$719,900
2 Bed 2 Bath Waterfront Condominium for Sale in SUNDIAL OF SANIBEL, FL
1501 Middle Gulf Drive 402H, Sanibel, FL, 33957
About this home
-PRICE REDUCTION! MAKE AN OFFER! Don't miss this opportunity! Top-floor, corner location this 2BR/2BA offers direct Gulf views over gardens and the community pool! Enjoy an open kitchen with white cabinetry, granite countertops, and front-load washer & dryer. This unit is ready for your personal touch—updates and repairs needed include new sliders, patio tile, drywall & ceiling repairs, painting, and a guest bathroom remodel. A fantastic opportunity to design your own coastal retreat! Optional participation in the Sundial Resort rental program provides full access to premier amenities: restaurants, tennis, pickleball, main pool, hot tub, volleyball, beach chairs/umbrellas, bikes, kayaks, the best pool bar on the beach and more. Ideal for investment or a family beach getaway—create memories that last a lifetime!
Property details
- Type
- Condominium
- Year built
- 1975
- Interior
- 966 sqft
- Lot size
- 6,960.888 sqft
- Acreage
- 0.16 acres
- Garage
- None
- Days on market
- 72
- Total association fees
- $18,440/yr (~$1,537/mo)
- CDD
- None
- Est. taxes (1.4%)
- $10,079/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- 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 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 104J | Apr 2026 | $685,000 | 2/2 | 1,042 | $657 |
| 1341 Middle Gulf Drive 12C | May 2026 | $745,000 | 2/2 | 1,150 | $648 |
| 1246 Fulgur Street 207 | Feb 2026 | $650,000 | 2/2 | 1,030 | $631 |
| 610 Donax Street 113 | Jul 2026 | $800,000 | 2/2 | 1,000 | $800 |
| 773 Cardium Street | Dec 2025 | $750,000 | 2/2 | 826 | $908 |
| 2230 Camino Del Mar Drive 4A2 | Jun 2026 | $780,000 | 2/2 | 930 | $839 |
| Average | 6 comps | $735,000 | $747 |
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 $6,637,500 (91.6%) from the original list price.
| Aug 27, 2025 | Sold | $612,500 |
| Jun 18, 2025 | Price reducedfrom $725,000 | $719,900 |
| May 20, 2025 | Listed | $7,250,000 |
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 (~$18,440/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.