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For sale
  • $999,900

    487 E Gulf DR, SANIBEL, FL 33957

    3beds
    2,244sqft
    : 
    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
    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.
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    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#: 225065528MLS LogoOriginating MLS: Naples
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    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

    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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