$1,095,000
527 E Gulf Drive #204 Sanibel, FL 33957
For Sale MLS# 2025014414
2 beds 2 baths 986 sq ft Condo
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
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 #204
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 #204
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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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