominium

Materials

See Remarks

Condition

Updated/Remodeled
Year built: 1980

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: None/Not Applicable

HOA

Has HOA: Yes
Amenities included: Elevator(s), Pool
Services included: Elevator, Insurance, Landscape/Lawn, Parking, Pool Service, Sewer, Trash, Water
HOA fee: $5,800 quarterly
HOA phone: 239-472-0062

Location

Region: Sanibel

Financial & listing details

Price per square foot: $688/sqft
Annual tax amount: $11,265
Date on market: 3/13/2024
Cumulative days on market: 891 days
Listing terms: BTF/Cash
Lease term: Weekly

Estimated market value

Not available

Estimated sales range

Not available

$4,059/mo

Price history

Date	Event	Price
3/14/2026	Price change	$999,000-9.2%$688/sqft
Source: Sanibel And Captiva Island AOR #2240272 Report a problem
9/26/2025	Price change	$1,099,999-7.6%$758/sqft
Source: Sanibel And Captiva Island AOR #2240272 Report a problem
3/28/2025	Price change	$1,190,000-8.1%$820/sqft
Source: Sanibel And Captiva Island AOR #2240272 Report a problem
3/13/2024	Listed for sale	$1,295,000$892/sqft
Source: Sanibel And Captiva Island AOR #2240272 Report a problem