805 E Gulf Dr, Unit 5D Floor 2 Sanibel, FL 33957
Estimated payment $3,216/month
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.
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
Map
About This Building
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 2026007809
APN: 29-46-23-T1-0030D.0050
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Ask me questions while you tour the home.