$1,600,000

1401 Middle Gulf Dr Unit L404 Sanibel, FL 33957

$10,000
Closing credit¹
2 beds
2 full
1,519 sqft
0.2 acres
$1,053 / sqft
Condo

Property details

About 1401 Middle Gulf Dr Unit L404

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 installed white shaker style cabinets, tile showers, recessed lighting, fresh neutral paint, and new bedroom carpeting. In-unit laundry and an assigned under building parking spot add great convenience. 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.

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric, Other
Size1,519 sqft
Lot size0.2159 Acres
Year built1981
ParkingAssigned, Attached, Underground, Garage, One Space
MLS #223079132
Attached garage1 space
WaterfrontBeach, Gulf
ViewGulf

Summary

  • Full Bathrooms: 2
  • Flooring Type: Other, Tile
  • Interior: Breakfast Bar, Living/Dining Room, Shower Only, Separate Shower, Cable TV
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Assigned, Attached, Underground, Garage, One Space
  • Waterfront: Beach, Gulf
  • View: Gulf
  • Exterior: Other, Water Feature
  • Architectural Style: Mid Rise
  • Heating: Central, Electric
  • Cooling: Central Air, Electric, Other
  • List Price: $1,600,000
  • Price/SqFt: $1,053
  • Annual Tax Amount: $794
  • Tax Year: 2023
  • Lot: Zero Lot Line
  • Directions: From Causeway, right onto Periwinkle, Left on to Donax, right onto Middle Gulf Drive. Left into Sundial East parking lot. Unit is in the last building on the right.
  • Year Built: 1981
  • Living Area: 1,519 SqFt
  • Lot Size: 0.2159 Acres
  • MLS Number: 223079132
  • MLS Name: SWFL
  • Office Name: Pfeifer Realty Group LLC
  • Office Phone: (239) 472-0004
  • Office Email: Sales@PfeiferRealtyGroup.com
  • Listing Agent: Jennifer McSorley

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2025, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

unfurnished sunroom with a water view and a beach view

$1,600,000

1401 Middle Gulf Dr Unit L404

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 13, 2020
Home Sold
$1,200,000

Tax history

YearAssessmentProperty Tax
2023$54,070$794
2022$1,423,182$18,113
2021$1,145,100$18,113
2020$1,061,863$16,298
2019$1,020,680$14,838
2018$940,391$14,485
2017$927,010$13,476

History based on county public records data.

Nearby schools

10

Fort Myers Beach Elementary School

Public District KG-5

7.0 mi

2751 Oak St

1

Harlem Heights Community Charter School

Public Charter KG-5

9.5 mi

15570 Hagie Dr

6

Heights Elementary School

Public District KG-5

9.8 mi

15200 Alexandria Ct

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $63,077. The majority of Sanibel, FL residents have income between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

23%
<35k
50%
35k-100k
21%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
3%
Single, with Kids
48%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
5%
12-17 yrs old
4%
18-34 yrs old
42%
35-64 yrs old
43%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • PaneraPanera

What do the neighbors drive?

  • LincolnLincoln
  • LexusLexus
  • InfinitiInfiniti

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1401 Middle Gulf Dr Unit L404

The listing price of 1401 Middle Gulf Dr Unit L404 property is $1,600,000.

The property 1401 Middle Gulf Dr Unit L404 is a condo located in Sanibel, Florida, 33957.

Active Listing: 1401 Middle Gulf Dr Unit L404 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1401 Middle Gulf Dr Unit L404 are: Fort Myers Beach Elementary School (GreatSchools Rating 10/10), Harlem Heights Community Charter School (GreatSchools Rating 1/10), Heights Elementary School (GreatSchools Rating 6/10), The Sanibel School (GreatSchools Rating 10/10), Lexington Middle School (GreatSchools Rating 4/10), Oasis Charter Middle School (GreatSchools Rating 8/10), Oasis Charter High School (GreatSchools Rating 7/10), Ida S. Baker High School (GreatSchools Rating 4/10), Cypress Lake High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $794 (source: MLS/based on county public records data).

The last sale was on April 13, 2020 for $1,200,000 (source: MLS/tax record).

The property at 1401 Middle Gulf Dr Unit L404 has 2 bedrooms and 2 bathrooms.

The property 1401 Middle Gulf Dr Unit L404 is 1,519 SqFt (source: MLS/tax record).

The year of construction for 1401 Middle Gulf Dr Unit L404 is 1981.

This home is located at 1401 Middle Gulf Dr Unit L404 in Sanibel, FL and zip code 33957. This 1,519 square foot home, which was built in 1981, sits on a 0.22 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 5, 2023 and is currently priced at $1,600,000.

In April 2025 more than 1 listings in Sanibel, FL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 22 were sold below. The number of homes for sale in Sanibel, FL increased by 5.6% between March and April 2025. In April 2025 median list price was $930,000 and the average listing age was 130 days.

From Rocket Homes Real Estate and based on county public records data.

More resources