Sanibel Arms #C7

Sanibel Arms #C7, 805 East Gulf Dr

2nd Floor Canal-View 1-Bedroom in Complex Soon to Reopen

Conveniently on Sanibel’s east end with easy access to the causeway, shared-use bike paths, marina, restaurants & shops.
Best of all, Sanibel Arms is right on the beach & boarders the Shell Harbor canal system across the street,
This 64-unit canal-to-gulf condo community is coming back.
The association opened canal-side units in Bldgs A-C to owners in late April which is when the #C7 sellers returned to see it.
#C7 being 2nd floor/interior was not damaged during the last storms.
But community Assoc repairs have been underway since they left in Nov 2022.
Sellers lived in their unit before that.
Today work continues on the gulf-side buildings plus pool, rental office, amenities, & landscaping.

Great room dining area to breakfast bar/kitchen

Buildings (which were formerly a salmon color) are now white, with new white metal roofs & impact glass.
Inside #C7, the Association restoration contractor installed new HVAC, tankless water heater, & electric panel.
Some minor repairs need to be completed.

Window in great room looking across street to gulf

Drywall is needed around elec panel, completion of electric service, & trim around front door interior.

Sellers spent a few days here cleaning the unit & decided to sell “as is” with buyer to complete fix-ups & furnish.
The floorplan features a galley-style kitchen with breakfast bar.
The window in the great room has a gulf-view looking across the street, while the view from the bedroom window is a long peaceful canal view.
Appliances remain but are not warranted.
Like the kitchen, the bath was not damaged.
Bath features a walk-in shower with bench seat & glass doors, plus single-sink vanity.
This offering is a wonderful opportunity for an investor or Sanibel Arms lover to buy now  – then complete the interior before the community again is open to renters.
In the meantime,no access to the gulfside is allowed with contractors still working on that side..
The monthly condo fee (currently $688/mon) may increase once a new manager is hired & the community fully reopens.

The COA also levied a special assessment to cover a restoration loan while awaiting insurance proceeds.

For this unit, it was $83,370, payable at $2,048/month for four years beginning Aug 2025.
The good news is that this entire special assessment has already been paid by Seller.

$299,999 “as is”

Bedroom with window to canal

Listed by Susan Andrews, Realtor SanibelSusan Realty Associates

This information is deemed reliable but not guaranteed