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Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker

Blue Mar Real Estate Group Inc.

Licensed Florida Real Estate Broker · DBPR License CQ1018554

4000 Ponce De Leon Blvd, Suite 470, Coral Gables, FL 33146

[email protected]

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+16

2959 W Gulf Drive 204

Sanibel, FL, 33957

Active

$2,200,000

2959 W Gulf Drive 204

Sanibel, FL, 33957

Active

$2,200,000

3

Bedrooms

4

Bathrooms

2,850 sqft

Living Area

1991

Year Built

$5,980

HOA / Quarterly

448

Days on Market

Dock & Water AccessMLS

Gulf

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

Rare opportunity to reimagine this Southwestern exposure in one of Sanibel's finest and most distinguished Beach Front Condominiums.  This home has been enjoyed by the same Family since 1993.  Royale Tern #204 is a premier home with panoramic gulf front and sunset views from the large glassed corner lanai with wet-bar.  2850 sq.ft. includes 3BR/3.5BA, separate laundry room and open kitchen.  Each BR has its own ensuite bath and balcony.  This home suffered damage from Hurricane Ian and has been restored island style beach design; providing a fresh opportunity for a new Owner to create with personal taste.  Royale Tern is a private, six-unit condominium not allowing rentals or pets.  The complex includes private pool and spa, courts, bocce and grill.

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Location

Sanibel, FL, 33957

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of Michael Saunders & Company via Florida Gulf Coast MLS

Last checked: 15 hours ago

Listing updated: July 24, 2026

© 2026 Florida Gulf Coast Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Florida Gulf Coast Association of REALTORS®. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone AE
BFE: 10ft

Special Flood Hazard Area

View FEMA Flood Map →
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Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$440,000 down

%
Principal & Interest$11,415/mo
Property Tax (est. ~1.2%, varies by county)$2,200/mo
Home Insurance (est.)$250/mo
HOA Fees$1,993/mo
Total Monthly Payment$15,859
Loan Amount: $1,760,000Rate: 6.75%
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Estimated payments only. Actual rates and terms may vary.

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$2,200,000Tour the dockSchedule a Showing