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527 E Gulf Drive #203

Sanibel, FL 33957
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Bed 2

Bed

Bath 2

Bath

SqFt986

Sqft

Acres0.21

Acre(Lot)

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 si de, 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.

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Detail Ic Property Details

Property Type : Residential

Price : $1,095,000

AD Id : 64274663

MLS Id : 225041540

Beds : 2

Lot Size : 0.21 Acre

Living Area Size : 986

Year Built : 1978

County : Lee

Subdivision: Gulf Beach Condo

  • Map Map

Map

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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: Lanai, Patio, Porch, Screened
    Pool Features: Community
    Private Pool: No
    Water front Features: Gulf,AcrossTheRoadWaterFrontage
    View: Gulf
  • Exterior Features

    Exterior Features: Other, Patio

  • Lot Information

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

    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: $749000
    AllFinancingConsidered, Cash

  • Tax Information

    Parcel Number: 20-46-23-T3-02900.2030 Tax Lot: 203 Tax Block: 2900 Tax Year: 2024 Annual Tax: $3645.89 Tax Legal Desc: GULF BEACH CONDO OR 1279 PG 727 APT 203

  • 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
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
200 Periwinkle Way #225, Sanibel, FL, 33957 $749,000 2 2 1,578 1,578 SqFt
200 Periwinkle Way #214, Sanibel, FL, 33957 $634,000 3 2 1,550 1,550 SqFt
200 Periwinkle Way #111, Sanibel, FL, 33957 $548,000 2 2 1,725 1,725 SqFt
200 Periwinkle Way #132, Sanibel, FL, 33957 $499,000 2 2 1,607 1,607 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 #204, 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 06/03/2026 @ 23:49

MLS: 225041540 LISTED BY: Tiffany Burns, Premier Sotheby's Int'l Realty 239-472-2735 SOURCE: FGC

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