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Off market
  • $826,300

    1501 Middle Gulf Dr Unit A208, Sanibel, FL 33957

    2beds
    1,042sqft
    Condo
    Built in 1974
    -- sqft lot
    $826,300 Zestimate®
    $793/sqft
    $2,055 Estimated rent

    Home value

    $826,300

    $735,000 - $934,000

    $2,055/mo

    Zestimate® history
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    What's special

    Directly on the Gulf of Mexico! The views are absolutely phenomenal from this second floor 2 bedroom, 2 bath condo in the A building. The kitchen and both baths have all been recently updated and a washer and dryer installed. Tile floors throughout the living area with carpet in both bedrooms. The master bedroom also has beautiful views of beach and Gulf with a sliding door that opens out on to the screened lanai. This condo does great in rentals - Currently in Royal Shell's rental program earning over $60,000 per year or could be put in the Sundial onsite program where it should earn $115,000 gross - Sundial pays owner 57% in 2017 & 60% in 2018! You won't find a 2 BR condo this close to the beach- at this great of a price - anywhere else on Sanibel - this is a rare opportunity!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Smoke Detectors, Window Coverings
    • Flooring: Tile, Carpet
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,042 sqft

    Property

    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 6,403 Square Feet
    Details
    • Parcel number: 304623T4021012050

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1974

    Utilities & green energy

    • Sewer: Central

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $738 monthly
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $793/sqft
    • Tax assessed value: $707,407
    • Annual tax amount: $9,984

    Price history

    DateEventPrice
    6/19/2024Listing removed$995,000$955/sqft
    Source: SWFLMLS #224019035 Report a problem
    3/10/2024Listed for sale$995,000+25.9%$955/sqft
    Source: Sanibel And Captiva Island AOR #2240260 Report a problem
    11/15/2016Sold$790,000-2.5%$758/sqft
    Source: Florida Gulf Coast MLS #216049237 Report a problem
    8/4/2016Listed for sale$809,900-4.6%$777/sqft
    Source: VIP Realty Group,Inc #216049237 Report a problem
    2/10/2010Listing removed$849,000$815/sqft
    Source: John R. Wood, Realtors #2901018 Report a problem
    11/7/2009Listed for sale$849,000-5.6%$815/sqft
    Source: John R. Wood Island Real Estate #200948843 Report a problem
    11/23/2008Listing removed$899,000$863/sqft
    Source: Listhub #200839008 Report a problem
    8/23/2008Listed for sale$899,000$863/sqft
    Source: Listhub #200839008 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,984 +2125.3%$707,407 +2222.8%
    2024$449 -43.5%$30,455 -43.7%
    2023$794 -93.5%$54,070 -93.6%
    2022$12,173 +11.1%$846,102 +10%
    2021$10,953 +6.5%$769,184 +7.9%
    2020$10,289 +3.2%$713,023 +4%
    2019$9,972 $685,568 -0.1%
    2018$9,972 -1.9%$686,375 +10.7%
    2017$10,163 +7.8%$620,160 +10.4%
    2016$9,431 +8.4%$561,820 +6.1%
    2015$8,700 +4.8%$529,400 +9.1%
    2014$8,299 +8.4%$485,100 +14%
    2013$7,655 +5.4%$425,600 -4%
    2012$7,261 -26.7%$443,400 -32.3%
    2011$9,912 +17.6%$655,100 +32.5%
    2010$8,429 +3.9%$494,500 +0.4%
    2009$8,110 -7%$492,460 -11.6%
    2008$8,722 -18.4%$557,000 -18.1%
    2007$10,693 -0.8%$680,000 +4.6%
    2006$10,781 -13%$650,000 -2.3%
    2004$12,388 +41%$665,000 +41.5%
    2003$8,784 -0.9%$470,000 +1.1%
    2002$8,869 $465,000 +22.4%
    2000-- $380,000
    Find assessor info on the county website

    Neighborhood: 33957

    Nearby schools

    GreatSchools rating
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    $826,300
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    With Zillow Showcase(estimated)
    $842,826