$899,000
2 Bed Waterfront Home for Sale in Sanibel
1811 Olde Middle Gulf Drive 14, Sanibel, FL, 33957
About this home
Welcome to your island retreat at 1811 Olde Middle Gulf Drive #14 on beautiful Sanibel Island. This charming Signal Inn two story condo combines comfort, convenience, and the relaxed beach lifestyle that defines Sanibel. Featuring two bedrooms and two baths as well as a small den, the residence is thoughtfully designed with an open living and dining area that flows seamlessly to a large wrap-around screened lanai—perfect for morning coffee or evening cocktails. The kitchen offers plenty of space for preparing meals with a large island, granite counters, and stainless steel appliances, while large sliding windows invite in abundant natural light that fill the soaring ceilings. The primary bedroom and bath are on the main floor with the second bedroom, den, and bathroom upstairs. Designated parking is under the building. This condo is part of a well-kept, pet-friendly community with lush tropical landscaping, a sparkling pool and spa, and easy beach access just steps away. Whether you’re searching for a full-time residence, a seasonal getaway, or a fantastic rental investment, this condo provides the perfect blend of island charm and modern comfort. There is an on-site manager and rental office, and tremendous rental income (136K). Ideally located, you’ll enjoy close proximity to Sanibel’s bike paths, shopping, dining, and nature preserves, making it easy to embrace the best of island living. Don’t miss the opportunity to own your piece of paradise at Signal Inn #14—a true Sanibel gem!
Property details
- Type
- Townhouse
- Year built
- 1979
- Interior
- 1,684 sqft
- Lot size
- 6,098.4 sqft
- Acreage
- 0.14 acres
- Garage
- None
- Days on market
- 195
- Total association fees
- $24,317/yr (~$2,026/mo)
- CDD
- None
- Est. taxes (1.4%)
- $12,586/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.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 1605 Middle Gulf Drive 105 | Apr 2026 | $1,078,000 | 2/2 | 1,802 | $598 |
| 1242 Par View Drive | Jun 2026 | $700,000 | 3/2 | 1,864 | $376 |
| 1610 Sabal Sands Road | Dec 2025 | $779,000 | 3/2 | 1,494 | $521 |
| 1401 Middle Gulf Drive L402 | Nov 2025 | $1,055,000 | 3/2 | 1,519 | $695 |
| 1401 Middle Gulf Drive T304 | Dec 2025 | $1,050,000 | 3/2 | 1,519 | $691 |
| 2126 Egret Circle | Oct 2025 | $745,000 | 3/2 | 1,507 | $494 |
| Average | 6 comps | $901,167 | $563 |
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 $26,000 (2.8%) from the original list price.
| Oct 3, 2025 | Price reducedfrom $925,000 | $899,000 |
| Sep 2, 2025 | Listed | $925,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- Built 1979 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$24,317/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.
Similar homes nearby
$780,000
MLS# 20250212212721 W Gulf Drive 212, Sanibel, FL, 33957
$899,000
MLS# 20260253652721 W Gulf Drive 108, Sanibel, FL, 33957
$769,000
MLS# 225025070979 E Gulf Drive D441, Sanibel, FL, 33957
$899,000
MLS# 226009206585 E Gulf Drive A2, Sanibel, FL, 33957
$725,000
MLS# 20260346142498 Sapodilla Lane, St James City, FL, 33956
$799,000
MLS# 2026031556979 E Gulf Drive D433, Sanibel, FL, 33957
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.