2 Bed Condominium for Sale in Sanibel
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For SaleMLS# 2026037980

$549,000

2 Bed Condominium for Sale in Sanibel

845 E Gulf Drive 632, Sanibel, FL, 33957

2 beds2 baths981 sqft
TennisBoatingBeach AccessFitness CenterClubhouseCommunity Pool

About this home

Enjoy easy island living in this inviting second-floor, 2-bedroom, 2-bath condo at Sanibel Moorings, surrounded by lush tropical landscaping and only steps from the beach. The light and bright interior has a relaxed coastal feel with fresh paint, comfortable furnishings, impact-resistant windows and sliders, and an open living and dining area overlooking the courtyard. The kitchen features crisp white cabinetry, generous counter space and a convenient pass-through to the living area. Both bathrooms have been updated, including a spacious primary bath with dual vessel sinks and a walk-in shower, while the guest bath features a coastal-inspired vanity and tiled tub/shower. Two comfortable bedrooms provide plenty of space for family and guests. Step outside to enjoy the peaceful courtyard setting and everything this well-established Gulf-front community has to offer. Sanibel Moorings features six acres of beautifully maintained tropical grounds and botanical gardens, two swimming pools, tennis courts, boat docks and beach access. A wonderful opportunity to own your own piece of Sanibel and enjoy the beach, boating and laid-back island lifestyle.

Property details

Type
Condominium
Year built
1974
Interior
981 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
0
Total association fees
$16,632/yr (~$1,386/mo)
CDD
None
Est. taxes (1.4%)
$7,686/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors, Shutters
Exposure
South
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

AssociationManagementCableTvInsuranceIrrigationWaterLaundryLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesSewerTrashWater

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

Amenities

BeachRightsBoatDockBeachAccessBoatRampBusinessCenterClubhouseFitnessCenterLaundryBarbecuePicnicAreaPoolSpaHotTubStorageTennisCourts
Below marketThis home is priced below comparable recent sales, a potential value.
This home
$560/sqft
Comp median
$611/sqft
Difference
-8%

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
845 E Gulf Drive 822Oct 2025$505,0002/2981$515
845 E Gulf Drive 232Jun 2026$470,0002/2983$478
671 E Gulf Drive 3D2Jun 2026$625,0002/2875$714
671 E Gulf Drive 2C2Jun 2026$625,0002/2900$694
671 E Gulf Drive 4D1Dec 2025$535,0002/2875$611
Average5 comps$552,000$602

Market trends, Sanibel

Median list
$965,000
Median $/sqft
$604
Median sold (90d)
$877,000
Avg days on market
171
Active listings
232
Median sold price · Sanibel
$877,000last 3 months11.1% vs $987,000 prior 3 months
Median closed price by month · Sanibel
15.8% MoM13.7% YoY
$458k$879k$1.3MJul ’25Sep ’26
$1,025,000Sep ’26 · 9 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, Shutters
Consider
  • Built 1974 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$16,632/yr)
Location convenienceHigh
Hospital
10.7 mi
HealthPark Medical Center
Beach
4.6 mi
Sanibel Island
Airport
14.7 mi
Page Field (Fort Myers)
Shopping
12.9 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.