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Offered at $795,000Active
beds
2
baths
2
sq ft
1,184
Built
1974

979 E Gulf Drive #242

Sanibel, FL 33957

About this home

Welcome to Loggerhead Cay 242– Your Slice of Sanibel Paradise. Discover island living at its finest in this beautifully updated 2-bedroom, 2-bathroom condo at Loggerhead Cay, offering partial Gulf and serene courtyard views. Recently updated throughout, this residence features a beautiful reconfigured new kitchen, all-new flooring, and a tastefully renovated master bedroom and bathroom—combining comfort with coastal style. Offered fully furnished turnkey, the unit boasts a full size in-unit washer/dryer. With a strong rental potential, this condo represents an excellent investment opportunity as well as a personal retreat, appealing to both vacationers and savvy buyers looking for consistent income potential. Loggerhead Cay is known as one of Sanibel's best-run and most financially stable communities, spanning 4.5 acres with approximately 400 feet of beachfront. Residents enjoy premier amenities, including one of the island's largest pools, tennis and pickleball courts, shuffleboard, grilling/picnic areas, designated parking, elevators and on-site management. Located on Sanibel's desirable east end, the community offers convenient access to the Causeway for easy travel on and off the island, as well as proximity to the Sanibel Lighthouse, local restaurants, shopping, and the Ding Darling National Wildlife Refuge. Whether you're seeking a beachside getaway, an income-producing rental, or both, this Loggerhead Cay condo delivers the quintessential Sanibel lifestyle.

Listing last checked: Listing updated:

Listed by Rob Pailes, Carly Price · SBL Realty Group LLC · MLS #2026034410

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Laminate
Building4 property facts
Style
Condominium
Year built
1974
Garage
0
Roof
Built-Up, Flat
Land & utilities4 property facts
Lot size
0.3287 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Financial3 property facts
Annual taxes
$7,889
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $795,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,677 / monthAdjust
Principal & interest
$4,020
Property tax
$657
Insurance
Not entered
HOA
$0

Listing annual taxes: $7,889. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance 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.

More property insights

Comparable properties 3 supplied

Sold Jul 31, 2026

$760,000

610 Donax Street #233

Sold Jul 2, 2026

$800,000

610 Donax Street #113

Sold May 28, 2026

$745,000

1341 Middle Gulf Drive #12C

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About 979 E Gulf Drive #242

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