$575,000
1 Bed Waterfront Home for Sale in Sanibel
1501 Middle Gulf Drive 306G, Sanibel, FL, 33957
About this home
Your Sanibel Island retreat awaits at this charming 1-bedroom, 1-bathroom condo at the prestigious Sundial West Resort. This 728 S.F. unit comfortably sleeps four with a King Size bed along with a queen size sleeper sofa. Enjoy comfortable island living with resort-style amenities and partial ocean view from the comfort of your screened-in balcony. This lovely 3rd-floor unit with tile and vinyl flooring throughout has been repainted and is offered turnkey with a great new furniture package! The open floor plan maximizes living space with a combined living/dining area, sliding glass doors, and a screened lanai, perfect for enjoying Gulf breezes. Ideally situated on Middle Gulf Drive, just steps from Sanibel’s famous shell-covered beaches and close to island shopping, dining, and the Sanibel Island Golf Course. This is an excellent opportunity for a vacation getaway or an investment property with an excellent rental history: $90,159 in 2021 and $86,683 from 1/1/22 - 9/28/22. Don’t miss this chance to own a piece of paradise at one of Sanibel’s most sought-after resort communities!
Property details
- Type
- Condominium
- Year built
- 1975
- Interior
- 728 sqft
- Lot size
- 3,990.096 sqft
- Acreage
- 0.09 acres
- Garage
- None
- Days on market
- 21
- Total association fees
- $15,144/yr (~$1,262/mo)
- CDD
- None
- Est. taxes (1.4%)
- $8,050/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- Southeast
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — Gulf frontage
- 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 3 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 |
|---|---|---|---|---|---|
| 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 | 3 comps | $546,333 | $638 |
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 $10,000 (1.7%) from the original list price.
| Jul 30, 2026 | Sold | $565,000 |
| Jun 8, 2026 | Listed | $575,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$15,144/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.