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527 E Gulf Dr #203, Sanibel, FL 33957
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For Sale - Active
527 E Gulf Dr #203, Sanibel, FL 33957 - 2 Bedroom Condo in Gulf Beach Condo
$1,095,000
MLS Number
225041540
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
329
home 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.
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
Patio
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.
