$490,000
1 Bed Waterfront Home Sold in Sanibel
1501 Middle Gulf Drive 208H, Sanibel, FL, 33957
About this home
Experience breathtaking direct Gulf views from this beautifully refreshed second-floor retreat at Sundial Resort. Originally designed as a one-bedroom A1 floor plan, this thoughtfully reconfigured residence now offers a versatile one-bedroom plus den layout, providing the perfect space for guests, a home office, or bonus room. The open-concept kitchen features a breakfast bar overlooking the spacious living and dining areas, where expansive Gulf views take center stage. The primary bedroom offers a king-size bed, two closets, TV, and elegant French-style sliding doors that open to the living area, allowing natural light and stunning water views to flow throughout the home. The den features a transom window and closet and is currently furnished as a second sleeping area with a twin bed, dresser, and nightstand. Step onto the spacious screened lanai and unwind while taking in spectacular sunsets, soothing Gulf breezes, and panoramic beach views. An exterior storage closet provides convenient space for beach chairs, umbrellas, bikes, and all your island essentials. Just steps from the Sundial Resort Reception Building, enjoy access to multiple dining options, a full-service spa and salon, marketplace, bike rentals, and pay-to-play tennis and pickleball. Spend your days strolling the sugar-white sandy beaches collecting world-famous shells, biking to nearby restaurants and shops, or simply relaxing by the Gulf while embracing the laid-back Sanibel lifestyle. Offered turnkey furnished with existing rentals to be honored, this is an exceptional opportunity to own a piece of paradise with outstanding rental potential in one of Sanibel Island's premier beachfront resorts.
Property details
- Type
- Condominium
- Year built
- 1975
- Interior
- 778 sqft
- Lot size
- 6,960.888 sqft
- Acreage
- 0.16 acres
- Garage
- None
- Days on market
- 9
- Total association fees
- $15,144/yr (~$1,262/mo)
- CDD
- None
- Est. taxes (1.4%)
- $6,860/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- Southwest
- 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 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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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 305F | Feb 2026 | $430,000 | 1/1 | 728 | $591 |
| 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 | 5 comps | $507,800 | $622 |
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 $22,500 (4.6%) from the original list price.
| Sep 4, 2026 | Sold | $467,500 |
| Jul 6, 2026 | Listed | $490,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- 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.