$525,000
1 Bed Attached for Sale in Signal Inn Condo
1811 Olde Middle Gulf Drive 10, Sanibel, FL, 33957
About this home
Unit #10 at 1811 Olde Middle Gulf Drive in Sanibel, Florida, is a charming one-bedroom, one-bathroom elevated condominium in a low-density, pet-friendly complex with only 19 units. Built in 1979, this fully furnished unit with a large, screened porch and updated stainless steel appliances provides a comfortable and inviting atmosphere. With just two units in each building, windows on 3 sides maximize the gulf breeze. Its proximity to the pool & fantastic gulf view makes this unit a perfect island getaway and is an excellent investment rental. This condo is situated within the Signal Inn complex, known for its lush tropical landscaping and direct access to a pristine stretch of beach along the Gulf of Mexico. Residents can enjoy designated under-ground parking, a spacious pool and spa, and an on-site rental office. The property allows for weekly rentals, making it a desirable option for personal and investment use. Pet friendly rentals allowed - $60K in rentals!!! Don't miss this coastal island hideaway opportunity!
Property details
- Type
- Attached
- Year built
- 1979
- Interior
- 527 sqft
- Lot size
- 1,616.076 sqft
- Acreage
- 0.04 acres
- Garage
- None
- Days on market
- 539
- Total association fees
- $22,724/yr (~$1,894/mo)
- CDD
- None
- Est. taxes (1.4%)
- $7,350/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Call, Conditional
- County
- Lee
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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Your notes on this home
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Market trends, Sanibel
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $24,000 (4.4%) from the original list price.
| Oct 3, 2025 | Price reducedfrom $549,000 | $525,000 |
| Feb 27, 2025 | Listed | $549,000 |
The good, the trade-offs & the location
- Storm protection: Impact Windows/Doors
- Built 1979 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$22,724/yr)
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.