2 Bed Waterfront Home for Sale in Sanibel
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For SaleMLS# 2025023558

$599,900

2 Bed Waterfront Home for Sale in Sanibel

827 E Gulf Drive K8, Sanibel, FL, 33957

2 beds2 baths1,040 sqft
PickleballTennisBoatingBeach AccessClubhouseCommunity PoolWaterfront

About this home

?? Sanibel Island Living Just Got More Affordable! ?? MAJOR PRICE REDUCTION! This could be your new Island Home—one where every day feels like a VACATION. Embrace the island lifestyle in this beautifully updated 2-bedroom, 2-bathroom condo at Sanibel Arms West. Tucked away on the peaceful east side of the island, this second-floor retreat offers tranquility, abundant natural light, and breathtaking Gulf views. Just steps from the pristine sandy beach, it’s an ideal haven for shell collectors and those who love the soothing sound of the waves. Sold fully furnished with stylish coastal décor, this open-concept condo is move-in or rental-ready. The renovated kitchen showcases elegant quartz countertops and white shaker cabinets, while new vinyl plank flooring flows seamlessly throughout. Step onto the spacious screened-in lanai and enjoy the refreshing sea breeze while soaking in the stunning Gulf views. Recent upgrades include new hurricane-impact doors and windows, new AC, newly painted interior, along with a durable new metal roof. New interior doors and hardware, new recessed lighting, new ceiling fans, floating shelves and window treatments. Plus lockable owner's closet. For added convenience, the unit features an in-unit washer and dryer. The community offers fantastic amenities, including a heated pool, clubhouse, fitness room, tennis and pickleball courts, and boat dockage. Plus, a designated storage room provides extra space for all your beach essentials. Plus lockable owner's closet. With its prime location, stylish updates, and outstanding rental potential, this condo is an exceptional opportunity to own a slice of paradise on Sanibel Island. Don’t wait—schedule your showing today!

Property details

Type
Condominium
Year built
1974
Interior
1,040 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
182
Total association fees
$19,416/yr (~$1,618/mo)
CDD
None
Est. taxes (1.4%)
$8,399/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
Southeast
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
No
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

AssociationManagementInsuranceInternetLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundTrash

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

Amenities

BeachRightsBoatDockBeachAccessBoatRampBikeStorageClubhouseBarbecuePicnicAreaPickleballPoolShuffleboardCourtStorageSidewalksTennisCourts
Below marketThis home is priced below comparable recent sales, a potential value.
This home
$577/sqft
Comp median
$667/sqft
Difference
-13%

Based on the $/sqft of 5 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 331Feb 2026$650,0002/2975$667
671 E Gulf Drive 3D2Jun 2026$625,0002/2875$714
671 E Gulf Drive 2C2Jun 2026$625,0002/2900$694
671 E Gulf Drive 4D1Dec 2025$535,0002/2875$611
979 E Gulf Drive C363Dec 2025$665,0002/21,184$562
Average5 comps$620,000$650

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 $99,150 (14.2%) from the original list price.

Jun 10, 2026Price reducedfrom $670,050$599,900
Dec 10, 2025Listed$699,050

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • 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 (~$19,416/yr)
Location convenienceHigh
Hospital
10.6 mi
HealthPark Medical Center
Beach
4.7 mi
Sanibel Island
Airport
14.6 mi
Page Field (Fort Myers)
Shopping
12.8 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.