$1,075,000
3 Bed 2 Bath Waterfront Condominium for Sale in SUNDIAL OF SANIBEL, FL
1401 Middle Gulf Drive L402, Sanibel, FL, 33957
About this home
This lovely top floor condo is beautifully updated and is well appointed with coastal decor, making it a perfect island vacation destination. Ideally located in the building closest to the main amenities of the fabulous Sundial Resort, it is perfect for enjoying the resort's vibrant atmosphere and luxurious amenities but separate for quiet evenings and restful stays. With three bedrooms that include two king beds and two full beds, there is room for all of your guests. New in-unit washer and dryer and the assigned under building parking and private exterior storage closet offer excellent convenience. New carpet in bedrooms. The spacious screened lanai creates added living space overlooking the Gulf of Mexico and beautifully landscaped courtyard pond and gardens. All windows and sliders are impact-rated. With a dedicated pool and beach boardwalk, the building is a vacation destination all to itself! On-site restaurants and market offer great convenience and contribute to the incredible resort experience. As part of the Sundial rental program, owners and their guests and renters have access to the extensive Sundial Resort amenities that include pool, spa, cabanas, beach chairs, fitness center, tennis, pickle ball and more! At Sundial L402, an amazing Sanibel vacation is yours to enjoy today!
Property details
- Type
- Condominium
- Year built
- 1981
- Interior
- 1,519 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 6
- Total association fees
- $23,600/yr (~$1,967/mo)
- CDD
- None
- Est. taxes (1.4%)
- $15,050/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- Southeast
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 6 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 T304 | Dec 2025 | $1,050,000 | 3/2 | 1,519 | $691 |
| 1401 Middle Gulf Drive O206 | Apr 2026 | $1,275,000 | 2/2 | 1,531 | $833 |
| 1401 Middle Gulf Drive 301N | Dec 2025 | $1,075,000 | 2/2 | 1,451 | $741 |
| 1401 Middle Gulf Drive 302L | Feb 2026 | $900,000 | 2/2 | 1,451 | $620 |
| 1341 Middle Gulf Drive 4C | Feb 2026 | $850,000 | 2/2 | 1,400 | $607 |
| 1283 Par View Drive | Feb 2026 | $850,000 | 2/2 | 1,401 | $607 |
| Average | 6 comps | $1,000,000 | $683 |
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 $20,000 (1.9%) from the original list price.
| Nov 25, 2025 | Sold | $1,055,000 |
| Oct 8, 2025 | Listed | $1,075,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1981 — pre-2002 construction may carry older wind codes and higher insurance
- Higher association fees (~$23,600/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.