$425,000
1 Bed Waterfront Home for Sale in Sanibel
845 E Gulf Drive 142, Sanibel, FL, 33957
About this home
Located within the Gulf-front community of Sanibel Moorings, this inviting 1-bedroom, 1-bath condo offers the perfect blend of relaxed island living and income-producing potential. Thoughtfully designed for comfort and ease, the residence features an open living and dining area with soft coastal tones, plantation shutters, and a welcoming layout ideal for everyday enjoyment or vacation stays. The well-equipped kitchen flows seamlessly into the dining space, making it easy to entertain or enjoy quiet evenings in. The spacious bedroom provides a peaceful retreat after a day spent on the beach, while the screened lanai offers a tranquil spot to enjoy tropical breezes and lush surroundings; perfect for morning coffee or unwinding at the end of the day. Sanibel Moorings is a well-established Gulf-front resort community known for its beautifully landscaped grounds and outstanding amenities, including an on-site rental and management office, resort-style pool, tennis and pickleball courts, clubhouse, and direct access to miles of shell-laden white-sand beach; a hallmark of Sanibel Island living. Situated on the east end of Sanibel Island, the location provides convenient access to island shopping, dining, bike paths, and the historic Sanibel Lighthouse, while still offering a peaceful coastal escape. Whether you’re searching for a personal island getaway, a lock-and-leave vacation home, or a turnkey rental opportunity in one of Sanibel’s most desirable Gulf-front communities, this condo delivers the lifestyle and flexibility that make Sanibel Island so special.
Property details
- Type
- Condominium
- Year built
- 1973
- Interior
- 612 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 182
- Total association fees
- $16,632/yr (~$1,386/mo)
- CDD
- None
- Est. taxes (1.4%)
- $5,950/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — Gulf frontage
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Call, Conditional
- County
- Lee
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 671 E Gulf Drive 4B2 | Feb 2026 | $510,000 | 1/1 | 601 | $849 |
| 671 E Gulf Drive 1B3 | Mar 2026 | $500,000 | 1/1 | 601 | $832 |
| 1501 Middle Gulf Drive I-101 | Nov 2025 | $365,000 | 1/1 | 778 | $469 |
| 1501 Middle Gulf Drive 305F | Feb 2026 | $430,000 | 1/1 | 728 | $591 |
| 1501 Middle Gulf Drive 102I | Sep 2025 | $470,000 | 1/1 | 778 | $604 |
| Average | 5 comps | $455,000 | $669 |
Market trends, Sanibel
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- Built 1973 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$16,632/yr)
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.