$465,000
1 Bed Waterfront Home for Sale in Sanibel
2255 W Gulf Drive 127, Sanibel, FL, 33957
About this home
There are beachfront properties, and then there are opportunities that exist in a category all their own. On the first floor within the exclusive Cottage Colony West at the iconic Casa Ybel Resort, 2255 W Gulf Drive #127 offers an extraordinary chance to own a piece of Sanibel Island’s desired Gulf-front coastline, where breathtaking sunsets, panoramic water views and resort-style amenities create the ultimate island retreat. Along 23 acres of pristine beachfront, this beautifully updated turnkey residence captures the essence of luxury coastal living. Expansive impact-rated windows and sliding glass doors fill the home with natural light while framing stunning Gulf of Mexico views. The open-concept floor plan blends comfort and sophistication, with spacious living and dining areas flowing seamlessly to a private screened lanai, an idyllic setting for morning coffee, evening cocktails, or simply enjoying the sights and sounds of the shoreline. The renovated kitchen showcases white shaker cabinetry, quartz-style countertops, stainless steel appliances, designer shelving, and coastal-inspired finishes that ideally complement the island setting. The spacious bedroom retreat offers warm wood-style flooring, plantation shutters and a serene atmosphere designed for relaxation, while the updated bath features contemporary finishes and polished fixtures. As a first-floor residence, the unit enjoys quick access, abundant natural light and front-row Gulf views. Just outside your door, Casa Ybel Resort offers direct access to one of Sanibel’s celebrated stretches of sugar-white sand beach, along with a beachfront pool, tennis and pickleball courts, on-site dining, scenic biking and jogging paths, and lush tropical grounds. This property also presents an exceptional investment opportunity through Casa Ybel’s professionally managed on-site rental program. The combination of direct beachfront location, resort amenities, strong vacation rental demand, and Sanibel Island’s enduring desirability creates a rare opportunity for personal enjoyment and income potential. Whether you're searching for a luxury beachfront escape, a potential income-producing vacation property or your Gulf-front sanctuary, this exceptional residence delivers the best of Sanibel Island living.
Property details
- Type
- Condominium
- Year built
- 1978
- Interior
- 806 sqft
- Lot size
- 3,785.364 sqft
- Acreage
- 0.09 acres
- Garage
- None
- Days on market
- 26
- Total association fees
- $15,564/yr (~$1,297/mo)
- CDD
- None
- Est. taxes (1.4%)
- $6,510/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- Southeast
- 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
- No
- 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 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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 |
|---|---|---|---|---|---|
| 2255 W Gulf Drive 101 | Mar 2026 | $450,000 | 1/1 | 827 | $544 |
| 2255 W Gulf Drive 112 | Feb 2026 | $465,000 | 1/1 | 806 | $577 |
| 2255 W Gulf Drive 132 | Sep 2025 | $425,000 | 1/1 | 827 | $514 |
| Average | 3 comps | $446,667 | $545 |
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.
Price & status history
Down $15,000 (3.1%) from the original list price.
| Jul 6, 2026 | Price reducedfrom $480,000 | $465,000 |
| Jun 10, 2026 | Listed | $480,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1978 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$15,564/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
$419,000
MLS# 20260346331250 Tennisplace Court C36, Sanibel, FL, 33957
$389,000
MLS# 225006030760 Sextant Drive 612, Sanibel, FL, 33957
$488,000
MLS# 2025025679760 Sextant Drive 1051, Sanibel, FL, 33957
$549,000
MLS# 20250109471039 Beach Road 104, Sanibel, FL, 33957
$419,000
MLS# 2026001029601 Periwinkle Way C-5, Sanibel, FL, 33957
$530,000
MLS# 20260193001440 Middle Gulf Drive 4C, Sanibel, FL, 33957
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.