$499,000
1 Bed Waterfront Home for Sale in Sanibel
2255 W Gulf Drive 112, Sanibel, FL, 33957
About this home
Experience the ultimate beachfront getaway with this newly remodeled, Gulf-front 1-bedroom, 1-bath condo, elegantly furnished by Clive Daniel. As the top-floor, furthest forward unit, it boasts unobstructed panoramic Gulf views, vaulted ceilings, and impact-rated windows & doors, allowing natural light to fill the space with a bright and tranquil ambiance. This nightly rental unit offers effortless ownership, managed by the onsite rental program, making it a seamless investment or personal retreat. Nestled within the renowned Casa Ybel Resort, set on 23 acres of award-winning shelling beaches, this exclusive property has been featured in Condé Nast Traveler as one of the Best Places to Stay in the World. A rare opportunity to own a piece of paradise—where every stay feels like a dream.
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
- 282
- Total association fees
- $15,564/yr (~$1,297/mo)
- CDD
- None
- Est. taxes (1.4%)
- $6,986/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- 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
- 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 9 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 |
|---|---|---|---|---|---|
| 2255 W Gulf Drive 101 | Mar 2026 | $450,000 | 1/1 | 827 | $544 |
| 2255 W Gulf Drive 132 | Sep 2025 | $425,000 | 1/1 | 827 | $514 |
| 2840 W GULF Drive 32 | Dec 2025 | $400,000 | 2/2 | 933 | $429 |
| 1501 Middle Gulf Drive 305F | Feb 2026 | $430,000 | 1/1 | 728 | $591 |
| 1501 Middle Gulf Drive 306G | Jul 2026 | $565,000 | 1/1 | 728 | $776 |
| 1501 Middle Gulf Drive 102I | Sep 2025 | $470,000 | 1/1 | 778 | $604 |
| Average | 6 comps | $456,667 | $576 |
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 $130,000 (21.8%) from the original list price.
| Feb 10, 2026 | Sold | $465,000 |
| Oct 27, 2025 | Back on market | |
| Aug 22, 2025 | Price reducedfrom $585,000 | $499,000 |
| Mar 14, 2025 | Listed | $595,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- 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.
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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.