$2,197,000
3 Bed Waterfront Home for Sale in Sanibel
2959 W Gulf Drive 204, Sanibel, FL, 33957
About this home
Rare opportunity to reimagine this Southwestern exposure in one of Sanibel's finest and most distinguished Beach Front Condominiums. This home has been enjoyed by the same Family since 1993. Royale Tern #204 is a premier home with panoramic gulf front and sunset views from the large glassed corner lanai with wet-bar. 2850 sq.ft. includes 3BR/3.5BA, separate laundry room and open kitchen. Each BR has its own ensuite bath and balcony. This home has been restored Island Style beach design; providing a fresh opportunity for a new Owner to create with personal taste. Royale Tern is a private, six-unit condominium not allowing rentals or pets. The complex includes private pool, spa and grill. Shared pickleball, bocce and basketball courts are with Sanibel Sunset.
Property details
- Type
- Condominium
- Year built
- 1991
- Interior
- 2,850 sqft
- Lot size
- 6,276.996 sqft
- Acreage
- 0.14 acres
- Garage
- 1 car
- Days on market
- 479
- Total association fees
- $23,920/yr (~$1,993/mo)
- CDD
- None
- Est. taxes (1.4%)
- $30,758/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
- No
- 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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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 |
|---|---|---|---|---|---|
| 2312 Starfish Lane | May 2026 | $1,800,000 | 4/3 | 2,833 | $635 |
| Average | 1 comps | $1,800,000 | $635 |
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
Up $47,000 (2.2%) from the original list price.
| Aug 17, 2026 | Price increasedfrom $2,200,000 | $2,197,000 |
| May 2, 2025 | Listed | $2,150,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- Built 1991 — pre-2002 construction may carry older wind codes and higher insurance
- Higher association fees (~$23,920/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.