$1,295,000
3 Bed Waterfront Home for Sale in Sanibel
1401 Middle Gulf Drive 204T, Sanibel, FL, 33957
About this home
Experience luxury coastal living at its finest in this three bedroom, two bath residence at Sundial Beach Resort. Offering more than 2,100 square feet and sweeping Gulf views, this second-floor condo blends generous space with effortless island style and is being sold fully furnished for a true turnkey experience. A private spiral staircase from the lanai provides direct access to the pool, beach, and your private cabana with additional storage. Inside, tile anchors the main living areas while plush carpeting defines the bedrooms. The high-end kitchen features white cabinetry, a breakfast bar, and premium appliances including a Thermador induction cooktop and oven, KitchenAid warming drawer, and Sub-Zero refrigerator with dual freezer drawers. The open concept living and dining area extends naturally to the expansive lanai where the Gulf becomes part of your everyday backdrop. Coastal tones and curated décor create a calm, welcoming atmosphere. The primary suite is positioned to maximize views and includes lanai access along with an ensuite bath featuring a large walk-in shower. Two additional bedrooms provide flexible space for guests or remote work. Practical touches include a stacked washer and dryer and an oversized outdoor storage closet ideal for beach gear, bikes, and more. Resort amenities elevate the lifestyle with multiple pools, tennis, pickle ball, volleyball, onsite kayaks and paddleboards, and a full-service spa. If you are seeking a turnkey island retreat or a strong income producing property within one of Sanibel’s premier Gulf front communities, this residence delivers. Schedule your private showing today.
Property details
- Type
- Condominium
- Year built
- 1980
- Interior
- 1,451 sqft
- Lot size
- 15,019.488 sqft
- Acreage
- 0.34 acres
- Garage
- None
- Days on market
- 175
- Total association fees
- $23,200/yr (~$1,933/mo)
- CDD
- None
- Est. taxes (1.4%)
- $18,130/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- Southwest
- 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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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 L402 | Nov 2025 | $1,055,000 | 3/2 | 1,519 | $695 |
| 1401 Middle Gulf Drive O206 | Apr 2026 | $1,275,000 | 2/2 | 1,531 | $833 |
| 1401 Middle Gulf Drive T304 | Dec 2025 | $1,050,000 | 3/2 | 1,519 | $691 |
| 1401 Middle Gulf Drive 301N | Dec 2025 | $1,075,000 | 2/2 | 1,451 | $741 |
| Average | 4 comps | $1,113,750 | $740 |
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 $285,000 (19.2%) from the original list price.
| Jul 24, 2026 | Sold | $1,200,000 |
| Apr 6, 2026 | Price reducedfrom $1,395,000 | $1,295,000 |
| Dec 10, 2025 | Listed | $1,485,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- Built 1980 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$23,200/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.