For sale

Price cut: $3K (8/17)

$2,197,000

2959 W Gulf Dr Unit 204, Sanibel, FL 33957

3beds

2,850sqft

$15,441/mo

Get pre-qualified

Condominium

Built in 1991

-- sqft lot

$1,657,200 Zestimate^®

$771/sqft

$1,993/mo HOA

What's special

Separate laundry roomSouthwestern exposureOpen kitchen

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 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, spa and grill. Shared pickleball, bocce and basketball courts are with Sanibel Sunset.

477 days

433

22

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Rooms

Room types: DR/LR Combo, Kitchen, Laundry, Living Room, Great Room

Primary bedroom

Features: Balcony, Tile, Walk-In Closet(s), Wet Bar

Primary bathroom

Features: Dbl Sinks, Double Vanity, Sep. Shower

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator-Ice maker, Washer, Water Heater
Laundry: Laundry Room, Sink

Features

8 Ft Ceilings, Tray Ceiling(s), Split Bedrooms, Elevator
Flooring: Tile
Doors: Shutters Electric, Sliding Doors, Impact Resistant Doors
Windows: Casement, Impact Resistant Windows, Sliding
Has fireplace: No

Interior area

Total structure area: 2,871
Total interior livable area: 2,850 sqft

Property

Parking

Parking features: Assigned, Covered, Guest, Under Bldg

Accessibility

Accessibility features: Accessible Elevator Installed, Accessible Entrance

Features

Patio & porch: Patio
Exterior features: Storage, Balcony
Pool features: Community
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Gulf

Details

Parcel number: 344622T2028002040
Other equipment: Irrigation Equipment

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Stucco
Foundation: Piling Concrete

Condition

Year built: 1991

Utilities & green energy

Sewer: Public Sewer
Water: Public, Irrigation System, Reclaimed Water Meter

Community & HOA

Community

Security: Smoke Detector(s), None/Not Applicable

HOA

Has HOA: Yes
Amenities included: Basketball Court, Cable TV, Elevator(s), Internet, No Rentals, Pickleball, Pool, Storage, Spa/Hot Tub
Services included: Elevator, Exter Pest Control, Insurance, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Pool Service, Recreation Facilities
HOA fee: $5,980 quarterly
HOA phone: 239-472-5020

Location

Region: Sanibel

Financial & listing details

Price per square foot: $771/sqft
Tax assessed value: $555,009
Annual tax amount: $7,524
Date on market: 5/2/2025
Cumulative days on market: 478 days
Listing terms: BTF/Cash

Estimated market value

$1,657,200

$1.41M - $1.97M

$5,915/mo

Price history

Date	Event	Price
8/17/2026	Price change	$2,197,000-0.1%$771/sqft
Source: Sanibel And Captiva Island AOR #2250603 Report a problem
7/24/2026	Price change	$2,200,000-4.1%$772/sqft
Source: Sanibel And Captiva Island AOR #2250603 Report a problem
10/7/2025	Price change	$2,295,000+6.7%$805/sqft
Source: Florida Gulf Coast MLS #225043747 Report a problem
5/2/2025	Listed for sale	$2,150,000+72.3%$754/sqft
Source: Sanibel And Captiva Island AOR #2250603 Report a problem
6/13/2024	Listing removed	--
Source: Sanibel And Captiva Island AOR #2220839 Report a problem
4/22/2021	Sold	$1,247,500-50%$438/sqft
Source: Florida Gulf Coast MLS #221004365 Report a problem
2/9/2021	Pending sale	$2,495,000$875/sqft
Source: Sanibel And Captiva Island AOR #2210049 Report a problem
2/8/2021	Contingent	$2,495,000$875/sqft
Source: Sanibel And Captiva Island AOR #2210049 Report a problem
2/8/2021	Pending sale	$2,495,000$875/sqft
Source: VIP Realty Group Inc #2210049 Report a problem
1/25/2021	Listing removed	--
Source: Sanibel And Captiva Island AOR Report a problem
1/18/2021	Listed for sale	$2,495,000+6.2%$875/sqft
Source: VIP Realty Group Inc #2210049 Report a problem
6/30/2020	Listing removed	$2,350,000$825/sqft
Source: VIP Realty Group,Inc #220036582 Report a problem
6/11/2020	Listed for sale	$2,350,000$825/sqft
Source: VIP Realty Group Inc #2200505 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,837 -0.4%	$555,009
2024	$7,871 -33.2%	$555,009 -32.2%
2023	$11,782 -62.2%	$818,525 -64.1%
2022	$31,165 +24.9%	$2,282,727 +30.2%
2021	$24,943 -0.1%	$1,753,003 +1.3%
2020	$24,959 +3.1%	$1,731,280 +3.9%
2019	$24,209	$1,665,873 -0.1%
2018	$24,209 -2.2%	$1,667,488 +42.5%
2017	$24,752 +43.4%	$1,170,094 -17.7%
2016	$17,259 +0.3%	$1,421,247 -13.5%
2015	$17,202 -2%	$1,642,600 +8.1%
2014	$17,550 -0.3%	$1,518,900 +7.9%
2013	$17,595 +1.5%	$1,407,050 -0.1%
2012	$17,334 +1.6%	$1,408,600 +18.3%
2011	$17,062 -0.9%	$1,190,600 +13.8%
2010	$17,223 -10.5%	$1,046,200 -38.6%
2009	$19,244 +5.3%	$1,704,100 +41.5%
2008	$18,275 -8.9%	$1,204,000 -7.4%
2007	$20,059 -13.1%	$1,300,000 -8.3%
2006	$23,086 -4.6%	$1,417,000 +9%
2004	$24,200 +1.7%	$1,300,000 +2%
2003	$23,802 -2%	$1,275,000
2002	$24,284	$1,275,000 +14%
2000	--	$1,118,000