$1,095,000

527 E Gulf Drive #204, Sanibel, FL 33957

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$1,095,000

527 E Gulf Drive #204 Sanibel, FL 33957

For Sale MLS# 2025014414

2 beds 2 baths 986 sq ft Condo

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Data current as of 03/03/2026 14:39:11

Details for 527 E Gulf Drive #204

MLS# 2025014414

Description for 527 E Gulf Drive #204, Sanibel, FL, 33957


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.

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: 139

Construction Status: Known Damage

Room Information


Bathrooms

Full Baths: 2

Interior Features


Flooring: Other

Doors/Windows: Other

Additional Interior Features: Other, See Remarks, 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, Deck, Deck, Porch, Lanai, Screened, Irregular Lot

Waterfront Details


Water Front Features: Gulf

Community Features


Community Features: Elevator, Non-Gated

Association Amenities: Management, Pool, Beach Access, Beach Rights

HOA Dues Include: Other

Homeowners Association: Yes

Financial Considerations


Terms: All Financing Considered,Cash

Tax/Property ID: 20-46-23-T3-02900.2040

Tax Amount: 3645.89

Tax Year: 2024

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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

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 527 E Gulf Drive #204

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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

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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