About This Home

This 2-bedroom, 2-bathroom condo at 1299 Middle Gulf Drive #223 in Sanibel, FL is listed for $699,950 ($553 per sqft). Built in 1979, the home offers 1,265 sqft of living space on a 0.32 acres lot.

Key Features

  • Built in 1979
  • 0.32 acre lot
  • 3 stories
  • Waterfront

Property Details

3 stories
2 full
#223
1979

Amenities

WaterfrontA/C
Listing Description

Wake up with the Gulf just steps from your door. Compass Pointe's new private boardwalk offers one of the easiest beach access points on Sanibel - an effortless stroll to white sand, sunshine, and the outdoor shower and shell-washing station. Inside, this top-floor 2BR/2BA residence pairs modern comfort with easy island living: impact windows, plantation shutters, and a screened lanai with storm screens for year-round outdoor enjoyment.

The primary bedroom opens directly onto the lanai, while the guest room takes in a peaceful pool and courtyard view - giving the layout two distinct moods. A spacious living/dining area offers easy flow, and a large ground-floor storage room (13' x 6'3") is perfect for beach gear and bikes.

Compass Pointe's amenities include a heated pool, tennis, pickleball, bocce, gas grills, covered parking, elevator, and on-site management, with weekly rentals permitted. Unit 223 has been owner-occupied and offered turnkey - a clean, move-in-ready Gulfside retreat with rental potential.

Monthly Cost Estimate

$9,728/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,033
Insurance$204
HOA$5,985

Estimates only. Actual payments may vary.

Location

1299 Middle Gulf Drive #223

Sanibel, FL 33957

COMPASS POINT CONDO

Features & Amenities

Interior Features

BuiltInFeaturesFamilyDiningRoomLivingDiningRoomShowerOnlySeparateShowerCableTvWalkInClosetsHighSpeedInternet

Exterior Features

SecurityHighImpactDoors

Property Details

Flooring

TileCarpetLaminate

Construction

Block Concrete Stucco

Parking

CarportAssigned

Heating

CentralElectric (Heating)

Cooling

Central AirElectricCeiling Fan(s)

Appliances

DryerDishwasherElectricCooktopDisposalIceMakerMicrowaveRangeRefrigeratorRefrigeratorWithIceMakerWasher

Questions & Answers

This 2-bedroom, 2-bathroom condo at 1299 Middle Gulf Drive is listed at $699,950 ($553/sqft). The estimated monthly payment is $9,728 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $5985/month.

Key features include: Built in 1979, 0.32 acre lot, 3 stories, Waterfront. Interior Features: BuiltInFeatures, FamilyDiningRoom, LivingDiningRoom. Exterior Features: SecurityHighImpactDoors.

This property is listed by Iris Aloia.

IA

Iris Aloia

License 869042724

Agent at Michael Saunders & Company

Listed by Michael Saunders & Company · Broker phone: (941) 639-0000 · View on Broker Site

MLS# 2026040940· Source: Florida Gulf Coast Multiple Listing Service, Inc.· 28 days on PropertySimple

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.

1299 Middle Gulf Drive #223, Sanibel, FL 33957

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