$389,000

805 E Gulf DR 5-D, Sanibel, FL 33957

  • 2 beds |
  • 2 baths |
  • 902 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1971
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $431/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

Looking for the perfect island investment at a majorly reduced price? Sanibel Arms D5 presents a rare chance to secure your place in one of Sanibel’s most beloved beachfront communities during its exciting renewal phase. This complex is undergoing comprehensive renovations with anticipated completion in Summer of 2026. The transformation includes new impact windows, freshly painted exteriors, and revitalized amenities designed to make the entire property feel like new. This inviting 2-bedroom, 2-bath condo with a washer and dryer, offers the ideal blend of comfort, value, and future upside. Direct boating and kayaking access to the Gulf makes this a dream location for those who love exploring Sanibel’s waterways, spotting wildlife, and enjoying the island’s natural beauty. Once renovations are complete, a short stroll will lead you to the heated community pool and Sanibel’s iconic white sand beaches. The location places you right in the heart of the island lifestyle — bike to the Lighthouse, visit nearby shops and restaurants, or enjoy an evening ice cream after a sunset walk on the beach. This is the Sanibel experience buyers dream about. Inside the residence, you’ll find numerous updates already in place, including new impact windows and doors, tankless water heater, new A/C, recessed lighting, updated electrical panel, and large tile flooring throughout. The unit was fully updated prior to Ian and was not damaged, showcasing a newer kitchen and bathrooms. With some furniture remaining, the space is ready for your personal finishing touches. Sanibel Arms has long been known as one of the island’s best values. Upon completion, owners and guests will enjoy manicured grounds, a welcoming clubhouse, on-site management, and canal-side dockage for boating enthusiasts. Spend your days kayaking, watching dolphins glide by, or relaxing on Sanibel’s family-friendly shoreline. Whether you’re searching for a personal retreat or a savvy investment in Sanibel’s ongoing recovery and revitalization, this is a standout opportunity to buy into a community on the rise — and enjoy the rewards for years to come. Pictures are pre-Ian

Listing Status:
Active
Date Added:
February 20, 2026
Data Last Updated:
March 19, 2026 at 10:21PM
Listing Office:
Pfeifer Realty Group LLC : 239-472-0004
Listing Agent:
Kelly Huguenin : 423-903-4684
MLS ID:
2026007809
  • General: Breakfast BarLiving/Dining RoomShower OnlySeparate ShowerCable TVWindow Treatments
  • Appliances: DryerDishwasherDisposalIce MakerMicrowaveRangeRefrigeratorRefrigeratorWithIce MakerWasher
  • Laundry: Common AreaInside
  • Flooring: Tile
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: CentralElectric
  • General: CourtyardSecurity/High Impact Doors
  • Style: CourtyardLow Rise
  • Other Structures: PorchScreenedLanai
  • Pool: Community
  • Parking: AssignedGolf Cart GaragePavedOne Space
  • Roofing: Built-UpFlat
  • Windows: SlidingImpact GlassWindow Coverings
  • General: BlockConcreteStucco2
  • Road/Access: Paved
  • HOA Amenities: Beach RightsBoat DockBeach AccessBoat RampClubhouseLaundryBarbecuePicnic AreaPoolBoat SlipAssociation ManagementCable TVInsuranceIrrigation WaterLaundryLegal/AccountingMaintenance GroundsPest ControlRecreation FacilitiesSewerTrashWater0.0Monthly
  • Originating MLS: FGC_FORT
  • County: Lee
  • Zoning: SANIBEL ARMS CONDOMINIUM BLDG D OR 682 PG 691 APT 529-46-23-T1-0030D.0050
  • View: LandscapedPool
  • Utilities: Cable Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: FGC_FORT
  • Ownership: Condo

This listing courtesy of Kelly Huguenin , Pfeifer Realty Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

T

The Sanibel School

3840 Sanibel Captiva Rd, Sanibel, FL, 33957

Grades KG-8

5.13 miles away

T

The Sanibel School

3840 Sanibel Captiva Rd, Sanibel, FL, 33957

Grades KG-8

5.13 miles away

O

Oasis Charter High School

3519 Oasis Blvd, Cape Coral, FL, 33914

Grades 9-12

10.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby