1 Bed Waterfront Home for Sale in Sanibel Arms
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For SaleMLS# 2026004371

$299,000

1 Bed Waterfront Home for Sale in Sanibel Arms

805 E Gulf Drive A7, Sanibel, FL, 33957

1 beds1 baths638 sqft
GatedBoatingBeach AccessClubhouseCommunity PoolWaterfront

About this home

Welcome to Unit A7 in the Original Sanibel Arms Complex — a rare opportunity to secure your place in one of Sanibel’s most beloved communities. The complex is currently undergoing a full renovation following Hurricane Ian, with completion anticipated in April 2026. Once finished, Sanibel Arms will feel beautifully refreshed with new impact windows, freshly painted exteriors, and revitalized amenities that will make the entire property feel like new. This inviting 1-bedroom, 1-bath dockside condo overlooks the tranquil canal and offers direct boating and kayaking access to the Gulf — a dream for anyone who loves exploring Sanibel’s waterways, wildlife, and natural beauty. When completed, a short walk will bring you to the heated community pool and Sanibel’s iconic white-sand beaches. From here, you can bike to the Lighthouse, browse nearby shops, or stop for your favorite ice cream — the quintessential island lifestyle. Inside the unit, you’ll find new impact windows and doors, a new tankless water heater, new A/C, new recessed lighting, plumbed for a w/d and an updated electrical panel. The flooring, kitchen, and bath remain from pre-Ian and were not damaged, offering a solid foundation for your personal touches or future updates. Sanibel Arms has long been known as one of the best values on the island, when completed it will be offering manicured grounds, a welcoming clubhouse, attentive on-site management, and canal-side dockage for boaters and adventurers. Spend your days kayaking, watching dolphins glide by, or strolling the family-friendly beaches along the natural Gulf shoreline. Whether you’re seeking a personal getaway or a smart investment, Unit A7 offers exceptional potential in a community on the rise.

Property details

Type
Condominium
Year built
1971
Interior
638 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
132
Total association fees
$8,256/yr (~$688/mo)
CDD
None
Est. taxes (1.4%)
$4,186/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
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

AssociationManagementCableTvInsuranceInternetLaundryLegalAccountingMaintenanceGroundsPestControlRecreationFacilities

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BeachRightsBoatDockBoatRampClubhouseLaundryBarbecuePicnicAreaPoolBeachAccessManagement
Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

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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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
429 E Gulf Drive C54Nov 2025$225,0001/1600$375
1501 Middle Gulf Drive I-101Nov 2025$365,0001/1778$469
Average2 comps$295,000$422

Market trends, Sanibel

Median list
$984,250
Median $/sqft
$608
Median sold (90d)
$877,000
Avg days on market
178
Active listings
242
Median sold price · Sanibel
$881,000last 3 months16.1% vs $1,050,000 prior 3 months
Median closed price by month · Sanibel
4.1% MoM3.3% YoY
$458k$879k$1.3MJul ’25Aug ’26
$885,000Aug ’26 · 21 sales

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.

Price & status history

Down $40,000 (11.8%) from the original list price.

Jun 13, 2026Price reducedfrom $339,000$299,000
Feb 1, 2026Listed$339,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1971 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceHigh
Hospital
10.6 mi
HealthPark Medical Center
Beach
4.8 mi
Sanibel Island
Airport
14.5 mi
Page Field (Fort Myers)
Shopping
12.7 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.