2 Bed Waterfront Home for Sale in Sanibel
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For SaleMLS# 2025017605

$780,000

2 Bed Waterfront Home for Sale in Sanibel

845 E Gulf Drive 1641, Sanibel, FL, 33957

2 beds2 baths981 sqft
GatedTennisBoatingBeach AccessClubhouseCommunity PoolWaterfront

About this home

Discover the epitome of island elegance in this exquisitely reimagined residence within the sought-after Gulf and canal front enclave of Sanibel Moorings, along the pristine East End of Sanibel Island. Every detail of this remarkable unit has been thoughtfully curated, creating a seamless blend of modern refinement and coastal tranquility. From the moment you enter, sunlight dances across rich wood-plank LVT floors, guiding you through a space that feels as luxurious as it is livable. The gourmet kitchen is a designer’s dream, an artful composition of custom cabinetry, Cambria quartz countertops and state-of-the-art stainless steel appliances. A grand center island invites effortless entertaining, while the tongue-and-groove wood ceiling and pendant lighting add a touch of architectural drama to this open, inviting space. The spacious living room exudes sophistication, adorned with crown moldings, tasteful designer furnishings and a sleek 75-inch television, ideal for relaxed evenings after a day at the beach. Both baths are masterfully transformed, featuring bespoke cabinetry, wood-inlaid accent niches and exquisite tilework that evoke a spa-like serenity. The primary suite is a retreat, boasting a grandfathered washer and dryer hookup, a rare and desired amenity in Sanibel Moorings. Go through impact-rated sliders framed by plantation shutters to your private screened lanai, where tranquil canal views and tropical breezes create a backdrop for morning coffee or sunset cocktails. Beyond your door, Sanibel Moorings offers an incomparable lifestyle, lushly landscaped grounds, a sparkling community pool, inviting grills for alfresco dining and direct access to the sugar-sand beaches of the Gulf of Mexico. The property’s unique dual waterfront setting, with Gulf frontage and a navigable canal, captures the essence of island living. This is more than a residence, it’s an invitation to embrace the art of coastal luxury.

Property details

Type
Condominium
Year built
1974
Interior
981 sqft
Lot size
5,113.944 sqft
Acreage
0.12 acres
Garage
None
Days on market
182
Total association fees
$26,832/yr (~$2,236/mo)
CDD
None
Est. taxes (1.4%)
$10,920/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
Northwest
Waterfront
Yes
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

AssociationManagementInsuranceLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesTrash

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

Amenities

BeachRightsBeachAccessClubhousePoolBoatSlipSeeRemarksTennisCourts
At marketThis home is priced in line with comparable recent sales.
This home
$795/sqft
Comp median
$763/sqft
Difference
+4%

Based on the $/sqft of 4 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
845 E Gulf Drive 111Feb 2026$700,0002/2981$714
845 E Gulf Drive 121Jul 2026$700,0002/2983$712
671 E Gulf Drive 1A2Feb 2026$775,0002/2875$886
671 E Gulf Drive 3C3May 2026$710,0002/2875$811
Average4 comps$721,250$781

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 $69,000 (8.1%) from the original list price.

May 6, 2026Price reducedfrom $849,000$780,000
Nov 5, 2025Listed$849,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1974 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$26,832/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.