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Condo for sale at 527 E Gulf Dr #204, Sanibel, FL 33957 | MLS# 2025014414 | Listing updated on 2026-10-12
Photo 1 of Condo for sale at 527 E Gulf Dr #204, Sanibel, FL 33957 | MLS# 2025014414 | Listing updated on 2026-10-12
Photo 2 of Condo for sale at 527 E Gulf Dr #204, Sanibel, FL 33957 | MLS# 2025014414 | Listing updated on 2026-10-12
Photo 3 of Condo for sale at 527 E Gulf Dr #204, Sanibel, FL 33957 | MLS# 2025014414 | Listing updated on 2026-10-12
Photo 4 of Condo for sale at 527 E Gulf Dr #204, Sanibel, FL 33957 | MLS# 2025014414 | Listing updated on 2026-10-12
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$1,095,000

Monthly Est:$5,450

  • Beds Icon2 Beds
  • Beds Icon
    2 Baths
  • Beds Icon986sqft

527 E Gulf Dr #204, Sanibel, FL 33957

$5,450/moEst:

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  • Condominium

  • Built in 1978

  • $575/mo HOA

  • 0.21 acre lot

  • $1,111/sq.ft

Description

This is an exceptionally rare pre-construction opportunity to secure a Gulf-front residence on Sanibel Island, an offering that has not been seen in decades. New beachfront development on the island is virtually unheard of, making this a moment of true significance for those who understand the long-term value of scarcity, timing, and vision. For the discerning buyer, this is not simply a purchase, but an opportunity to become part of a limited and highly anticipated new coastal enclave before completion, with the ability to shape the final expression of the unit. 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 of construction. This approach provides a level of flexibility rarely available in new development, allowing the future owner to curate every interior detail, from layout refinement and architectural elements to bespoke finishes and materials, resulting in a truly personalized beachfront retreat. Set along a pristine stretch of Sanibel’s world-renowned shoreline, the two-bedroom, two-bath residence is thoughtfully designed to capture sweeping, panoramic views of the Gulf. Elevated ceiling heights enhance volume and light, while a dramatic wall of impact-rated glass along the Gulf side frames endless horizons and ever-changing coastal light. Built to the latest construction standards, the residence combines modern resilience with the refined simplicity of contemporary coastal design, offering both beauty and peace of mind in a setting defined by nature. For those seeking even greater scale and customization, an additional and unprecedented opportunity exists to acquire the neighboring residence, Unit 203. Together, the 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 positioned along the perimeter would allow for a grand, light-filled central living and entertaining space, flanked by private, sun-drenched retreats, an exceptionally rare configuration on Sanibel. Located on the island’s highly desirable east end, the setting offers both privacy and connection. Scenic bike paths wind through lush natural landscapes, leading to the historic lighthouse, charming boutiques, beloved local dining, and the understated character that has defined Sanibel for generations. This is more than new construction. It is the rare convergence of timing, location, and possibility; an opportunity to secure a Gulf-front residence in its earliest phase, to design a home that reflects your vision, and to establish a lasting coastal legacy in one of Florida’s most treasured island communities.

  • Houzeo last checked: 14 minutes ago
  • Listing updated: October 12, 2026 at 7:51 pm
  • Listing Provided by: Jeffrey Burns (239) 464-2984 DRE #280595636, Tiffany Burns (239) 464-2984 DRE #280596748 | Premier Sotheby's Int'l Realty (239) 472-2735
  • Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 2025014414 Florida Gulf Coast MLS, Fort Myers-FL

This condo is in:

Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    2

  • County

    Lee County

  • City

    Sanibel

  • Neighborhood

    --

  • Year Built

    1978

  • HOA Fees

    $575/mo

  • Finished Area

    986 sqft

  • Lot Size

    0.21 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Florida Gulf Coast MLS, Fort Myers

  • MLS Number

    2025014414

  • MLS Status

    Active

  • Days on Market

    393

  • Cumulative Days on Market

    544

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Location

HOA Management

N/A

HOA Fees

$575/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Pool Pool

Beach Beach

Management Management

Other Other

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 2

Interior

  • Heating

    Central, Electric

  • Exterior Features

    Deck, Other

  • Cooling

    Central Air, Electric

  • Sewer

    Public Sewer

  • Window Features

    Other

  • Interior Features

    Living Dining Room, Other, See Remarks

  • Flooring

    Other

Construction

  • Year Built

    Year Built: 1978

  • Home type

    Condominium

  • Architectural Style

    Other, Low Rise

  • Construction Materials

    Other

  • Property Condition

    Known Damage

  • Roof

    Built Up, Flat

Utilities & Energy

  • Association Amenities

    Beach Rights, Beach Access, Pool, Management

  • Water Source

    Public

  • Pool Features

    Community

  • Utilities

    Cable Available

Other Features

  • Community Features

    Elevator, Non Gated

  • Subdivision Name

    Gulf Beach Condo

  • Lot Features

    Irregular Lot

  • Disclosures

    Owner Has Flood Insurance

  • Patio And Porch Features

    Deck, Lanai, Porch, Screened

Price History

DateEventPrice

10/09/2025

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2025014414

Listed for Sale

$1,095,000 +56.65%

$1,111/sqft

10/09/2025

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #2025014414

Price Decreased

$699,000 -6.68%

$709/sqft

04/15/2025

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #225038648

Listed for Sale

$749,000

$760/sqft

04/15/2025

Source: mls_logoFlorida Gulf Coast MLS, Fort Myers-FL #225038648

Off Market

$749,000

$760/sqft

Nearby Homes

Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Nov 07, 2026, 09:15AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.

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