Metes & Bounds, 1646 Middle Gulf Dr Sanibel, FL 33957

1,149,000(-4.35% )
$1,099,000Price
3Beds
3Baths
2,013SqFt

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Details

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Status:
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Parking: No info
Size: 2,013 ft2 / 187 m2
Price: $546 ft2 / $5,877 m2
Built: 1979
HOA: N/A
MLS Number: 223079196
View: Golf Course, River
Updated: 3 Days ago
Page Views: 0
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.

Features

Bedrooms
Bedrooms: 3
Bathrooms
Bathrooms: 3
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Open Porch/Lanai, Screened Lanai/Porch
View: Golf Course, River

Price History

03/12/2025

Date

Price Reduced

Event

$1.1M

Price

-4.35%

Change Rate

$546 ft2 / $5,877 m2

Price Per

01/24/2025

Date

Price Reduced

Event

$1.1M

Price

-3.85%

Change Rate

$571 ft2 / $6,144 m2

Price Per

12/12/2024

Date

Price Reduced

Event

$1.2M

Price

-7.72%

Change Rate

$594 ft2 / $6,390 m2

Price Per

11/13/2024

Date

Price Reduced

Event

$1.3M

Price

-6.5%

Change Rate

$643 ft2 / $6,925 m2

Price Per

03/14/2024

Date

Price Reduced

Event

$1.4M

Price

-2.46%

Change Rate

$688 ft2 / $7,406 m2

Price Per

01/29/2024

Date

Price Reduced

Event

$1.4M

Price

-5.02%

Change Rate

$705 ft2 / $7,593 m2

Price Per

10/27/2023

Date

Listed

Event

$1.5M

Price

$743 ft2 / $7,994 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Jeffrey BurnsPremier Sotheby's Int'l Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis

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Unit 1646 Middle Gulf Dr – Asking

$546/ft²

(0%) from Closed Medium $/ft²

Closed Medium $/ft²

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Community $/Price Range (Closed) $NaN/ft² – $NaN/ft²
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