2 Bed Waterfront Home for Sale in Sanibel
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For SaleMLS# 2026024373

$855,000

2 Bed Waterfront Home for Sale in Sanibel

1919 Olde Middle Gulf Drive 502, Sanibel, FL, 33957

2 beds2 baths1,120 sqft1 garage
TennisBeach AccessCommunity PoolBoatingWaterfront

About this home

Move-in ready 2 bedroom/2 bath updated Gulf front condo at beautiful Sandpiper Beach. Very nicely remodeled condo with beautiful tile floors throughout, updated kitchen with granite countertops. Brand new impact glass windows and sliding doors. Bathrooms have tiled walk-in showers. Master bedroom has a sizeable walk-in closet. New AC unit, new hot water heater. Building has new roof. Under building designated parking and large storage locker. The complex is tucked away at the end of a dead-end street abutting a nature preserve. Heated community pool, tennis, shuffle board and grills. Gorgeous brand new boardwalk to one of the widest beaches on Sanibel. Offered fully furnished.

Property details

Type
Condominium
Year built
1979
Interior
1,120 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
0
Total association fees
$16,200/yr (~$1,350/mo)
CDD
None
Est. taxes (1.4%)
$11,970/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
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

AssociationManagementCableTvInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsPestControlSewerStreetLightsTrashWater

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

Amenities

BeachRightsBeachAccessBikeStorageBarbecuePicnicAreaPoolShuffleboardCourtStorageTennisCourtsManagement
Below marketThis home is priced below comparable recent sales, a potential value.
This home
$763/sqft
Comp median
$917/sqft
Difference
-17%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1799 Middle Gulf Drive 105Nov 2025$883,7502/21,224$722
2230 Camino Del Mar Drive 3A3Oct 2025$930,0002/2930$1,000
2230 Camino Del Mar Drive 4A2Jun 2026$780,0002/2930$839
2230 Camino Del Mar Drive 1C4Aug 2026$925,0002/2930$995
Average4 comps$879,688$889

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
  • Gulf access (Direct — Gulf frontage)
  • Storm protection: Impact Windows/Doors
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.

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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.