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About This Home

This 5-bedroom, 4-bathroom condo at 1191 Middle Gulf Drive in Sanibel, FL is listed for $3,750,000 ($1,103 per sqft). Built in 1982, the home offers 3,400 sqft of living space on a N/A lot.

Agent Description

Welcome to Shorewood, one of the most luxurious properties on Sanibel. Only 13 units, completely remodeled with a new roof, paint, A/C, hurricane proof windows and sliding doors, a redesigned pool with a new paver deck, brand new paver driveway and parking, lush landscape, pavers and tile under the building, new elevators....

a completely brand new property! This spectacular condo is 3 stories high with 5 bedrooms, 4 baths, 2 kitchens, (on the first and third level) and each level has a very spacious screened balcony with a Gulf view. The condo also features 1 garage and a large enclosed storage unit under the building.

Each floor is accessible by elevator. Completely furnished with brand new furniture, turnkey, 1 of very few condos on Sanibel that is ready to move in! 3400 square feet looking directly at the beach, great for a large family or a fantastic investment opportunity.

The condo is in a vacation rental program producing great revenue. The buildings have been inspected per the current requirements and the reserve funds meet the new laws. The entire property is looking like a brand new resort, the very best that Sanibel has to offer!

Key Features

  • Built in 1982
  • 3 stories
  • Private pool
  • Waterfront

Property Details

3 stories
4 full
##4A
1982

Amenities

PoolWaterfrontA/C

Monthly Cost Estimate

$43,256/mo

20% down · 6.5% · 30 years

Principal$2,712
Interest$16,250
Insurance$1,094
HOA$23,200

Estimates only. Actual payments may vary.

Location

1191 Middle Gulf Drive

Sanibel, FL 33957

SHOREWOOD OF SANIBEL CONDO

Features & Amenities

Interior Features

BreakfastBarBuiltInFeaturesBreakfastAreaClosetCabinetryFamilyDiningRoomKitchenIslandLivingDiningRoomMultiplePrimarySuitesPantryBarWalkInClosets

Exterior Features

SecurityHighImpactDoorsPatioStorageTennisCourts

Property Details

Flooring

Tile

Construction

Block Concrete Stucco

Pool Features

PorchPatio

Parking

OpenDrivewayUnderground/BasementGarage

Heating

Electric (Heating)Central

Cooling

Central AirElectric

Appliances

DoubleOvenDryerDishwasherElectricCooktopFreezerDisposalMicrowaveRefrigeratorSelfCleaningOvenWasher

Questions & Answers

This 5-bedroom, 4-bathroom condo at 1191 Middle Gulf Drive is listed at $3,750,000 ($1,103/sqft). The estimated monthly payment is $39,450 based on 20% down at 6.5% interest.

HOA fees are $23200/month.

Key features include: Built in 1982, 3 stories, Private pool, Waterfront. Interior Features: BreakfastBar, BuiltInFeatures, BreakfastArea. Exterior Features: SecurityHighImpactDoors, Patio, Storage.

This property is listed by Ermina Matic and can be reached at 2394100778 or ermina@maticproperties.com.

EM

Ermina Matic

Agent at Matic Properties LLC

(239) 410-0778

Listed by Matic Properties LLC · View on Broker Site

MLS# 224023284· Source: listhub· Updated 811 days ago

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1191 Middle Gulf Drive, Sanibel, FL 33957

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