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For sale
    • Price cut: $195K (6/26)
    $3,500,000

    503 E Gulf Dr #A, Sanibel, FL 33957

    4beds
    2,686sqft
    : 
    $26,256/mo
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    Condominium
    Built in 1989
    -- sqft lot
    $3,092,600 Zestimate®
    $1,303/sqft
    $3,458/mo HOA

    What's special

    Screened-in lanaiTrash compactorSoaring cathedral ceilingsModern kitchenSolid wood doorsWine cooler
    Beach lovers and boaters will appreciate this furnished modern/mid-century gulf front condo - one of only two units - offering 4 bedrooms, 4.5 baths with panoramic views of the gulf. Soaring cathedral ceilings creates the feeling of spaciousness in the living area and modern kitchen which features an expansive island with breakfast bar, 8-burner gas stove, double-oven, steam/warming tray, wine cooler, and trash compactor. Extensive use of wood throughout, solid wood doors, and 3 gulf front lanais. Two guest bedrooms with en suite bathroom and balcony. Beautiful gulf view from primary bedroom with screened-in lanai, bathroom with large walk-in shower, 2 shower heads & double vanities. 4-car tandem garage, and lower level walkout lanai leading directly to the private boardwalk to the beach. Condo is part of Kinzie Island’s HOA enjoying a 50' pool, assigned boat slip on canal with gulf access, private beach lockers, showers & restrooms, fitness center, clay tennis/pickleball and bocce courts. This is a truly one-of-a-kind property on Sanibel and a lifestyle that's second to none!
    485 days
    |
    214
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tina DiCharia 239-340-5636,

    Royal Shell Real Estate, Inc.

    Source: Sanibel And Captiva Island AOR,MLS#: 2250575MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: DR/LR Combo, Kitchen, Laundry, Office, Workshop
      Primary bedroom
      • Features: Balcony, Cathedral Ceiling(s), Walk-In Closet(s)
      • Level: Second
      Primary bathroom
      • Features: Double Vanity, Shower Only, Tile
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air, Zoned
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Dryer, Internet Ready, Microwave, Gas Range, Refrigerator-Ice maker, Oven, Trash Compactor, Washer, Water Heater, Water Treatment, Wine Cooler
      • Laundry: Laundry Room, Sink
      Features
      • Breakfast Bar, Eat-in Kitchen, Pantry, Storage, Central Vacuum, Cathedral Ceiling(s), Tray Ceiling(s)
      • Flooring: Tile
      • Doors: Sliding Doors, Impact Resistant Doors, Wind Rated Garage Door
      • Windows: Impact Resistant Windows, Sliding
      • Has fireplace: No
      Interior area
      • Total structure area: 4,426
      • Total interior livable area: 2,686 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Garage Door Opener, Other, See Remarks
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Screened
      • Exterior features: Storage, Dock, Balcony
      • Pool features: Community
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Gulf
      Details
      • Parcel number: 204623T30380000A0
      • Other equipment: Irrigation Equipment

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Stucco
      • Foundation: Piling Concrete
      Condition
      • Const. Complete
      • Year built: 1989

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public, Irrigation System

      Community & HOA

      Community
      • Security: None/Not Applicable
      HOA
      • Has HOA: Yes
      • Amenities included: Boat Dock, Clubhouse, Deeded Beach Access, Fitness Center, Pickleball, Pool, Restricted Rentals, Storage, Shuffleboard Court, Tennis Court(s)
      • Services included: Landscape/Lawn, Legal and Accounting, Pool Service, Recreation Facilities
      • HOA fee: $7,375 quarterly
      • HOA phone: 239-472-5020
      • Second HOA fee: $3,000 quarterly
      Location
      • Region: Sanibel

      Financial & listing details

      • Price per square foot: $1,303/sqft
      • Tax assessed value: $1,552,773
      • Annual tax amount: $15,015
      • Date on market: 4/22/2025
      • Cumulative days on market: 484 days
      • Listing terms: BTF/Cash
      • Lease term: Monthly

        Estimated market value

        $3,092,600

        $2.94M - $3.25M

        $5,596/mo

        Price history

        DateEventPrice
        6/26/2026Price change$3,500,000-5.3%$1,303/sqft
        Source: Florida Gulf Coast MLS #225038492 Report a problem
        4/17/2026Price change$3,695,000-5.1%$1,376/sqft
        Source: Florida Gulf Coast MLS #225038492 Report a problem
        8/3/2025Price change$3,895,000-2.5%$1,450/sqft
        Source: Sanibel And Captiva Island AOR #2250575 Report a problem
        4/22/2025Price change$3,995,000-0.1%$1,487/sqft
        Source: Sanibel And Captiva Island AOR #2250575 Report a problem
        3/19/2025Listed for sale$4,000,000-11%$1,489/sqft
        Source: Owner Report a problem
        10/14/2022Listing removed--
        Source: Florida Gulf Coast MLS #222059990 Report a problem
        8/17/2022Listed for sale$4,495,000+95.4%$1,673/sqft
        Source: Sanibel And Captiva Island AOR #2220578 Report a problem
        2/23/2015Sold$2,300,000-7.8%$856/sqft
        Source: Florida Gulf Coast MLS #215005715 Report a problem
        1/25/2015Listed for sale$2,495,000+34.9%$929/sqft
        Source: VIP Realty Group,Inc #215005715 Report a problem
        7/12/2010Sold$1,850,000$689/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,480 +50.3%$759,287 +10%
        2024$10,297 -64.8%$690,261 -66.3%
        2023$29,251 +8.2%$2,047,644 +3%
        2022$27,045 -1%$1,988,004 +3%
        2021$27,321 +0.2%$1,930,101 +1.4%
        2020$27,267 +1.6%$1,903,453 -5%
        2019$26,842 $2,002,601 +9.7%
        2018$26,842 -0.2%$1,825,965 +2.1%
        2017$26,891 -0.2%$1,788,408 +2.1%
        2016$26,937 +0.3%$1,751,624 +7.5%
        2015$26,847 +3.8%$1,628,699 +8%
        2014$25,861 +7.8%$1,508,401 +13.4%
        2013$23,999 +20.8%$1,329,706 +11.1%
        2012$19,863 -5.7%$1,196,956 -4.4%
        2011$21,062 -2.7%$1,251,502 -0.3%
        2010$21,652 -13.4%$1,254,915 -17.4%
        2009$24,990 -2%$1,519,560 -6.4%
        2007$25,503 -3.7%$1,622,950 +1.6%
        2006$26,476 -5.6%$1,597,290 +6%
        2004$28,053 +100.7%$1,506,750 +101.6%
        2003$13,975 -1.2%$747,460 +0.8%
        2002$14,142 $741,500 +8.2%
        2000-- $685,320
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33957

        Getting around

        9 / 100
        Car-Dependent
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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