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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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+18

827 E Gulf Drive L1

Sanibel, FL, 33957

Active

$749,000

827 E Gulf Drive L1

Sanibel, FL, 33957

Active

$749,000

2

Bedrooms

2

Bathrooms

1,040 sqft

Living Area

1974

Year Built

335

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

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!

Schedule a Showing

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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 Royal Shell Real Estate, Inc. via Florida Gulf Coast MLS

Last checked: July 22, 2026

Listing updated: December 22, 2025

© 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: 11ft

Special Flood Hazard Area

View FEMA Flood Map →
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Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$149,800 down

%
Principal & Interest$3,886/mo
Property Tax (est. ~1.2%, varies by county)$749/mo
Home Insurance (est.)$250/mo
Total Monthly Payment$4,885
Loan Amount: $599,200Rate: 6.75%
Get Pre-Qualified

Estimated payments only. Actual rates and terms may vary.

$749,000Tour the dockSchedule a Showing

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