$799,000
2 Bed Waterfront Home for Sale in Sanibel, FL, $799,000
845 E Gulf Drive 121, Sanibel, FL, 33957
About this home
Welcome to your island retreat at Sanibel Moorings, a beautifully landscaped East end gulf-front community known for its lush botanical gardens and resort-style amenities. This 2-bedroom, 2-bath direct gulf-front condo offers easy beach access and a bright, open layout designed for comfort and relaxation. Step inside to find a spacious, recently renovated living and dining area that flows seamlessly to the larger beachfront screened lanai. With new coastal modern furnishings and décor, the condo feels bright and fresh. The kitchen is well-appointed with new appliances, white cabinetry, and quartz counters, making meal prep a breeze. Both bedrooms provide plenty of space for family and guests, while the primary suite features private access to the second lanai and an en-suite bathroom with an oversized shower and double vanity. Sit on either porch and take in your private beach views while listening to the waves roll on shore. Sanibel Moorings is beloved for its unmatched amenities, including tropical gardens, two heated pools, tennis and pickleball courts, fitness center, boat dockage, onsite rental office, and direct beach access. Whether you’re seeking a personal getaway or a strong rental investment, Unit 121 offers the best of island living and easy beach access. Experience the charm of Sanibel—where world-class shelling beaches, bike paths, and island dining are all within easy reach.
Property details
- Type
- Condominium
- Year built
- 1973
- Interior
- 983 sqft
- Lot size
- 4,107.708 sqft
- Acreage
- 0.09 acres
- Garage
- None
- Days on market
- 219
- Total association fees
- $16,632/yr (~$1,386/mo)
- CDD
- None
- Est. taxes (1.4%)
- $11,186/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
- 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
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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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 |
|---|---|---|---|---|---|
| 845 E Gulf Drive 111 | Feb 2026 | $700,000 | 2/2 | 981 | $714 |
| 671 E Gulf Drive 1A2 | Feb 2026 | $775,000 | 2/2 | 875 | $886 |
| 671 E Gulf Drive 3C3 | May 2026 | $710,000 | 2/2 | 875 | $811 |
| Average | 3 comps | $728,333 | $804 |
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 $149,000 (17.6%) from the original list price.
| Jul 24, 2026 | Sold | $700,000 |
| Feb 24, 2026 | Price reducedfrom $849,000 | $799,000 |
| Oct 20, 2025 | Listed | $849,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- Built 1973 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$16,632/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.