527 Gulf Dr E #203, Sanibel, FL 33957
For Sale $1,095,000
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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.
Other
Beach Access
Pool
Taxes: $3,645.89
Tax Year: 2024
Association Fee: $6,900.00
Screened Lanai/ Porch
Other
Y
Gulf Frontage
Building Description: Low Rise (1-3)
Building Design: Low Rise (1-3 Floors)
Community Type: Non- Gated
MLS Area: Gulf Beach Condo
Total Square Footage: 1,102
Total Floors: 2
Water: Central
Date Listed: 2025-04-25 00:00:00
Pool Description: Community
Furnished: Unfurnished
Roof: Built- Up
Heating: Central Electric
Cooling: Central Electric
Storm Protection: Other
Irrigation: Central
Pets: Limits
Restrictions: None/ Other
Maintenance: Other
Rear Exposure: S
Lot Desc.: Across From Waterfront
Amenities: Beach Access, Pool
Listing Courtesy Of: Premier Sotheby's Int'l Realty
tiffany.burns@premiersir.com
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.
Property Details
Price: $1,095,000
Sq Ft: 986
($1,111 per
sqft)
Bedrooms: 2
Bathrooms: 2
City: Sanibel
County: Lee
Type: Condo
Development: Gulf Beach Condo
Acres: 0.2066
Virtual Tour/Floorplan: View
Year Built: 1978
Listing Number: 225041540
Status Code: A-Active
Taxes: $3,645.89
Tax Year: 2024
Garage:
Furnishings: Unfurnished
Pets Allowed: Limits
Interior Features:
Other
Amenities:
Beach Access
Pool
Financial Information:
Taxes: $3,645.89
Tax Year: 2024
Association Fee: $6,900.00
Exterior Features:
Screened Lanai/ Porch
Equipment:
Other
View:
Y
Waterfront Description:
Gulf Frontage
Additional Information:
Building Description: Low Rise (1-3)
Building Design: Low Rise (1-3 Floors)
Community Type: Non- Gated
MLS Area: Gulf Beach Condo
Total Square Footage: 1,102
Total Floors: 2
Water: Central
Date Listed: 2025-04-25 00:00:00
Pool Description: Community
Furnished: Unfurnished
Roof: Built- Up
Heating: Central Electric
Cooling: Central Electric
Storm Protection: Other
Irrigation: Central
Pets: Limits
Restrictions: None/ Other
Maintenance: Other
Rear Exposure: S
Lot Desc.: Across From Waterfront
Amenities: Beach Access, Pool
Map of 527 Gulf Dr E #203, Sanibel, FL 33957
Listing Courtesy Of: Premier Sotheby's Int'l Realty
tiffany.burns@premiersir.com