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- Description
- Property Details
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- HOA Management
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$1,095,000
Monthly Est:$5,450
2 Beds
- 2 Baths
2 full baths
986sqft
527 E Gulf Dr #204, Sanibel, FL 33957
$1,095,000
$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

This condo is in:
Property Details
Status
Active
Type
Condominium
No. of Stories
2
County
City
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
Beach
Management
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
| Date | Event | Price |
|---|---|---|
10/09/2025 Source: | Listed for Sale | $1,095,000 +56.65% $1,111/sqft |
10/09/2025 Source: | Price Decreased | $699,000 -6.68% $709/sqft |
04/15/2025 Source: | Listed for Sale | $749,000 $760/sqft |
04/15/2025 Source: | Off Market | $749,000 $760/sqft |
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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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