527 E Gulf DR 204

$1,095,000

  • 986 sqft
  • 2 Beds
  • 2 Baths
  • 0 Garages

General Information

  • List Price : $1,095,000
  • City : SANIBEL
  • Acres : 0.2066
  • MLS Area : 1102
  • Status Type : Known Damage
  • Approx. Living Area : 986
  • Furnished : Unfurnished
  • Date Created : 2025-10-09
  • MLS Number : 2025014414
  • State Or Province : FL
  • Subdivision : GULF BEACH CONDO
  • County : Lee
  • Bedrooms : 2
  • Approx. Total Area : 1102
  • Year Built : 1978
  • Potential Short :
  • DOM : 193
  • Address : 527 E Gulf DR 204
  • Postal Code : 33957
  • Development : Array
  • Property Type : Residential
  • Bath Full : 2
  • Price per Sq Ft : $122
  • Property Id : 20-46-23-T3-02900.2040
  • Status : Active
  • CDOM : 369

Description

This is an exceptionally rare pre-construction opportunity to secure a Gulf-front residence on Sanibel Island, an offering that has not been seen in decades. New beachfront development on the island is virtually unheard of, making this a moment of true significance for those who understand the long-term value of scarcity, timing, and vision. For the discerning buyer, this is not simply a purchase, but an opportunity to become part of a limited and highly anticipated new coastal enclave before completion, with the ability to shape the final expression of the unit. 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 of construction. This approach provides a level of flexibility rarely available in new development, allowing the future owner to curate every interior detail, from layout refinement and architectural elements to bespoke finishes and materials, resulting in a truly personalized beachfront retreat. Set along a pristine stretch of Sanibel’s world-renowned shoreline, the two-bedroom, two-bath residence is thoughtfully designed to capture sweeping, panoramic views of the Gulf. Elevated ceiling heights enhance volume and light, while a dramatic wall of impact-rated glass along the Gulf side frames endless horizons and ever-changing coastal light. Built to the latest construction standards, the residence combines modern resilience with the refined simplicity of contemporary coastal design, offering both beauty and peace of mind in a setting defined by nature. For those seeking even greater scale and customization, an additional and unprecedented opportunity exists to acquire the neighboring residence, Unit 203. Together, the 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 positioned along the perimeter would allow for a grand, light-filled central living and entertaining space, flanked by private, sun-drenched retreats, an exceptionally rare configuration on Sanibel. Located on the island’s highly desirable east end, the setting offers both privacy and connection. Scenic bike paths wind through lush natural landscapes, leading to the historic lighthouse, charming boutiques, beloved local dining, and the understated character that has defined Sanibel for generations. This is more than new construction. It is the rare convergence of timing, location, and possibility; an opportunity to secure a Gulf-front residence in its earliest phase, to design a home that reflects your vision, and to establish a lasting coastal legacy in one of Florida’s most treasured island communities.

Provided by Premier Sotheby's Int'l Realty

Detailed Property Information

  • Ownership : Condo
  • Waterfront Y/N : 1
  • Boat Access : None
  • Cooling : Central Electric
  • Kitchen :
  • Amenities : Beach Access, Pool
  • Restrictions : None/Other
  • Building Design :
  • View : Gulf
  • Waterfront Desc : Gulf Frontage
  • Elementary School :
  • High School :
  • Floor Plan Type : Other
  • Private Pool Y/N :
  • Bedroom Desc :
  • Equipment : Other
  • Additional Rooms : Screened Lanai/Porch
  • Storm Protection : Other
  • Building Features :
  • Community Type : Non-Gated
  • Gulf Access Y/N :
  • Gulf Access Type :
  • Middle School :
  • Pets : Limits
  • Heating :
  • Windows :
  • Flooring :
  • Private Spa Y/N :
  • Dining Desc : Dining - Living
  • Exterior Features : Screened Lanai/Porch

Unit / Building Information

  • Unit Floor : 2
  • Unit Number : 204
  • Construction :
  • Total Floors : 2
  • Units in Building : 14
  • Elevator : Common
  • Building Desc : Other
  • Units in Complex : 14
  • Roof : Built-Up

Lot Information

  • Rear Exposure : S
  • Range :
  • Sewer :
  • Lot Unit :
  • Section :
  • Irrigation : Central
  • Block : 2900
  • Township :
  • Water : Central
  • Lot Desc : Irregular Lot

Financial Information

  • Condo Fee : 0
  • Approval :
  • Tax Year : 2024
  • Condo Fee Freq :
  • Management : Professional
  • Possession : Array
  • Tax Desc : GULF BEACH CONDO OR 1279 PG 727 APT 204
  • Maintenance : Other

Additional Details

  • Amenities :
  • County Or Parish : Lee
  • Foreclosed REOYN :
  • Gulf Access YN :
  • Irrigation : Central
  • Legal Unit :
  • Lot Type :
  • Management : Professional
  • Master HOA Fee Freq :
  • Original List Price : 699000
  • Parcel Number : 20-46-23-T3-02900.2040
  • Planned Use :
  • Postal Code Plus :
  • Property Type : Residential
  • Restrictions : None/Other
  • Section :
  • Source of Measurements :
  • State Or Province : FL
  • Street Dir Prefix : E
  • Street Number : 527
  • Sub Condo Name :
  • Unit Number : 204
  • View : Gulf
  • Waterfront YN : 1
  • CDOM : 369
  • Close Date :
  • Community Type : Non-Gated
  • Date Created : 2025-10-09
  • Full Address : 527 E Gulf DR 204
  • Last Change Timestamp : 2026-04-20T13:55:22.690Z
  • List Price : $1,095,000
  • Lot Unit :
  • Mandatory Club Fee Freq :
  • MLS Area Major : SI01 - Sanibel Island
  • Photo Count : 24
  • Possession : Array
  • Potential Short Sale YN :
  • Range :
  • Road :
  • Sewer :
  • Status : Active
  • Street Dir Suffix :
  • Subdivision Info : GULF BEACH CONDO
  • Table : Residential
  • Township :
  • Water : Central
  • Zoning Code:
  • Association Mngmt Phone : (239) 472-2735
  • Boat Access : None
  • Canal Width : $None
  • City : SANIBEL
  • Condo Fee : 0
  • Condo Fee Freq :
  • Current Price : $1,095,000
  • DOM : 193
  • Elevation :
  • Gulf Access Type :
  • Master HOA Fee Freq : 0
  • Land Lease Fee Freq :
  • Last Change Type :
  • Legal Desc :
  • Maintenance : Other
  • Mandatory HOA Y/N : 575
  • Matrix Modified DT : 2026-04-20T14:03:28.688Z
  • MLS Number : 2025014414
  • Other PI Ds :
  • Photo Modification Timestamp : 2026-04-20T14:02:29.125Z
  • Postal Code : 33957
  • Price Per Acre : 5,300,097
  • Rear Exposure : S
  • Room Count : 0
  • Source of Measure Lot Dimensions :
  • Status Type : Known Damage
  • Street Name : Gulf
  • Street Suffix : DR
  • Tax Desc : GULF BEACH CONDO OR 1279 PG 727 APT 204
  • Tax Year : 2024
  • Trees :
  • Utilities Available :
  • Waterfront Desc :
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527 E Gulf DR 204

$1,095,000