Listing Provided Courtesy of Premier Sotheby’s Int’l Realty
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
Price:
$1,095,000
MLS #:
225041540
Status:
Active
Beds:
2
Baths:
2
Type:
Lowrise
Subtype:
Low Rise (1-3)
Subdivision:
GULF BEACH CONDO
Neighborhood:
gulfbeachcondo
Listed Date:
Apr 25, 2025
Finished Sq Ft:
986
Total Sq Ft:
1,102
Lot Size:
8,999 sqft / 0.21 acres (approx)
Year Built:
1978
See this Listing
Schools
Interior
Appliances
Other
Bathrooms
2 Full Bathrooms
Cooling
Central Electric
Heating
Central Electric
Exterior
Architectural Style
Low Rise (1-3)
Association Amenities
Beach Access, Pool
Community Features
Pool
Exterior Features
Screened Lanai/Porch
Roof
Built-Up
Financial
HOA Fee
$6,900
Tax Year
2024
Taxes
$3,646
Map
Community
- Address527 E Gulf DR # 203 SANIBEL FL
- SubdivisionGULF BEACH CONDO
- CitySANIBEL
- CountyLee
- Zip Code33957
Market Summary
Property Summary
- Located in the GULF BEACH CONDO subdivision, 527 E Gulf DR # 203 SANIBEL FL is a Lowrise for sale in SANIBEL, FL, 33957. It is listed for $1,095,000 and features 2 beds, 2 baths, and has approximately 986 square feet of living space, and was originally constructed in 1978. The current price per square foot is $1,111. The average price per square foot for Lowrise listings in SANIBEL is $655. The average listing price for Lowrise in SANIBEL is $960,003. To schedule a showing of MLS#225041540 at 527 E Gulf DR # 203 in SANIBEL, FL, contact your Carney Realty & Associates, Inc. agent at 239-574-1965.
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