$330,000
1 Bed Waterfront Home for Sale in Sanibel Arms
805 E Gulf Drive B4, Sanibel, FL, 33957
About this home
Totally rebuild one bedroom, one bathroom condo at Sanibel Arms on Sanibel's desirable East End. Beachfront complex with weekly rentals allowed. One of only 4 one bedroom units at Sanibel Arms with a private lanai. Tile floors throughout, tiled bathroom, quartz countertops in kitchen and bathroom. Stainless Steel appliances. All impact windows and glass sliding doors. End unit has 3 additional windows as compared to the other one bedroom units at Sanibel Arms. Unit did NOT flood during Helene or Milton; the unit is partly elevated from street level. Laundry hookup in unit. Sanibel Arms offers beach access, a community pool, boat docking, clubhouse and storage.
Property details
- Type
- Condominium
- Year built
- 1971
- Interior
- 677 sqft
- Lot size
- 3,558.852 sqft
- Acreage
- 0.08 acres
- Garage
- None
- Days on market
- 8
- Total association fees
- $15,360/yr (~$1,280/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,620/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
- 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
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.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 1501 Middle Gulf Drive I-101 | Nov 2025 | $365,000 | 1/1 | 778 | $469 |
| Average | 1 comps | $365,000 | $469 |
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
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1971 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$15,360/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.
Similar homes nearby
$299,000
MLS# 2026004371805 E Gulf Drive A7, Sanibel, FL, 33957
$380,000
MLS# 20250165321610 Middle Gulf Drive A3, Sanibel, FL, 33957
$389,000
MLS# 225006030760 Sextant Drive 612, Sanibel, FL, 33957
$375,000
MLS# 202601198915031 Punta Rassa Road 105, Fort Myers, FL, 33908
$372,000
MLS# 202601425815011 Punta Rassa Road 103, Fort Myers, FL, 33908
$315,000
MLS# 202602787015010 Punta Rassa Road 108, Fort Myers, FL, 33908
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.