2 Bed Waterfront Home for Sale in Kings Crown
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For SaleMLS# 2025021221

$780,000

2 Bed Waterfront Home for Sale in Kings Crown

2721 W Gulf Drive 212, Sanibel, FL, 33957

2 beds2 baths1,480 sqft
GatedTennisCommunity PoolBoatingWaterfront

About this home

Welcome to a fantastic opportunity to own a coveted corner unit in a charming midsize condo complex on West Gulf Drive! Whether you’re looking for a dream home or a smart investment, this property offers it all. Enjoy breathtaking views of the Gulf of Mexico from your glass-enclosed lanai, perfect for year-round relaxation. The open and spacious floor plan seamlessly connects the kitchen, living room, and dining area, creating a bright and airy coastal retreat. Nestled in a tropical beachfront paradise, you’ll love the pristine white-sand beaches, world-class shelling, and mesmerizing sunsets. Don’t miss this rare opportunity—schedule your showing today!

Property details

Type
Condominium
Year built
1975
Interior
1,480 sqft
Lot size
1,681.416 sqft
Acreage
0.04 acres
Garage
None
Days on market
223
Total association fees
$22,000/yr (~$1,833/mo)
CDD
None
Est. taxes (1.4%)
$10,920/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
North
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

AssociationManagementCableTvInsuranceLegalAccountingMaintenanceGroundsPestControlSewerTrashWater

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

Amenities

PoolTennisCourtsManagement
At marketThis home is priced in line with comparable recent sales.
This home
$527/sqft
Comp median
$552/sqft
Difference
-5%

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
2721 W Gulf Drive 308Oct 2025$750,0002/21,480$507
3015 W Gulf Drive 102Aug 2026$817,0002/21,368$597
3049 W Gulf Drive 202Oct 2025$650,0002/21,368$475
458 Lake Murex CircleMar 2026$935,0003/21,301$719
Average4 comps$788,000$575

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 $95,000 (10.9%) from the original list price.

Jun 30, 2026Price reducedfrom $840,000$780,000
Nov 19, 2025Listed$875,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • 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 (~$22,000/yr)
Location convenienceModerate
Hospital
14.1 mi
HealthPark Medical Center
Beach
2 mi
Sanibel Island
Airport
17.8 mi
Page Field (Fort Myers)
Shopping
16.1 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.