2 Bed Waterfront Home for Sale in Sanibel
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SoldMLS# 2026016027

$847,555

2 Bed Waterfront Home for Sale in Sanibel

979 E Gulf Drive 191, Sanibel, FL, 33957

2 beds2 baths1,184 sqft
GatedTennisBeach AccessBoatingWaterfront

About this home

Sit back and take in the calm waters of the Gulf from your spacious lanai. Outstanding views await you from the living room and the screened-in porch. This Gulf View condo is pet friendly, offers weekly rentals and is located on the quiet, east end of Sanibel. Totally remodeled and updated in 2023, you get new appliances, AC, furnishings and so much more. Mere steps from the beach and the pool, this is the location you’ve been searching for.

Property details

Type
Condominium
Year built
1974
Interior
1,184 sqft
Lot size
17,114.724 sqft
Acreage
0.39 acres
Garage
None
Days on market
98
Total association fees
$13,200/yr (~$1,100/mo)
CDD
None
Est. taxes (1.4%)
$11,866/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — Gulf frontage
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
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

AssociationManagementInsuranceLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlSewerTrashWater

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

Amenities

BeachRightsBeachAccessBarbecuePicnicAreaTennisCourtsManagement
Above marketThis home is priced above comparable recent sales.
This home
$716/sqft
Comp median
$648/sqft
Difference
+10%

Based on the $/sqft of 3 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
610 Donax Street 113Jul 2026$800,0002/21,000$800
610 Donax Street 233Jul 2026$760,0002/21,238$614
1341 Middle Gulf Drive 12CMay 2026$745,0002/21,150$648
Average3 comps$768,333$687

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 $57,555 (6.8%) from the original list price.

Aug 31, 2026Sold$790,000
Apr 15, 2026Listed$847,555

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 (~$13,200/yr)
Location convenienceHigh
Hospital
11.1 mi
HealthPark Medical Center
Beach
4.3 mi
Sanibel Island
Airport
15 mi
Page Field (Fort Myers)
Shopping
13.2 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.