527 E Gulf DR Unit 203, Sanibel, FL 33957
- $1,095,000
- 2
- BD
- 2
- BA
- 986
- SqFt
- List Price
- $1,095,000
- Listing Price
- $1,095,000
- Price Change
- ▲ $496,000 1772071705
- MLS#
- 225041540
- Status
- ACTIVE
- Bedrooms
- 2
- Beds + Den
- 2 Bed
- Bathrooms
- 2
- Living Sq. Ft
- 986
- Property Class
- Condo
- Building Design
- Low Rise (1-3)
- Status Type
- Known Damage
- County
- Lee
- Region
- SI01 - Sanibel Island
- Development
- Gulf Beach Condo
- Building Name
- Gulf Beach Condo
Property 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.
/u.realgeeks.media/chrisreetz/Lux-PPR-Black-PNG.png)
Additional Information
- Year Built
- 1978
- furnished
- Unfurnished
- Pets
- Limits
- Amenities
- Beach Access, Pool
- Community Type
- Non-Gated
- View
- Gulf
- Boat Access
- None
- Waterfront Description
- Gulf Frontage
- Building Description
- Other
- Acres
- 0.21
- Restrictions
- None/Other
- Rear Exposure
- S
- Roof
- Built-Up
- Exterior Features
- Screened Lanai/Porch
- Water
- Central
- Cooling
- Central Electric
- Interior Features
- Other
- Equipment/Appliances Included
- Other
- Rooms
- Screened Lanai/Porch
- Tax Year
- 2024
- Total Annual Recurring Fees
- $6900
- HOA Fee
- $575
Mortgage Calculator
Courtesy of Premier Sotheby's Int'l Realty.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.