1646 Middle Gulf DR, Sanibel, FL 33957 - MLS#223079196

$1,050,000

Est. payment - /mo

3 Beds

3 Baths

2,013 SqFt

UPDATED:

Key Details

Sold Price $1,050,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,013 sqft

Price per Sqft $521

Subdivision Metes And Bounds

MLS Listing ID 223079196

Style Other

Bedrooms 3

Full Baths 3

Year Built 1979

Annual Tax Amount $7,458

Tax Year 2022

Lot Size 0.521 Acres

Property Sub-Type Single Family Residence

Property Description

Priced significantly below replacement cost! You could not buy the lot and build the house for even close to this price. The cost of construction alone would be at least $1M and the lot would be at least $600K. The owners are losing money at even at full list. They bought the home for $1,050,000 in 2008 and they updated the bathrooms, replaced the roof, and add all of the expensive impact rated hurricane windows and sliders. This home is an amazing deal for an investor or owner to buy and hold for significant future appreciation once the island recovers. If buyer is interested, it is possible to replace the spiral staircase with a traditional staircase with a few small tweaks to the living room layout. Plans and pricing available upon request. This beach side oasis embodies tropical charm and Florida living. This 3-bedroom 3-bathroom home is located just across a quaint Gulf drive from a stunning world renown beach and along the Sanibel River with the beautiful fairways of the Sanibel Island Golf Club beyond. In a setting like no other this home boasts stunning river and golf course views while literally being just steps down the bike path to one of Sanibel's nicest beach accesses. The cheerful home greets you with a large open front porch perfect for a morning cup of coffee and you listen to the surf crash on the beach. Entering the home, you notice soaring two story ceilings and gorgeous views through the bank of impact rated sliding glass doors beyond. The beautiful wood floors lead you to the stunning open kitchen great for entertaining. The large screened back porch has views of your private pool and spa and then the river and golf course beyond. Peace of mind is brought with the new roof added in 2021 and impact rated windows and sliders. The warm ambiance and happy aura of this home is sure to lift your spirits as you enjoy the island life along the Gulf.

Location

State FL

County Lee

Community Metes And Bounds

Area Si01 - Sanibel Island

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Tile, Wood

Exterior

Exterior Feature Deck, Security/ High Impact Doors, Other

Parking Features Underground

Pool In Ground, Screen Enclosure

Community Features Non- Gated

Utilities Available Cable Available

Amenities Available Beach Rights, Beach Access

Waterfront Description River Front

View Y/N Yes

View Golf Course, River

Roof Type Shingle

Building

Story 1

Foundation Pillar/ Post/ Pier, Raised

Sewer Public Sewer

Water Public

Structure Type Other,Wood Siding,Wood Frame

Others

Acceptable Financing All Financing Considered, Cash

Listing Terms All Financing Considered, Cash

Pets Allowed Yes

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Listed by Premier Sotheby's Int'l Realty • Jeffrey Burns
Bought with Keller Williams Realty Fort Myers

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Randall Carey

+1(651) 494-4000

Brokerage | License ID: 20594868

Brokerage License ID: 20594868

1646 Middle Gulf DR Sanibel, FL 33957