$1,100,000
2 Bed Waterfront Home for Sale in Sanibel
2777 W Gulf Drive 309, Sanibel, FL, 33957
About this home
Motivated Seller!! Indulge in panoramic, unobstructed Gulf views from this elegant top-floor residence in the prestigious Nutmeg Village community. This impeccably remodeled 2-bedroom, 2-bath coastal retreat blends refined design with effortless comfort. Reimagined in 2017 by Cornerstone Builders, the gourmet kitchen boasts quartz countertops, a designer tile backsplash, soft-close custom cabinetry, abundant storage, and premium stainless-steel appliances. Expansive south-facing Gulf vistas become the backdrop of everyday living, enhanced by the thoughtfully enclosed lanai that extends the main living area and maximizes natural light. The serene primary suite offers sweeping water views and features upgraded closets along with a beautifully appointed en-suite bath. With no storm damage and meticulous upkeep, this residence is truly move-in ready. Furnishings are not included but may be purchased separately.
Property details
- Type
- Condominium
- Year built
- 1976
- Interior
- 1,398 sqft
- Lot size
- 43,560 sqft
- Acreage
- 1.00 acres
- Garage
- None
- Days on market
- 148
- Total association fees
- $10,960/yr (~$913/mo)
- CDD
- None
- Est. taxes (1.4%)
- $15,400/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 7 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 2777 W Gulf Drive 109 | Aug 2026 | $925,000 | 2/2 | 1,276 | $725 |
| 2445 W Gulf Drive 45B | Apr 2026 | $910,000 | 2/2 | 1,243 | $732 |
| 2445 W Gulf Drive 41C | Oct 2025 | $887,500 | 2/2 | 1,243 | $714 |
| 2445 W Gulf Drive 6B | Aug 2026 | $860,000 | 2/2 | 1,243 | $692 |
| 2445 W Gulf Drive 7E | Nov 2025 | $1,100,000 | 3/2 | 1,243 | $885 |
| 458 Lake Murex Circle | Mar 2026 | $935,000 | 3/2 | 1,301 | $719 |
| Average | 6 comps | $936,250 | $745 |
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 $50,000 (4.3%) from the original list price.
| Feb 26, 2026 | Price reducedfrom $1,150,000 | $1,100,000 |
| Nov 22, 2025 | Listed | $1,150,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1976 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$10,960/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.