Waterfront - No HOA Fees
Address
1501 Middle Gulf Drive # A208, Sanibel, FL
Price
$ 995,000
Property Attributes
  • MLS#224019035
  • TypeCondos
  • CountyLEE
  • CitySanibel
  • AreaSI01 - Sanibel Island
  • NeighborhoodSUNDIAL OF SANIBEL
  • Zip33957
  • StyleGardenHome, LowRise
  • Year Built1974
  • Taxes$ 762
  • Price$ 995,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1042
  • Lot Size0.15 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

Directly on the Gulf of Mexico! The views are absolutely phenomenal from this second floor 2 bedroom, 2 bath condo in the A building. This condo has enjoyed wonderful rental income through an outside rental agency. 2021 income = 98,215 and 2022 thru September was $95,331.00. Income would have easily exceeded 100k in 2022. This unit is covered by association insurance for all walls and exterior doors and windows. The Association insurance is also covering anything that was located within the bottom 4 feet of the condo. Owner is responsible for upper cabinetry, appliances located above the 4 feet, and for painting. Claremont can finish the lower 48 inches of the condo at no expense to a new buyer or the new buyer can opt for a payout from the Association. Interior finish selections are on display at the Sundial Resort for a new buyer to choose from. This unit should remain one of the top grossing units once finished and the Gulf of Mexico views will remain spectacular!

Price History
3/11/2024 Listed $995,000

General Features

Interior Features BreakfastBar,LivingDiningRoom,ShowerOnly,SeparateShower,HighSpeedInternet
Sewer PublicSewer
Heating Central,Electric
Cooling CentralAir,Electric
Utilities CableAvailable,HighSpeedInternetAvailable
Possession CloseOfEscrow
Roof BuiltUp,Flat
Exterior Features SecurityHighImpactDoors,OutdoorGrill
HOA 0.0
Garage Spaces 0.0
Association Fee Includes AssociationManagement,CableTV,Insurance,IrrigationWater,MaintenanceGrounds,PestControl,ReserveFund,Sewer,Trash,Water
Patio/Porch Features Lanai,Porch,Screened
Architectural Style GardenHome,LowRise
Pool Features Community
Construction Materials Block,Concrete,Stucco
Pets Allowed Call,Conditional
Year Built 1974
View Gulf
Unit Number A208
Property SubType Condominium
Tax Year 2023
Percent Ownership Condo
Waterfront Features BeachFront,Gulf
Community Features CondoHotelCommunity,Elevator,NearHotelMotel
County Lee
New Construction No
Property Type Residential
Association Amenities BeachRights,BeachAccess,Clubhouse,Laundry,Pickleball,Pool,Restaurant,ShuffleboardCourt,Storage,TennisCourts
HOA / Comm Assn No
Attached Garage No
Subdivision Name SUNDIAL OF SANIBEL
Facing Direction North
Garage Y/N No
Status Active
Directions Right onto Periwinkle at 4-way stop. Left on Donax. Right on East Gulf. Follow road to Middle Gulf Drive. Entrance to Sundial West is to the West of the main restaurant/lobby entrance. Stay to the ri
City SANIBEL
Disclosures CoastalZone,DeedRestriction,RVRestrictions
Land Lease Amount 0.0
View Y/N Yes
Senior Community Y/N No
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Waterfront Y/N Yes
Carport Spaces 0.0
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 762.3
Home Warranty Y/N No
Property Condition Resale
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 100
Structure Type LowRise
Standard Status Active
Tax Lot 203
Property Sub Type Additional Condominium
MobileHomeRemainsYN No
PostalCity SANIBEL
Legal Description SUNDIAL PHASE 1 CONDO BLDG 1 OR 913 PG 792 APT 205(A-207/8)
Adult Family Homes Condominium
Condo Fee 3519.0

Interior Features

Flooring Other
Furnished Y/N Unfurnished
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features SingleHung,Sliding,ImpactGlass
Fireplace Y/N No
Full Baths 2
Laundry Features CommonArea,Inside
Total Bedrooms 2
Entry Level 2
Electric On Property Y/N No
Room Type Bathroom,GuestQuarters,ScreenedPorch,GreatRoom
LivingAreaSource Plans
Total Baths 2

Exterior Features

Parking Features Common,Underground,Paved
Lot Features Other
Water Source Public
Lot Size Area 0.15
Horses No
Spa No
Irrigation/Water Rights No
Building Area Total 1150.0
Lot Size Acres 0.15
Road Surface Type Paved
Lot Size Source Appraiser
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
LotDimensionsSource Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 33957

Price
AVG $1.09M
$1,000K
Taxes
AVG $5,724
$762
Visits
AVG 263
283
Data Provided by Inside Real Estate®
Year Built
AVG 1978
1974

Areas We Cover