3 Bed Waterfront Home for Sale in Sanibel
1 / 40
▶ View Virtual Tour
For SaleMLS# 2026002021

$1,325,000

3 Bed Waterfront Home for Sale in Sanibel

3049 W Gulf Drive 101, Sanibel, FL, 33957

3 beds2 baths1,722 sqft
GatedBeach AccessCommunity PoolBoatingWaterfront

About this home

Welcome to Tantara #101, where effortless island living meets one of Sanibel’s most desirable Gulf-front locations. This three-bed/two-bath first-floor residence offers the rare convenience of easy access, combined with the relaxed elegance that defines life along West Gulf Drive. Just steps from the beach, this condo is perfectly positioned to enjoy Sanibel’s renowned shelling, shimmering Gulf waters, and unforgettable sunsets. The newly remodeled interior features a bright, open layout designed for comfort and coastal living. Natural light fills the living and dining areas, creating an inviting space for entertaining or unwinding after a day at the beach. Sliding glass doors covered with remote blinds extend the living space outdoors to a large lanai, offering seamless indoor-outdoor flow and a peaceful setting to enjoy warm Gulf breezes. The oversized kitchen is thoughtfully designed with ample storage and counter space, new stainless-steel appliances, quartz countertops, and a large island, making everyday living and hosting a breeze. The primary suite provides a private retreat with an en-suite bath and generous closet space with large sliders to the lanai, while two well-appointed guest bedrooms and an additional bath offer comfort for family and visitors. The first guest bedroom also has its own private porch allowing extra light to filter the room. Designated covered parking is found underneath the building, along with extra vented storage. Located along coveted West Gulf Drive, this residence places you close to Sanibel’s scenic bike paths, charming shops, local dining, and nature preserves. Schedule your showing today!

Property details

Type
Condominium
Year built
1985
Interior
1,722 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
189
Total association fees
$23,000/yr (~$1,917/mo)
CDD
None
Est. taxes (1.4%)
$18,550/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
South
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

AssociationManagementCableTvInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlReserveFundSewerTrashWater

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

Amenities

BeachRightsBeachAccessPoolManagement
Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

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.

Seeing several homes? Build a tour and we'll route it for you.

Your notes on this home

Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.

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
2721 W Gulf Drive 205Jun 2026$1,225,0003/21,750$700
731 Durion CourtDec 2025$999,0003/21,748$572
Average2 comps$1,112,000$636

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 $75,000 (5.4%) from the original list price.

Aug 20, 2026Price reducedfrom $1,300,000$1,325,000
Aug 20, 2026Back on market
Jan 23, 2026Listed$1,400,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1985 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$23,000/yr)
Location convenienceModerate
Hospital
14.5 mi
HealthPark Medical Center
Beach
1.5 mi
Sanibel Island
Airport
18.2 mi
Page Field (Fort Myers)
Shopping
16.5 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

Loading map…

Nearby schools

Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.

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.