2 Bed Condominium for Sale in Sanibel
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SoldMLS# 224088807

$399,999

2 Bed Condominium for Sale in Sanibel

2840 W GULF Drive 32, Sanibel, FL, 33957

2 beds2 baths933 sqft
TennisBeach AccessClubhouseCommunity Pool

About this home

SEASHELLS is now BACK and BETTER in the true spirit of the Island! A perfect Island Get-away for you to enjoy. Either relax by the pool, play a game of pickleball or tennis. Take a short stroll to the deeded gulf beach access to go shelling, fishing, watch the dolphins dance or simply relax and enjoy the cool coastal breeze. EVERYTHING in this two bedroom two bathroom ground floor unit in the Popular Sea Shells Resort is brand spanking new! Studs, floors, roof, plumbing, electrical & mechanical systems, and the air conditioner have all been replaced. New cabinets in the Kitchen and bathrooms have been installed. New doors and appliances, Range, Microwave, Dishwasher, Refrigerator, Washer/Dryer Hook Up, celling fans and light fittings have all been installed. New Pavers have now replaced the black top. Tennis Courts have been redone and the pool is almost finished. This particular unit enjoyed a great rental history with returning guests securing their next vacation before leaving, and with no assessment liability to worry about, makes it a perfect investor friendly vacation rental. Also Seashells is one of the few Resorts on the Island that allow 3 day rentals and with it's deeded gulf beach access just across the street and it's prestigious West Gulf location, and with pre storm selling prices in the $600,000 range, its popularity is ensured. The Professional Management Company and excellent Board ensure the high quality upkeep of the units, Maintenance, Insurance and Code compliance at the Resort. Don't miss this great opportunity to gain your place in paradise at a great price! .

Property details

Type
Condominium
Year built
1975
Interior
933 sqft
Lot size
4,356 sqft
Acreage
0.10 acres
Garage
None
Days on market
361
Total association fees
$14,040/yr (~$1,170/mo)
CDD
None
Est. taxes (1.4%)
$5,600/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

AssociationManagementInternetLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesSewerTrashWater

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

Amenities

BeachRightsClubhouseLaundryPoolShuffleboardCourtStorageSidewalksTennisCourtsBeachAccessManagement
Below marketThis home is priced below comparable recent sales, a potential value.
This home
$429/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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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
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
1906 Ibis LaneApr 2026$300,0002/21,098$273
Average5 comps$411,000$462

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 $129,900 (24.5%) from the original list price.

Dec 5, 2025Sold$400,000
Oct 1, 2025Price reducedfrom $379,000$399,999
Nov 4, 2024Listed$529,900

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 (~$14,040/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.