$389,000
1 Bed Waterfront Home for Sale in Sanibel
760 Sextant Drive 612, Sanibel, FL, 33957
About this home
ONE OF THE BEST BUYS ON THE ISLAND! This exquisite top-floor, corner condo offers breathtaking views of San Carlos Bay and an unbeatable coastal lifestyle. Perfect for boating enthusiasts or anyone who loves being close to the water, this residence combines comfort, convenience, and exceptional amenities. The kitchen features granite countertops, newer stainless-steel appliances, and a breakfast bar. The open living and dining area boasts vaulted ceilings, creating a bright and airy atmosphere. Offered fully furnished, the condo also provides peace of mind with impact-resistant windows and sliders throughout. Mariner Pointe offers outstanding community amenities, including two sparkling pools, tennis courts, pickleball, shuffleboard, a fishing pier, boat dockage with direct Gulf access, bike/kayak/paddleboard storage and launch area, a scenic waterfront boardwalk, BBQ areas, onsite management, and more. Deeded beach access is conveniently located on East Gulf Drive between Shell Harbor and Tortuga Beach. Known as a boater’s paradise, Mariner Pointe features low dockage fees for owners. This condo also presents excellent rental potential—ideal as a winter retreat or a high-demand vacation rental with strong income potential. The community is conveniently situated for easy on- and off-island access. With the right offer, the seller will pay the remaining balance of the special assessment. Immerse yourself in coastal elegance with endless recreational opportunities.
Property details
- Type
- Condominium
- Year built
- 1974
- Interior
- 612 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 573
- Total association fees
- $16,764/yr (~$1,397/mo)
- CDD
- None
- Est. taxes (1.4%)
- $5,446/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Call, Conditional
- County
- Lee
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1501 Middle Gulf Drive I-101 | Nov 2025 | $365,000 | 1/1 | 778 | $469 |
| 1501 Middle Gulf Drive 102I | Sep 2025 | $470,000 | 1/1 | 778 | $604 |
| 1501 Middle Gulf Drive 305F | Feb 2026 | $430,000 | 1/1 | 728 | $591 |
| Average | 3 comps | $421,667 | $555 |
Market trends, Sanibel
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $61,000 (13.6%) from the original list price.
| Jul 23, 2026 | Price reducedfrom $395,000 | $389,000 |
| Jan 16, 2025 | Listed | $450,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- Built 1974 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$16,764/yr)
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.