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Sold for $700,000
  • $700,000

    845 E Gulf DR #111, SANIBEL, FL 33957

    2beds
    981sqft
    Condominium
    Built in 1973
    -- sqft lot
    $921,800 Zestimate®
    $714/sqft
    $2,051 Estimated rent

    Home value

    $921,800

    $802,000 - $1.06M

    $2,051/mo

    Zestimate® history
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    What's special

    Modern finishesUpdated second bathroomUpdated interior doorsQuartz countertopsContemporary fixturesFully updated coastal residenceOpen-concept layout
    Beautifully Remodeled Beach-Side Condo on Sanibel Island! Welcome to 845 E Gulf Drive, Unit 111 — an exceptional, fully updated coastal residence offering modern finishes, strong income-producing potential, and an unbeatable East End location just steps from the Gulf of Mexico. This first-floor unit has been completely remodeled with attention to detail throughout. The open-concept layout features new flooring, fresh coastal-inspired paint, updated interior doors, upgraded lighting, and refined craftsmanship that creates a bright, inviting atmosphere. The kitchen has been tastefully redesigned with new cabinetry, quartz countertops, stainless steel appliances, and a stylish tile backsplash, making meal preparation both functional and beautiful. The spacious living and dining areas open to sliding glass doors that provide plentiful natural light and lead to a relaxing screened lanai overlooking the community’s lush tropical landscaping. Perfect for unwinding after a day at the beach or enjoying evening breezes. The primary bedroom offers comfort and privacy with its fully renovated en-suite bathroom, showcasing a walk-in shower, modern tilework, and contemporary fixtures. The guest bedroom and updated second bathroom make the unit ideal for hosting friends, family, or vacation renters. This residence is not offered turnkey, allowing you to bring your own furnishings and personal touches to make the space your own. The renovations are complete—leaving you with a clean, modern canvas ready for your design vision. With excellent rental income potential, proximity to Sanibel’s world-famous beaches, and quick access to the causeway, bike paths, restaurants, and island amenities, this condo offers both strong investment value and a serene personal retreat. Community amenities may include pool, tennis/pickleball courts, BBQ areas, beach access, and on-site rental options . Beautifully remodeled, move-in ready, and ideally located—Unit 111 at 845 E Gulf Drive delivers the best of Sanibel coastal living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Loukas Masouras 239-272-7330,

    Realty One Group MVP

    Bought with:

    Michal Showalter

    Home Team Advantage Realty

    Source: SWFLMLS,MLS#: 225078840MLS LogoOriginating MLS: Naples

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Screened Lanai/Porch, 2 Bed
    Dining room
    • Features: Dining - Living, Eat-in Kitchen
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Electric Cooktop, Dishwasher, Double Oven, Microwave, Refrigerator/Icemaker
    • Laundry: Washer/Dryer Hookup
    Features
    • Built-In Cabinets, Screened Lanai/Porch
    • Flooring: Laminate
    • Windows: Storm Protection (Other)
    • Has fireplace: No
    Interior area
    • Total structure area: 981
    • Total interior livable area: 981 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Detached Carport
    • Carport spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Screened Lanai/Porch
    • Exterior features: Boat Slip
    • Pool features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf Frontage
    Lot
    • Size: 4,107 Square Feet
    • Features: Zero Lot Line
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 294623T100400.0111

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Roof: Built-Up
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Water: Central

    Community & HOA

    Community
    • Features: Clubhouse, Pool, Tennis Court(s), Non-Gated
    • Security: Smoke Detector(s)
    • Subdivision: SANIBEL MOORINGS CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Access, Clubhouse, Community Boat Slip, Pool, See Remarks, Tennis Court(s)
    • HOA fee: $26,832 annually
    Location
    • Region: Sanibel

    Financial & listing details

    • Price per square foot: $714/sqft
    • Tax assessed value: $772,043
    • Annual tax amount: $825
    • Date on market: 11/18/2025
    • Lease term: Buyer Finance/Cash
    • Contingency: Inspection

    Price history

    DateEventPrice
    2/10/2026Sold$700,000-11.9%$714/sqft
    Source: SWFLMLS #225078840 Report a problem
    1/23/2026Pending sale$794,990$810/sqft
    Source: SWFLMLS #225078840 Report a problem
    12/5/2025Price change$794,990-0.6%$810/sqft
    Source: SWFLMLS #225078840 Report a problem
    11/18/2025Listed for sale$799,990$815/sqft
    Source: SWFLMLS #225078840 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,895 +1219.1%$772,043 +1251.6%
    2024$826 -50.6%$57,119 -50.4%
    2023$1,672 -84.2%$115,150 -81.5%
    2022$10,586 +31.6%$620,838 +10%
    2021$8,041 -0.2%$564,398 +1.1%
    2020$8,055 +3.1%$557,983 +3.9%
    2019$7,814 $536,988 -0.2%
    2018$7,814 -2.2%$537,795 -0.9%
    2017$7,994 -3.2%$542,640 +8.7%
    2016$8,254 +6.8%$499,078 +4.7%
    2015$7,730 +1.9%$476,700 +5%
    2014$7,586 +3.9%$453,900 -15.3%
    2013$7,300 -2%$536,109 -0.1%
    2012$7,450 +28.2%$536,700 +53.6%
    2011$5,811 -19.5%$349,400 -17.4%
    2010$7,216 -5.8%$423,200 -9%
    2009$7,660 -15.8%$465,080 -20%
    2008$9,098 -3.4%$581,000 -3%
    2007$9,421 -7.9%$599,000 -2.9%
    2006$10,235 -7.7%$617,000 +3.7%
    2004$11,086 +0.6%$595,000 +0.8%
    2003$11,023 +58.3%$590,000 +61.6%
    2002$6,965 $365,000 +19.7%
    2000-- $305,000
    Find assessor info on the county website

    Neighborhood: 33957

    Nearby schools

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