$2,695,000
3 Bed Waterfront Home for Sale in Sanibel
3131 W Gulf Drive 305, Sanibel, FL, 33957
About this home
Experience the pinnacle of coastal contemporary luxury in this stunning 3-bedroom plus den, 3.5-bath Gulf-view penthouse, completely renovated in 2024 with exceptional craftsmanship and designer finishes. The custom-designed kitchen is a chef’s dream, featuring Thermador induction cooktop, professional series appliances, a Sub-Zero refrigerator/freezer, and an additional Viking refrigerator. Custom cabinetry and Cambria quartz countertops add a sleek, elegant touch, while ceramic tile flooring flows seamlessly throughout the open-concept living spaces. Walls of impact windows and doors showcase sweeping Gulf of Mexico views, and skylights fill the home with abundant natural light, creating a bright and inviting coastal ambiance. A private staircase leads to the upper sundeck area, the perfect retreat for entertaining or relaxing while enjoying spectacular sunsets over the water. Professionally furnished by Robb & Stucky, this residence embodies timeless design and modern sophistication.
Property details
- Type
- Condominium
- Year built
- 1994
- Interior
- 2,642 sqft
- Lot size
- 7,048.008 sqft
- Acreage
- 0.16 acres
- Garage
- 1 car
- Days on market
- 71
- Total association fees
- $30,000/yr (~$2,500/mo)
- CDD
- None
- Est. taxes (1.4%)
- $37,730/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
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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Your notes on this home
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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.
Price & status history
Down $195,000 (7.2%) from the original list price.
| Jan 28, 2026 | Sold | $2,500,000 |
| Oct 29, 2025 | Listed | $2,695,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- Built 1994 — pre-2002 construction may carry older wind codes and higher insurance
- Higher association fees (~$30,000/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.