2 Bed Condominium for Sale in Sanibel
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For SaleMLS# 2026015701

$529,000

2 Bed Condominium for Sale in Sanibel

2840 W Gulf Drive 38, Sanibel, FL, 33957

2 beds2 baths877 sqft
PickleballBeach AccessClubhouseCommunity Pool

About this home

Private location yet close to the community pool and just a short walk to the beach. The unit includes 2 bedrooms, 2 fullbaths and screened lanai. Completely renovated and turn-key, this is a great investment opportunity as the complex is grandfathered-in asa Resort Zone for rentals. The interior is decorated with coastal island blues and natural textures. The kitchen is well designed tomaximize space with custom cabinets, quartz counters, stainless appliances, a stylish backsplash and trendy light fixtures. The primarybedroom has a comfy king sized bed, large closet, and ensuite bathroom with a walk-in shower. Guests have their own bedroom with twotwin size beds and a sleeper sofa in the living room for overflow. Enjoy your morning coffee on the screened lanai. The frontload washerand dryer is a nice addition. Just steps away from the Association's amenities, including a sparkling heated swimming pool, clubhouse,BBQ grills, picnic tables, tennis and pickleball courts. And to top it all off, you are just a short walk away from the sun, surf and seashellsof Sanibel Beach!

Property details

Type
Condominium
Year built
1975
Interior
877 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
58
Total association fees
$16,800/yr (~$1,400/mo)
CDD
None
Est. taxes (1.4%)
$7,406/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
Northwest
Waterfront
No
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlSewerTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BeachRightsBeachAccessClubhouseBarbecuePicnicAreaPickleballPoolManagement
Above marketThis home is priced above comparable recent sales.
This home
$603/sqft
Comp median
$514/sqft
Difference
+17%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
2840 W GULF Drive 32Dec 2025$400,0002/2933$429
2255 W Gulf Drive 112Feb 2026$465,0001/1806$577
2255 W Gulf Drive 132Sep 2025$425,0001/1827$514
2255 W Gulf Drive 101Mar 2026$450,0001/1827$544
2320 Wooster Lane 5Oct 2025$415,0002/21,029$403
Average5 comps$431,000$493

Market trends, Sanibel

Median list
$965,000
Median $/sqft
$607
Median sold (90d)
$881,000
Avg days on market
178
Active listings
242
Median sold price · Sanibel
$881,000last 3 months16.1% vs $1,050,000 prior 3 months
Median closed price by month · Sanibel
4.1% MoM3.3% YoY
$458k$879k$1.3MJul ’25Aug ’26
$885,000Aug ’26 · 23 sales

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

Pros
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$16,800/yr)
Location convenienceModerate
Hospital
14.1 mi
HealthPark Medical Center
Beach
1.7 mi
Sanibel Island
Airport
17.8 mi
Page Field (Fort Myers)
Shopping
16.2 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.