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527 E Gulf Drive , #203

Sanibel, FL 33957
  • $1,095,000
  • STATUS: Active
  • ON SITE: 361 Days
  • ID#: 225041540
UPDATED: 26 min ago
$1,095,000
  • 2
    BEDS
  • 0.21
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 986
    SQFT
  • $1,111
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1978
County:
Lee

School Ratings & Info

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.

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© 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Paradise Coast R.E. Group | Realty One Group MVP. Data last updated 2026-04-22T22:24:31.1.
www.paradisecoastregroup.com/homes/162969352
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527 E Gulf Drive , #203 Sanibel, FL 33957

  • Price: $1,095,000
  • Status: Active
  • On Site: 361 Days
  • Updated: 26 min ago
  • ID#: 225041540
2
Beds
2
Baths
0
½ Baths
0.21
Acres
986
SQFT
$1,111
$/SQFT
1978
Built
Neighborhood:
Gulf Beach Condo
County:
Lee
Area:
Si01 - Sanibel Island
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.
Exterior Features

Architectural Style Other Low Rise Carport Spaces 0 Carport YN No Construction Materials Other Covered Spaces 0 Direction Faces North Entry Level 2 Exterior Features Other Patio Garage YN No Patio And Porch Features Lanai Patio Porch Screened Pool Features Community Pool Private YN No Roof Built- Up Flat Spa YN No Structure Type Low Rise View Gulf View YN Yes

Interior Features

Cooling Central Air Electric Cooling YN Yes Flooring Other Furnished Unfurnished Heating Central Electric Heating YN Yes Interior Features Living / Dining Room Other See Remarks Room Type Screened Porch Window Features Other

Property Features

Association Amenities Beach Rights Beach Access Pool Management Association Fee 0 Association Fee Includes Other Association Fee2 575 Association Fee2 Frequency Monthly Association Fee3 0 Association YN Yes Building Area Total 1102 Common Interest Condominium Community Features Elevator Non- Gated Development Name GULF BEACH CONDO Disclosures Owner Has Flood Insurance Gulf Access YN False Irrigation Source Municipal Land Lease Amount 0 Listing Terms All Financing Considered Cash Ownership Condo Pets Allowed Call Conditional Possession Close Of Escrow Potential Short Sale YN No Property Condition Known Damage Property Sub Type Condominium Property Sub Type Additional Condominium Restrictions Senior Community YN No Sewer Public Sewer Tax Annual Amount 3645.89 Tax Year 2024 Unit Location 2 Utilities Cable Available Water Access Description None Water Source Public Waterfront Features Gulf Across the Road Water Frontage Waterfront YN Yes

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


© 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Paradise Coast R.E. Group | Realty One Group MVP. Data last updated 2026-04-22T22:24:31.1.
 
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Paradise Coast R.E. Group | Realty One Group MVP
1495 Pine Ridge Road Ste 1
Naples FL, 34109