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$1,150,000

Beds
2
Baths
2.0
sq ft
1,208

1501 Middle Gulf Dr Unit K403, Sanibel, FL 33957

1501 Middle Gulf Dr Unit K403

Sanibel, FL 33957

  • 376 days on market
    • Price drop $150,000↓
!!!!TOP FLOOR!!!! It can't get much better than this! Sundial West. Building K. Top Floor. Incredible unobstructed panoramic views of the beach and the Gulf. Fantastic rental unit, did over $140,000 in 2022. Spacious and bright two bedroom unit plus dining room. Tile plank flooring throughout, carried over into the screened lanai. Beautifully tiled bathrooms with granite counter tops. Master bathroom has a walk-in shower and dual sinks. Granite counters in kitchen, white shaker style cabinets. Large storage area just outside of the unit for bikes/beach stuff. This unit was damaged during Hurricane Ian and is expected to be ready for occupancy/rental by January of 2025. Buy now at this greatly discounted price!

Details

Property type

Condominium

Est. home value

$1,566,006

Lot size

Unknown

Price per sq ft

$952

Year built

1975

Annual property taxes

$14,173.6

HOA

Yes

Price History

11/12/2023

FGCMLS #223084026

Listed
$1,150,000
+31.43%
06/05/2017

FGCMLS #217014497

Sold
$875,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

220

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

American Momentum Bank

Loan start date

June 2017

Original loan amount

$612,500

Est. remaining balance

Not provided

Interest rate

3.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Robert S Montgomery Rice and Jennifer M Montgomery Rice

Lender

American Momentum Bank

Loan start date

June 2017

Original loan amount

$612,500

Est. remaining balance

Not provided

Interest rate

3.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Robert S Montgomery Rice and Jennifer M Montgomery Rice

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 12:25 AM

Listing updated: 10/19/2024 at 4:30 PM

Listed by: Andre Arensman, John R. Wood Properties Phone #: (239) 472-2411

MLS: FGCMLS #223084026

FGCMLS logo

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