827 E Gulf Drive #L1, Sanibel, FL 33957
Local realty services provided by:ERA Real Solutions Realty
Listed by: rose dakos
Office: royal shell real estate, inc.
MLS#:225008077
Source:FL_GFMB
Price summary
- Price:$749,000
- Price per sq. ft.:$594.44
About this home
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!
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Home facts
- Year built:1974
- Listing ID #:225008077
- Added:415 day(s) ago
- Updated:March 11, 2026 at 02:43 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile
- Kitchen Description:Dishwasher, Disposal, Freezer, Microwave, Range, Refrigerator
- Living area:1,040 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Built Up, Flat
- Year built:1974
- Building area:1,040 sq. ft.
- Architectural Style:Florida, Low Rise
- Construction Materials:Block, Concrete, Stucco
- Exterior Features:Lanai, Outdoor Shower, Porch, Screened, Security High Impact Doors, Tennis Courts
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$749,000
- Price per sq. ft.:$594.44
- Tax amount:$1,841 (2023)
Features and amenities
- Laundry features:Common Area, Dryer, Inside, Laundry, Washer
- Amenities:Pool, Storage
- Pool features:Community, Pool
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