527 E Gulf DR 203

$1,095,000

  • 986 sqft
  • 2 Beds
  • 2 Baths
  • 0 Garages

General Information

  • List Price : $1,095,000
  • City : SANIBEL
  • Acres : 0.2066
  • MLS Area : 1102
  • Status Type : Known Damage
  • Approx. Living Area : 986
  • Furnished : Unfurnished
  • Date Created : 2025-04-25
  • MLS Number : 225041540
  • State Or Province : FL
  • Subdivision : GULF BEACH CONDO
  • County : Lee
  • Bedrooms : 2
  • Approx. Total Area : 1102
  • Year Built : 1978
  • Potential Short :
  • DOM : 306
  • Address : 527 E Gulf DR 203
  • Postal Code : 33957
  • Development : Array
  • Property Type : Residential
  • Bath Full : 2
  • Price per Sq Ft : $122
  • Property Id : 20-46-23-T3-02900.2030
  • Status : Active
  • CDOM : 306

Description

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.

Provided by Premier Sotheby's Int'l Realty

Detailed Property Information

  • Ownership : Condo
  • Waterfront Y/N : 1
  • Boat Access : None
  • Cooling : Central Electric
  • Kitchen :
  • Amenities : Beach Access, Pool
  • Restrictions : None/Other
  • Building Design :
  • View : Gulf
  • Waterfront Desc : Gulf Frontage
  • Elementary School :
  • High School :
  • Floor Plan Type : Other
  • Private Pool Y/N :
  • Bedroom Desc :
  • Equipment : Other
  • Additional Rooms : Screened Lanai/Porch
  • Storm Protection : Other
  • Building Features :
  • Community Type : Non-Gated
  • Gulf Access Y/N :
  • Gulf Access Type :
  • Middle School :
  • Pets : Limits
  • Heating :
  • Windows :
  • Flooring :
  • Private Spa Y/N :
  • Dining Desc : Dining - Living
  • Exterior Features : Screened Lanai/Porch

Unit / Building Information

  • Unit Floor : 2
  • Unit Number : 203
  • Construction :
  • Total Floors : 2
  • Units in Building : 14
  • Elevator : Common
  • Building Desc : Other
  • Units in Complex : 14
  • Roof : Built-Up

Lot Information

  • Rear Exposure : S
  • Range :
  • Sewer :
  • Lot Unit :
  • Section :
  • Irrigation : Central
  • Block : 2900
  • Township :
  • Water : Central
  • Lot Desc : Across From Waterfront

Financial Information

  • Condo Fee : 0
  • Approval :
  • Tax Year : 2024
  • Condo Fee Freq :
  • Management : Professional
  • Possession : Array
  • Tax Desc :
  • Maintenance : Other

Additional Details

  • Amenities :
  • County Or Parish : Lee
  • Foreclosed REOYN :
  • Gulf Access YN :
  • Irrigation : Central
  • Legal Unit :
  • Lot Type :
  • Management : Professional
  • Master HOA Fee Freq :
  • Original List Price : 749000
  • Parcel Number : 20-46-23-T3-02900.2030
  • Planned Use :
  • Postal Code Plus :
  • Property Type : Residential
  • Restrictions : None/Other
  • Section :
  • Source of Measurements :
  • State Or Province : FL
  • Street Dir Prefix : E
  • Street Number : 527
  • Sub Condo Name :
  • Unit Number : 203
  • View : Gulf
  • Waterfront YN : 1
  • CDOM : 306
  • Close Date :
  • Community Type : Non-Gated
  • Date Created : 2025-04-25
  • Full Address : 527 E Gulf DR 203
  • Last Change Timestamp : 2026-02-25T19:49:07.660Z
  • List Price : $1,095,000
  • Lot Unit :
  • Mandatory Club Fee Freq :
  • MLS Area Major : SI01 - Sanibel Island
  • Photo Count : 19
  • Possession : Array
  • Potential Short Sale YN :
  • Range :
  • Road :
  • Sewer :
  • Status : Active
  • Street Dir Suffix :
  • Subdivision Info : GULF BEACH CONDO
  • Table : Residential
  • Township :
  • Water : Central
  • Zoning Code:
  • Association Mngmt Phone : (239) 472-2735
  • Boat Access : None
  • Canal Width : $None
  • City : SANIBEL
  • Condo Fee : 0
  • Condo Fee Freq :
  • Current Price : $1,095,000
  • DOM : 306
  • Elevation :
  • Gulf Access Type :
  • Master HOA Fee Freq : 0
  • Land Lease Fee Freq :
  • Last Change Type : Price Change
  • Legal Desc :
  • Maintenance : Other
  • Mandatory HOA Y/N : 575
  • Matrix Modified DT : 2026-02-25T20:02:35.755Z
  • MLS Number : 225041540
  • Other PI Ds :
  • Photo Modification Timestamp : 2026-02-25T20:02:35.735Z
  • Postal Code : 33957
  • Price Per Acre : 5,300,097
  • Rear Exposure : S
  • Room Count : 0
  • Source of Measure Lot Dimensions :
  • Status Type : Known Damage
  • Street Name : Gulf
  • Street Suffix : DR
  • Tax Desc :
  • Tax Year : 2024
  • Trees :
  • Utilities Available :
  • Waterfront Desc :
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527 E Gulf DR 203

$1,095,000