527 E Gulf DR #204, Sanibel, FL 33957
527 E Gulf DR #204, Sanibel, FL 33957
527 E Gulf DR #204, Sanibel, FL 33957
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Billee Silva, PA, ABR SRS
$1,095,000
Est. payment /mo
2 Beds
2 Baths
986 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 986 sqft

Price per Sqft $1,110

Subdivision Gulf Beach Condo

MLS Listing ID 2025014414

Style Other,Low Rise

Bedrooms 2

Full Baths 2

Construction Status Known Damage

HOA Fees $575/mo

HOA Y/N Yes

Annual Recurring Fee 6900.0

Year Built 1978

Annual Tax Amount $3,645

Tax Year 2024

Lot Size 8,999 Sqft

Acres 0.2066

Lot Dimensions Appraiser

Property Sub-Type Condominium

Property Description

This is an exceptionally rare pre-construction opportunity to secure a Gulf-front residence on Sanibel Island, an offering that has not been seen in decades. New beachfront development on the island is virtually unheard of, making this a moment of true significance for those who understand the long-term value of scarcity, timing, and vision. For the discerning buyer, this is not simply a purchase, but an opportunity to become part of a limited and highly anticipated new coastal enclave before completion, with the ability to shape the final expression of the unit. 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 of construction. This approach provides a level of flexibility rarely available in new development, allowing the future owner to curate every interior detail, from layout refinement and architectural elements to bespoke finishes and materials, resulting in a truly personalized beachfront retreat. Set along a pristine stretch of Sanibel's world-renowned shoreline, the two-bedroom, two-bath residence is thoughtfully designed to capture sweeping, panoramic views of the Gulf. Elevated ceiling heights enhance volume and light, while a dramatic wall of impact-rated glass along the Gulf side frames endless horizons and ever-changing coastal light. Built to the latest construction standards, the residence combines modern resilience with the refined simplicity of contemporary coastal design, offering both beauty and peace of mind in a setting defined by nature. For those seeking even greater scale and customization, an additional and unprecedented opportunity exists to acquire the neighboring residence, Unit 203. Together, the 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 positioned along the perimeter would allow for a grand, light-filled central living and entertaining space, flanked by private, sun-drenched retreats, an exceptionally rare configuration on Sanibel. Located on the island's highly desirable east end, the setting offers both privacy and connection. Scenic bike paths wind through lush natural landscapes, leading to the historic lighthouse, charming boutiques, beloved local dining, and the understated character that has defined Sanibel for generations. This is more than new construction. It is the rare convergence of timing, location, and possibility; an opportunity to secure a Gulf-front residence in its earliest phase, to design a home that reflects your vision, and to establish a lasting coastal legacy in one of Florida's most treasured island communities.

Location

State FL

County Lee

Community Gulf Beach Condo

Area Si01 - Sanibel Island

Direction North

Rooms

Bedroom Description 2.0

Interior

Interior Features Living/ Dining Room, Other, See Remarks

Heating Central, Electric

Cooling Central Air, Electric

Flooring Other

Furnishings Unfurnished

Fireplace No

Window Features Other

Exterior

Exterior Feature Deck, Other

Pool Community

Community Features Elevator, Non- Gated

Utilities Available Cable Available

Amenities Available Beach Rights, Beach Access, Pool, Management

Waterfront Description Gulf

View Y/N Yes

Water Access Desc Public

View Gulf

Roof Type Built- Up, Flat

Porch Deck, Lanai, Porch, Screened

Garage No

Private Pool No

Building

Lot Description Irregular Lot

Dwelling Type Low Rise

Faces North

Story 2

Sewer Public Sewer

Water Public

Architectural Style Other, Low Rise

Unit Floor 2

Structure Type Other

Construction Status Known Damage

Others

Pets Allowed Call, Conditional

HOA Fee Include Other

Senior Community No

Tax ID 20-46-23-T3-02900.2040

Ownership Condo

Acceptable Financing All Financing Considered, Cash

Disclosures Owner Has Flood Insurance

Listing Terms All Financing Considered, Cash

Pets Allowed Call, Conditional

Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2025014414


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Listed by Premier Sotheby's Int'l Realty • Jeffrey Burns

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Billee Silva, PA, ABR SRS

Billee Silva, PA, ABR SRS

+1(239) 247-2490

Licensed Realtor | License ID: P3275278

Licensed Realtor License ID: P3275278

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527 E Gulf DR #204