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$975,000
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Property Description
EXCEPTIONAL PROPERTY PRICED TO SELL - GULF FRONTAGE TOWNHOUSE WITH PRIVATE ELEVATOR! This 2-story, 2244 sq ft townhouse is set in a unique year-round private residential community-no rentals allowed-offering unmatched tranquility and exclusivity. Situated directly ON THE BEACH with 250 feet of pristine GULF FRONTAGE, it features BRAND-NEW IMPACT WINDOWS, a private elevator opening to a dramatic great room with stone floors, soaring 2-story coral walls, and a fireplace. The interior is free from hurricane damage or water intrusion, and a new pool is scheduled for completion this fall. Floor-to-ceiling windows fill the home with natural light, complemented by electric shutters for convenience and privacy. Enjoy a chef's kitchen with generous space for both cooking and dining, a primary suite with deck access, and a spacious 2-car garage with extra storage. A new pool will be completed this fall. This is the perfect property to embrace the coastal lifestyle at an unbeatable value! THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER, INQUIRE FOR MORE DETAILS**. Renderings that showcase furniture have been virtually staged.
Full Property Details
Full Property Details for 487 E Gulf Dr
General
- Sold For: $975,000
- HOA FEE: $2,667/month
- HOA FEE FREQ.: Quarterly
- Taxes: (2024)
- Status: Closed
- Type: Duplex
- Source: Bonita_Springs
- MLS ID: 225065528
- Added to Site: 193 day(s) ago
Interior
- Interior Features: Elevator, Central Vacuum, Great Room, Guest Bath, Guest Room, Loft, Built-In Cabinets, Wired for Data, Cathedral Ceiling(s), Closet Cabinets, Entrance Foyer, Wired for Sound, Walk-In Closet(s)
- Fireplace: Yes
- Appliances: Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self-Cleaning Oven, Wall Oven, Washer
- Furnishings: Turnkey
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Primary Bathroom: Dual Sinks, Jetted Tub, Separate Tub And Shower
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Master BR Upstairs
Other Rooms
- Kitchen: Pantry
- Dining Room: Breakfast Bar, Dining - Family
- Laundry: Inside
Additional Information
- Shared Amenities: Beach Access, Bike Storage, Pool, Extra Storage, Internet Access, Non-Gated
- Security/Safety: Security System, Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Storage
- Porch/Patio/Deck: Open Porch/Lanai, Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: 2+ Spaces, Covered, Garage Door Opener, Attached
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: TIGUA CAY CONDO
- Building Name: TIGUA CAY CONDO
- Driving Directions: From the Sanibel Causeway, continue onto Periwinkle Way. Turn right onto Donax St, then left onto E Gulf Dr. Property will be on the right.
- Direction Faces: Northwest
School Information
- Elementary School: THE SANIBEL SCHOOL
- Middle School: CYPRESS LAKE HIGH SCHOOL
- High School: SOUTH FORT MYERS HIGH SCHOOL
Community
- Association: Yes
- Assoc. Fees Include: Insurance
- Units Assoc/Comm: 4
- Pets Allowed: Yes
- Number of Pets: 2
- Management Type: Condo
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric, Fireplace(s)
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Underground Utilities, Cable Available
Structural Information
- Description/Design: Townhouse
- Structure Type: Duplex
- Exterior Const.: Concrete Block, Elevated, Wood Frame, Stucco
- Roof: Built-Up or Flat, Rolled/Hot Mop
- Common Walls: Corner, End Unit
- Windows: Impact Resistant, Single Hung, Sliding, Impact Resistant Windows, Shutters Electric, Window Coverings
- Entry Floor Number: 2
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 2,244
- Sq. Ft. Source: Floor Plan Service
- Living Area: 2,244 Sq. Ft.
- Year Built: 1982
Lot Features
- Property View: Gulf, Landscaped Area, Partial Buildings, Pool/Club, Water
- Lot Size (Acres): 0.0807
- Lot Size (Sq. Ft.): 3,515
- Lot Size Source: Architectural Plans
- Frontage: Public Road
- Street/Road Desc.: Paved
- Irrigation System: Central
- Lot Features: Across From Beach Access
- Lot Description: Across From Beach Access
Water Features
- Water Front: Yes
- Gulf Access: Yes
- Water Front Desc.: Gulf Frontage, On the Gulf Beach
- Canal Width: None
Financial Considerations
- Association Fee: $8,000
- Assoc Fee Freq.: Quarterly
- Application Fee: $100
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Condo
- Legal Description: TIGUA CAY CONDO OR 1649 PG 2645 UNIT 487
- Property ID: 20-46-23-T3-03100.4870
- Section: 20
- Block: 3100
- Lot Number: 487
Listed by EXP Realty LLC
Sold by EXP Realty LLC
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Schools
Schools serving 487 E Gulf Dr
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Sanibel School 3840 Sanibel Captiva Road, Sanibel, FL 33957 | 6-8 | 5.6 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 10.3 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 10.1 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 12.7 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 15.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 487 E Gulf Dr
Date
Details
Price
Change
Source
9/23/2025
Sold
$975,000
-2.49%
MLS
8/14/2025
Listed
$999,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
487 E Gulf Dr, Sanibel, FL 33957 (MLS# 225065528) is a Duplex property that was sold at $975,000 on September 23, 2025. Want to learn more about 487 E Gulf Dr? Do you have questions about finding other Duplex real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

