527 E Gulf DR #203, Sanibel, FL 33957
527 E Gulf DR #203, Sanibel, FL 33957
527 E Gulf DR #203, Sanibel, FL 33957
527 E Gulf DR #203, Sanibel, FL 33957
527 E Gulf DR #203, Sanibel, FL 33957
527 E Gulf DR #203, Sanibel, FL 33957
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$ 1,095,000
Est. payment | /mo

2 Beds

2 Baths

986 SqFt


$ 1,095,000
Est. payment | /mo

2 Beds

2 Baths

986 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 986 sqft

Price per Sqft $1,110

Subdivision Gulf Beach Condo

MLS Listing ID 225041540

Style Other,Low Rise

Bedrooms 2

Full Baths 2

Construction Status Known Damage

HOA Fees $575/mo

HOA Y/N Yes

Annual Recurring Fee 6900.0

Year Built 1978

Annual Tax Amount $3,645

Tax Year 2024

Lot Size 8,999 Sqft

Acres 0.2066

Lot Dimensions Appraiser

Property Sub-Type Condominium

Property Description

This is a rare and compelling opportunity to be part of one of Sanibel Island's newest Gulf-front condominium developments, an offering that has not been seen on the island in decades. For discerning buyers who value both legacy and vision, this pre-construction phase presents an extraordinary chance to secure a residence in a truly limited and highly anticipated new coastal community. Set along a pristine stretch of Sanibel's world-renowned shoreline, this two-bedroom, two-bath residence will capture sweeping panoramic views of the Gulf, where endless horizons and ever-changing light define the daily experience. Designed to reflect the refined simplicity of modern coastal living, the condominium will feature elevated ceiling heights, a dramatic wall of impact-rated glass along the Gulf side, and construction to the latest standards, bringing both beauty and peace of mind in a setting shaped by nature. What distinguishes this offering is its exceptional flexibility. The current owners are conveying their share in the association and will satisfy the $440,000 assessment at closing, delivering the residence to the next owner in “white box” condition upon completion. This allows the new owner to curate every interior detail, from materials and finishes to layout and design, creating a fully bespoke beachfront retreat tailored to individual taste and lifestyle. For those seeking scale and customization, an additional and unprecedented opportunity exists to acquire the neighboring residence, Unit 204. Together, the two mirror-image units present the potential to create a custom top-floor penthouse encompassing nearly 2,000 square feet, with four bedrooms and four baths. Bedrooms can be positioned along the perimeter, allowing for a grand, light-filled central living and entertaining space framed by private, sun-drenched retreats, an exceptionally rare configuration on Sanibel. Here, mornings begin with golden light across the Gulf, afternoons unfold along celebrated shelling beaches, and evenings are defined by the rhythm of the tides and moonlit waters. Located on Sanibel's desirable east end, the community offers access to scenic bike paths, the historic lighthouse, charming boutiques, local dining, and the timeless island lifestyle that has drawn generations to its shores. Enjoy the natural beauty, low-density character, and quiet sophistication that define Sanibel, enhanced by the comfort, resilience, and modern elegance of new construction. This is more than an investment in real estate, it is an opportunity to shape your own coastal legacy.

Location

State FL

County Lee

Community Gulf Beach Condo

Area Si01 - Sanibel Island

Direction North

Rooms

Bedroom Description 2.0

Interior

Interior Features Living/ Dining Room, Other, See Remarks

Heating Central, Electric

Cooling Central Air, Electric

Flooring Other

Furnishings Unfurnished

Fireplace No

Window Features Other

Exterior

Exterior Feature Other, Patio

Pool Community

Community Features Elevator, Non- Gated

Utilities Available Cable Available

Amenities Available Beach Rights, Beach Access, Pool, Management

Waterfront Description Gulf, Across the Road Water Frontage

View Y/N Yes

Water Access Desc Public

View Gulf

Roof Type Built- Up, Flat

Porch Lanai, Patio, Porch, Screened

Garage No

Private Pool No

Building

Dwelling Type Low Rise

Faces North

Story 2

Sewer Public Sewer

Water Public

Architectural Style Other, Low Rise

Unit Floor 2

Structure Type Other

Construction Status Known Damage

Others

Pets Allowed Call, Conditional

HOA Fee Include Other

Senior Community No

Tax ID 20-46-23-T3-02900.2030

Ownership Condo

Acceptable Financing All Financing Considered, Cash

Disclosures Owner Has Flood Insurance

Listing Terms All Financing Considered, Cash

Pets Allowed Call, Conditional

Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/225041540

Listed by Premier Sotheby's Int'l Realty • Tiffany Burns

Nearby Locations

Kelly Huguenin

“My goal is to guide you through every step of the process, providing expert advice and personalized service to ensure your real estate journey is seamless and stress-free. With Pfeifer Realty Group, you’re not just getting an agent – you’re gaining a trusted partner.”

+1(423) 903-4684

sanibelkell@comcast.net

1630 Periwinkle Way, Sanibel, FL, 33957-4407, USA

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527 E Gulf DR #203