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*

$ 4,673

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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, LowRise

Year Built

1974

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

225008077

Features
Interior
Interior Amenities BreakfastBar LivingDiningRoom ShowerOnly SeparateShower CableTv HighSpeedInternet SplitBedrooms
Flooring Tile
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features ImpactGlass
Fireplace Y/N N
Half Baths 0
Laundry Features CommonArea Inside
Total Bedrooms 2
Entry Level 1
Room Type ScreenedPorch
Total Baths 2
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General
Sewer PublicSewer
Heating Central Electric
Cooling CentralAir CeilingFans Electric
Utilities CableAvailable
Possession SubjectToTenantRights
Roof BuiltUp Flat
Appliances Dryer Dishwasher Freezer Disposal Microwave Range Refrigerator Washer
HOA Fee 0.0
Garage Spaces 0.0
Association Fee Includes AssociationManagement CableTv Insurance Internet IrrigationWater Laundry LegalAccounting MaintenanceGrounds PestControl Sewer Trash Water
Patio/Porch Features Lanai Porch Screened
Architectural Style Florida LowRise
Pool Features Community
Security Features SmokeDetectors
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
Development Name SANIBEL ARMS WEST CONDO
Waterfront Features Gulf
Community Features CondoHotelCommunity NearHotelMotel
HOA Fee 2 0.0
County Lee
New Construction N
Property Type Residential
Association Amenities BeachRights BasketballCourt BoatDock BeachAccess BoatRamp BikeStorage Clubhouse Laundry Pool Storage TennisCourts Management
HOA Y
Attached Garage N
Subdivision Name SANIBEL ARMS WEST CONDO
Facing Direction Northeast
Garage Y/N N
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 OwnerHasFloodInsurance
Land Lease Amount 0.0
Senior Community Y/N N
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Carport Spaces 0.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1840.76
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/225008077
Structure Type LowRise
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 1618.0
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Exterior
Exterior Amenities SecurityHighImpactDoors OutdoorShower TennisCourts
Lot Features OversizedLot
Water Source Public Public
Lot Size Area 0.0
Horses N
Spa N
Irrigation/Water Rights N
Gulf Access Type Bridges Water Indirect
Gulf Access Y
Building Area Total 1260.0
Lot Size Acres 0.0
Private Pool N
Waterfront Y/N Y
Covered Spaces 0.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Rose Dakos

Listing Agent

Royal Shell Real Estate, Inc.

Broker

rosedakos@gmail.com

Email

Affordability Calculator

$4,826
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,673
Monthly Property Taxes
$153
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/8/2025$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