Active

527 E Gulf Drive #204

Sanibel, FL 33957
Mark as Favorite
Bed 2

Bed

Bath 2

Bath

SqFt986

Sqft

Acres0.21

Acre(Lot)

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 approac h 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $1,095,000

AD Id : 67367769

MLS Id : 2025014414

Beds : 2

Lot Size : 0.21 Acre

Living Area Size : 986

Year Built : 1978

County : Lee

Subdivision: Gulf Beach Condo

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Roofing Information

    BuiltUp, Flat

    Flooring Information

    Other
  • Interior Features

    LivingDiningRoom, Other, SeeRemarks
    Roof: BuiltUp, Flat
    Window Features: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric Water front: 1

  • Building Information

    Year Built: 1978
    Building Area Total: 1102
    Construction Materials: Other
    Patio And Porch Features: Deck, Lanai, Porch, Screened
    Pool Features: Community
    Private Pool: No
    Water front Features: Gulf
    View: Gulf
  • Exterior Features

    Exterior Features: Deck, Other

  • Lot Information

    Main Square Feet: 0.2066 Lot Size Acres: 0.2066 Lot Size Source: Appraiser Lot Description: IrregularLot

    Property Information

    Subdivision: GULF BEACH CONDO Source Property Type: Residential Property SubType: Condominium Direction Faces: North Property Age: 48

  • Listing Price Information

    Listing Price: $1095000
    Original Price: $699000
    AllFinancingConsidered, Cash

  • Tax Information

    Parcel Number: 20-46-23-T3-02900.2040 Tax Lot: 204 Tax Block: 2900 Tax Year: 2024 Annual Tax: $3645.89 Tax Legal Desc: GULF BEACH CONDO OR 1279 PG 727 APT 204

  • Garage Information

    Pets Allowed: Call, Conditional

    Homeowners Association Information

    Has Association: Yes
    Included Fees: Other
    Association Amenities: BeachRights, BeachAccess, Pool, Management
    Community Features: Elevator, NonGated

  • Utility Information

    CableAvailable
  • Location Information

    WaterSource: Public
Sell a home like this and save $65,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
200 Periwinkle Way #132, Sanibel, FL, 33957 $499,000 2 2 1,607 1,607 SqFt
200 Periwinkle Way #111, Sanibel, FL, 33957 $548,000 2 2 1,725 1,725 SqFt
200 Periwinkle Way #214, Sanibel, FL, 33957 $634,000 3 2 1,550 1,550 SqFt
200 Periwinkle Way #225, Sanibel, FL, 33957 $749,000 2 2 1,578 1,578 SqFt
200 Periwinkle Way #232, Sanibel, FL, 33957 $695,000 3 2 1,578 1,578 SqFt
255 Periwinkle Way #5B, Sanibel, FL, 33957 $1,250,000 2 2 966 966 SqFt
497 E Gulf Drive #4, Sanibel, FL, 33957 $1,450,000 2 3 1,162 1,162 SqFt
503 E Gulf Drive #A, Sanibel, FL, 33957 $3,695,000 4 5 2,686 2,686 SqFt
527 E Gulf Drive #203, Sanibel, FL, 33957 $1,095,000 2 2 986 986 SqFt
561 Periwinkle Way #F3, Sanibel, FL, 33957 $429,000 2 2 850 850 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/05/2026 @ 09:31

MLS: 2025014414 LISTED BY: Jeffrey Burns, Premier Sotheby's Int'l Realty 239-472-2735 SOURCE: FGC

Selling? Save $65,201 when you sell a home like this

Tour with a ByOwner Agent