About This Home

This 2-bedroom, 3-bathroom condo at 497 E Gulf Drive #4 in Sanibel, FL is listed for $1,450,000 ($1,248 per sqft). Built in 1984, the home offers 1,162 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1984
  • 0.08 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
2 full, 1 half
#4
1984

Amenities

WaterfrontA/C
Listing Description

DIRECT GULF-FRONT IN UP & RUNNING CONDO COMPLEX. Saint Croix is fully operational and free of insurance complications, a huge plus for buyers. Move in right away to this remodeled two-floor condo on Sanibel's east end. The view of the Gulf of Mexico is open, sweeping and magnificent.

Saint Croix's 4-condo complex offers exceptional privacy and these units are rarely available for purchase on the market. The upscale remodel is stunning: Guayacan 8x48 porcelain plank tile throughout the downstairs and in all bathrooms and both lanais; Islandair Ocean Spray Oak wood flooring on the top level; the kitchen features new granite counter tops, new cabinets and new appliances; crown molding and new baseboards installed in all rooms.

There are two lanais, one on each floor, facing the Gulf: they each have hurricane-glass sliding windows, new screens and new ceiling fans. Additionally, the owners installed a new counter and sink in the downstairs lanai, and the water heater, heating and AC units are new as of October 2022. The east end is known for the Sanibel Lighthouse, the charming shopping areas and bike paths, and easy access to the Sanibel Causeway.

Monthly Cost Estimate

$16,755/mo

20% down · 6.5% · 30 years

Principal$1,049
Interest$6,283
Insurance$423
HOA$9,000

Estimates only. Actual payments may vary.

Location

497 E Gulf Drive #4

Sanibel, FL 33957

ST CROIX CONDOMINIUM

Features & Amenities

Interior Features

BreakfastBarDualSinksLivingDiningRoomShowerOnlySeparateShowerUpperLevelPrimary

Exterior Features

SecurityHighImpactDoorsStorage

Property Details

Flooring

WoodTile

Construction

Block Concrete Stucco

Outdoor Features

Porch

Parking

Underground/BasementCoveredCarport

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

DryerDishwasherMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 2-bedroom, 3-bathroom condo at 497 E Gulf Drive is listed at $1,450,000 ($1,248/sqft). The estimated monthly payment is $16,755 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $9000/month.

Key features include: Built in 1984, 0.08 acre lot, 2 stories, Waterfront. Interior Features: BreakfastBar, DualSinks, LivingDiningRoom. Exterior Features: SecurityHighImpactDoors, Storage.

This property is listed by Arika Bjorkedal.

AB

Arika Bjorkedal

License 502018571

Agent at Michael Saunders & Company

Listed by Michael Saunders & Company · Broker phone: (941) 639-0000 · View on Broker Site

MLS# 2025021457· Source: Florida Gulf Coast Multiple Listing Service, Inc.· 337 days on PropertySimple

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

497 E Gulf Drive #4, Sanibel, FL 33957

Open this listing in: