2 Bed Waterfront Home for Sale in Sanibel
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For SaleMLS# 225025070

$769,000

2 Bed Waterfront Home for Sale in Sanibel

979 E Gulf Drive D441, Sanibel, FL, 33957

2 beds2 baths1,235 sqft
GatedPickleballTennisBeach AccessClubhouseCommunity PoolBoatingWaterfront

About this home

Experience the best of Sanibel Island with this fully remodeled, ground-floor condominium in Loggerhead Cay. Offering direct access to the beach path, courtyard, and pool through a private lanai screen door, this residence is designed for effortless coastal living. Recently updated, the open kitchen features solid wood shaker-style cabinetry, granite countertops with a full-height backsplash, stainless steel appliances, and a raised ceiling accented with crown molding and LED tape lighting. Both baths have been completely rebuilt with new cabinetry, solid surface counters, neutral-toned tile and glass shower enclosures. The primary bedroom is outfitted with custom-crafted storage systems, maximizing space and functionality. Luxury vinyl plank flooring flows throughout, complementing the new furnishings and décor in a refined coastal casual style. All impact-rated windows and sliding doors have been replaced to meet hurricane codes, ensuring peace of mind. Loggerhead Cay spans 4.5 acres with approximately 400 feet of beachfront. The well-managed association, known for its proactive leadership, was among the first on Sanibel Island to reopen for rentals after Hurricane Ian. With strong financial reserves, the community remains ahead of state reserve requirements. Residents enjoy premier amenities, including one of the island’s largest pools, grilling and picnic areas, tennis courts, and shuffleboard. On Sanibel’s east end, this property provides convenient access to Causeway Boulevard for easy travel on and off the island.

Property details

Type
Condominium
Year built
1976
Interior
1,235 sqft
Lot size
14,549.04 sqft
Acreage
0.33 acres
Garage
None
Days on market
539
Total association fees
$13,200/yr (~$1,100/mo)
CDD
None
Est. taxes (1.4%)
$10,766/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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsOtherPestControlRecreationFacilitiesSewerTrashWater

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

Amenities

BeachRightsBeachAccessClubhouseOtherPickleballPoolShuffleboardCourtTennisCourtsManagement
At marketThis home is priced in line with comparable recent sales.
This home
$623/sqft
Comp median
$614/sqft
Difference
+1%

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
979 E Gulf Drive C363Dec 2025$665,0002/21,184$562
979 E Gulf Drive 191Aug 2026$790,0002/21,184$667
610 Donax Street 233Jul 2026$760,0002/21,238$614
Average3 comps$738,333$614

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 $110,000 (12.5%) from the original list price.

Jan 13, 2026Price reducedfrom $849,000$769,000
Mar 7, 2025Listed$879,000

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 (~$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.