$799,000
2 Bed Waterfront Home for Sale in Sanibel
979 E Gulf Drive D433, Sanibel, FL, 33957
About this home
Welcome to island living at Loggerhead Cay D433, a beautifully updated 2-bedroom, 2-bath, third-floor condo overlooking the lush courtyard and community pool with partial Gulf views. This condo has been completely updated and is being sold turnkey furnished—just bring your clothes and toothbrush and start enjoying the Sanibel lifestyle! Well-appointed throughout and offering strong rental income potential, D433 is perfect as a vacation getaway, investment property, or your own piece of paradise. Property Highlights: 2 Bedrooms | 2 Bathrooms Third-floor location Courtyard & pool views Partial Gulf views Completely updated throughout Turnkey furnished Excellent rental income potential Steps from the pool and Gulf of Mexico Direct beach access Tennis courts Pickleball courts Shuffleboard BBQ/grilling areas Beautifully maintained tropical grounds Desirable East End of Sanibel location Convenient access on and off the island Experience Sanibel Island: Spend your mornings walking miles of world-famous shelling beaches, biking the island’s extensive shared-use paths, exploring the J.N. “Ding” Darling National Wildlife Refuge, enjoying local restaurants and shopping, or simply relaxing while watching another incredible Gulf Coast sunset. The East End location puts you close to the Sanibel Lighthouse and Lighthouse Beach, restaurants, shopping, boating, fishing, and the Sanibel Causeway—making trips into Fort Myers and the rest of Southwest Florida convenient. Whether you’re looking for an island retreat, income-producing vacation rental, or both, Loggerhead Cay D433 offers the opportunity to own a turnkey piece of the Sanibel lifestyle
Property details
- Type
- Condominium
- Year built
- 1976
- Interior
- 1,184 sqft
- Lot size
- 14,549.04 sqft
- Acreage
- 0.33 acres
- Garage
- None
- Days on market
- 3
- Total association fees
- $13,200/yr (~$1,100/mo)
- CDD
- None
- Est. taxes (1.4%)
- $11,186/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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 3 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 979 E Gulf Drive 191 | Aug 2026 | $790,000 | 2/2 | 1,184 | $667 |
| 610 Donax Street 233 | Jul 2026 | $760,000 | 2/2 | 1,238 | $614 |
| 610 Donax Street 113 | Jul 2026 | $800,000 | 2/2 | 1,000 | $800 |
| Average | 3 comps | $783,333 | $694 |
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.
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- Built 1976 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$13,200/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.