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527 E Gulf Dr #204, Sanibel, FL 33957
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For Sale - Active
527 E Gulf Dr #204, Sanibel, FL 33957 - 2 Bedroom Condo in Gulf Beach Condo
$1,095,000
MLS Number
2025014414
Bedrooms
2 Bed
Bathrooms
2 Baths
Living Area
986 sq ft
Total Area
1,102 sq ft
Garage Spaces
0
Year Built
1978
Days on Market
162
home Property Description
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.
fact_check The Basics
Property Type
Condo
Gulf Access
No
Private Pool
No
Private Spa
No
Acres
0.2066
Furnished
Unfurnished
Last Modified
3 weeks ago
savings Financials & HOA Fees
Foreclosure
No
Auction
No
Short Sale
No
Mandatory HOA
Yes
HOA Fee
$575 monthly
roofing Building Features
Building Style
Other
Cooling
Central Electric
Elevator
Common
Floor Plan
Other
Floors
2
Patio and Porch
Deck
Rear Exposure
South
Roof
Built-Up
Storm Protection
Other
View
Gulf
Water Source
Central
Waterfront Features
Gulf Frontage
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chair Interior Features
Appliances & Equipment
Other
Interior Features
Other
Additional Rooms
Screened Lanai/Porch
Gas
No
holiday_village Neighborhood and Community
Pets Allowed
Limits
Amenities
Beach Access, Pool
Neighborhood
Gulf Beach Condo
Neighborhood Type
Non-Gated
Community Features
Pool
Included in Fees
Other
HOA Restrictions
None/Other
travel_luggage_and_bags Leasing Rules
Lease Limits
Yes
Leases Per Year
52
Minimum Days of Lease
7
Chris Farrugia, M.B.A.
Realtor® at The Listing Naples Group
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The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
Listing provided by Premier Sotheby's Int'l Realty.
