527 E Gulf Drive #203 Sanibel, FL 33957
For Sale MLS# 225041540
2 beds 2 baths 986 sq ft Condo
Details for 527 E Gulf Drive #203
MLS# 225041540
Description for 527 E Gulf Drive #203, Sanibel, FL, 33957
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.
Listing Information
Property Type: Residential, Condominium
Status: Active
Bedrooms: 2
Bathrooms: 2
Lot Size: 0.21 Acres
Square Feet: 986 sq ft
Year Built: 1978
Stories: 2 Story
Construction: Other
Construction Display: New Construction
Subdivision: Gulf Beach Condo
Furnished: Yes
County: Lee
Days On Market: 306
Construction Status: Known Damage
Room Information
Bathrooms
Full Baths: 2
Interior Features
Flooring: Other
Doors/Windows: Other
Additional Interior Features: See Remarks, Other, Living/Dining Room
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available
Cooling: Electric, Central Air
Heating: Central, Electric
Exterior / Lot Features
Roof: Flat, Built-Up
Pool: Community
Lot View: Gulf
Additional Exterior/Lot Features: Other, Patio, Patio, Porch, Screened, Lanai
Waterfront Details
Water Front Features: Gulf, Across the Road Water Frontage
Community Features
Community Features: Elevator, Non-Gated
Association Amenities: Beach Access, Pool, Management, Beach Rights
HOA Dues Include: Other
Homeowners Association: Yes
Financial Considerations
Terms: All Financing Considered,Cash
Tax/Property ID: 20-46-23-T3-02900.2030
Tax Amount: 3645.89
Tax Year: 2024
A broker reciprocity listing courtesy: Premier Sotheby's Int'l Realty
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 527 E Gulf Drive #203
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 527 E Gulf Drive #203
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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