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For sale
  • $749,000

    827 E Gulf Dr UNIT L1, Sanibel, FL 33957

    2beds
    1,040sqft
    : 
    Condominium
    Built in 1974
    -- sqft lot
    $675,200 Zestimate®
    $720/sqft
    $1,618/mo HOA

    What's special

    Tennis courtsRenovated bedrooms
    This stunning Gulf-view condo offers everything you need for a perfect coastal retreat or a solid investment. Featuring 2 beautifully renovated bedrooms and 2 baths, the condo exudes charm and comfort. Step outside and enjoy the gorgeous beach just moments away, or take advantage of the canal for some peaceful boating. The amenities are exceptional with a pool, tennis courts, and the opportunity for impressive rental income. With on-site rental management bringing in over $75,000 per year, the potential for return on investment is fantastic. Plus, Sanibel Arms West is about to open for rentals, offering even more opportunities to capitalize on this prime location. Don’t miss out on this incredible opportunity—whether you’re looking for a vacation home or a lucrative rental property, this condo checks all the boxes!
    201 days
    on Zillow
    |
    39
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 19, 2025 at 10:35am

    Listed by:

    Rose G Dakos 239-851-5188,

    Royal Shell Real Estate, Inc.

    Source: Sanibel And Captiva Island AOR,MLS#: 2250113MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 827 E Gulf Dr UNIT L1.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: DR/LR Combo, Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Internet Ready, Microwave, Electric Range, Refrigerator-Ice maker, Washer/Dryer Stacked, Water Heater
    Features
    • Breakfast Bar, 8 Ft Ceilings
    • Flooring: Tile
    • Windows: Impact Resistant Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 1,260
    • Total interior livable area: 1,040 sqft

    Property

    Parking
    • Parking features: Open
    Features
    • Patio & porch: Screened
    • Exterior features: Dock
    • Pool features: Community
    • Has view: Yes
    • View description: Part Gulf View
    • Has water view: Yes
    • Water view: Part Gulf View
    • Waterfront features: Gulf
    Details
    • Parcel number: 294623T1005L00010
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS
    Condition
    • Const. Complete
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Irrigation System

    Community & HOA

    Community
    • Security: Smoke Detector(s), See Remarks
    HOA
    • Has HOA: Yes
    • Amenities included: Internet, Pool, Tennis Court(s)
    • Services included: Exter Pest Control, Maintenance Structure, Insurance, Pest Control, Internet, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Pool Service, Sewer, Trash, Water
    • HOA fee: $1,618 monthly
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $720/sqft
    • Tax assessed value: $63,101
    • Annual tax amount: $7,368
    • Date on market: 1/21/2025
    • Listing terms: BTF/Cash
    • Lease term: 1 WK 7 Day Min Rental,Weekly
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