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About This Home

This 3-bedroom, 4-bathroom condo at 2959 W Gulf Drive in Sanibel, FL is listed for $2,295,000 ($805 per sqft). Built in 1991, the home offers 2,850 sqft of living space on a 0.14 acres lot.

Agent Description

INNOVATIVE AND CREATIVE DESIGN WORK NOW IN PROGRESS!. 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 plumbing.

2850 sq.ft. includes 3BR/3.5BA, separate laundry room and open kitchen. Each BR has its own ensuite bath and balcony. This home suffered damage from Hurricane Ian and has been restored; 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 and spa, courts, and grill.

Key Features

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

Property Details

3 stories
3 full, 1 half
#204
1991

Amenities

WaterfrontA/C

Monthly Cost Estimate

$18,234/mo

20% down · 6.5% · 30 years

Principal$1,660
Interest$9,945
Insurance$669
HOA$5,960

Estimates only. Actual payments may vary.

Location

2959 W Gulf Drive

Sanibel, FL 33957

ROYALE TERN CONDO

Features & Amenities

Interior Features

WetBarBreakfastBarBidetBathtubSeparateFormalDiningRoomDualSinksJettedTubLivingDiningRoomSeparateShowerCableTvHighSpeedInternetHomeOfficeSplitBedrooms

Exterior Features

PatioStorageShuttersElectricTennisCourts

Property Details

Flooring

Concrete

Construction

Block Concrete Stucco

Pool Features

PatioPorch

Parking

Underground/BasementAssignedGarageDrivewayGuest

Heating

CentralElectric (Heating)

Cooling

Ceiling Fan(s)ElectricCentral Air

Questions & Answers

This 3-bedroom, 4-bathroom condo at 2959 W Gulf Drive is listed at $2,295,000 ($805/sqft). The estimated monthly payment is $15,905 based on 20% down at 6.5% interest.

HOA fees are $5960/month.

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

This property is listed by Kathryn Gaeta and can be reached at 2394706815 or anga@aol.com.

KG

Kathryn Gaeta

Agent at Michael Saunders & Company

(239) 470-6815

Listed by Michael Saunders & Company · View on Broker Site

MLS# 225043747· Source: listhub· Updated 395 days ago

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, Sanibel, FL 33957

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