$699,000
2 Bed Waterfront Home for Sale in Sanibel
845 E Gulf Drive 1521, Sanibel, FL, 33957
About this home
Coastal Canal-Front Living at Its Finest in Sanibel Moorings! Welcome to your slice of paradise at Sanibel Moorings—where island charm meets effortless coastal living. This beautifully appointed 2-bedroom, 2-bath ground-level condo offers the perfect blend of comfort, convenience, and waterfront lifestyle. Step inside to discover a light-filled, coastal-inspired interior designed to relax and recharge. The open-concept living and dining area flows seamlessly to your private outdoor space, where tranquil canal views create the perfect backdrop for morning coffee on the dock or evening unwinding. The thoughtfully designed kitchen offers ample storage and functionality, making it easy to entertain or enjoy quiet nights at home. A spacious primary suite provides a peaceful retreat with an en-suite bath, while the guest bedroom and bath offer comfort and privacy for visitors. Being ground level, you’ll love the ease of access—no stairs, no elevators—just step right out and enjoy the lush tropical landscaping and serene waterfront setting. Sanibel Moorings is one of the island’s most beloved communities, offering beautifully maintained grounds, resort-style amenities, and direct access to both the beach and boating/kayaking opportunities. Whether you're looking for a personal getaway, investment property, or both, this condo checks all the boxes. Experience the best of island living—where every day feels like a vacation and the sunshine never ends.
Property details
- Type
- Condominium
- Year built
- 1974
- Interior
- 981 sqft
- Lot size
- 4,970.196 sqft
- Acreage
- 0.11 acres
- Garage
- None
- Days on market
- 141
- Total association fees
- $16,632/yr (~$1,386/mo)
- CDD
- None
- Est. taxes (1.4%)
- $9,786/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
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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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 |
|---|---|---|---|---|---|
| 845 E Gulf Drive 111 | Feb 2026 | $700,000 | 2/2 | 981 | $714 |
| 845 E Gulf Drive 331 | Feb 2026 | $650,000 | 2/2 | 975 | $667 |
| 845 E Gulf Drive 121 | Jul 2026 | $700,000 | 2/2 | 983 | $712 |
| 671 E Gulf Drive 1A2 | Feb 2026 | $775,000 | 2/2 | 875 | $886 |
| 671 E Gulf Drive 2C2 | Jun 2026 | $625,000 | 2/2 | 900 | $694 |
| 671 E Gulf Drive 3D2 | Jun 2026 | $625,000 | 2/2 | 875 | $714 |
| Average | 6 comps | $679,167 | $731 |
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 (6.7%) from the original list price.
| Aug 13, 2026 | Price reducedfrom $749,000 | $699,000 |
| Mar 25, 2026 | Listed | $749,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- Built 1974 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$16,632/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.