$1,095,000

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  • 2 Beds
  • 2 Baths
  • 986 Sqft
  • 9,000 Sqft lot
  • MLS#2026044079

About the Property

This is a rare pre-construction opportunity to purchase in one of Sanibel Island’s first new Gulf-front condominium developments in decades. The existing building will be demolished, and a new structure will be built to current codes and construction standards. On a prime stretch of Sanibel’s Gulf shoreline, this two-bedroom, two-bath residence will offer panoramic Gulf views, elevated ceiling hei
This is a rare pre-construction opportunity to purchase in one of Sanibel Island’s first new Gulf-front condominium developments in decades. The existing building will be demolished, and a new structure will be built to current codes and construction standards. On a prime stretch of Sanibel’s Gulf shoreline, this two-bedroom, two-bath residence will offer panoramic Gulf views, elevated ceiling heights, and a full wall of impact-rated glass along the waterfront. Built to modern structural standards, the new development will be one of the few condos built to current hurricane ratings, designed for durability, safety and low-maintenance coastal living. The owners are conveying their share in the association and will pay the $440,000 assessment at closing. Upon completion of the building construction, the residence will be delivered in white box condition, allowing the new owner to fully customize the interior layout, finishes and final design. An additional opportunity exists to purchase the neighboring unit, 204. Together, the two mirror-image top-floor residences could be combined into an approximately 2,000-square-foot, custom penthouse with four bedrooms and four baths, an uncommon configuration on Sanibel. On Sanibel’s desirable east end, the property offers convenient access to bike paths, the historic lighthouse, local shops, dining and the island’s renowned beaches. This is a unique chance to secure new Gulf-front construction and tailor a beachfront residence to your exact specifications. Once the construction is complete, there will be nothing comparable on the island.
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  • Property type

    Condo

  • Year built

    1978

  • Price/sqft

    $1,110

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527 E Gulf Drive , 203, Sanibel, FL 33957, Florida, United States View on Google Maps
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Tiffany Burns

Joined 7 years ago
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Tiffany Burns
Florida, United States
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2019
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Premier Sotheby's International Realty
Premier Sotheby's International Realty
11509 Andy Rosse Lane Suite 1B, 33924, Captiva, Florida, United States
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A mecca for shell collectors and a desirable destination along the Gulf, Premier Sotheby’s International Realty ser
A mecca for shell collectors and a desirable destination along the Gulf, Premier Sotheby’s International Realty serves the stunning coastal communities of Captiva Island. With 15 miles of unspoiled beach, 22 miles of bike paths, hundreds of birds and shells, and 50 types of fish, this tropical paradise boasts spectacular sunsets and unlimited recreation. Captiva real estate opportunities range from waterfront mansions and luxurious condominiums to classic cottages along the sand. The company’s global advisors have long, personal connections to the area and are well-versed in this sought-after market — which includes the distinctive communities of Captiva and Sanibel Island. For all your buying or selling needs along Florida’s Gulf Coast, our local experts will deliver an elevated experience.
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Last updated
Today
First listed
October 24
Listing reference
RBZ6P5
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