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1191 Middle Gulf Drive #4A Sanibel, FL 33957

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For Sale
$3,750,000

Completely remodeled, beachfront condo with strong rental income potential.

Type:Condo/Townhome
Property size:
3,400 SF
Added:
Mar 24, 2026
Days on Market:
17
Last Refresh:
Apr 6 at 2:45 am

Property Features for 1191 Middle Gulf Drive #4A

General Information

Standard status
Active
Size
3,400 SF
Property subtype
Condo/Townhome

Building Details

Year Built
1982

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Listing Contact
Ermina Matic

Listing agent Ermina Matic License #258023477

Listing office Matic Properties LLC

Listing date Mar 24, 2026

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Matic Properties LLC


Overview

Luxurious Remodeled Sanibel Condo

Located in Shorewood, this completely remodeled three-story condo features 5 bedrooms and 4 baths. The 3,400 square foot unit includes two kitchens, one on the first level and one on the third level, and each level has a spacious screened balcony with a Gulf view. The property has been updated with a new roof, paint, A/C, hurricane-proof windows and sliding doors. The building features a redesigned pool with a new paver deck, a brand new paver driveway and parking area, lush landscaping, pavers and tile under the building, and new elevators. The unit includes one garage and a large enclosed storage unit under the building, with elevator access to each floor. It is fully furnished with brand new furniture and is move-in ready. This condo is currently part of a vacation rental program and generates revenue. The buildings have been inspected and meet current requirements, and the reserve funds comply with the new laws.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Hylands By the Sea Hotel & Motel Shorewood Condominiums Condominium Complex

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Building Supply Auto Repair Shop Gym & Fitness Center Skin Care Clinic Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Sanibel
County
Lee
State
Florida
Longitude
-82.0438407
Latitude
26.4360234

FAQs

What type of property is this?
Residential income property - Completely remodeled, beachfront condo with strong rental income potential.
Where is this residential income property located?
The property is located at 1191 Middle Gulf Drive #4A Sanibel, FL.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Completely remodeled, turnkey condo with new roof, paint, A/C, hurricane‑proof windows/doors, redesigned pool, and new elevators.; Boasting 3400 sq ft, this condo includes 5 bedrooms, 4 baths, and 2 kitchens, complemented by spacious screened balconies with Gulf views.; Prime beachfront location on Sanibel, ideal for a large family or investment.
More about this property
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