$949,900
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Sanibel Arms West 827 E Gulf Dr Unit E4 Floor 1 Sanibel, FL 33957

Estimated payment $6,764/month

Total Views 2,021
2 Beds
2 Baths
967 Sq Ft
$982 Price per Sq Ft

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Furnished
  • Sanibel Elementary School Rated A-
  • Pool
  • Screened Porch

About This Home

Sanibel Arms West – a beautifully remodeled 2-bedroom, 2-bath Gulf-front condominium offering sweeping, direct views of the Gulf. This coastal retreat has been completely updated and features tropical-style furnishings, stainless steel appliances, and an open, inviting layout. Enjoy outdoor dining and sunset breezes from the screened lanai overlooking the beach. Step outside to dig your toes in the sand, collect shells on a leisurely beach walk, or simply relax and soak in the island lifestyle Sanibel is famous for. This property also boasts excellent rental income, making it an ideal investment or personal getaway. Community amenities include Sanibel Island’s only screened-in outdoor resort pool, tennis, pickleball, and shuffleboard courts, a sun deck atop the clubhouse, fitness center, outdoor grilling area, and boardwalks providing private beach access. Additional conveniences include shell-cleaning stations, recreation room, ice machine, filtered water stations, and easy access to Gulf activities such as fishing and water sports. A rare chance to own a fully updated Gulf-front condo that delivers both lifestyle and income in one of Sanibel’s most desirable communities.

Listing Agent

Fred Newman

Royal Shell Real Estate, Inc. License #511421 Listed on: 02/06/2026

Royal Shell Real Estate, Inc.

Co-Listing Agent

Vicki Panico

Royal Shell Real Estate, Inc. License #391707

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $907

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $1,618 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 967 Sq Ft Home
  • Furnished
  • Ceiling height between 8 to 10 feet
  • Single Hung Wood Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Open Parking
  • Assigned Parking

Pool

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot E-4
  • Assessor Parcel Number 29-46-23-T1-0050E.0040

Community Details

Overview

  • Association fees include exter pest control, insurance bldg, landscape/lawn, legal and accounting, manager, pool service, recreation facilities, sewer, trash, water
  • Sanibel Arms West Association, Phone Number (239) 472-1138
  • Sanibel Arms West Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Beach Access

Pet Policy

  • No Pets Allowed

Security

  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$907

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$1,618 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Legal Description: SANIBEL ARMS WEST CONDO OR 841 PG 619 APT E-4
  • Strap Number: 29-46-23-T1-0050E.0040
  • Subject To F I R P T A: No
  • Year Built: 1974
  • Level: 1
  • Pets: Not Allowed
  • Folio Id: 10127860
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 982.32
  • Appliances: Dishwasher, Disposal, Microwave, Range Electric, Refrigerator, Smoke Detector(s), Stack Washer/Dryer, Water Heater
  • Estimated Living Sq Ft: 967
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Floor: 1
  • Flooring: Tile Floor
  • Furnished: Yes
  • Furnishing: Fully Furnished
  • Master Bedroom: Porch
  • Windows: Impact Resistant Windows, Single Hung, Sliding

Exterior Features

  • Misc Exterior: CBS, Slab
  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Pool: Yes
  • View: Direct Gulf

Garage/Parking

  • Parking: Assigned, Open

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling
  • Heating: Central Heat
  • Security: None/Not Applicable

Condo/Co-op/Association

  • Association Fees Disp: Y - $1618/M
  • Association Fee: 1618
  • Association Fee Period: Monthly
  • Association Right Of Refusal: Yes
  • Association Management: Sanibel Arms West
  • Management Company Phone: 239472-1138
  • Condo Amenities: Community Laundry, Deeded Beach Access, Grills, Pickleball, Picnic Area, Pool, Rental Office on Site, Tennis Court(s), WiFi
  • Condo Name: Sanibel Arms West
  • Fees Include: Exter Pest Control, Insurance Bldg, Landscape/Lawn, Legal and Accounting, Manager, Pool Service, Recreation Facilities, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2026-02-06
  • Geo Address Line: 827 E Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 1
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: E-4

Rental Info

  • Application Required: Yes
  • Rent History: Over $40,000 in 2026 reservations as of 2-6-2026. Has always rented very well with repeat guests that stay multiple weeks. Owner purchased May 12 2021. His 2021 gross income was $38,119. Add the income from Jan to May 12th and it may have grossed $75,000-$80,000+. 2022 owner gross income from Jan to end of Sept was $69,328. Add in Oct to Dec and would have grossed $75,000-$80,000+. 2026 gross income from current reservations to April 5th is $40,560. Should have a good year.
  • Rent Phone: 239-472-1138
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 907
  • Tax Year: 2025

Map

About Sanibel Arms West

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $907 $63,101 -- $63,101
2024 $1,841 $63,101 -- $63,101
2023 $1,841 $126,894 $0 $126,894
2022 $10,752 $786,717 $0 $786,717
2021 $8,604 $603,985 $0 $603,985
2020 $8,602 $595,935 $0 $595,935
2019 $8,342 $573,325 $0 $573,325
2018 $8,197 $551,523 $0 $551,523
2017 $8,438 $554,753 $0 $554,753
2016 $8,117 $524,085 $0 $524,085
2015 $9,177 $602,100 $0 $602,100
2014 -- $613,900 $0 $613,900
2013 -- $566,500 $0 $566,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2026 02/06/26 For Sale $949,900 +7.3% $982 / Sq Ft
05/12/2021 05/12/21 Sold $885,000 -0.4% $851 / Sq Ft View Prior Sale
04/12/2021 04/12/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $889,000 -- $855 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $885,000 Knight Barry Title Sln Inc
Warranty Deed $375,000 --
Quit Claim Deed -- --
Warranty Deed $212,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 No Value Available
Previous Owner $169,600 No Value Available
Source: Public Records

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2260168

Sanibel & Captiva Islands Association of REALTORS®

APN: 29-46-23-T1-0050E.0040

Florida Lee County Sanibel 33957

827 E Gulf Dr Unit E4, Sanibel, FL

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.

Sanibel & Captiva Islands Association of REALTORS® 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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Fred Newman
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Fred Newman
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Royal Shell Real Estate, Inc.
(239) 826-2704
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