$1,430,000
2 Bed Waterfront Home for Sale in Sanibel
1401 Middle Gulf Drive 405R, Sanibel, FL, 33957
About this home
Nestled in the world-renowned Sundial Resort and Spa this 2BR/2BA plus den condo is the perfect island getaway. Captivating tropical views are maximized throughout the inviting open living and dining area and kitchen due to condo location, which is top floor, and one condo back from the gulf. Tastefully furnished in a neutral décor. Dine, relax or watch the sunrise on the screened lanai. Marvel at the fantastic view of the Gulf of Mexico. Steps to private pool and pristine, shell-filled, calm-water beach. Sanibel Island is world famed as a beautiful seaside resort endowed with miles of unspoiled beaches and excellent sailing waters. World-class shelling, fishing, golf, bird watching and natural attractions complement the island lifestyle.
Property details
- Type
- Condominium
- Year built
- 1980
- Interior
- 1,519 sqft
- Lot size
- 12,662.892 sqft
- Acreage
- 0.29 acres
- Garage
- None
- Days on market
- 260
- Total association fees
- $23,200/yr (~$1,933/mo)
- CDD
- None
- Est. taxes (1.4%)
- $20,020/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- West
- 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 |
|---|---|---|---|---|---|
| 1401 Middle Gulf Drive O206 | Apr 2026 | $1,275,000 | 2/2 | 1,531 | $833 |
| 1401 Middle Gulf Drive 204T | Jul 2026 | $1,200,000 | 3/2 | 1,451 | $827 |
| 1401 Middle Gulf Drive 301N | Dec 2025 | $1,075,000 | 2/2 | 1,451 | $741 |
| Average | 3 comps | $1,183,333 | $800 |
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.
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Built 1980 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$23,200/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.