$412,500
1 Bed Waterfront Home for Sale in Sanibel
845 E Gulf Drive 212, Sanibel, FL, 33957
About this home
EXTREMELY MOTIVATED SELLER!!! ONE OF THE BEST BUYS ON ISLAND!!! Escape to your own island retreat in this beautifully updated 1-bedroom, 1-bathroom second-floor condo at Sanibel Moorings. Nestled within one of Sanibel’s most sought-after communities, this charming unit offers a perfect blend of coastal elegance, modern upgrades, and smart design, making it an ideal investment property or personal getaway. This thoughtfully reimagined condo enhances both comfort and functionality. The kitchen and dining area were completely reconfigured in 2024 to create a more efficient and stylish layout. A built-in table, accented by a stunning wallpaper feature wall, adds character, while the custom shelving and drawers provide additional storage—perfect for keeping your space organized, along with new Stainless-Steel appliances. The open-concept living area is bathed in natural light, offering a fresh, coastal-inspired ambiance, with new furniture that instantly makes you feel at home. Whether you’re relaxing after a day on the beach, hosting friends, or enjoying a quiet evening, this space is designed to accommodate your island lifestyle with ease. The recently renovated bathroom, in 2023 adds a modern and luxurious touch, featuring updated fixtures and finishes that enhance the unit’s appeal. One of the true highlights of this condo is the lovely screened-in porch—a peaceful oasis where you can sip your morning coffee, lose yourself in a good book, or simply unwind while listening to the gentle Gulf breeze. This private outdoor space is the perfect spot to relax after a full day of exploring Sanibel’s pristine beaches, nature trails, and charming local shops. Sanibel Moorings is a premier waterfront community, offering residents and guests an impressive array of amenities that truly set it apart. Whether you’re looking for relaxation, adventure, or a little bit of both, this community has something for everyone: Two heated swimming pools and a separate kiddie pool that parents love. Two Tennis/Pickleball Courts, Grilling stations with picnic areas for outdoor dining, Private boat docking for boats under 25 ft. Bikes, Kayaks and paddleboards for exploring the scenic waterways. Each unit has outdoor storage for your beach gear and bikes. Sanibel Moorings offers a fully staffed on-site rental office, making this condo a stress-free investment for those looking to generate rental income. The dedicated team handles reservations, guest services, and property management, ensuring both you and your guests enjoy a seamless experience. With its prime location on Sanibel Island, you’ll have direct access to some of Florida’s most breathtaking beaches, where you can collect world-famous seashells, soak up the sun, and experience the natural beauty that makes Sanibel so special. The island’s bike-friendly paths, boutique shops, and locally owned restaurants are all just a short ride away.
Property details
- Type
- Condominium
- Year built
- 1974
- Interior
- 612 sqft
- Lot size
- 3,881.196 sqft
- Acreage
- 0.09 acres
- Garage
- None
- Days on market
- 409
- Total association fees
- $16,632/yr (~$1,386/mo)
- CDD
- None
- Est. taxes (1.4%)
- $5,775/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- Southwest
- 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 102I | Sep 2025 | $470,000 | 1/1 | 778 | $604 |
| 1501 Middle Gulf Drive 305F | Feb 2026 | $430,000 | 1/1 | 728 | $591 |
| 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.
Price & status history
Down $137,500 (25%) from the original list price.
| Apr 13, 2026 | Price reducedfrom $422,500 | $412,500 |
| Feb 28, 2025 | Listed | $550,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- Built 1974 — 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.