1501 Middle Gulf Drive # A208, Sanibel, FL, 33957

Waterfront - No HOA Fees

Address

1501 Middle Gulf Drive # A208, Sanibel, FL

Listing Type

Condos

Price

$ 995,000

Property Attributes

MLS#224019035
TypeCondos
CountyLEE
CitySanibel
AreaSI01 - Sanibel Island
NeighborhoodSundial Of Sanibel
Zip33957
StyleGarden Home,Low Rise
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	Breakfast Bar,Living/Dining Room,Shower Only,Separate Shower,High Speed Internet
Sewer	Public Sewer
Heating	Central,Electric
Cooling	Central Air,Electric
Possession	Close Of Escrow
Roof	Built-Up,Flat
Exterior Features	Security/High Impact Doors,Outdoor Grill
Association Fee Includes	Association Management,Cable TV,Insurance,Irrigation Water,Maintenance Grounds,Pest Control,Reserve Fund,Sewer,Trash,Water
Patio/Porch Features	Lanai,Porch,Screened
Architectural Style	Garden Home,Low Rise
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	Beach Front,Gulf
Community Features	Condo Hotel Community,Elevator,Near Hotel/Motel
County	Lee
Property Type	Residential
Association Amenities	Beach Rights,Beach Access,Clubhouse,Laundry,Pickleball,Pool,Restaurant,Shuffleboard Court,Storage,Tennis Court(s)
Subdivision Name	SUNDIAL OF SANIBEL
Facing Direction	North
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	Coastal Zone,Deed Restriction,RV Restriction(s)
View Y/N	Yes
MLS Area	SI01 - Sanibel Island
Lot Size Units	Acres
Waterfront Y/N	Yes
Tax Annual Amount	762.3
Property Condition	Resale
Structure Type	Low Rise
Standard Status	Active
Tax Lot	203
Property Sub Type Additional	Condominium
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

Interior Features

Flooring	Other
Furnished Y/N	Unfurnished
Total Stories	1
Air Conditioning Y/N	Yes
Heating Y/N	Yes
Window Features	Single Hung,Sliding,Impact Glass
Full Baths	2
Laundry Features	Common Area,Inside
Total Bedrooms	2
Entry Level	2
Room Type	Bathroom,Guest Quarters,Screened Porch,Great Room
LivingAreaSource	Plans
Total Baths	2

Exterior Features

Parking Features	Common,Underground,Paved
Lot Features	Other
Water Source	Public
Lot Size Area	0.15
Building Area Total	1150
Lot Size Acres	0.15
Road Surface Type	Paved
Lot Size Source	Appraiser
LotDimensionsSource	Appraiser