This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/18
$699,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/18
Property Description
Go into an extraordinary offering, this unit can also be purchased along with the neighboring unit (204) offering an unprecedented chance to craft a custom, top-floor four-bedroom, four-bath penthouse encompassing nearly 2,000 square feet of refined living space. Positioned in a new, state-of-the-art building engineered to meet the challenges of future storms, this is more than a home, it's a legacy in the making. Configured as two adjacent mirror-image residences, each with two bedrooms and two baths, the layout lends itself beautifully to seamlessly merge. With the bedrooms placed along the perimeter, envision a grand central living and entertaining space flanked by private, sun-drenched retreats. Or, if you prefer, go into a rare and exhilarating opportunity to craft your coastal masterpiece on the sun-drenched shores of Sanibel Island. This two-bedroom, two-bath beachfront condominium isn't just a property, it's a blank canvas perched at the edge of paradise, waiting for your design vision to come to life. With the top floor location, 9-foot ceilings and a full wall of impact-rated windows, the residence is poised to offer endless views of the shimmering Gulf, southward as far as the eye can see down the Gulf Coast of Florida. Imagine mornings bathed in golden light, days spent exploring world-class shelling spots or drifting lazily under the Florida sun, and evenings colored by moonlight illuminating the surf right from your future living room. On Sanibel's desirable east end, the condominium sits near bike paths that weave through the island's lush natural beauty. A short ride connects you to the historic lighthouse, charming shops, local ice cream haunts and beloved restaurants. Water sports, beach walks and total tranquility, this is island living, elevated and reimagined. Modern construction. Coastal elegance. Endless possibilities. This is more than a rebuild. It's your beachfront legacy.
Full Property Details
Full Property Details for 527 E Gulf Dr #203
General
- Price: $699,000
- HOA FEE: $575/month
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 225041540
- Updated: 12/10/2025
- Added to Site: 266 day(s) ago
Rental Information
- Lease/Rent Term: 7
- Min. Lease (Days): 7
Interior
- Interior Features: Common Elevator, Other
- Appliances: Other
- Furnishings: Unfurnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: See Remarks
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Dining Room: Dining - Living
Additional Information
- Shared Amenities: Beach Access, Pool, Non-Gated
Exterior
- Porch/Patio/Deck: Screened Lanai/Porch, Patio
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: GULF BEACH CONDO
- Building Name: GULF BEACH CONDO
- Direction Faces: North
Community
- Association: Yes
- Units Assoc/Comm: 14
- Pets Allowed: Yes
- Number of Pets: 2
- Management Type: Professional
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: Low Rise (1-3)
- Roof: Built-Up or Flat
- Windows: Other
- Entry Floor Number: 2
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 986
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 986 Sq. Ft.
- Year Built: 1978
- Other Struct. Feat.: Elevator
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.2066
- Lot Size (Sq. Ft.): 8,999
- Lot Size Source: Property Appraiser Office
- Irrigation System: Central
- Lot Features: Across From Waterfront
- Lot Description: Across From Waterfront
Water Features
- Water Front: Yes
- Water Front Desc.: Gulf Frontage
- Canal Width: None
Financial Considerations
- Association Fee: $575
- Assoc Fee Freq.: Monthly
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Condo
- Legal Description: GULF BEACH CONDO OR 1279 PG 727 APT 203
- Property ID: 20-46-23-T3-02900.2030
- Section: 20
- Block: 2900
- Lot Number: 203
Listed by Premier Sotheby's Int'l Realty
Get Pre-Approved Today
Schools
Schools serving 527 E Gulf Dr #203
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Sanibel School 3840 Sanibel Captiva Road, Sanibel, FL 33957 | 6-8 | 5.5 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 10.4 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 10.2 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 12.8 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 15.6 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 527 E Gulf Dr #203
Date
Details
Price
Change
Source
5/15/2025
Price Reduced
$699,000
-6.68%
MLS
4/25/2025
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 527 E Gulf Dr #203
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,612
-1%
$256,417
—
2024
$3,646
-51%
$256,417
-50%
2023
$7,448
27%
$517,029
-33%
2021
$5,842
1%
$769,671
66%
2022
$5,788
-1%
$462,794
4%
2021
$5,842
2%
$443,111
4%
2018
$5,728
—
$425,073
-2%
2019
$5,723
—
$433,149
4%
2017
$5,732
—
$416,330
2%
2016
$5,704
-2%
$407,767
-15%
2015
$5,815
—
$478,100
-5%
2014
$5,820
—
$501,600
2%
2013
$5,845
—
$492,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 527 E Gulf Dr #203
527 E Gulf Dr #203, Sanibel, FL 33957 (MLS# 225041540) is a Single Family property with 2 bedrooms and 2 full bathrooms. 527 E Gulf Dr #203 is currently listed for $699,000 and was received on April 25, 2025. Want to learn more about 527 E Gulf Dr #203? Do you have questions about finding other Single Family real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

