For Sale Condo MLS# 225041540

527 E Gulf DR 203

SANIBEL, FL 33957

$1,095,000

naples-mls-rsd logo

About 527 E Gulf DR 203

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.

Property details

Property

Type
Low Rise (1-3)
MLS type
Condo
Status
Active
Year built
1978
Stories
2
Living area
986 sqft
Price / sqft
$1,111
Lot
0.2066
Full baths
2
Furnished
Unfurnished
Original price
$749,000
MLS #
225041540

Interior

Features
true, Central Electric, Dining - Living, Other
Appliances
Other
Heating
true, Central Electric
Cooling
true, Central Electric

Exterior & lot

Features
Community, Low Rise (1-3), Screened Lanai/Porch, Parking spaces: 0
Construction
2, Built-Up
Roof
Built-Up
Lot
Gulf, View, 20-46-23-T3-02900.2030, None/Other
View
Gulf
Pool
Community
Waterfront
Gulf Frontage

Schools

District
Lee County School District

Utilities

Utilities
Central
Water
Central

Financial

HOA
Yes
Financial
Florida Gulf Coast
Annual tax
$3,646
Tax year
2024
Parcel
20-46-23-T3-02900.2030

Location

Subdivision
GULF BEACH CONDO
Area
GULF BEACH CONDO
County
Lee
Community
Lee, Beach Access, Pool, 6900.0, Monthly, Florida Gulf Coast

Location

Neighborhood
GULF BEACH CONDO
School district
Lee County School District

Ask about this property

Questions on 527 E Gulf DR 203, SANIBEL, FL 33957, or want to see it in person?

Listed by Tiffany Burns, Premier Sotheby's Int'l Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.