845 E Gulf DR, Sanibel, FL, 33957 | $794,990

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.

Features

  • Building Design: Low Rise (1-3)
  • Parking: 1 Assigned
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 2
  • Amenities: Beach Access,Clubhouse,Community Boat Slip,Community Pool,See Remarks,Tennis Court
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: SANIBEL MOORINGS CONDO
  • Development: SANIBEL MOORINGS CONDO
  • Year Built: 1973
  • Approx Sq. Feet: 981
  • Acreage: 0.09
  • Est. Taxes: $826
  • Condo Fee: $2,236 Monthly
  • Lot Desc: Zero Lot Line
  • View: Gulf
  • Community Type: Non-Gated
  • Water Front: Yes
  • Boat Access: Boat Slip
  • Pet Policy: Limits
  • MLS#: 225078840
  • Website: https://www.raveis.com
    /prop/225078840/845egulfdr_sanibel_fl?source=qrflyer
Copyright © 2025  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Realty One Group MVP

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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845 E Gulf DR, Sanibel, FL, 33957

$794,990

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $635,992 $635,992 $635,992
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.397% 6.304% 5.628%
Monthly Tax Payment $69 $69 $69
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,661 $3,864 $5,155
Total Monthly Payment $3,822 $4,025 $5,316

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.