USAFLSanibelSanibel Arms5-D-805 E Gulf Dr

New

$389,000

A day ago

5-D - 805 E Gulf Dr, Sanibel, FL

Name: 5-D - 805 E Gulf Dr, For Sale in SANIBEL - eXp Realty
Brand: Pfeifer Realty Group LLC
SKU: 2026007809
Price: 389000 USD

Condo

2 Bed

2 Bath

902 sqft

MLS® 2026007809

Key Facts
Description
Map

Key Facts

Type Condominium

Levels Residential

Size 902 sqft

Garage No

HOA Fees $53,904

Taxes $984

Days Active 0

Approx. Age 1971

Avg. Price Per Sqft $431

MLS® Number 2026007809

Property Address: 5-d-805 E Gulf Dr, SANIBEL, FL, 33957

Average square foot calculated using Size range provided by listing agent.

Description

Looking for the perfect island investment at a majorly reduced price? Sanibel Arms D5 presents a rare chance to secure your place in one of Sanibel’s most beloved beachfront communities during its exciting renewal phase. This complex is undergoing comprehensive renovations with anticipated completion in Summer of 2026. The transformation includes new impact windows, freshly painted exteriors, and revitalized amenities designed to make the entire property feel like new. This inviting 2-bedroom, 2-bath condo with a washer and dryer, offers the ideal blend of comfort, value, and future upside. Direct boating and kayaking access to the Gulf makes this a dream location for those who love exploring Sanibel’s waterways, spotting wildlife, and enjoying the island’s natural beauty. Once renovations are complete, a short stroll will lead you to the heated community pool and Sanibel’s iconic white sand beaches. The location places you right in the heart of the island lifestyle — bike to the Lighthouse, visit nearby shops and restaurants, or enjoy an evening ice cream after a sunset walk on the beach. This is the Sanibel experience buyers dream about. Inside the residence, you’ll find numerous updates already in place, including new impact windows and doors, tankless water heater, new A/C, recessed lighting, updated electrical panel, and large tile flooring throughout. The unit was fully updated prior to Ian and was not damaged, showcasing a newer kitchen and bathrooms. With some furniture remaining, the space is ready for your personal finishing touches. Sanibel Arms has long been known as one of the island’s best values. Upon completion, owners and guests will enjoy manicured grounds, a welcoming clubhouse, on-site management, and canal-side dockage for boating enthusiasts. Spend your days kayaking, watching dolphins glide by, or relaxing on Sanibel’s family-friendly shoreline. Whether you’re searching for a personal retreat or a savvy investment in Sanibel’s ongoing recovery and revitalization, this is a standout opportunity to buy into a community on the rise — and enjoy the rewards for years to come.

MLS® Number2026007809

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelCommon Area, Laundry in Residence

Exposure

Exterior

GarageNo

Approx. Age1971

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 20, 2026List Date

$389,000List Price

Home Appraisal

This property is estimated to sell between: $389,000 and $873,000.

Similar properties in this area sold on average for: $711,666

Expected to sell in 281 days. Similar properties sold in 281 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Commute

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Starting Address

Destination Address

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