$1,375,000
3 Bed 4 Bath Pool Waterfront SingleFamilyResidence for Sale in METES AND BOUNDS, FL
1508 Middle Gulf Drive, Sanibel, FL, 33957
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
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 |
|---|---|---|---|---|---|
| 1564 Middle Gulf Drive | Mar 2026 | $1,075,000 | 3/2 | 2,344 | $459 |
| 811 Birdie View Point | Mar 2026 | $1,400,000 | 3/2 | 2,544 | $550 |
| 734 Sand Dollar Drive | Mar 2026 | $1,520,000 | 3/3 | 2,340 | $650 |
| 1433 Sanderling Circle | Jul 2026 | $1,135,000 | 4/3 | 2,577 | $440 |
| Average | 4 comps | $1,282,500 | $525 |
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 $310,000 (20.7%) from the original list price.
| Jun 4, 2026 | Sold | $1,185,000 |
| Feb 10, 2026 | Price reducedfrom $1,495,000 | $1,375,000 |
| Dec 10, 2025 | Listed | $1,495,000 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
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.