2 Bed Waterfront Home for Sale in Sanibel
1 / 42
▶ View Virtual Tour
ExpiredMLS# 2026010333

$850,000

2 Bed Waterfront Home for Sale in Sanibel

1919 Olde Middle Gulf Drive 401, Sanibel, FL, 33957

2 beds2 baths1,160 sqft1 garage
GatedTennisBeach AccessCommunity PoolBoatingWaterfront

About this home

Newly remodeled and all new furnishings! This bright and spacious corner unit is located on the first ELEVATED floor at Sandpiper Beach, a quiet 27-unit beachfront community. With two bedrooms and two bathrooms, the apartment offers a comfortable blend of relaxation and convenience. Start your mornings with a cup of coffee on the balcony while enjoying peaceful views of the beach, pool, and surrounding greenery. Whether you prefer dining outside on the screened porch or indoors, the layout makes everyday living easy and enjoyable. The kitchen is well equipped and includes bar seating, creating a welcoming space for cooking and spending time with family or friends. A stackable washer and dryer add extra convenience, especially after a day at the beach. Below the unit, you'll find assigned covered parking and a large exterior storage closet that’s perfect for bicycles, beach chairs, and other gear. Beyond being a relaxing coastal retreat, this property also offers strong investment potential. Its location provides easy access to the scenic biking trails of Sanibel Island, making it ideal for both personal use and rental opportunities. Come see what peaceful coastal living at Sandpiper Beach can look like. Weekly rentals allowed (7-day minimum, up to 52 leases per year) making this property well suited for a Sanibel vacation rental or income-producing beachfront condo.

Property details

Type
Condominium
Year built
1979
Interior
1,160 sqft
Lot size
4,216.608 sqft
Acreage
0.10 acres
Garage
1 car
Days on market
172
Total association fees
$16,200/yr (~$1,350/mo)
CDD
None
Est. taxes (1.4%)
$11,900/yr
Flood zone (area est.)
Not available
Storm protection
None listed
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

AssociationManagementInternetIrrigationWaterLegalAccountingMaintenanceGroundsPestControlSewerStreetLightsTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BeachRightsBeachAccessBikeStorageBarbecuePicnicAreaPoolShuffleboardCourtSeeRemarksStorageTennisCourtsManagement
At marketThis home is priced in line with comparable recent sales.
This home
$733/sqft
Comp median
$718/sqft
Difference
+2%

Based on the $/sqft of 4 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1799 Middle Gulf Drive 105Nov 2025$883,7502/21,224$722
2445 W Gulf Drive 41COct 2025$887,5002/21,243$714
2445 W Gulf Drive 45BApr 2026$910,0002/21,243$732
2445 W Gulf Drive 6BAug 2026$860,0002/21,243$692
Average4 comps$885,313$715

Market trends, Sanibel

Median list
$965,000
Median $/sqft
$607
Median sold (90d)
$881,000
Avg days on market
178
Active listings
242
Median sold price · Sanibel
$881,000last 3 months16.1% vs $1,050,000 prior 3 months
Median closed price by month · Sanibel
4.1% MoM3.3% YoY
$458k$879k$1.3MJul ’25Aug ’26
$885,000Aug ’26 · 23 sales

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 $25,000 (2.9%) from the original list price.

Jul 9, 2026Price reducedfrom $875,000$850,000
Mar 13, 2026Listed$875,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
Consider
  • Built 1979 — pre-2002 construction may carry older wind codes and higher insurance
  • Higher association fees (~$16,200/yr)
Location convenienceModerate
Hospital
12.7 mi
HealthPark Medical Center
Beach
3.1 mi
Sanibel Island
Airport
16.5 mi
Page Field (Fort Myers)
Shopping
14.8 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

Loading map…

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.