$2,695,000

3131 W Gulf Dr Unit 305 Sanibel, FL 33957

Estimated payment $16,996/month

3 Beds
3.5 Baths
2,642 Sq Ft
$1,020 Price per Sq Ft

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Florida Architecture
  • Sanibel Elementary School Rated A-
  • Penthouse
  • Furnished

About This Home

Experience the pinnacle of coastal contemporary luxury in this stunning 3-bedroom plus den, 3.5-bath Gulf-view penthouse, completely renovated in 2024 with exceptional craftsmanship and designer finishes. The custom-designed kitchen is a chef’s dream, featuring Thermador induction cooktop, professional series appliances, a Sub-Zero refrigerator/freezer, and an additional Viking refrigerator. Custom cabinetry and Cambria quartz countertops add a sleek, elegant touch, while ceramic tile flooring flows seamlessly throughout the open-concept living spaces. Walls of impact windows and doors showcase sweeping Gulf of Mexico views, and skylights fill the home with abundant natural light, creating a bright and inviting coastal ambiance. A private staircase leads to the upper sundeck area, the perfect retreat for entertaining or relaxing while enjoying spectacular sunsets over the water. Professionally furnished by Robb & Stucky, this residence embodies timeless design and modern sophistication.

Listing Agent

Jayne Lumley

Michael Saunders & Company License #280520002 Listed on: 10/29/2025

Michael Saunders & Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,685

Year Built

  • Built in 1994

Lot Details

  • Property fronts gulf or ocean
  • East Facing Home
  • Zero Lot Line

HOA Fees

  • $2,500 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Electric Vehicle Home Charger
  • Guest Parking
  • Assigned Parking

Property Views

  • Gulf
  • Pool

Home Design

  • Penthouse
  • Florida Architecture
  • Entry on the 3rd floor
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2,642 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-In Features
  • Bar
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Skylights
  • Electric Shutters
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Double Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Screened Patio

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 305 / 703
  • Assessor Parcel Number 34-46-22-T1-00703.3050

Community Details

Overview

  • Association fees include management, insurance, internet, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, sewer, trash, water
  • 18 Units
  • Association Phone (239) 437-0340
  • Low-Rise Condominium
  • Wedgewood Of Sanibel Condo Subdivision

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Beach Access
  • Community Pool

Pet Policy

  • Pets up to 80 lbs
  • Call for details about the types of pets allowed

Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,685

Year Built

Built in 1994

Lot Details

0

HOA Fees

$2,500 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1618
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: WEDGEWOOD OF SANIBEL CONDO
  • Architectural Style: Florida, Penthouse, Low Rise
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Structure Type: Low Rise
  • Year Built: 1994
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Quarterly
  • Pets No Pets Comments: PetsLimitOther:Large dogs allowed
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Built-In Oven, Double Oven, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, RefrigeratorWithIce Maker, Self Cleaning Oven, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Bathtub, Tray Ceiling(s), Coffered Ceiling(s), Entrance Foyer, Kitchen Island, Living/Dining Room, Pantry, Sitting Area in Primary, Separate Shower, Cable TV, Bar, Walk-In Closet(s), Window Treatments, High Speed Internet, Split Bedrooms
  • Living Area: 2642.0
  • Dining Room Type: Den, Screened Porch
  • Stories: 3
  • Window Features: Skylight(s), Sliding, Impact Glass, Window Coverings

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf, Pool
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: Disclosure on File, Deed Restriction, Owner Has Flood Insurance, RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Security/High Impact Doors, Other, Shutters Electric
  • Patio And Porch Features: Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Covered, Garage, Guest, One Space, Electric Vehicle Charging Station(s)

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: None, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Non-Gated
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access, Pool, Storage, Management
  • Phone: 239-437-0340
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 7500.0

Fee Information

  • Association Fee Includes: Association Management, Insurance, Internet, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 34-46-22-T1-00703.3050

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 4685.33
  • Tax Block: 703
  • Tax Lot: 305
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,685 $329,877 -- $329,877
2024 $6,691 $329,877 -- $329,877
2023 $6,691 $464,380 $0 $464,380
2022 $20,039 $1,365,146 $0 $0
2021 $17,663 $1,241,042 $0 $1,241,042
2020 $18,630 $1,292,000 $0 $1,292,000
2019 $18,064 $1,242,743 $0 $1,242,743
2018 $18,475 $1,244,358 $0 $1,244,358
2017 $18,761 $1,234,668 $0 $1,234,668
2016 $18,063 $1,167,474 $0 $1,167,474
2015 $20,153 $1,385,300 $0 $1,385,300
2014 $18,571 $1,264,400 $0 $1,264,400
2013 -- $1,331,500 $0 $1,331,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2025 10/29/25 For Sale $2,695,000 +89.1% $1,020 / Sq Ft
11/27/2019 11/27/19 Sold $1,425,000 -10.9% $539 / Sq Ft View Prior Sale
10/28/2019 10/28/19 Pending -- -- --
06/29/2019 06/29/19 For Sale $1,600,000 +28.0% $606 / Sq Ft
03/11/2015 03/11/15 Sold $1,250,000 -7.3% $441 / Sq Ft View Prior Sale
02/09/2015 02/09/15 Pending -- -- --
05/02/2012 05/02/12 For Sale $1,349,000 -- $476 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,425,000 Barrier Island Title
Warranty Deed $1,250,000 Assured Title Services Llc
Warranty Deed $665,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,140,000 New Conventional
Previous Owner $365,000 No Value Available
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 2025017652

Florida Gulf Coast Multiple Listing Service

APN: 34-46-22-T1-00703.3050