1401 Middle Gulf Dr L404, Sanibel FL 33957

MLS ®: 223079132

2 beds • 2 baths • 1451 sqFt

$1,750,000

Reduced from $1,850,000 on 2024-04-26
Estimated Mortgage $7,365/mo
Days Listed: 356 • Video
           

Property Description

1401 Middle Gulf Dr L404, Sanibel, 33957

With spectacular direct Gulf views, this top floor corner unit is ideally located overlooking the pool and the beach. The unit has been fully mitigated since the storm and has passed full indoor air quality testing. The seller has hired a contractor to complete a renovation that will include white shaker style cabinets and vanities, quartz countertops, stainless steel appliances, white subway tile backsplash, fresh neutral paint, and new carpeting in the bedrooms. New living and dining room furniture has been ordered. There is still time for a buyer to make design choices. Act now! In-unit laundry and an assigned under building parking spot add great convenience. Owners are now able to occupy their condos at Sundial East. As soon as the renovations are complete, L404 will be ready to enjoy! This building is close to Sundial's main amenity complex offering convenient access to restaurants, shops, and recreation. L404 grossed $84K in 2022 with only 9 months of available rental and two prime weeks of owner use. For investment or personal use, this is a fabulous opportunity.

General Details

1401 Middle Gulf DR L404, Sanibel FL 33957
  • Year Built: 1981
  • Baths Full: 2
  • Bedrooms: 2
  • MLS Number: 223079132
  • Amenities: Restaurant
  • City: Sanibel
  • County: Lee
  • Ownership Description: Condo
  • Property Type: Residential

Interior Details

1401 Middle Gulf DR L404, Sanibel FL 33957
  • Additional Rooms: Den - Study
  • Flooring: Tile
  • Master Bath Description: Remarks

Property Fees

1401 Middle Gulf DR L404, Sanibel FL 33957
 Taxes (Tax Year 2022)$18,113
 Amenity Rec Fee $0
 Condo Fee $4,250
 Land Lease Fee $0
 Mandatory Club Fee $0
 Special Assessment $0
 Master HOA Fee $0
 HOA Fee $0
 Application Fee$0
 Transfer Fee$150
 Total Annual Recurring Fees$17,000

Building Details

1401 Middle Gulf DR L404, Sanibel FL 33957
  • Cable Available: 1
  • Garage Spaces: 1.00
  • Bedrooms: 2 Bed
  • Building Description: Corner
  • Dining Description: Breakfast Room, Formal, None
  • Elevator: Common
  • Exterior Features: Pond
  • Exterior Finish: Stucco
  • Furnished Description: Furnished
  • Garage Description: Attached
  • Heat: Electric
  • Sub Condo Name: Sundial Of Sanibel
  • Total Area: 1795
  • Total Floors: 4
  • Unit Number: L404
  • Units in Building: 36
  • Units in Complex: 141
  • Windows: Sliding

Other Details

1401 Middle Gulf DR L404, Sanibel FL 33957
  • Lot size (acres): 0.2159
  • Association Mngmt Phone: 239-472-0062
  • Block: 3012
  • DOM: 179
  • Approx Living Area (sqft): 1451
  • Legal Description: SUNDIAL OF SANIBEL PH 6 BLDG 12 OR 1496 PG 48 UNIT 404
  • Num Unit Floor: 4
  • Parcel Number: 30-46-23-T4-03012.4040
  • Pets Limit (Other): Owner Only
  • Boat Access: None
  • Canal Width: None
  • Irrigation: Reclaimed
  • Last Change Type: Active, Change In Bonus Amount, Change In Buyer Agent Comp, Extended, Terminated
  • Maintenance: Insurance, Manager, Sewer, Water
  • Pets: Limits
  • Sewer: Central
  • Subdivision Number: T4
  • Township: 46
  • View: Gulf
  • Water: Central
  • Waterfront: 1
  • CDOM: 180

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Listing courtesy of
Pfeifer Realty Group LLC

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