527 E Gulf Dr Unit 203 Sanibel, FL 33957
Sanibel AreaEstimated payment $7,208/month
Total Views
54,867
2
Beds
2
Baths
986
Sq Ft
$1,111
Price per Sq Ft
Highlights
- Beach Front
- Community Beach Access
- Gulf View
- The Sanibel School Rated A-
- Pool
- Elevator
About This Home
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
Home Type
- Condominium
Est. Annual Taxes
- $7,448
Year Built
- Built in 1978 | Under Construction
Lot Details
- Beach Front
- Property fronts gulf or ocean
HOA Fees
- $575 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Concrete Block And Stucco Construction
Interior Spaces
- 986 Sq Ft Home
- Ceiling Fan
- Gulf Views
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- Tuck Under Parking
- Assigned Parking
Pool
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 203
- Assessor Parcel Number 20-46-23-T3-02900.2030
Community Details
Overview
- Association fees include elevator, exter pest control, exterior main/repair, insurance bldg, landscape/lawn, legal and accounting, parking, pool service
- Island Management Association, Phone Number (239) 472-5020
- Gulf Beach Community
Amenities
- Elevator
Recreation
- Community Beach Access
- Community Pool
Pet Policy
- No Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,631 | $282,059 | $282,059 | |
| 2025 | $3,631 | $256,417 | $256,417 | |
| 2024 | $3,646 | $256,417 | $256,417 | |
| 2023 | $7,448 | $517,029 | $0 | $517,029 |
| 2022 | $5,788 | $462,794 | $0 | $0 |
| 2021 | $5,842 | $769,671 | $0 | $769,671 |
| 2020 | $5,820 | $443,111 | $0 | $0 |
| 2019 | $5,723 | $433,149 | $0 | $0 |
| 2018 | $5,728 | $425,073 | $0 | $0 |
| 2017 | $5,732 | $416,330 | $0 | $0 |
| 2016 | $5,704 | $641,198 | $0 | $641,198 |
| 2015 | $5,815 | $478,100 | $0 | $478,100 |
| 2014 | $5,820 | $501,600 | $0 | $501,600 |
| 2013 | -- | $492,600 | $0 | $492,600 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2026 02/25/26 | Price Changed | $1,095,000 | +82.8% | $1,111 / Sq Ft |
| 01/30/2026 01/30/26 | Price Changed | $599,000 | -14.3% | $608 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $699,000 | -6.7% | $709 / Sq Ft |
| 04/24/2025 04/24/25 | For Sale | $749,000 | -- | $760 / Sq Ft |
Source: Sanibel & Captiva Islands Association of REALTORS®
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed Of Distribution | $100 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
About the Listing Agent
Jeff and Tiffany met in college at the University of Florida where they both displayed the drive and success, they put to work every day for their valued customers. Jeff graduated with a Master’s Degree in Finance with a specialization in real estate and Tiffany graduated with high honors and a Master’s Degree in Computer Science.
After college Jeff and Tiffany couldn’t think of a better place to start a family than here in SW Florida. Jeff started his professional career as a loan
Jeff's Other Listings
Source: Sanibel & Captiva Islands Association of REALTORS®
MLS Number: 2250591
APN: 20-46-23-T3-02900.2030
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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