$1,650,000
2 Bed Waterfront Home for Sale in Sanibel
2929 W Gulf Drive 306, Sanibel, FL, 33957
About this home
Welcome to island life the way it's meant to be. This top-floor, direct-gulf residence at The Atrium on West Gulf Drive captures the best of Sanibel such as endless views, brilliant sunsets and the soothing sound of waves on shell-laden sands just beyond your doorstep. The desirable southwest exposure fills the home with warm natural light by day and breathtaking sunset views in the evening. Go inside to discover a bright layout featuring two bedrooms with gulf views, two baths, and a versatile office/den that easily converts to a guest space or reading retreat. The well-appointed kitchen is outfitted with stainless-steel appliances, custom cabinetry, and a convenient breakfast bar that is ideal for entertaining or quiet mornings by the sea. A wraparound lanai extends your living space, ideal for soaking in ocean breezes or relaxing in air-conditioned comfort while watching the waves roll in. The Atrium has recently enhanced its lush landscaping, creating a coastal oasis that complements its premier beachfront setting. Enjoy direct access to Sanibel's famous white-sand beach via a private boardwalk or spend your afternoons by the Gulf-side pool. Additional amenities include new pickleball courts, dedicated bicycle storage, covered parking and a private ground-level storage unit for all your beach gear. Top-floor units like this are rarely available at The Atrium, so don't miss this opportunity to experience the best of island living and Sanibel sunsets.
Property details
- Type
- Condominium
- Year built
- 1978
- Interior
- 1,563 sqft
- Lot size
- 18,134.028 sqft
- Acreage
- 0.42 acres
- Garage
- 1 car
- Days on market
- 152
- Total association fees
- $18,000/yr (~$1,500/mo)
- CDD
- None
- Est. taxes (1.4%)
- $23,100/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- Southwest
- 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
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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Your notes on this home
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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 $200,000 (10.8%) from the original list price.
| Apr 14, 2026 | Price reducedfrom $1,795,000 | $1,650,000 |
| Nov 13, 2025 | Listed | $1,850,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- Built 1978 — pre-2002 construction may carry older wind codes and higher insurance
- Higher association fees (~$18,000/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.