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805 E Gulf Drive #5-D, 
Sanibel, FL 33957

$389,000


2

Beds


2

Baths


902

Sq Ft


Condo


Virtual Tour

Active

Listed by

Kelly Huguenin

Pfeifer Realty Group LLC.

Last updated:

April 3, 2026, 03:04 PM

MLS#

2026007809

Source:

FL GFMB

About This Home

805 E Gulf Drive #5-D

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

Home Facts

Condo

2 Baths

2 Bedrooms

Built in 1971

Price Summary

389,000

$431 per Sq. Ft.

MLS #:

2026007809

Last Updated:

April 3, 2026, 03:04 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

902 Sq. Ft.


Structure

Structure

Architectural Style:

Courtyard, Low Rise

Building Area:

1,060 Sq. Ft.

Year Built:

1971


Finances & Disclosures

Finances

Price:

$389,000

Price per Sq. Ft:

$431 per Sq. Ft.

Source:FL GFMB
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.