2 Bed Waterfront Home for Sale in Sanibel
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SoldMLS# 225052767

$599,000

2 Bed Waterfront Home for Sale in Sanibel

845 E Gulf Drive 822, Sanibel, FL, 33957

2 beds2 baths981 sqft
PickleballTennisBoatingBeach AccessClubhouseCommunity PoolWaterfront

About this home

Turn-Key Gulfside Escape at Sanibel Moorings – Top-Floor Unit! Own a slice of paradise with effortless rental potential thanks to an on-site rental office that handles guest management while you’re away. Sanibel Moorings is one of the island’s most iconic, well-loved communities, with generations of vacationers returning for its charm, amenities, and unbeatable beachfront location. Step into this completely renovated 2-bedroom, 2-bath top-floor condo, designed for comfort, style, and convenience. From the open layout to the screened lanai, every detail invites you to relax and enjoy island living. The modern kitchen features granite counters, marble backsplash, stainless appliances, and lockable owner storage—a smart setup for hosting guests with ease. Bring your boat—dockside access makes Gulf adventures a breeze, and the direct beach access is just steps away. Light-filled bedrooms and updated baths are thoughtfully designed to offer a tranquil retreat for both owners and renters. Enjoy full access to resort-style amenities: Two heated pools, Tennis courts, Fishing & boating and Beachfront access with tropical landscaping! Whether you're searching for a personal island getaway or ahigh-performing rental, this unit checks all the boxes. Fully furnished, professionally managed, and ready to go—just bring your flip-flops.

Property details

Type
Condominium
Year built
1974
Interior
981 sqft
Lot size
4,848.228 sqft
Acreage
0.11 acres
Garage
None
Days on market
92
Total association fees
$16,464/yr (~$1,372/mo)
CDD
None
Est. taxes (1.4%)
$8,386/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

AssociationManagementCableTvInsuranceIrrigationWaterLaundryLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesSewerTrashWater

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

Amenities

BeachRightsBoatDockBeachAccessBoatRampBusinessCenterClubhouseLaundryBarbecuePicnicAreaPickleballPoolBoatSlipStorageTennisCourtsManagement
Below marketThis home is priced below comparable recent sales, a potential value.
This home
$611/sqft
Comp median
$681/sqft
Difference
-10%

Based on the $/sqft of 4 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
845 E Gulf Drive 331Feb 2026$650,0002/2975$667
671 E Gulf Drive 2C2Jun 2026$625,0002/2900$694
671 E Gulf Drive 3D2Jun 2026$625,0002/2875$714
671 E Gulf Drive 4D1Dec 2025$535,0002/2875$611
Average4 comps$608,750$672

Market trends, Sanibel

Median list
$980,000
Median $/sqft
$607
Median sold (90d)
$881,000
Avg days on market
174
Active listings
253
Median sold price · Sanibel
$892,500last 3 months7.7% vs $966,500 prior 3 months
Median closed price by month · Sanibel
6.5% MoM1.1% YoY
$458k$879k$1.3MJul ’25Aug ’26
$905,000Aug ’26 · 4 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 $94,000 (15.7%) from the original list price.

Oct 2, 2025Sold$505,000
Jun 3, 2025Listed$599,000

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 (~$16,464/yr)
Location convenienceHigh
Hospital
10.7 mi
HealthPark Medical Center
Beach
4.6 mi
Sanibel Island
Airport
14.7 mi
Page Field (Fort Myers)
Shopping
12.9 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.