$389,000

805 E Gulf Dr, Unit 5D Floor 2 Sanibel, FL 33957

Estimated payment $3,216/month

2 Beds
2 Baths
902 Sq Ft
$431 Price per Sq Ft

Highlights

  • Beach Front
  • Community Beach Access
  • Clubhouse
  • Sanibel Elementary School Rated A-
  • Boat Ramp
  • Lanai

About This Home

Looking for the perfect island investment at a majorly reduced price? Sanibel Arms D5 presents a rare chance to secure your place in one of Sanibel’s most beloved beachfront communities during its exciting renewal phase. This complex is undergoing comprehensive renovations with anticipated completion in Summer of 2026. The transformation includes new impact windows, freshly painted exteriors, and revitalized amenities designed to make the entire property feel like new.
This inviting 2-bedroom, 2-bath condo with a washer and dryer, offers the ideal blend of comfort, value, and future upside. Direct boating and kayaking access to the Gulf makes this a dream location for those who love exploring Sanibel’s waterways, spotting wildlife, and enjoying the island’s natural beauty. Once renovations are complete, a short stroll will lead you to the heated community pool and Sanibel’s iconic white sand beaches.
The location places you right in the heart of the island lifestyle — bike to the Lighthouse, visit nearby shops and restaurants, or enjoy an evening ice cream after a sunset walk on the beach. This is the Sanibel experience buyers dream about.
Inside the residence, you’ll find numerous updates already in place, including new impact windows and doors, tankless water heater, new A/C, recessed lighting, updated electrical panel, and large tile flooring throughout. The unit was fully updated prior to Ian and was not damaged, showcasing a newer kitchen and bathrooms. With some furniture remaining, the space is ready for your personal finishing touches.
Sanibel Arms has long been known as one of the island’s best values. Upon completion, owners and guests will enjoy manicured grounds, a welcoming clubhouse, on-site management, and canal-side dockage for boating enthusiasts. Spend your days kayaking, watching dolphins glide by, or relaxing on Sanibel’s family-friendly shoreline.
Whether you’re searching for a personal retreat or a savvy investment in Sanibel’s ongoing recovery and revitalization, this is a standout opportunity to buy into a community on the rise — and enjoy the rewards for years to come.

Listing Agent

kelly Huguenin

Pfeifer Realty Group LLC License #280596876 Listed on: 02/20/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $984

Year Built

  • Built in 1971

Lot Details

  • Northeast Facing Home
  • Southwest Facing Home
  • Zero Lot Line

HOA Fees

  • $1,130 Monthly HOA Fees

Home Design

  • Courtyard Style Home
  • Entry on the 2nd floor
  • Flat Roof Shape
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 902 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Sliding Windows
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Pool Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Golf Cart Parking
  • Assigned Parking

Outdoor Features

  • Courtyard
  • Screened Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 30D
  • Assessor Parcel Number 29-46-23-T1-0030D.0050

Community Details

Overview

  • Association fees include management, cable TV, insurance, irrigation water, laundry, legal/accounting, ground maintenance, pest control, recreation facilities, sewer, trash, water
  • 64 Units
  • Association Phone (239) 472-2259
  • Low-Rise Condominium
  • Sanibel Arms Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Laundry Facilities

Recreation

  • Boat Ramp
  • Community Boat Dock
  • Community Boat Slip
  • Community Beach Access
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$984

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

HOA Fees

$1,130 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SANIBEL ARMS
  • Directions: USE GPS
  • Architectural Style: Courtyard, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1971
  • Property Sub Type Additional: Condominium
  • Exposures: Southwest
  • Pets No Pets Comments: PetsLimitOther:Owners
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Living/Dining Room, Shower Only, Separate Shower, Cable TV, Window Treatments
  • Living Area: 902.0
  • Dining Room Type: Family Room, Screened Porch
  • Stories: 2
  • Window Features: Sliding, Impact Glass, Window Coverings

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped, Pool
  • Waterfront Features: Beach Front, Gulf
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Exterior Features: Courtyard, Security/High Impact Doors
  • Patio And Porch Features: Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Parking Features: Assigned, Golf Cart Garage, Paved, One Space

Utilities

  • Laundry Features: Common Area, Inside
  • Security: Smoke Detector(s)
  • Green Building Features: On Site Management
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Beach Rights, Boat Dock, Beach Access, Boat Ramp, Clubhouse, Laundry, Barbecue, Picnic Area, Pool, Boat Slip
  • Association #2 Fee: 1130.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-472-2259
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Irrigation Water, Laundry, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Sewer, Trash, Water

Lot Info

  • Parcel #: 29-46-23-T1-0030D.0050

Multi Family

  • Number Of Units In Community: 64

Tax Info

  • Tax Annual Amount: 984.0
  • Tax Block: 30D
  • Tax Lot: 5
  • Tax Year: 2025

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 $1,028 $71,433 -- $71,433
2024 $2,098 $71,433 -- $71,433
2023 $2,098 $144,798 $0 $144,798
2022 $5,356 $390,883 $0 $0
2021 $5,069 $355,348 $0 $355,348
2020 $5,077 $351,263 $0 $351,263
2019 $4,930 $338,343 $0 $338,343
2018 $5,047 $339,150 $0 $339,150
2017 $5,196 $342,380 $0 $342,380
2016 $4,797 $309,339 $0 $309,339
2015 $4,804 $307,000 $0 $307,000
2014 $4,405 $278,000 $0 $278,000
2013 -- $245,500 $0 $245,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2026 02/20/26 For Sale $389,000 -- $431 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 2026007809

Florida Gulf Coast Multiple Listing Service

APN: 29-46-23-T1-0030D.0050

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