$850,000
2 Bed Waterfront Home for Sale in Sanibel
1919 Olde Middle Gulf Drive 401, Sanibel, FL, 33957
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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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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 |
|---|---|---|---|---|---|
| 1799 Middle Gulf Drive 105 | Nov 2025 | $883,750 | 2/2 | 1,224 | $722 |
| 2445 W Gulf Drive 41C | Oct 2025 | $887,500 | 2/2 | 1,243 | $714 |
| 2445 W Gulf Drive 45B | Apr 2026 | $910,000 | 2/2 | 1,243 | $732 |
| 2445 W Gulf Drive 6B | Aug 2026 | $860,000 | 2/2 | 1,243 | $692 |
| Average | 4 comps | $885,313 | $715 |
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 $25,000 (2.9%) from the original list price.
| Jul 9, 2026 | Price reducedfrom $875,000 | $850,000 |
| Mar 13, 2026 | Listed | $875,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Built 1979 — pre-2002 construction may carry older wind codes and higher insurance
- Higher association fees (~$16,200/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.