2 Bed Condominium for Sale in Sanibel
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For SaleMLS# 2026027860

$510,000

2 Bed Condominium for Sale in Sanibel

2840 W Gulf Drive 25, Sanibel, FL, 33957

2 beds2 baths933 sqft
PickleballTennisBeach AccessClubhouseCommunity Pool

About this home

Completely renovated and completed in November of 2025, this beautifully updated 2-bedroom, 2-bath condominium offers the perfect blend of modern comfort and island living. The comprehensive renovation includes a new roof, new appliances, updated kitchen and bathrooms, new flooring, fixtures, finishes, and more, creating a truly move-in-ready condo. Ideally situated just across the street from deeded beach access, you'll enjoy effortless walks to the sugar-sand beaches of Sanibel Island. Relax on the screened lanai while listening to the soothing sound of the Gulf of Mexico waves in the evening—a peaceful reminder that paradise is just steps away. Conveniently located near the community pool and surrounded by Sanibel's natural beauty, this property is ideal as a full-time residence, vacation getaway, or a great seasonal rental opportunity. Experience the best of island living in a thoughtfully renovated condo where every detail has been updated for years of carefree enjoyment.

Property details

Type
Condominium
Year built
1975
Interior
933 sqft
Lot size
4,504.104 sqft
Acreage
0.10 acres
Garage
None
Days on market
13
Total association fees
$16,812/yr (~$1,401/mo)
CDD
None
Est. taxes (1.4%)
$7,140/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
West
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

AssociationManagementIrrigationWaterMaintenanceGroundsPestControl

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

Amenities

BeachRightsBeachAccessClubhousePickleballPoolTennisCourtsManagement
At marketThis home is priced in line with comparable recent sales.
This home
$547/sqft
Comp median
$514/sqft
Difference
+6%

Based on the $/sqft of 5 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.

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.

Price & status history

Down $5,000 (1%) from the original list price.

Jul 13, 2026Price reducedfrom $515,000$510,000
Jun 30, 2026Listed$515,000

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 (~$16,812/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.