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527 E Gulf DR 203 SANIBEL, FL 339571 / 19

$1,095,000

527 E Gulf DR 203

location_onSANIBEL, FL 33957 · Lee County

2Beds2Baths986Sq Ft1978Built

About This Property

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.

infoProperty Details

Property Type
Low Rise (1-3)
Year Built
1978
Living Area
986 sqft
Lot Size
0.21 acres
Bedrooms
2
Bathrooms
2
Garage Spaces
0
Ownership
Condo
Days on Market
355
List Date
Apr 25, 2025
Annual Taxes
$4K (2024)
HOA Fee
$575 / Monthly

chairInterior Features

Appliances

Other

Flooring

Other

Cooling

Central Electric

Heating

Central Electric

yardExterior & Lot

Roof

Built-Up or Flat

Waterfront

Gulf Frontage

View

Gulf

Listed By

Premier Sotheby's Int'l Realty

239-472-2735