2 Bed Waterfront Home for Sale in Sanibel
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For SaleMLS# 2026026094

$889,000

2 Bed Waterfront Home for Sale in Sanibel

2777 W Gulf Drive 104, Sanibel, FL, 33957

2 beds2 baths1,276 sqft
GatedTennisBeach AccessCommunity PoolBoatingWaterfront

About this home

Come see this beautifully remodeled 2-bedroom, 2-bathroom condo located on Sanibel Island. Recently renovated, this stunning property offers modern elegance and coastal charm, featuring top-of-the-line finishes and an open, airy layout that invites relaxation and comfort in a community with some of the LOWEST HOA FEES on Sanibel. As you step inside, you’ll be greeted by a spacious living area with fresh paint, new flooring, and abundant natural light pouring through large windows. The gourmet kitchen has been fully updated with brand-new stainless steel appliances, custom cabinetry, and sleek quartz countertops, perfect for preparing meals or entertaining guests. The dining area seamlessly flows into the living room, creating an open-concept space ideal for both casual living and formal gatherings. The master suite is a serene retreat with a beautifully designed en-suite bathroom. The second bedroom is equally inviting and conveniently located near the second remodeled bathroom. Outside, enjoy the tranquility of the private screened lanai, offering views of the pool and the Gulf of Mexico. This condo is ideally situated just steps from the beach, offering convenient access to the island’s famous shoreline. Don't miss an opportunity to own on prestigious West Gulf Drive. Schedule your showing today!

Property details

Type
Condominium
Year built
1976
Interior
1,276 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
80
Total association fees
$10,960/yr (~$913/mo)
CDD
None
Est. taxes (1.4%)
$12,446/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

AssociationManagementCableTvInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundSewerTrashWater

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

Amenities

BeachRightsBeachAccessPoolShuffleboardCourtSpaHotTubTennisCourtsManagement
At marketThis home is priced in line with comparable recent sales.
This home
$697/sqft
Comp median
$717/sqft
Difference
-3%

Based on the $/sqft of 6 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
2777 W Gulf Drive 109Aug 2026$925,0002/21,276$725
3015 W Gulf Drive 102Aug 2026$817,0002/21,368$597
2445 W Gulf Drive 45BApr 2026$910,0002/21,243$732
2445 W Gulf Drive 41COct 2025$887,5002/21,243$714
2445 W Gulf Drive 6BAug 2026$860,0002/21,243$692
458 Lake Murex CircleMar 2026$935,0003/21,301$719
Average6 comps$889,083$697

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.

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1976 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$10,960/yr)
Location convenienceModerate
Hospital
14.1 mi
HealthPark Medical Center
Beach
1.9 mi
Sanibel Island
Airport
17.9 mi
Page Field (Fort Myers)
Shopping
16.2 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.