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Bean Group
Offered at $1,450,000Active
beds
2
baths
3
sq ft
1,162
Built
1984

497 E Gulf Drive #4

Sanibel, FL 33957

About this home

DIRECT GULF-FRONT IN UP & RUNNING CONDO COMPLEX. Saint Croix is fully operational and free of insurance complications, a huge plus for buyers. Move in right away to this remodeled two-floor condo on Sanibel’s east end. The view of the Gulf of Mexico is open, sweeping and magnificent. Saint Croix’s 4-condo complex offers exceptional privacy and these units are rarely available for purchase on the market. The upscale remodel is stunning: Guayacan 8x48 porcelain plank tile throughout the downstairs and in all bathrooms and both lanais; Islandair Ocean Spray Oak wood flooring on the top level; the kitchen features new granite counter tops, new cabinets and new appliances; crown molding and new baseboards installed in all rooms. There are two lanais, one on each floor, facing the Gulf: they each have hurricane-glass sliding windows, new screens and new ceiling fans. Additionally, the owners installed a new counter and sink in the downstairs lanai, and the water heater, heating and AC units are new as of October 2022. The east end is known for the Sanibel Lighthouse, the charming shopping areas and bike paths, and easy access to the Sanibel Causeway.

Listing last checked: Listing updated:

Listed by Arika Bjorkedal · Michael Saunders & Company · MLS #2025021457

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Details at a glance

Interior3 property facts
Heating
Central, Electric
Cooling
Central Air, Electric
Flooring
Tile, Wood
Building5 property facts
Style
Condominium
Year built
1984
Garage
0
Foundation
Pillar/Post/Pier, Raised
Roof
Tile
Land & utilities4 property facts
Lot size
0.0759 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Financial3 property facts
Annual taxes
$11,821
Assessment year
2024
HOA fee
$9,000 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $1,450,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$8,317 / monthAdjust
Principal & interest
$7,332
Property tax
$985
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $11,821. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $9,000. 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

  1. Sld

    $995,000 · Sold $941,250 · Mar 1, 2018

  2. Sld

    $935,000 · Sold $890,000 · Jan 29, 2016

More property insights

Comparable properties 3 supplied

Sold May 19, 2026

$1,350,000

2265 W Gulf Drive #P5D

Sold May 6, 2026

$1,575,000

40 Seagate Drive #303A

Sold Jun 26, 2026

$1,350,000

730 S Collier Boulevard #1201

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About 497 E Gulf Drive #4

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