$10,000

closing credit¹

487 E Gulf Dr Sanibel, FL 33957

$1,898,900
3 beds
3 full, 1 partial
2,244 sqft
0.08 acres
$846 / sqft
Townhouse

Property details

About 487 E Gulf Dr

UNIQUE TURNKEY GULF FRONTAGE TOWNHOUSE WITH PRIVATE ELEVATOR!! Welcome to your dream coastal retreat! This stunning 2-story townhouse offers 2,288 sq ft of luxurious living space in a unique year-round private residential family setting—perfect for those seeking tranquility and exclusivity, as rentals are not permitted. Nestled right on the beach, this property boasts 250 feet of pristine Gulf frontage, allowing you to soak in breathtaking views and the soothing sound of waves just steps from your door. Inside, you'll find brand-new impact windows that not only enhance your home's beauty but also ensure your peace of mind. The interior is free from hurricane damage and water intrusion, providing a worry-free environment for your family. As you enter through your private elevator, you’ll be greeted by a magnificent great room featuring elegant stone flooring, striking 2-story coral walls, and a cozy fireplace that adds warmth and character. Floor-to-ceiling windows flood the space with natural light, while electric shutters offer convenience and privacy. The gourmet kitchen is a chef's delight, equipped with custom wood cabinetry and high-end appliances, making it the perfect space for culinary creativity. The primary bedroom suite offers deck access, allowing you to enjoy stunning sunrises or sunsets from the comfort of your own space. Additional highlights include a spacious 2-car garage with a brand-new garage door, ample extra storage, and a laundry room conveniently located within the unit. Your new home will also feature a surround sound system and ADT security throughout for added comfort and safety. Outside, a new pool is set to be completed this fall, creating an inviting oasis for relaxation and entertainment. Plus, an expansive wood dock will enhance your outdoor experience, perfect for enjoying the coastal lifestyle. Don’t miss the opportunity to make this exceptional townhouse your own—a true sanctuary by the sea! Contact us today for a private showing and start living the beach life you’ve always dreamed of!

Highlights

Home typeTownhouse
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size2,244 sqft
Lot size0.0807 Acres
Year built1982
ParkingAttached, Covered, Garage, Two Spaces, Garage Door Opener
MLS #224086579
Attached garage2 spaces
WaterfrontGulf
ViewGulf, Other, Pool, Water

Virtual tour

Summary

  • MLS Number: 224086579
  • MLS Name: SWFL
  • Office Name: EXP Realty LLC
  • Office Phone: (239) 227-3490
  • Office Email: a.shahin.broker@exprealty.net
  • Listing Agent: Claire Gogan

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view at dusk with a view of the beach and a water view

$1,898,900

487 E Gulf Dr

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
May 12, 2017
Home Sold
$1,600,000

Tax history

YearAssessmentProperty Tax
2023$1,503,655$22,015
2022$1,297,102$17,617
2021$1,411,830$17,617
2020$1,241,935$17,782
2019$1,329,145$19,626
2018$1,491,453$22,441
2017$1,520,523$23,385

History based on county public records data.

Nearby schools

10

Fort Myers Beach Elementary School

Public District KG-5

5.4 mi

2751 Oak St

5

Harlem Heights Community Charter School

Public Charter KG-5

7.8 mi

15570 Hagie Dr

7

Heights Elementary School

Public District KG-5

8.1 mi

15200 Alexandria Ct

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $76,119. The most common annual income of people living in Sanibel, FL is between $35k-100k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

6%
<35k
60%
35k-100k
23%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
1%
Single, with Kids
53%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
3%
12-17 yrs old
4%
18-34 yrs old
36%
35-64 yrs old
54%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans
  • PaneraPanera

What do the neighbors drive?

  • LexusLexus
  • LincolnLincoln
  • InfinitiInfiniti

What do the neighbors listen to?

  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 487 E Gulf Dr

This home is located at 487 E Gulf Dr in Sanibel, FL and zip code 33957. This 2,244 square foot home, which was built in 1982, sits on a 0.08 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 8, 2024 and is currently priced at $1,898,900.

Sanibel, FL housing market in December 2024 saw over 0 listings sold above listed price, more than 3 sold at listed price and over 8 sold below. Between November and December 2024, Sanibel, FL real estate market has seen increase in the number of listings by 27.3%. While the average time on the market in December 2024 was 41 days, the median list price was $995,000.

From Rocket Homes Real Estate and based on county public records data.

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