$465,000
1 Bed Condominium for Sale in Sanibel
1501 Middle Gulf Drive 305F, Sanibel, FL, 33957
About this home
Bright, beautifully furnished one-bedroom unit with lawn and garden views—just steps from the beach. This unit consistently delivers strong rental income benefiting from Sundial’s resort amenities, including, tennis, pickleball, conventions, weddings, and year-round vacation demand. A turnkey opportunity ideal for both immediate income and long-term investment.
Property details
- Type
- Condominium
- Year built
- 1975
- Interior
- 728 sqft
- Lot size
- 5,327.388 sqft
- Acreage
- 0.12 acres
- Garage
- None
- Days on market
- 42
- Total association fees
- $13,768/yr (~$1,147/mo)
- CDD
- None
- Est. taxes (1.4%)
- $6,510/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- East
- 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
Based on the $/sqft of 6 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1501 Middle Gulf Drive 102I | Sep 2025 | $470,000 | 1/1 | 778 | $604 |
| 1501 Middle Gulf Drive I-101 | Nov 2025 | $365,000 | 1/1 | 778 | $469 |
| 1501 Middle Gulf Drive 306G | Jul 2026 | $565,000 | 1/1 | 728 | $776 |
| 832 Donax Street A1 | Mar 2026 | $550,000 | 2/2 | 875 | $629 |
| 832 Donax Street A2 | Oct 2025 | $560,000 | 2/2 | 875 | $640 |
| 1220 Junonia Street B1 | Jan 2026 | $529,000 | 1/1 | 820 | $645 |
| Average | 6 comps | $506,500 | $627 |
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 $35,000 (7.5%) from the original list price.
| Feb 18, 2026 | Sold | $430,000 |
| Nov 15, 2025 | Listed | $465,000 |
The good, the trade-offs & the location
- Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$13,768/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.