$8,900 Closing Credit¹
#225010227, Rose Dakos, Listing Office: VIP Realty Sanibel and Captiva
$749,000 List price
827 E Gulf Dr Unit L1 Sanibel, FL 33957
$8,894
Closing credit¹
2 beds
2 full
1,040 sqft
$720 / sqft
Condo
Property details
About 827 E Gulf Dr Unit L1
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!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,040 sqft
Year built1974
MLS #225008077
WaterfrontGulf
ViewBay, Gulf, Partial
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
- Flooring Type: Tile
- Interior: Breakfast Bar, Living/Dining Room, Shower Only, Separate Shower, Cable TV, High Speed Internet, Split Bedrooms
- Total Bedroom Count: 2
- Private Pool: No
- Waterfront: Gulf
- View: Bay, Gulf, Partial
- Exterior: Security/High Impact Doors, Outdoor Shower, Tennis Court(s)
- Architectural Style: Florida, Low Rise
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $749,000
- Price/SqFt: $720
- HOA Amount: $0
- Annual Tax Amount: $1,840
- Tax Year: 2023
- Lot: Oversized Lot
- Directions: From Causeway Rd continue straight on Lindgren Blvd - Make left on East Gulf Drive - Sanibel Arms West is on the right. Check in office is on the left.
- Year Built: 1974
- Living Area: 1,040 SqFt
- MLS Number: 225008077
- MLS Name: SWFL
- Office Name: VIP Realty Sanibel and Captiva
- Office Phone: (239) 472-5187
- Office Email: jhall@viprealtysales.com
- Listing Agent: Rose Dakos
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: 5/23/2025, 4:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$749,000
827 E Gulf Dr Unit L1
$8,894
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 06, 1997 | Home Sold | $260,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $126,894 | $1,840 |
| 2022 | $593,043 | $7,368 |
| 2021 | $455,885 | $7,368 |
| 2020 | $450,585 | $6,498 |
| 2019 | $433,628 | $6,313 |
| 2018 | $417,478 | $6,208 |
| 2017 | $420,708 | $6,403 |
History based on county public records data.
Nearby schools
10
Fort Myers Beach Elementary School
Public District KG-5
5.9 mi
•2751 Oak St
1
Harlem Heights Community Charter School
Public Charter KG-5
8.4 mi
•15570 Hagie Dr
6
Heights Elementary School
Public District KG-5
8.7 mi
•15200 Alexandria Ct
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
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. Residents of this area typically have post secondary degree education.
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/LPGA
Skiing/snowboarding
Figure Skating
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Kmart
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
Panera
What do the neighbors drive?
Lexus
Lincoln
Infiniti
What do the neighbors listen to?
Oldies
News/Talk/Information
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 827 E Gulf Dr Unit L1
The listing price of 827 E Gulf Dr Unit L1 property is $749,000.
The property 827 E Gulf Dr Unit L1 is a condo located in Sanibel, Florida, 33957.
Active Listing: 827 E Gulf Dr Unit L1 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 827 E Gulf Dr Unit L1 are: Fort Myers Beach Elementary School (GreatSchools Rating 10/10), Harlem Heights Community Charter School (GreatSchools Rating 1/10), Heights Elementary School (GreatSchools Rating 6/10), The Sanibel School (GreatSchools Rating 10/10), Lexington Middle School (GreatSchools Rating 4/10), Gulf Middle School (GreatSchools Rating 8/10), Oasis Charter High School (GreatSchools Rating 7/10), Ida S. Baker High School (GreatSchools Rating 4/10), Cypress Lake High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $1,840 (source: MLS/based on county public records data).
The last sale was on October 6, 1997 for $260,000 (source: MLS/tax record).
The property at 827 E Gulf Dr Unit L1 has 2 bedrooms and 2 bathrooms.
The property 827 E Gulf Dr Unit L1 is 1,040 SqFt (source: MLS/tax record).
The year of construction for 827 E Gulf Dr Unit L1 is 1974.
This home is located at 827 E Gulf Dr Unit L1 in Sanibel, FL and zip code 33957. This 1,040 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $749,000.
Over 1 listings were sold over their listed price in April 2025 in Sanibel, FL. In the same period over 22 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Sanibel, FL between March and April 2025 increased by 5.6%. The median list price of listings available in April 2025 was $930,000, while the average time on the real estate market was 130 days.
From Rocket Homes Real Estate and based on county public records data.