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Sold for $612,500
  • $612,500

    1501 Middle Gulf Dr #402H, Sanibel, FL 33957

    2beds
    966sqft
    Condominium
    Built in 1975
    -- sqft lot
    $601,300 Zestimate®
    $634/sqft
    $1,878 Estimated rent

    Home value

    $601,300

    $529,000 - $679,000

    $1,878/mo

    Zestimate® history
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    $8,651/mo

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    What's special

    Granite countertopsDirect gulf viewsFront-load washer and dryerOpen kitchenWhite cabinetry
    -PRICE REDUCED! MAKE AN OFFER! Don't miss this opportunity. Top-floor, corner location this 2BR/2BA offers direct Gulf views over gardens and the community pool! Enjoy an open kitchen with white cabinetry, granite countertops, and front-load washer & dryer. This unit is ready for your personal touch—updates and repairs needed include new sliders, patio tile, drywall & ceiling repairs, painting, and a guest bathroom remodel. A fantastic opportunity to design your own coastal retreat! Optional participation in the Sundial Resort rental program provides full access to premier amenities: restaurants, tennis, pickleball, main pool, hot tub, volleyball, beach chairs/umbrellas, bikes, kayaks, the best pool bar on the beach and more. Ideal for investment or a family beach getaway—create memories that last a lifetime!

    Zillow last checked:

    Listing updated:

    Listed by:

    Fred G Newman 239-826-2704,

    Royal Shell Real Estate, Inc.,

    Vicki S Panico 239-980-0088,

    Royal Shell Real Estate, Inc.

    Bought with:

    Fred G Newman, 511421

    Royal Shell Real Estate, Inc.

    Source: Sanibel And Captiva Island AOR,MLS#: 2250654MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: DR/LR Combo, Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Water Heater
    Features
    • Storage, 8 Ft Ceilings, Elevator
    • Flooring: Carpet, Tile
    • Windows: Impact Resistant Windows, Single Hung, Sliding
    • Has fireplace: No
    Interior area
    • Total structure area: 1,053
    • Total interior livable area: 966 sqft

    Property

    Parking
    • Parking features: Open
    Features
    • Patio & porch: Screened
    • Exterior features: Storage
    • Pool features: Community
    • Has view: Yes
    • View description: Water, Lawn/Garden
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Gulf
    Details
    • Parcel number: 304623T4022084010

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS
    Condition
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: None/Not Applicable
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry, Deeded Beach Access, Elevator(s), Barbecue, Pool, Storage
    • Services included: Cable TV, Elevator, Maintenance Structure, Insurance, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Pool Service, Sewer, Trash, Water
    • HOA fee: $4,610 quarterly
    • HOA phone: 239-472-2442
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $634/sqft
    • Tax assessed value: $30,455
    • Annual tax amount: $431
    • Date on market: 5/20/2025
    • Cumulative days on market: 98 days
    • Listing terms: BTF/Cash
    • Lease term: Daily Rental,Daily

    Price history

    DateEventPrice
    8/27/2025Sold$612,500-14.9%$634/sqft
    Source: Sanibel And Captiva Island AOR #2250654 Report a problem
    7/31/2025Pending sale$719,900$745/sqft
    Source: Florida Gulf Coast MLS #225048875 Report a problem
    7/31/2025Contingent$719,900$745/sqft
    Source: Sanibel And Captiva Island AOR #2250654 Report a problem
    6/18/2025Price change$719,900-0.7%$745/sqft
    Source: Sanibel And Captiva Island AOR #2250654 Report a problem
    5/20/2025Listed for sale$725,000+68.6%$751/sqft
    Source: Sanibel And Captiva Island AOR #2250654 Report a problem
    5/2/2012Sold$430,000+35%$445/sqft
    Source: Public Record Report a problem
    5/15/1996Sold$318,500$330/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 -92%$54,070 -92.2%
    2022$9,965 +11.1%$692,427 +10%
    2021$8,967 +6.6%$629,479 +8%
    2020$8,415 +3.1%$583,015 +3.9%
    2019$8,166 $561,213
    2018$8,166 +1.4%$561,213 +13.6%
    2017$8,051 +9%$494,190 +13.5%
    2016$7,389 +9.5%$435,331 +0.1%
    2015$6,745 +1.7%$434,800 +16.9%
    2014$6,635 +12%$372,000 +12.1%
    2013$5,925 -4.1%$331,900 -12%
    2012$6,178 -15.4%$377,200 -15.3%
    2011$7,301 +8.5%$445,200 +12.9%
    2010$6,726 -7.5%$394,400 -10.6%
    2009$7,268 -16.2%$441,240 -20.4%
    2008$8,676 -14.5%$554,000 -14.1%
    2007$10,144 -11.4%$645,000 -6.5%
    2006$11,444 +20.4%$690,000 +35.3%
    2004$9,505 +11.8%$510,000 +12.1%
    2003$8,504 -0.9%$455,000 +1.1%
    2002$8,583 $450,000 +35.5%
    2000-- $332,000
    Find assessor info on the county website

    Neighborhood: 33957

    Nearby schools

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    $613,326