Date
Details
Price
Change
Source
2/20/2026
Listed
$389,000
—
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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Property Description
Looking for the perfect island investment at a majorly reduced price? Sanibel Arms D5 presents a rare chance to secure your place in one of Sanibel's most beloved beachfront communities during its exciting renewal phase. This complex is undergoing comprehensive renovations with anticipated completion in Summer of 2026. The transformation includes new impact windows, freshly painted exteriors, and revitalized amenities designed to make the entire property feel like new. This inviting 2-bedroom, 2-bath condo with a washer and dryer, offers the ideal blend of comfort, value, and future upside. Direct boating and kayaking access to the Gulf makes this a dream location for those who love exploring Sanibel's waterways, spotting wildlife, and enjoying the island's natural beauty. Once renovations are complete, a short stroll will lead you to the heated community pool and Sanibel's iconic white sand beaches. The location places you right in the heart of the island lifestyle - bike to the Lighthouse, visit nearby shops and restaurants, or enjoy an evening ice cream after a sunset walk on the beach. This is the Sanibel experience buyers dream about. Inside the residence, you'll find numerous updates already in place, including new impact windows and doors, tankless water heater, new A/C, recessed lighting, updated electrical panel, and large tile flooring throughout. The unit was fully updated prior to Ian and was not damaged, showcasing a newer kitchen and bathrooms. With some furniture remaining, the space is ready for your personal finishing touches. Sanibel Arms has long been known as one of the island's best values. Upon completion, owners and guests will enjoy manicured grounds, a welcoming clubhouse, on-site management, and canal-side dockage for boating enthusiasts. Spend your days kayaking, watching dolphins glide by, or relaxing on Sanibel's family-friendly shoreline. Whether you're searching for a personal retreat or a savvy investment in Sanibel's ongoing recovery and revitalization, this is a standout opportunity to buy into a community on the rise - and enjoy the rewards for years to come.
Full Property Details
Full Property Details for 805 E Gulf Dr #5-D
General
- Price: $389,000
- HOA FEE: $1,130/month
- Taxes: $984 (2025)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 2026007809
- Updated: Today (2/20/2026)
- Added to Site: Today
Rental Information
- Lease/Rent Term: 7
- Min. Lease (Days): 7
Interior
- Interior Features: Family Room, Wired for Data
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator with Icemaker, Washer
- Furnishings: Partially
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Dining Room: Breakfast Bar, Dining - Living
- Laundry: Common Area, Inside
Additional Information
- Shared Amenities: Barbecue (Picnic), Beach Access, Clubhouse, Community Boat Dock, Community Boat Slip, Community Gulf Boat Access, Pool, Non-Gated
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Wooden Dock, Courtyard
- Porch/Patio/Deck: Screened Lanai/Porch
Parking
- Parking Features: 1 Assigned, Golf Cart Garage, Paved
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: SANIBEL ARMS
- Building Name: SANIBEL ARMS
- Driving Directions: USE GPS
- Direction Faces: Northeast
Community
- Association: Yes
- Assoc. Fees Include: Cable TV, Insurance, Irrigation Water, Laundry Facilities, Maintenance Grounds, Legal/Accounting, Manager, Pest Control Exterior, Rec Facilities, Sewer, Trash, Water
- Units Assoc/Comm: 64
- Pets Allowed: Yes
- Management Type: On-Site
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), 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)
- Exterior Const.: Concrete Block, Stucco
- Roof: Built-Up or Flat
- Common Walls: Corner, End Unit
- Windows: Impact Resistant, Sliding, Impact Resistant Windows, Window Coverings
- Doors: Impact Resistant Doors
- Entry Floor Number: 2
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 902
- Sq. Ft. Source: Condo Documents
- Living Area: 902 Sq. Ft.
- Year Built: 1971
Lot Features
- Property View: Landscaped Area, Pool/Club
- Lot Size Source: Property Appraiser Office
- Street/Road Desc.: Paved
- Irrigation System: Central
- Lot Features: Zero Lot Line
- Lot Description: Zero Lot Line
Water Features
- Water Front: Yes
- Water Front Desc.: Gulf Frontage, On the Gulf Beach
- Canal Width: None
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $1,130
- Assoc Fee Freq.: Monthly
- Tax Amount: $984
- Tax Year: 2025
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Condo
- Legal Description: SANIBEL ARMS CONDOMINIUM BLDG D OR 682 PG 691 APT 5
- Property ID: 29-46-23-T1-0030D.0050
- Section: 29
- Block: 30D
- Lot Number: 5
Listed by Pfeifer Realty Group LLC
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— 805 E Gulf Dr #5-D —
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Price & Sales History for 805 E Gulf Dr #5-D
Tax History
Tax History for 805 E Gulf Dr #5-D
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,006
-2%
$71,433
—
2024
$1,028
-51%
$71,433
-51%
2023
$2,098
-59%
$144,798
-59%
2021
$5,069
-5%
$355,348
-9%
2022
$5,356
6%
$391,835
12%
2021
$5,069
3%
$351,263
4%
2019
$4,930
-2%
$338,343
—
2018
$5,047
-3%
$339,150
-1%
2017
$5,196
8%
$342,380
11%
2016
$4,797
—
$309,339
1%
2015
$4,804
9%
$307,000
10%
2014
$4,405
9%
$278,000
13%
2013
$4,035
—
$245,500
—
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 805 E Gulf Dr #5-D
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805 E Gulf Dr #5-D, Sanibel, FL 33957 (MLS# 2026007809) is a Single Family property with 2 bedrooms and 2 full bathrooms. 805 E Gulf Dr #5-D is currently listed for $389,000 and was received on February 20, 2026. Want to learn more about 805 E Gulf Dr #5-D? 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.