EXCEPTIONAL PROPERTY PRICED TO SELL - GULF FRONTAGE TOWNHOUSE WITH PRIVATE ELEVATOR! This 2-story, 2244 sq ft townhouse is set in a unique year-round private residential community—no rentals allowed—offering unmatched tranquility and exclusivity. Situated directly ON THE BEACH with 250 feet of pristine GULF FRONTAGE, it features BRAND-NEW IMPACT WINDOWS, a private elevator opening to a dramatic great room with stone floors, soaring 2-story coral walls, and a fireplace. The interior is free from hurricane damage or water intrusion, and a new pool is scheduled for completion this fall. Floor-to-ceiling windows fill the home with natural light, complemented by electric shutters for convenience and privacy. Enjoy a chef’s kitchen with generous space for both cooking and dining, a primary suite with deck access, and a spacious 2-car garage with extra storage. A new pool will be completed this fall. This is the perfect property to embrace the coastal lifestyle at an unbeatable value! THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER, INQUIRE FOR MORE DETAILS**. Renderings that showcase furniture have been virtually staged.
For sale
$999,900
487 E Gulf DR, SANIBEL, FL 33957
3beds
2,244sqft
Est.:
Townhouse
Built in 1982
3,515.29 Square Feet Lot
$953,400 Zestimate®
$446/sqft
$2,667/mo HOA
What's special
Gulf frontageNew poolPrivate elevatorFloor-to-ceiling windowsDramatic great roomStone floorsElectric shutters
- 15 days
- on Zillow |
- 1,533 |
- 76 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 24, 2025 at 01:02pm
Listed by:
Claire Gogan 239-323-4603,
EXP Realty LLC,
Jackie LaVallee 617-792-4323,
EXP Realty LLC
Source: SWFLMLS,MLS#: 225065528
Originating MLS: Naples

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Great Room, Guest Bath, Guest Room, Loft, Open Porch/Lanai, 3 Bed
Bedroom
- Features: Master BR Upstairs
Dining room
- Features: Breakfast Bar, Dining - Family
Kitchen
- Features: Pantry
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Oven, Washer
- Laundry: Inside
Features
- Built-In Cabinets, Cathedral Ceiling(s), Closet Cabinets, Fireplace, Foyer, Smoke Detectors, Wired for Sound, Walk-In Closet(s), Window Coverings, Great Room, Guest Bath, Guest Room, Laundry in Residence, Loft, Open Porch/Lanai
- Flooring: Carpet
- Windows: Window Coverings, Impact Resistant Windows, Shutters Electric
- Has fireplace: Yes
Interior area
- Total structure area: 2,947
- Total interior livable area: 2,244 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Covered, Attached
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Deck, Open Porch/Lanai
- Exterior features: Storage
- Pool features: Community
- Spa features: Bath
- Has view: Yes
- View description: Gulf, Landscaped Area, Partial Buildings, Pool/Club, Water
- Has water view: Yes
- Water view: Gulf,Water
- Waterfront features: Gulf Frontage, On the Gulf Beach
Lot
- Size: 3,515.29 Square Feet
- Features: Across From Beach Access
Details
- Additional structures: Storage
- Parcel number: 204623T303100.4870
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Block, Frame, Stucco
- Foundation: Concrete Block
- Roof: Built-Up,Rolled/Hot Mop
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Water: Central
Community & HOA
Community
- Features: Pool, Non-Gated
- Security: Security System, Smoke Detector(s)
- Subdivision: TIGUA CAY CONDO
HOA
- Has HOA: Yes
- Amenities included: Beach Access, Bike Storage, Pool, Storage, Internet Access, Underground Utility
- HOA fee: $32,000 annually
Location
- Region: Sanibel
Financial & listing details
- Price per square foot: $446/sqft
- Tax assessed value: $745,714
- Annual tax amount: $11,081
- Date on market: 8/14/2025
- Lease term: Buyer Finance/Cash
- Road surface type: Paved
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