1401 Middle Gulf DR, Sanibel, FL, 33957 | $1,200,000

Welcome to your dream beachfront condo on Sanibel Island! Just a short distance from Fort Myers, this tropical island paradise is perfect for your second home. Spend your mornings collecting seashells on the world-famous white-sand beaches, then immerse yourself in the island’s stunning natural beauty in the afternoon. With over half of the island protected as nature reserves, there’s plenty to explore. Known as the Seashell Capital of the World, Sanibel boasts 25+ miles of bike paths, 50 types of fish, and over 250 varieties of seashells! Casual is the order of the day on Sanibel Island with lots of shabby chic shops and galleries all along Periwinkle Way. At days end enjoy spectacular sunsets and indulge in fresh Gulf cuisine or savor homemade Italian dishes at local restaurants. With no traffic lights and buildings limited to the height of the tallest palm tree, the enchanting views are yours to enjoy, day and night.
This charming third-floor 2-bedroom beachfront condo comes fully furnished and features an additional den that can easily serve as a third bedroom. The inviting living area opens up to a spacious balcony, where you can soak in breathtaking views of the Gulf while sipping your morning coffee or unwinding with a sunset cocktail and enjoying the serene coastal scenery. It’s the perfect blend of comfort and stunning natural beauty!
Not only is this a fantastic place to call home, this property also offers the option to enroll in the Sundial Beach Resort & Spa rental program. With on-site management, it’s a lucrative investment opportunity for those looking to make the most of their beachfront getaway. Enjoy the numerous amenities, including multiple swimming pools, tennis and pickleball courts, a fitness center, and delightful on-site restaurants. Here you will find the perfect blend of relaxation and investment potential in this stunning tropical setting!
Come experience the magic of island living! With its breathtaking views, pristine beaches, and vibrant community, this is a place where every day feels like a vacation.

Features

  • Building Design: Mid Rise (4-7)
  • Parking: 1 Assigned,Guest,Under Bldg Open
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: BBQ - Picnic,Beach Access,Beach Club Available,Community Pool,Community Spa/Hot tub,Extra Storage,Pickleball,Restaurant,Tennis Court,Underground Utility
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: SUNDIAL OF SANIBEL
  • Development: SUNDIAL OF SANIBEL
  • Year Built: 1981
  • Approx Sq. Feet: 1,451
  • Acreage: 0.22
  • Est. Taxes: $794
  • Condo Fee: $4,250 Quarterly
  • Lot Desc: Other
  • View: Gulf,Pond,Pool/Club,Water
  • Community Type: Condo/Hotel,Non-Gated
  • Water Front: Yes
  • Elem. School: SANIBEL
  • Middle School: SANIBEL
  • Pet Policy: Limits
  • MLS#: 224073499
  • Website: https://www.raveis.com
    /prop/224073499/1401middlegulfdr_sanibel_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of The Agency Naples

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1401 Middle Gulf DR, Sanibel, FL, 33957

$1,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $66 $66 $66
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,227 $6,147 $8,429
Total Monthly Payment $6,418 $6,338 $8,620

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.