2 Bed Waterfront Home for Sale in Sanibel
1 / 41
▶ View Virtual Tour
For SaleMLS# 2026018534

$699,000

2 Bed Waterfront Home for Sale in Sanibel

1340 Middle Gulf Drive 8A, Sanibel, FL, 33957

2 beds2 baths1,680 sqft1 garage
Beach AccessCommunity PoolWaterfront

About this home

Welcome to your slice of coastal paradise! Enjoy stunning views of the Sanibel Slough from this beautifully updated condo, just a shortwalk from the Gulf beach. This home features a private elevator, a personal garage, and lots of storage. The convenience of in-unitlaundry and a relaxing porch accessible from both roomy bedrooms enhance the generous 1,900 square feet of living space, giving thiscondo the warmth and comfort of a true home. The Sunset South community is ideal for monthly rentals, making it a great option forboth investors and vacationers. Community amenities include beach access with a handy rinse-off station, a heated pool, sun patio, anda clubhouse with a full kitchen. You'll also love being close to the Sanibel Island Golf Club and the charming shops and eateries ofPeriwinkle Way. This condo is thoughtfully designed with hurricane-resistant sliders, front shutters, a sturdy steel roof, and recentupgrades like a new HVAC system following Hurricane Ian. Fortunately, the condo sustained no water damage during the hurricane, withimportant repairs covered by HOA flood insurance. Storage areas have been updated with strong, durable materials. Whether you'reseeking a smart investment or a peaceful getaway, this condo promises comfort and security. Embrace the peace and luxury of thiscoastal retreat.

Property details

Type
Condominium
Year built
1975
Interior
1,680 sqft
Lot size
3,105.828 sqft
Acreage
0.07 acres
Garage
1 car
Days on market
2
Total association fees
$21,996/yr (~$1,833/mo)
CDD
None
Est. taxes (1.4%)
$9,786/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
Northeast
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesTrashWater

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

Amenities

BeachRightsBeachAccessPool
Above marketThis home is priced above comparable recent sales.
This home
$416/sqft
Comp median
$374/sqft
Difference
+11%

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
1390 Middle Gulf Drive EFeb 2026$625,0003/31,680$372
1242 Par View DriveJun 2026$700,0003/21,864$376
1284 Par View DriveSep 2025$630,0002/21,536$410
1585 Bunting LaneNov 2025$600,0003/21,725$348
Average4 comps$638,750$377

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.

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
  • Higher association fees (~$21,996/yr)
Location convenienceModerate
Hospital
11.6 mi
HealthPark Medical Center
Beach
3.8 mi
Sanibel Island
Airport
15.5 mi
Page Field (Fort Myers)
Shopping
13.8 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.