$480,000
1 Bed Waterfront Home for Sale in Sanibel
2255 W Gulf Drive 140, Sanibel, FL, 33957
About this home
Top Floor Beachfront Condo at Casa Ybel Resort, Sanibel Island- Experience the pinnacle of island living with this exceptional top-floor, end unit condo at the prestigious Casa Ybel Resort, nestled on 23 acres of pristine beachfront on Sanibel Island. Perfectly positioned for panoramic Gulf views and infused with natural sunlight, this newly renovated 1-bedroom, 1-bath residence offers the ultimate combination of luxury, comfort, and effortless ownership. Step into a bright and airy living space featuring vaulted ceilings, impact-rated windows and doors, and designer furnishings from Clive Daniel-all curated for a seamless blend of coastal elegance and modern sophistication. As an end unit, privacy and quiet relaxation are guaranteed, while still being just steps away from the resort-style pool, onsite restaurants, and a host of outdoor amenities. Casa Ybel Resort offers an array of recreational features including tennis, pickleball courts, jogging and biking trails, and direct access to the white-sand beaches that make Sanibel a world-renowned destination. This condo represents an outstanding investment opportunity with hassle-free ownership-professionally managed by Casa Ybel onsite rental program with no owner participation required. Whether you're seeking a lucrative rental or a private beachfront escape, this property delivers on every level. Don't miss this rare chance to own a slice of paradise with the perfect mix of personal enjoyment and investment income potential. Schedule your private tour today!
Property details
- Type
- Condominium
- Year built
- 1978
- Interior
- 827 sqft
- Lot size
- 3,785.364 sqft
- Acreage
- 0.09 acres
- Garage
- None
- Days on market
- 397
- Total association fees
- $14,304/yr (~$1,192/mo)
- CDD
- None
- Est. taxes (1.4%)
- $6,720/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 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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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 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 $20,000 (4%) from the original list price.
| Jun 26, 2026 | Price reducedfrom $490,000 | $480,000 |
| May 25, 2025 | Listed | $500,000 |
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 (~$14,304/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.