1501 Middle Gulf Dr B401, Sanibel FL 33957

MLS ®: 224025545

1 beds • 1 baths • 706 sqFt

$850,000

Reduced from $885,000 on 2024-07-02
Estimated Mortgage $3,577/mo
Days Listed: 253 • Video
           

Property Description

1501 Middle Gulf Dr B401, Sanibel, 33957

Sundial Beach Resort sits on the sandy white beaches of Sanibel Island, Florida. This direct gulf sunset view, 4th floor, end unit, with washer and dryer, right next to the pool is the largest A-1 unit type condo floorpan available at Sundial West. Sanibel Island is famous for shelling, and world class beaches.With over $100,000 in rental income potential, this condo is not only a dream vacation spot but also an incredibly smart investment opportunity. Building B will be released to owners on October 1st, 2024 as a white box for owners interior repairs from the damage caused from Ian. The owners selections have been made and this is going to be a stunning unit when finished. Don't miss your chance to own a piece of Sanibel's favorite place to stay. With its prime location, stunning views, and 1 day rental opportunity creating the best potential for rental income on the island, this condo is truly a one-of-a-kind opportunity. Come experience the magic of Sanibel Island and make this condo your own slice of paradise today!

General Details

1501 Middle Gulf DR B401, Sanibel FL 33957
  • Year Built: 1974
  • Baths Full: 1
  • Bedrooms: 1
  • MLS Number: 224025545
  • Amenities: Restaurant, Shopping, Shuffleboard, Sidewalk
  • City: Sanibel
  • County: Lee
  • Ownership Description: Condo
  • Property Type: Residential

Interior Details

1501 Middle Gulf DR B401, Sanibel FL 33957
  • Additional Rooms: Balcony, Den - Study
  • Equipment: Dishwasher, Dryer, Range, Washer
  • Flooring: Tile
  • Interior Features: Bar
  • Master Bath Description: Bidet, Remarks

Property Fees

1501 Middle Gulf DR B401, Sanibel FL 33957
 Taxes (Tax Year 2023)$794
 Amenity Rec Fee $0
 Condo Fee $2,627
 Land Lease Fee $0
 Mandatory Club Fee $0
 Special Assessment $0
 Master HOA Fee $0
 HOA Fee $0
 Application Fee$150
 Transfer Fee$0
 Total Annual Recurring Fees$10,508

Building Details

1501 Middle Gulf DR B401, Sanibel FL 33957
  • Building Number: B
  • Cable Available: 1
  • Garage Spaces: 0.00
  • Construction: Elevated
  • Bedrooms: 1 Bed
  • Dining Description: Breakfast Room, Formal, None
  • Elevator: Common
  • Exterior Features: Storage
  • Exterior Finish: Stucco
  • Furnished Description: Furnished, Unfurnished
  • Heat: Electric
  • Sub Condo Name: Sundial Of Sanibel
  • Total Area: 706
  • Total Floors: 4
  • Unit Number: B401
  • Units in Building: 20
  • Units in Complex: 266

Other Details

1501 Middle Gulf DR B401, Sanibel FL 33957
  • Association Mngmt Phone: 239-472-2443
  • Block: 2102
  • DOM: 107
  • Approx Living Area (sqft): 706
  • Legal Description: SUNDIAL PHASE 1 CONDO BLDG 2 OR 913 PG 792 APT 401(B-401)
  • Legal Unit: 1
  • Legal Unit: 1
  • Num Unit Floor: 4
  • Parcel Number: 30-46-23-T4-02102.4010
  • Pets Limit (Other): only owners can have pets
  • Approval: Buyer
  • Boat Access: None
  • Canal Width: None
  • Irrigation: Central
  • Last Change Type: Active, Extended, Pending, Sold
  • Maintenance: Insurance, Manager, Reserve, Sewer, Water
  • Management: Condo
  • Parking: Common
  • Pets: Limits
  • Restrictions: None
  • Sewer: Central
  • Special Information: Disclosures, Tenant Approval
  • Subdivision Number: T4
  • Township: 46
  • View: Gulf
  • Water: Central
  • Waterfront: 1
  • CDOM: 107

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Listing courtesy of
John R. Wood Properties

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