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Sold for $425,000
  • $425,000

    1501 Middle Gulf Dr Unit D309, Sanibel, FL 33957

    1beds
    651sqft
    Condominium
    Built in 1974
    -- sqft lot
    $370,800 Zestimate®
    $653/sqft
    $1,488 Estimated rent

    Home value

    $370,800

    $323,000 - $423,000

    $1,488/mo

    Zestimate® history
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    What's special

    Tile plank flooringBeach accessOpen living-dining areaPrivate bedroomDistinctive floor planSpacious lanaiRecreational programs
    Discover a distinctive floor plan featuring a spacious lanai and an open living-dining area, accompanied by a private bedroom and bathroom. This property offers significant rental income potential within the esteemed Sundial Resort Program. Seize this moment to invest and infuse your personal touches. D309 is currently undergoing a comprehensive renovation, where all components except the tile plank flooring will be removed. The unit will undergo mold remediation and transition into a white box finish, awaiting the new owner's customization at their expense. Various options are available if the new owner chooses to collaborate with the onsite company for completion. The one lanai slider is impact-resistant, ensuring durability and safety. Upon completion, Sundial will provide a resort-like experience with amenities such as a pool, spa, cabanas, beach access, recreational programs, two restaurants, a tiki bar, a pizza parlor, an ice cream shop, and more. Sundial holds the distinction of being voted one of the top pickleball and tennis resorts in the nation. Don't miss out on the opportunity to invest during the rebuilding phase and capitalize on savings!

    Zillow last checked:

    Listing updated:

    Listed by:

    Deborah B Smith 239-826-3416,

    VIP Realty Sanibel and Captiva

    Bought with:

    Kimberly E Powers

    John R. Wood Properties

    Source: Sanibel And Captiva Island AOR,MLS#: 2230470MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: DR/LR Combo
    Primary bathroom
    • Features: Shower Only
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Disposal, Freezer, Microwave, Electric Range, Refrigerator
    Features
    • Elevator
    • Flooring: Tile
    • Windows: Single Hung
    • Has fireplace: No
    Interior area
    • Total structure area: 740
    • Total interior livable area: 651 sqft

    Property

    Parking
    • Parking features: Covered, Under Bldg
    Accessibility
    • Accessibility features: Accessible Common Area, Accessible Elevator Installed, Accessible Stairway
    Features
    • Patio & porch: Screened
    • Pool features: Community
    • Has view: Yes
    • View description: Lawn/Garden
    • Waterfront features: Gulf
    Details
    • Parcel number: 304623T4021043080

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS
    Condition
    • Year built: 1974

    Utilities & green energy

    • Sewer: Assessment Paid, Public Sewer
    • Water: Assessment Paid, Public

    Community & HOA

    Community
    • Security: Other
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry, Recreation Room, Deeded Beach Access, Elevator(s), Fitness Center, Internet, Pickleball, Picnic Area, Pool, Shuffleboard Court, Tennis Court(s), WiFi
    • Services included: Cable TV, Exter Pest Control, Internet, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Security
    • HOA fee: $1,920 quarterly
    • HOA phone: 239-472-2443
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $653/sqft
    • Tax assessed value: $30,455
    • Annual tax amount: $5,685
    • Date on market: 4/8/2023
    • Cumulative days on market: 333 days
    • Listing terms: BTF/Cash
    • Lease term: Daily

    Price history

    DateEventPrice
    3/21/2024Sold$425,000-5.3%$653/sqft
    Source: Sanibel And Captiva Island AOR #2230470 Report a problem
    2/27/2024Pending sale$449,000$690/sqft
    Source: Sanibel And Captiva Island AOR #2230470 Report a problem
    2/11/2024Price change$449,000-10%$690/sqft
    Source: Sanibel And Captiva Island AOR #2230470 Report a problem
    11/13/2023Price change$499,000+14.7%$767/sqft
    Source: Sanibel And Captiva Island AOR #2230470 Report a problem
    5/18/2023Price change$435,000-16.2%$668/sqft
    Source: Sanibel And Captiva Island AOR #2230470 Report a problem
    4/8/2023Listed for sale$519,000+20.7%$797/sqft
    Source: Sanibel And Captiva Island AOR #2230470 Report a problem
    12/16/2020Sold$430,000$661/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 -86%$54,070 -86.3%
    2022$5,685 +11.1%$394,532 +10%
    2021$5,116 +6.6%$358,665 +8.1%
    2020$4,797 +5.3%$331,883 +3.8%
    2019$4,556 $319,770
    2018$4,556 +3.1%$319,770 +15.1%
    2017$4,419 +9.6%$277,780 +20.3%
    2016$4,031 +12.4%$230,933 +4.7%
    2015$3,585 +1.9%$220,600 -0.7%
    2014$3,517 -1.7%$222,200 +8.2%
    2013$3,577 -3.7%$205,400 -9.4%
    2012$3,714 -13.4%$226,600 -12%
    2011$4,287 -5.5%$257,600 -3%
    2010$4,537 +9.1%$265,700 +5.5%
    2009$4,158 -20.6%$251,950 -24.6%
    2008$5,237 -15.8%$334,000 -15.4%
    2007$6,219 -15.8%$395,000 -11.2%
    2006$7,386 +36.5%$445,000 +53.4%
    2004$5,412 -3.6%$290,000 -3.3%
    2003$5,613 +30.5%$300,000 +33.3%
    2002$4,301 $225,000 +30.1%
    2000-- $173,000
    Find assessor info on the county website

    Neighborhood: 33957

    Nearby schools

    GreatSchools rating
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