$499,000
2 Bed Waterfront Home for Sale in Sanibel
1610 Middle Gulf Drive E-4, Sanibel, FL, 33957
About this home
Enjoy breathtaking views and easy beach access with this charming 2BR/2BA condo in the sought-after Spanish Cay complex. Perfectly positioned on the second-floor corner, this condo offers an abundance of natural light and sweeping views from every angle of the living area. Step into the enclosed lanai from the kitchen and living room to enjoy stunning vistas of the Sanibel Golf Course and the Sanibel River. Just a short stroll across the street, the deeded beach access invites you to enjoy Sanibel’s pristine shoreline or hop on your bike to explore nearby shops and restaurants. Additional features include an in-unit washer and dryer, a community swimming pool, and a fishing pier. Offered turn-key and ready for immediate occupancy, this condo is your chance to own a slice of Sanibel Island paradise!
Property details
- Type
- Condominium
- Year built
- 1975
- Interior
- 1,200 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 252
- Total association fees
- $16,012/yr (~$1,334/mo)
- CDD
- None
- Est. taxes (1.4%)
- $6,986/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- Yes
- 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 5 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 |
|---|---|---|---|---|---|
| 1440 Middle Gulf Drive 2E | Mar 2026 | $465,000 | 2/2 | 1,300 | $358 |
| 531 Birdsong Place | Dec 2025 | $513,000 | 3/2 | 1,247 | $411 |
| 1246 Fulgur Street 105 | Mar 2026 | $535,000 | 2/2 | 1,100 | $486 |
| 629 Nerita Street A | Aug 2026 | $525,000 | 2/2 | 1,079 | $487 |
| 9455 Beverly Lane | Dec 2025 | $545,000 | 2/2 | 1,344 | $406 |
| Average | 5 comps | $516,600 | $430 |
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 $96,000 (16.1%) from the original list price.
| Jul 13, 2026 | Price reducedfrom $595,000 | $499,000 |
| Nov 3, 2025 | Listed | $595,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$16,012/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.