B-202/2611 West Gulf Drive

Off Market

B-202/2611 West Gulf Drive

Sanibel FL 33957

2136 sq. ft.

0.11 ac.

Condo

Last sold for $275,000

Eric Pfeifer, last sold this property on 24 April 2026 after 59 days on market.

Overview

This gulf front condominium offers a rare opportunity to own in a private, non rental, residential only complex directly on the beach. The planned residence includes two bedrooms, two bathrooms, and a den, providing a flexible and functional floor plan once reconstruction is complete. IMPORTANT INFORMATION. The building is currently in the early stages of reconstruction. The list price of $500,000 reflects the condo interest only and does not represent the total cost to complete the unit. In addition to the purchase price, the buyer will be responsible for all remaining construction costs. Current estimates provided by the association indicate approximately $856,000 to deliver the unit to a white box condition, plus an estimated $300,000 for interior build out. All construction costs are estimates only and subject to change. This is not a finished unit and not a turnkey purchase. Buyers should expect an active construction environment during the rebuild process. Final layout, square footage, finishes, and completion timelines are subject to association approvals and construction progress. The association does not allow rentals, preserving the quiet, owner occupied atmosphere the community is known for. Prior to the storm, community amenities included a heated beachfront pool, cabana, security system, and covered parking. These amenities are anticipated to be restored upon completion of reconstruction but are not guaranteed. The condominium association historically maintained a master insurance policy, with premiums included in the association fees. Upon completion of reconstruction, building insurance is anticipated to be covered through the association, with owners responsible for interior coverage and personal contents. Insurance coverage, deductibles, limits, and future costs are subject to change and should be independently verified by the buyer. Located in a FEMA designated flood zone. Flood insurance and building requirements will apply once construction is completed. This offering is best suited for a buyer seeking long term value in a low density gulf front community who understands the costs, timelines, and variables involved in post storm reconstruction.

Features

2 bedrooms

2 bathrooms

2136 sq. ft. floor area

0.11 ac. lot size

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Sanibel over the last 12 months, the estimated median property value of B-202/2611 West Gulf Drive is $735.5k.

Median value

$735.5k

Estimated value range

$275k - $1.52m

Median days on market

138

Estimated value trend

-8%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Sanibel. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for B-202/2611 West Gulf Drive

2026

Sold

$275,000

24 Apr 2026 by Eric Pfeifer, of Pfeifer Realty Group LLC

Happy sellers in Sanibel

We have insufficient information to provide an overview of customer satisfaction for Sanibel. Viewing the agent profiles, reviews and sales for Sanibel can provide insights for this location.

Local market activity for 2 bedroom condos in Sanibel

In the last 12 months, 80 two-bedroom condos similar to B-202/2611 West Gulf Drive, have been sold.

This represents a 33% decrease in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Sanibel for a market analysis.

Kerry Wilson

at Veris Realty, LLC

(22 reviews)

Get a market analysis

Lesley Barton

at COLDWELL BANKER REALTY

(190 reviews)

Get a market analysis

Eric Pfeifer

at Pfeifer Realty Group LLC

Get a market analysis

Phaidra McDermott

at KINGFISHER REAL ESTATE INC.

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Sanibel

Kerry Wilson

Kerry Wilson is a recommended agent for Sanibel. They have 1 local sale and collected 2 local reviews across the last 12 months.

5 (22 reviews)
2 Reviews in Sanibel
1 Sale in Sanibel

View profile

Lesley Barton

Sellers who recommend Lesley Barton have praised them for being local expert, clear communication, responsive, supportive, dedicated, detail-oriented, and reliable