$3,895,000
$100K PRICE DROP

503 E Gulf Dr Unit A Sanibel, FL 33957

Estimated payment $22,815/month

Total Views 3,183
4 Beds
4.5 Baths
2,686 Sq Ft
$1,450 Price per Sq Ft

Highlights

  • Beach Front
  • Community Beach Access
  • Community Cabanas
  • Sanibel Elementary School Rated A-
  • Boat Dock
  • Fitness Center

About This Home

Beach combers and boaters will appreciate this furnished modern/mid-century gulf front condo - one of only two units - offering 4 bedrooms, 4.5 baths with panoramic views of the gulf. Soaring cathedral ceilings creates the feeling of spaciousness in the living area and modern kitchen which features an expansive island with breakfast bar, 8-burner gas stove, double-oven, steam/warming tray, wine cooler, and trash compactor. Extensive use of wood throughout, solid wood doors, and 3 gulf front lanais. Two guest bedrooms with en suite bathroom and balcony. Beautiful gulf view from primary bedroom with screened-in lanai, bathroom with large walk-in shower, 2 shower heads & double vanities. 4-car tandem garage, and lower level walkout lanai leading directly to the private boardwalk to the beach. Condo is part of Kinzie Island’s HOA enjoying a 50' pool, assigned boat slip on canal with gulf access, private beach lockers, showers & restrooms, fitness center, clay tennis/pickleball and bocce courts. This is a truly one-of-a-kind property on Sanibel and a lifestyle that's second to none!

Listing Agent

Tina DiCharia

Royal Shell Real Estate, Inc. License #280596822 Listed on: 04/28/2025

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,885

Year Built

  • Built in 1989

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • North Facing Home
  • Sprinkler System
  • Zero Lot Line

HOA Fees

  • $933 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 2,686 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Screened Porch
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks
  • Shower Only
  • Multiple Shower Heads
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Balcony
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block A / 3800
  • Assessor Parcel Number 20-46-23-T3-03800.00A0

Community Details

Overview

  • Association fees include irrigation water, ground maintenance, recreation facilities
  • 2 Units
  • Association Phone (239) 472-5020
  • Kinzie Island Subdivision

Amenities

  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Community Beach Access
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Community Cabanas
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,885

Year Built

Built in 1989

Lot Details

0

HOA Fees

$933 per month

Parking

4

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.039
  • Road Surface Type: Paved
  • Co List Office Mls Id: VIPR07
  • Ownership: Condo
  • Subdivision Name: KINZIE ISLAND
  • Directions: Sanibel Causeway to East Gulf Drive, make a left at stop sign, and condo on the right.
  • Architectural Style: Two Story, Duplex, Low Rise
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise, Duplex
  • Year Built: 1989
  • Property Sub Type Additional: Condominium,Duplex
  • Association Fee 3 Frequency: Quarterly
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Double Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Ice Maker, Microwave, Oven, Refrigerator, RefrigeratorWithIce Maker, Self Cleaning Oven, Trash Compactor, Wine Cooler, Warming Drawer, Water Purifier, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Tray Ceiling(s), Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Kitchen Island, Living/Dining Room, Multiple Shower Heads, Shower Only, Separate Shower, Cable TV, Upper Level Primary, Walk-In Closet(s), Central Vacuum
  • Living Area: 2686.0
  • Dining Room Type: Bathroom, Den, Guest Quarters, Screened Porch
  • Stories: 3
  • Window Features: Sliding, Impact Glass

Exterior Features

  • Lot Features: Zero Lot Line, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: Beach Front, Gulf
  • Waterfront: Yes
  • Disclosures: RV Restriction(s), Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Shower, Storage
  • Patio And Porch Features: Balcony, Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: Attached, Driveway, Garage, Paved, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: None
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Senior Community: No
  • Amenities: Beach Rights, Bocce Court, Boat Dock, Beach Access, Cabana, Fitness Center, Pickleball, Pool, Boat Slip, Storage, Tennis Court(s), Management
  • Phone: 239-472-5020
  • Association: No
  • Pets Allowed: Yes
  • Common Interest: Condominium
  • HOA Fee 3: 2800.0

Fee Information

  • Association Fee Includes: Irrigation Water, Maintenance Grounds, Recreation Facilities

Lot Info

  • Parcel #: 20-46-23-T3-03800.00A0

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 9885.0
  • Tax Block: 3800
  • Tax Lot: A
  • 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
2024 $29,251 $690,261 $264,010 $426,251
2023 $29,251 $2,047,644 $0 $0
2022 $27,045 $1,988,004 $0 $0
2021 $27,321 $2,061,092 $1,425,000 $636,092
2020 $27,267 $1,903,453 $0 $0
2019 $26,842 $1,860,658 $0 $0
2018 $26,891 $1,825,965 $0 $0
2017 $26,937 $1,788,408 $0 $0
2016 $26,847 $1,751,624 $1,200,000 $551,624
2015 $25,861 $1,628,699 $800,000 $828,699
2014 -- $1,508,401 $850,000 $658,401
2013 -- $1,329,706 $741,000 $588,706
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2025 08/03/25 Price Changed $3,895,000 -2.5% $1,450 / Sq Ft
04/22/2025 04/22/25 For Sale $3,995,000 0.0% $1,487 / Sq Ft
04/20/2025 04/20/25 Off Market $3,995,000 -- --
02/23/2015 02/23/15 Sold $2,300,000 -7.8% $881 / Sq Ft
01/24/2015 01/24/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $2,495,000 -- $956 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $2,300,000 Barrier Island Title Service
Warranty Deed $1,850,000 Barrier Island Title Service
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $417,000 New Conventional
Previous Owner $1,480,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225038492

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T3-03800.00A0