Seller's Agent in 2026
Loukas Masouras
Realty One Group MVP
(239) 542-8611
1 in this area
54 Total Sales
845 E Gulf Dr Unit 111 Sanibel, FL 33957
2
Beds
2
Baths
981
Sq Ft
$2,236/ mo
HOA Fee
Highlights
- Community Boat Slip
- Beach Access
- Boat Slip
- Sanibel Elementary School Rated A-
- Property fronts gulf or ocean
- Clubhouse
About This Home
As of February 2026Beautifully Remodeled Beach-Side Condo on Sanibel Island! Welcome to 845 E Gulf Drive, Unit 111 — an exceptional, fully updated coastal residence offering modern finishes, strong income-producing potential, and an unbeatable East End location just steps from the Gulf of Mexico. This first-floor unit has been completely remodeled with attention to detail throughout. The open-concept layout features new flooring, fresh coastal-inspired paint, updated interior doors, upgraded lighting, and refined craftsmanship that creates a bright, inviting atmosphere. The kitchen has been tastefully redesigned with new cabinetry, quartz countertops, stainless steel appliances, and a stylish tile backsplash, making meal preparation both functional and beautiful. The spacious living and dining areas open to sliding glass doors that provide plentiful natural light and lead to a relaxing screened lanai overlooking the community’s lush tropical landscaping. Perfect for unwinding after a day at the beach or enjoying evening breezes. The primary bedroom offers comfort and privacy with its fully renovated en-suite bathroom, showcasing a walk-in shower, modern tilework, and contemporary fixtures. The guest bedroom and updated second bathroom make the unit ideal for hosting friends, family, or vacation renters. This residence is not offered turnkey, allowing you to bring your own furnishings and personal touches to make the space your own. The renovations are complete—leaving you with a clean, modern canvas ready for your design vision. With excellent rental income potential, proximity to Sanibel’s world-famous beaches, and quick access to the causeway, bike paths, restaurants, and island amenities, this condo offers both strong investment value and a serene personal retreat. Community amenities may include pool, tennis/pickleball courts, BBQ areas, beach access, and on-site rental options . Beautifully remodeled, move-in ready, and ideally located—Unit 111 at 845 E Gulf Drive delivers the best of Sanibel coastal living.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $826
Year Built
- Built in 1973
Lot Details
- Property fronts gulf or ocean
- Zero Lot Line
HOA Fees
- $2,236 Monthly HOA Fees
Home Design
- Built-Up Roof
Interior Spaces
- Property has 2 Levels
- Ceiling Fan
- Combination Dining and Living Room
- Screened Porch
- Laminate Flooring
- Gulf Views
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Double Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Built-In or Custom Kitchen Cabinets
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Home Security
Parking
- 1 Parking Space
- 1 Detached Carport Space
- Assigned Parking
Outdoor Features
- Beach Access
- Water access To Gulf or Ocean
- Boat Slip
- Patio
Utilities
- Central Air
- Heating Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 29-46-23-T1-00400.0111
- Tax Block 400
Community Details
Overview
- 8 Units
- Sanibel Moorings Condo Subdivision
- Mandatory home owners association
Recreation
- Community Boat Slip
- Tennis Courts
- Community Pool
Pet Policy
- Pets up to 30 lbs
- Limit on the number of pets
Additional Features
- Clubhouse
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2025
Closed on
Feb 10, 2026
Sold by
Home Discounters Llc
Bought by
5D Properties Llc
Seller's Agent
Loukas Masouras
Realty One Group MVP
Buyer's Agent
Michal Showalter
Home Team Advantage Realty
List Price
$79,990
Sold Price
$700,000
Premium/Discount to List
$620,010
775.11%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
529.56%
Purchase Details
Closed on
May 20, 2025
Sold by
Shepperdson Angela
Bought by
Home Discounters Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $700,000 | None Listed On Document | |
| Certificate Of Transfer | $365,100 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2026 02/10/26 | Sold | $700,000 | -11.9% | $714 / Sq Ft |
| 01/23/2026 01/23/26 | Pending | -- | -- | -- |
| 12/05/2025 12/05/25 | Price Changed | $794,990 | +893.9% | $810 / Sq Ft |
| 11/18/2025 11/18/25 | For Sale | $79,990 | -- | $82 / Sq Ft |
Source: Naples Area Board of REALTORS®
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 | $826 | $772,043 | -- | $772,043 |
| 2024 | $826 | $57,119 | -- | $57,119 |
| 2023 | $1,672 | $115,150 | $0 | $115,150 |
| 2022 | $10,586 | $620,838 | $0 | $0 |
| 2021 | $8,041 | $564,398 | $0 | $564,398 |
| 2020 | $8,055 | $557,983 | $0 | $557,983 |
| 2019 | $7,814 | $536,988 | $0 | $536,988 |
| 2018 | $7,994 | $537,795 | $0 | $537,795 |
| 2017 | $8,254 | $542,640 | $0 | $542,640 |
| 2016 | $7,730 | $499,078 | $0 | $499,078 |
| 2015 | $7,586 | $476,700 | $0 | $476,700 |
| 2014 | -- | $453,900 | $0 | $453,900 |
| 2013 | -- | $536,109 | $0 | $536,109 |
Source: Public Records
Agents Affiliated with this Home
-
Loukas Masouras
-
Michal Showalter
Buyer's Agent in 2026
Michal Showalter
Home Team Advantage Realty
(239) 370-0263
10 in this area
71 Total Sales
Map
Source: Naples Area Board of REALTORS®
MLS Number: 225078840
APN: 29-46-23-T1-00400.0111
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.
The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2026 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
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