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Sold for $1,295,000
  • $1,295,000

    1501 Middle Gulf Dr #303K, Sanibel, FL 33957

    2beds
    1,208sqft
    Condominium
    Built in 1975
    -- sqft lot
    $1,295,800 Zestimate®
    $1,072/sqft
    $2,260 Estimated rent

    Home value

    $1,295,800

    $1.15M - $1.45M

    $2,260/mo

    Zestimate® history
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    What's special

    Beach accessSweeping unobstructed gulf viewsCustom room darkening draperiesAll new appliances
    Step into coastal luxury with this impeccably rebuilt 2 bedroom residence, enhanced by an additional sitting area perfect for a den, breakfast nook, or intimate reading retreat. Reconstructed from the studs out, this home is entirely new—beautifully furnished, elegantly decorated, and never before rented. The rental potential is exceptional, especially given the strong demand generated by weddings, conferences, and group events at Sundial. From the moment you enter, you’re greeted by sweeping, unobstructed Gulf views—stunning in photos, but truly breathtaking in person. Positioned on the third floor, the condo offers complete privacy with no sightlines into neighboring buildings. All new appliances and custom room darkening draperies. Additional conveniences include an in unit stackable washer/dryer. Sanibel was recently named No. 26 on The New York Times’ “52 Places to Go,” and Sundial stands as the island’s premier resort destination. Owners enjoy a fully remodeled lobby, modern amenities, and multiple on site dining options including the Gulf front Sea Breeze Café, Shima Japanese Steakhouse, Turtle’s Tiki Bar, and Beach Bites. Ownership flexibility is unmatched—use the condo personally, rent privately, or participate in the Sundial Resort rental program, which grants exclusive access to a suite of resort amenities: a resort style pool and fitness center, beach access, cabanas, pickleball, tennis, kayaking, canoeing, and more. Whether you’re seeking a refined beachfront escape or a high performing investment property, this residence delivers the best of Sanibel living—luxury, recreation, and exceptional opportunity in one extraordinary place.

    Zillow last checked:

    Listing updated:

    Listed by:

    Deborah B Smith 239-826-3416,

    Michael Saunders & Company

    Bought with:

    Deborah B Smith, 593014

    Michael Saunders & Company

    Source: Sanibel And Captiva Island AOR,MLS#: 2260201MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: DR/LR Combo, Kitchen, Living Room, See Remarks, Den
    Primary bathroom
    • Features: Dbl Sinks, Shower Only
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Electric Range, Washer
    Features
    • Breakfast Bar, Elevator
    • Flooring: Tile
    • Windows: Impact Resistant Windows, Sliding
    • Has fireplace: No
    Interior area
    • Total structure area: 1,358
    • Total interior livable area: 1,208 sqft

    Property

    Parking
    • Parking features: Open, See Remarks
    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: Gulf
    Details
    • Parcel number: 304623T4023113020

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: See Remarks
    • Property subtype: Condominium
    Materials
    • CBS, See Remarks
    Condition
    • Updated/Remodeled
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s), See Remarks
    HOA
    • Has HOA: Yes
    • Amenities included: Cable TV, Clubhouse, Laundry, Deeded Beach Access, Elevator(s), Fitness Center, Hot Tub/Whirlpool, Internet, Pickleball, Pool, Rental Office on Site, Restaurant, Storage, Spa/Hot Tub, Tennis Court(s), WiFi, See Remarks
    • Services included: Exter Pest Control, Pest Control, Landscape/Lawn, Legal and Accounting, Manager, Recreation Facilities, Sewer, Trash, Water
    • HOA fee: $5,878 quarterly
    • HOA phone: 239-472-2443
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $1,072/sqft
    • Tax assessed value: $30,455
    • Annual tax amount: $447
    • Date on market: 2/13/2026
    • Cumulative days on market: 73 days
    • Listing terms: BTF/Cash

    Price history

    DateEventPrice
    5/12/2026Sold$1,295,000-7.3%$1,072/sqft
    Source: Sanibel And Captiva Island AOR #2260201 Report a problem
    4/17/2026Contingent$1,397,000$1,156/sqft
    Source: Sanibel And Captiva Island AOR #2260201 Report a problem
    4/17/2026Pending sale$1,397,000$1,156/sqft
    Source: Florida Gulf Coast MLS #2026006285 Report a problem
    4/12/2026Price change$1,397,000-3.6%$1,156/sqft
    Source: Sanibel And Captiva Island AOR #2260201 Report a problem
    3/21/2026Price change$1,449,000-3.1%$1,200/sqft
    Source: Florida Gulf Coast MLS #2026006285 Report a problem
    2/10/2026Listed for sale$1,495,000+39.1%$1,238/sqft
    Source: Florida Gulf Coast MLS #2026006285 Report a problem
    1/10/2020Sold$1,075,000+44.5%$890/sqft
    Source: Public Record Report a problem
    6/7/2000Sold$744,000$616/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$447 -0.3%$30,455
    2024$449 -43.5%$30,455 -43.7%
    2023$794 -94.3%$54,070 -94.4%
    2022$13,878 +11.1%$964,832 +10%
    2021$12,488 +6.5%$877,120 +7.9%
    2020$11,731 +3.2%$813,153 +4%
    2019$11,368 $781,660 -0.1%
    2018$11,368 -1.5%$782,468 +10.6%
    2017$11,544 +7.7%$707,370 +10.7%
    2016$10,717 +8.3%$638,917 +6%
    2015$9,892 +3.1%$603,000 +6.4%
    2014$9,593 +6%$566,900 +11.5%
    2013$9,052 +9.1%$508,600 +0.4%
    2012$8,297 -19.4%$506,700 -25.2%
    2011$10,290 +17.2%$677,700 +31.5%
    2010$8,782 +4.9%$515,300 +1.3%
    2009$8,373 -13.2%$508,490 -17.5%
    2008$9,645 -13.7%$616,000 -13.4%
    2007$11,180 -3.7%$711,000 +1.6%
    2006$11,609 -9.7%$700,000 +1.4%
    2004$12,853 +5.9%$690,000 +6.2%
    2003$12,142 -1.2%$650,000 +0.8%
    2002$12,294 $645,000 +46.6%
    2000-- $440,000
    Find assessor info on the county website

    Neighborhood: 33957

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