Date
Details
Price
Change
Source
10/22/2026
Listed
$1,095,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/11
$1,095,000 Just Listed
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Property Description
This is a rare pre-construction opportunity to purchase in one of Sanibel Island's first new Gulf-front condominium developments in decades. The existing building will be demolished, and a brand-new structure will be built to current codes and construction standards. Positioned on a prime stretch of Sanibel's Gulf shoreline, this two-bedroom, two-bath residence will offer panoramic Gulf views, elevated ceiling heights, and a full wall of impact-rated glass along the waterfront. Built to modern structural standards, the new development will be one of the very few condos built to current hurricane ratings, designed for durability, safety, and low-maintenance coastal living. The current owners are conveying their share in the association and will pay the $440,000 assessment at closing. Upon completion of the building construction, the residence will be delivered in "white box" condition, allowing the new owner to fully customize the interior layout, finishes, and final design. An additional opportunity exists to purchase the neighboring unit, 204.Together, the two mirror-image top-floor residences could be combined into an approximately 2,000-square-foot, custom penthouse with four bedrooms and four baths-an uncommon configuration on Sanibel. Located on Sanibel's desirable east end, the property offers convenient access to bike paths, the historic lighthouse, local shops, dining, and the island's renowned beaches. This is a unique chance to secure new Gulf-front construction and tailor a beachfront residence to your exact specifications. Once the construction is complete, there will be nothing comparable on the island.
Full Property Details
Full Property Details for 527 E Gulf Dr #203
General
- Price: $1,095,000
- HOA FEE: $575/month
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026044079
- Updated: Today (10/22/2026)
- Added to Site: Today
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
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— 527 E Gulf Dr #203 —
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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 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 |
Estero High School 21900 River Ranch Road, Estero, FL 33928 | 9-12 | 14.4 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 15.6 mi |
Bonita Springs High School 25592 Imperial Parkway, Bonita Springs, FL 34135 | 9-12 | 16.9 mi |
Dunbar High School 3800 Edison Avenue, Fort Myers, FL 33916 | 9-12 | 17.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 527 E Gulf Dr #203
Tax History
Tax History for 527 E Gulf Dr #203
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,631
—
$282,059
10%
2025
$3,631
—
$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
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- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
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- Single Family
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 2,100Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 2Beds
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- 1,115Sq. Ft.
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527 E Gulf Dr #203, Sanibel, FL 33957 (MLS# 2026044079) is a Single Family property with 2 bedrooms and 2 full bathrooms. 527 E Gulf Dr #203 is currently listed for $1,095,000 and was received on October 22, 2026. 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.