827 E Gulf Drive L1 Sanibel, FL $ 749,000
827 E Gulf Drive L1
$ 749,000
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827 E Gulf Drive L1

Sanibel, FL, 33957
$ 749,000
Bedrooms2 Baths2.0 Sq 1,040

Monthly Estimate*

$ 4,612

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Condo for sale in Sanibel, FL

for $749,000 with 2 bedrooms and 2 full baths. This 1,040 square foot condo was built in 1974.

This stunning Gulf-view condo offers everything you need for a perfect coastal retreat or a solid investment. Featuring 2 beautifully renovated bedrooms and 2 baths, the condo exudes charm and comfort. Step outside and enjoy the gorgeous beach just moments away, or take advantage of the canal for some peaceful boating. The amenities are exceptional with a pool, tennis courts, and the opportunity for impressive rental income. With on-site rental management bringing in over $75,000 per year, the potential for return on investment is fantastic. Plus, Sanibel Arms West is about to open for rentals, offering even more opportunities to capitalize on this prime location. Don’t miss out on this incredible opportunity—whether you’re looking for a vacation home or a lucrative rental property, this condo checks all the boxes!

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Condo Active

Price

$ 749,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 1,840

Style

Florida, Low Rise

Year Built

1974

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

225008077

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available
Possession Subject To Tenant Rights
Roof Built-Up Flat
Appliances Dryer Dishwasher Freezer Disposal Microwave Range Refrigerator Washer
HOA Fee 0
Garage Spaces 0
Association Fee Includes Association Management Cable TV Insurance Internet Irrigation Water Laundry Legal/Accounting Maintenance Grounds Pest Control Sewer Trash Water
Patio/Porch Features Lanai Porch Screened
Architectural Style Florida Low Rise
Pool Features Community
Security Features Smoke Detector(s)
Construction Materials Block Concrete Stucco
Pets Allowed No
Year Built 1974
View Bay Gulf Partial
Unit Number L1
Property Subtype Condominium
Tax Year 2023
Ownership Condo
Waterfront Features Gulf
Community Features Condo Hotel Community Near Hotel/Motel
HOA Fee 2 0
County Lee
Property Type Residential
Association Amenities Beach Rights Basketball Court Boat Dock Beach Access Boat Ramp Bike Storage Clubhouse Laundry Pool Storage Tennis Court(s) Management
HOA true
Subdivision Name SANIBEL ARMS WEST CONDO
Facing Direction Northeast
Garage Y/N false
Total Rooms 0
Full Baths 2
Status Active
Directions From Causeway Rd continue straight on Lindgren Blvd - Make left on East Gulf Drive - Sanibel Arms West is on the right. Check in office is on the left.
City Sanibel
Disclosures Owner Has Flood Insurance
Land Lease Amount 0
Senior Community Y/N false
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Carport Spaces 0
Carport Y/N false
Tax Annual Amount 1840.76
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/225008077
Structure Type Low Rise
Standard Status Active
Tax Lot 1
Property Sub Type Additional Condominium
Legal Description SANIBEL ARMS WEST CONDO OR 841 PG 619 APT L-1
Assoc/CIC Condominium
HOA Fee 3 1618
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Interior
Interior Amenities Breakfast Bar Living/Dining Room Shower Only Separate Shower Cable TV High Speed Internet Split Bedrooms
Flooring Tile
Furnished Y/N Unfurnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 0
Laundry Features Common Area Inside
Total Bedrooms 2
Entry Level 1
Room Type Screened Porch
Total Baths 2
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Exterior
Exterior Amenities Security/High Impact Doors Outdoor Shower Tennis Court(s)
Lot Features Oversized Lot
Water Source Public
Lot Size Area 0
Spa false
Building Area Total 1260
Lot Size Acres 0
Private Pool false
Waterfront Y/N true
Covered Spaces 0
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* Excluded Features
List By
Rose Dakos

Listing Agent

Royal Shell Real Estate, Inc.

Broker

rosedakos@gmail.com

Email

Affordability Calculator

$4,765
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,612
Monthly Property Taxes
$153
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$749,000 Listed Price

Map


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827 E Gulf Drive L1, Sanibel, FL, 33957 is a Condo for sale at $749,000 with 1,040 sqft. 827 E Gulf Drive L1 has 2 bedrooms, 2.0 baths, and was built in 1974. The property's zip code is 33957 which is in Sanibel, FL