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979 E Gulf Dr 514, Sanibel, FL – $995,000

  • $995,000 Price
  • 2 Beds
  • 2 Baths
  • 1,235 Living Sqft
  • $995,000 Price
  • 2 Beds
  • 2 Baths
  • 1,235 Living Sqft

979 E Gulf Dr 514

This is a very rare to the market direct Gulf front penthouse corner unit in Sanibel's popular Loggerhead Cay. Enjoy unprecedented 180 degree views of the Gulf of Mexico and miles of white sand beaches from almost every room of this stunning unit. Gulf front units in Loggerhead Cay enjoy a slightly different design and also offer a sliding glass door and second balcony off of the dining area which adds to the open feel & stunning Gulf views from inside the unit. The updated kitchen has been redesigned completely & offers an open inviting feel that flows perfectly into the dining and living areas. The spacious master bedroom highlights the breathtaking views & the large screened lanai is the ideal location for a dinner with a view. This unit also produces astounding rental income through vacation rentals and grossed just under $100k in 2019. If you are looking for views fit for a magazine, the ability to earn amazing income, or just your Sanibel dream vacation, this is it.

Essential Information

  • MLS® #2200073
  • Price$995,000
  • Bedrooms2
  • Bathrooms2.00
  • Full Baths2
  • Living Square Footage1,235
  • Total Square Footage1,425
  • Year Built1975
  • TypeCondo
  • Sub-TypeCondo
  • StatusActive


Contemporary, Penthouse, Split Bedrooms, Traditional

Community Information

  • Street Name979 E Gulf Dr 514
  • IslandSanibel
  • Condo NameLoggerhead Cay
  • IslandSanibel
  • StateFL
  • Zip Code33957


  • ParkingAssigned, Guest
  • ViewDirect Gulf
  • Is WaterfrontYes
  • WaterfrontBeach, Gulf, See Remarks
  • Has PoolYes


Clubhouse, Deeded Beach Access, Grills, Picnic Area, Pool, Separate Storage, Shuffleboard, Tennis Court(s), See Remarks


  • HeatingCentral Heat
  • CoolingCentral Air/Cooling


Cooktop, Dishwasher, Dryer, Microwave, Refrigerator-Ice maker, Wall Oven Elec, Washer, Water Heater


  • ExteriorStucco, Trim Wood

Exterior Features

Const. Complete, Poured Concrete, See Remarks


Picture, Single Hung, Sliding, Storm Protection None

Additional Information

  • Date ListedJanuary 17th, 2020
  • HOA Fees695.00
  • HOA Fees Freq.Monthly


1 WK 7 Day Min Rental, Breed Restrictions, Number of Pets, Pet Limits, Weight/Size Pet

Listing Details

  • OfficePremier Sotheby's Int'l Realty
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Price Change History for 979 E Gulf Dr 514, Sanibel, FL (MLS® #2200073)

Date Details Change
Price Reduced from $1,045,000 to $995,000 $50,000 (4.78%)

Premier Sotheby's Int'l Realty.

The information being provided by the Sanibel & Captiva Islands Association of Realtors®, Inc. is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.