527 E Gulf Dr 203, SANIBEL, FL

$1,095,000

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2

Beds

2

Baths

986

Square feet

0.21

Acres

About 527 E Gulf Dr 203

This is a rare and compelling opportunity to be part of one of Sanibel Island’s newest Gulf-front condominium developments, an offering that has not been seen on the island in decades. For discerning buyers who value both legacy and vision, this pre-construction phase presents an extraordinary chance to secure a residence in a truly limited and highly anticipated new coastal community. Set along a pristine stretch of Sanibel’s world-renowned shoreline, this two-bedroom, two-bath residence will capture sweeping panoramic views of the Gulf, where endless horizons and ever-changing light define the daily experience. Designed to reflect the refined simplicity of modern coastal living, the condominium will feature elevated ceiling heights, a dramatic wall of impact-rated glass along the Gulf side, and construction to the latest standards, bringing both beauty and peace of mind in a setting shaped by nature. What distinguishes this offering is its exceptional flexibility. 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. This allows the new owner to curate every interior detail, from materials and finishes to layout and design, creating a fully bespoke beachfront retreat tailored to individual taste and lifestyle. For those seeking scale and customization, an additional and unprecedented opportunity exists to acquire the neighboring residence, Unit 204. Together, the two 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 can be positioned along the perimeter, allowing for a grand, light-filled central living and entertaining space framed by private, sun-drenched retreats, an exceptionally rare configuration on Sanibel. Here, mornings begin with golden light across the Gulf, afternoons unfold along celebrated shelling beaches, and evenings are defined by the rhythm of the tides and moonlit waters. Located on Sanibel’s desirable east end, the community offers access to scenic bike paths, the historic lighthouse, charming boutiques, local dining, and the timeless island lifestyle that has drawn generations to its shores. Enjoy the natural beauty, low-density character, and quiet sophistication that define Sanibel, enhanced by the comfort, resilience, and modern elegance of new construction. This is more than an investment in real estate, it is an opportunity to shape your own coastal legacy.

Features of 527 E Gulf Dr 203

MLS® # 225041540
Price $1,095,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 986
Acres 0.21
Floor Number 2
Year Built 1978
Type Residential
Sub-Type Low Rise (1-3), Condo
Style Low Rise (1-3)
Status Active

Community Information

Address 527 E Gulf Dr 203
Area SI01 - Sanibel Island
Subdivision GULF BEACH CONDO
City SANIBEL
County Lee
State FL
Zip Code 33957
Community Type Non-Gated

Amenities

Amenities Beach Access, Pool
View Gulf
Is Waterfront Yes
Waterfront Gulf Frontage
Has Pool No
Pool Community
Elevator Common

Interior

Interior Features Other
Appliances Other
Heating Central Electric
Cooling Central Electric
Fireplace No

Exterior

Exterior Features Screened Lanai/Porch
Lot Description Across From Waterfront
Roof Built-Up

Additional Information

Days on Market 494
Foreclosure No
Short Sale No
Total Annual Recurring Fees $6,900
Total One Time Fees $0
HOA Fees $575

Listing Details

OfficePremier Sotheby's Int'l Realty

Listing Map

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