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$484,900

For Sale - Active
1501 Middle Gulf Drive I-101, Sanibel, FL 33957
1 Bed
1 Bath
778 Square Feet
0.00 Acres Lot
Built in 1975
For Sale - Active
Units n/a
Checked: 1 day ago
Updated: Jul 16, 2025 at 07:41AM

Investment Summary


Monthly Cash Flow
n/a
Cap Rate
n/a
Cash-on-Cash Return
n/a
Debt Coverage Ratio
n/a
Internal Rate of Return (5 years)
n/a

Property Description


0.00 Acres Lot
Built in 1975
For Sale - Active
Units n/a

Sundial Resort A-1 club suite, gulf views and direct walkout access. Discover the largest one-bedroom floor plan at Sundial Resort, the A-1 Club Suite, where luxury and convenience meet in a premier island getaway. This fully remodeled, ground-floor retreat offers a seamless blend of indoor-outdoor living with an extended lanai that stretches across the bedroom and great room, opening directly to lush tropical gardens with views of the Gulf. Inside, modern elegance abounds with wood-look tile flooring designed for beachside living and rental ease. The open-concept kitchen shines with navy blue wood cabinetry, light quartz countertops, a white subway tile backsplash and stainless steel appliances. Stylish LED puck lighting enhances the bright, airy ambiance, while the spa-inspired bath features a walk-in shower with navy subway tile, a frameless glass barn-door enclosure and premium finishes for a sophisticated touch. Hurricane-rated windows and doors provide peace of mind, while the resort lifestyle awaits just outside your door. The Sundial Resort Reception building is a short distance away, offering an array of dining options, a full-service spa and salon, a marketplace for everyday essentials, bike rentals, and pay-to-play tennis and pickleball. Owners enjoy unparalleled flexibility, keep this coastal retreat all to yourself, or leverage their income potential by renting through any provider of your choice, including Sundial Resort’s on-site rental program for a seamless, hands-off experience. Embrace island luxury, effortless convenience and ultimate beachside escape at Sundial Resort.

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Location


Property Details


Parking

  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 1

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Total): 1.0

Interior Features

  • # of Stories: 4

Exterior Features

  • Roof Material: Built-Up, Flat

HOA

  • Has HOA: Yes
  • Additional HOA Fee: $3,442/quarterly

Land Information

  • Land Use: Residential

Lot Information

  • Parcel ID: 304623T402309.1010
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Style: Other, Mid Rise
  • Year Built: 1975

Tax Information

  • Annual Tax: $448

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Location

  • County: Lee

Listing Details


Listed by:
Jeffrey Burns
Premier Sotheby's Int'l Realty
(239) 464-2984

Source:
Florida Gulf Coast Multiple Listing Service
MLS#: 225033706
Florida Gulf Coast Multiple Listing Service

Investment Summary


Monthly Cash Flow
n/a
Cap Rate
n/a
Cash-on-Cash Return
n/a
Debt Coverage Ratio
n/a
Internal Rate of Return (5 years)
n/a

Purchase Details

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Purchase price:
$484,900
Amount financed:
-$387,920
Down payment:
$96,980
Closing costs:
$14,547
Rehab costs:
$0
Initial cash invested:
$111,527
Square feet:
778
Cost per square foot:
$623
Monthly rent per square foot:
n/a

Financing Details

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Loan amount:
$387,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,484
Property tax:
$37
Insurance:
n/a
Private mortgage insurance (PMI):
$0
Monthly payment:
n/a

Operating Income

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% Rent Monthly Yearly
Gross rent:
n/a n/a
Vacancy loss: (6%)
6% n/a n/a
Operating income:
n/a n/a

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/a-$37-$449
Insurance: (n/a)
n/an/an/a
Property management: (n/a)
n/an/an/a
Repairs & maintenance: (n/a)
n/an/an/a
Capital expenditures: (n/a)
n/an/an/a
HOA fees: (n/a)
n/a-$1,147-$13,764
Total operating expenses: (n/a)
n/an/an/a

Cash Flow


Monthly Yearly
Net operating income:
n/a n/a
Mortgage payments:
-$2,484 -$29,808
Cash flow:
n/a n/a