About This Home

This 3-bedroom, 3-bathroom condo at 1299 Middle Gulf Drive #191 in Sanibel, FL is listed for $1,349,900 ($994 per sqft). Built in 1979, the home offers 1,358 sqft of living space on a N/A lot.

Key Features

  • Built in 1979
  • 2 stories
  • Waterfront

Property Details

2 stories
3 full
#191
1979

Amenities

WaterfrontViewA/C
Listing Description

Here's your opportunity to own a slice of paradise at the coveted Sanibel Gulf-front community of Compass Point! This corner/end unit has unbelievable beach and gulf views that dreams are made of. The floor to ceiling sliders allow you to enjoy the serene gulf waters and swaying palms when you wake up in the primary bedroom, while relaxing in the living room, making breakfast in the kitchen, or dining on the lanai!

The screened and glass enclosed lanai spans the entire width of the unit, with spiral staircase that goes directly down to private cabana. This unique setup gives you extra (air conditioned) space (307 additional SF) for entertaining, with additional studio-type space with 3/4 bath, wet bar, and direct beach access.

The cabana space also provides plenty of space to store your bikes and beach gear, right on ground level. From your cabana, head straight to the white sand on the newly built boardwalk. This unit has undergone recent updates, is furnished turnkey, and ready to call home.

Compass Point allows weekly rentals, and this unit has had consistent, long-term rental history-- for those who may want extra income while not occupying the unit themselves. Heated pool and pool house updated, along with new tennis and pickleball courts, gas grills, and bocce court. Don't wait another minute to create memories in your beautiful Sanibel beach condo!

Monthly Cost Estimate

$7,220/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394

Estimates only. Actual payments may vary.

Location

1299 Middle Gulf Drive #191

Sanibel, FL 33957

COMPASS POINT CONDO

Features & Amenities

Interior Features

BreakfastBarBuiltInFeaturesBathtubTrayCeilingsDualSinksFamilyDiningRoomLivingDiningRoomSeparateShowerCableTvWindowTreatmentsHighSpeedInternetSplitBedrooms

Exterior Features

SecurityHighImpactDoorsOutdoorGrillStorageTennisCourts

Property Details

Flooring

TileCarpet

Construction

Concrete Stucco

Views

Water

Outdoor Features

Porch

Parking

Underground/BasementCarportAssigned

Heating

Electric (Heating)Central

Cooling

Central AirWall Unit(s)ElectricCeiling Fan(s)

Appliances

DryerDishwasherFreezerDisposalMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 3-bathroom condo at 1299 Middle Gulf Drive is listed at $1,349,900 ($994/sqft). The estimated monthly payment is $7,220 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1979, 2 stories, Waterfront. Interior Features: BreakfastBar, BuiltInFeatures, Bathtub. Exterior Features: SecurityHighImpactDoors, OutdoorGrill, Storage.

This property is listed by Stephanie Ostlie.

SO

Stephanie Ostlie

License 583000195

Agent at Catching Coastal Realty

Listed by Catching Coastal Realty · Broker phone: 218-779-1135 · View on Broker Site

MLS# 2026041603· 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 #191, Sanibel, FL 33957

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