Sold Aug 1, 2026
$2,250,000About this home
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.
Listing last checked: Listing updated:
Listed by Kathryn Gaeta · Michael Saunders & Company · MLS #225043747
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Details at a glance
Interior3 property facts
- Heating
- Central, Electric
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Flooring
- Concrete
Building5 property facts
- Style
- Condominium
- Year built
- 1991
- Garage
- 1
- Foundation
- Pillar/Post/Pier, Raised
- Roof
- Built-Up, Flat
Land & utilities4 property facts
- Lot size
- 0.1441 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
Financial3 property facts
- Annual taxes
- $7,524
- Assessment year
- 2025
- HOA fee
- $5,980 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $2,197,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$11,736 / monthAdjust
- Principal & interest
- $11,109
- Property tax
- $627
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,524. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $5,980. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$2,495,000 · Sold $1,247,500 · Jan 18, 2021
More property insights
Comparable properties 3 supplied
Sold Jun 30, 2026
$2,250,0001701 Gulfstar Drive S #103
Sold Sep 28, 2026
$2,100,000930 Cape Marco Drive #1206
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About 2959 W Gulf Drive #204
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