About This Home

This 3-bedroom, 4-bathroom condo at 2959 W Gulf Drive #204 in Sanibel, FL is listed for $2,197,000 ($771 per sqft). Built in 1991, the home offers 2,850 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1991
  • 0.14 acre lot
  • 3 stories
  • Waterfront

Property Details

3 stories
3 full, 1 half
1-car garage
#204
1991

Amenities

WaterfrontA/C
Listing Description

Rare opportunity to reimagine this Southwestern exposure in one of Sanibel's finest and most distinguished Beach Front Condominiums. This home has been enjoyed by the same Family since 1993. Royale Tern #204 is a premier home with panoramic gulf front and sunset views from the large glassed corner lanai with wet-bar.

2850 sq.ft. includes 3BR/3.5BA, separate laundry room and open kitchen. Each BR has its own ensuite bath and balcony. This home has been restored Island Style beach design; providing a fresh opportunity for a new Owner to create with personal taste. Royale Tern is a private, six-unit condominium not allowing rentals or pets. The complex includes private pool, spa and grill. Shared pickleball, bocce and basketball courts are with Sanibel Sunset.

Monthly Cost Estimate

$17,730/mo

20% down · 6.5% · 30 years

Principal$1,589
Interest$9,520
Insurance$641
HOA$5,980

Estimates only. Actual payments may vary.

Location

2959 W Gulf Drive #204

Sanibel, FL 33957

ROYALE TERN CONDO

Features & Amenities

Interior Features

WetBarBreakfastBarSeparateFormalDiningRoomDualSinksLivingDiningRoomShowerOnlySeparateShowerCableTvHighSpeedInternetHomeOfficeSplitBedrooms

Exterior Features

PatioStorageShuttersElectricTennisCourts

Property Details

Flooring

Concrete

Construction

Block Concrete Stucco

Outdoor Features

PorchPatio

Parking

Underground/BasementAssignedGarageDrivewayGuest

Heating

CentralElectric (Heating)

Cooling

ElectricCentral AirCeiling Fan(s)

Questions & Answers

This 3-bedroom, 4-bathroom condo at 2959 W Gulf Drive is listed at $2,197,000 ($771/sqft). The estimated monthly payment is $17,730 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $5980/month.

Key features include: Built in 1991, 0.14 acre lot, 3 stories, Waterfront. Interior Features: WetBar, BreakfastBar, SeparateFormalDiningRoom. Exterior Features: Patio, Storage, ShuttersElectric.

This property is listed by Kathryn Gaeta.

KG

Kathryn Gaeta

License 280500127

Agent at Michael Saunders & Company

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

MLS# 225043747· Source: Florida Gulf Coast Multiple Listing Service, Inc.· 546 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.

2959 W Gulf Drive #204, Sanibel, FL 33957

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