527 E Gulf Dr Unit 203, Sanibel, FL 33957

$1,095,000
2
BD
2
BA
986
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,095,000
Listing Price
$1,095,000
Price Change
▲ $496,000 1772071726
Days on Market
463
MLS#
225041540
Bedrooms
2
Bathrooms
2
Living Sq. Ft
986
Total Area
1,102
Property Class
Condo
Building Design
Low Rise (1-3)
County
Lee
Region
SI01 - Sanibel Island
Development
Gulf Beach Condo
Building Name
Gulf Beach Condo

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.

Additional Information

Year Built
1978
furnished
Unfurnished
Pets
Number Limit
Amenities
Beach Access, Pool, Non-Gated
View
Gulf
Boat Access
None
Waterfront Description
Gulf Frontage
Lot Description
Across From Waterfront
Roof
Built-Up or Flat
Flooring
Other
Windows
Other
Water
Central
Sewer
Central
Cooling
Central Electric
Irrigation
Central
Interior Features
Common Elevator, Other
Equipment/Appliances Included
Other
Dining Description
Dining - Living
Master Bath Description
See Remarks
Total Tax Bill
$3,645
Tax Year
2024
HOA Fee
$575
HOA Fee Freq
Monthly
Total Floors
2
Min. Days Of Lease
7
Num of Leases/Yr
52

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Premier Sotheby's Int'l Realty.