3 Bed 4 Bath Pool Waterfront SingleFamilyResidence for Sale in METES AND BOUNDS, FL
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SoldMLS# 2025023717

$1,375,000

3 Bed 4 Bath Pool Waterfront SingleFamilyResidence for Sale in METES AND BOUNDS, FL

1508 Middle Gulf Drive, Sanibel, FL, 33957

3 beds4 baths2,522 sqft2 garage
GatedBeach AccessWaterfront

About this home

The one that checks all the boxes! Welcome to 1508 Middle Gulf Dr, an elevated 3 Bedroom + Den & 4 (full) bath coastal-chic island home perfectly set along the wildlife-rich Sanibel River and just steps from the shell-laden shores of the Gulf—Sanibel living at its best in a prime central location! Step inside to soaring ceilings and large windows that fill the open concept living area with natural light and sweeping views. The updated kitchen seamlessly flows into the living and dining spaces providing form and function, and recessed sliders open to a large wraparound lanai, blending indoors and out and creating a postcard worthy setting for sunsets and entertaining. Fresh finishes and bright interiors maintain the home’s classic Sanibel charm while offering a clean, modern feel. The flexible layout and desirable split floorplan adapts to your lifestyle—set up a remote workspace with river and golf course views, welcome friends and family to paradise comfortably, or just settle into the relaxed rhythm of island life with plenty of space to stretch your legs and recharge your batteries after a successful sunrise shelling expedition. A new roof, impact windows, and Hardie board siding bring added peace of mind, while the enclosed lower level provides space for storage, hobbies, or expanded outdoor living. Step outside and enjoy the huge heated pool with a two-story screen enclosure, set within a professionally landscaped yard designed for privacy and year-round enjoyment. With private deeded beach access and vehicle parking, scenic water views, close proximity to the islands best shopping and dining, resort amenities across the street, easy access to the Sanibel Causeway, and the island’s famed shared-use path right out front, this home truly delivers the full package—an inviting beach retreat, a strong rental contender, or a comfortable full-time residence.

Property details

Type
SingleFamilyResidence
Year built
1988
Interior
2,522 sqft
Lot size
18,077.4 sqft
Acreage
0.41 acres
Garage
2 car
Days on market
131
Total association fees
None
CDD
None
Est. taxes (1.4%)
$19,250/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
Yes
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Lee

Maintenance included in the fee

Other

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

Amenities

BeachRightsBeachAccess
Above marketThis home is priced above comparable recent sales.
This home
$545/sqft
Comp median
$505/sqft
Difference
+8%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
1564 Middle Gulf DriveMar 2026$1,075,0003/22,344$459
811 Birdie View PointMar 2026$1,400,0003/22,544$550
734 Sand Dollar DriveMar 2026$1,520,0003/32,340$650
1433 Sanderling CircleJul 2026$1,135,0004/32,577$440
Average4 comps$1,282,500$525

Market trends — Sanibel

Median list
$950,000
Median $/sqft
$613
Median sold (90d)
$970,000
Avg days on market
167
Active listings
278
Median sold price · Sanibel
$972,500last 3 months3.9% vs $936,250 prior 3 months
Median closed price by month · Sanibel
10.7% MoM88.7% YoY
$458k$879k$1.3MJul ’25Jul ’26
$863,500Jul ’26 · 12 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.

Price & status history

Down $310,000 (20.7%) from the original list price.

Jun 4, 2026Sold$1,185,000
Feb 10, 2026Price reducedfrom $1,495,000$1,375,000
Dec 10, 2025Listed$1,495,000

The good, the trade-offs & the location

Pros
  • Private pool
  • Waterfront
  • Storm protection: Impact Windows/Doors
  • 2-car garage
Consider
  • Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceModerate
Hospital
12.1 mi
HealthPark Medical Center
Beach
3.5 mi
Sanibel Island
Airport
16 mi
Page Field (Fort Myers)
Shopping
14.2 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.