2 Bed Waterfront Home for Sale in Sanibel
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SoldMLS# 224027936

$499,999

2 Bed Waterfront Home for Sale in Sanibel

2320 Wooster Lane 5, Sanibel, FL, 33957

2 beds2.5 baths1,029 sqft
GatedWaterfront

About this home

NEW lower fees for 2025! Nestled in the heart of Sanibel, Florida, this stunning updated condo offers a blend of modern elegance and coastal charm. As you step through your private entrance, you are greeted by an overwhelming sense of tranquility and being one with nature, settling the stage for an unparalleled living experience. With bright neutral spacious interiors and breathtaking water views, this residence boasts two bedrooms and two and a half bathrooms. Enjoy the look of French oak flooring throughout with the ease of luxury vinyl plank installed in every room. Also featuring a lanai off the main living space and one off the primary bedroom allowing you to fully immerse yourself in the Sanibel experience. Conveniently located near pristine beaches, world-class dining, and endless recreational opportunities like Tarpon Bay, this residence embodies the quintessentials Florida lifestyle. Whether you are seeking a full-time residence, vacation retreat, or investment property, this condo offers an unparalleled opportunity to live the life you've always dreamed of. Schedule your private viewing today and experience the magic of island living firsthand. local amenities and attractions.

Property details

Type
Townhouse
Year built
1986
Interior
1,029 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
526
Total association fees
$7,068/yr (~$589/mo)
CDD
None
Est. taxes (1.4%)
$7,000/yr
Flood zone (area est.)
Not available
Storm protection
None listed
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

InsuranceLegalAccountingMaintenanceGroundsPestControlWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

OtherSeeRemarks
Below marketThis home is priced below comparable recent sales, a potential value.
This home
$486/sqft
Comp median
$558/sqft
Difference
-13%

Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
2840 W GULF Drive 32Dec 2025$400,0002/2933$429
1246 Fulgur Street 105Mar 2026$535,0002/21,100$486
832 Donax Street A2Oct 2025$560,0002/2875$640
832 Donax Street A1Mar 2026$550,0002/2875$629
Average4 comps$511,250$546

Market trends, Sanibel

Median list
$965,000
Median $/sqft
$607
Median sold (90d)
$881,000
Avg days on market
178
Active listings
242
Median sold price · Sanibel
$881,000last 3 months16.1% vs $1,050,000 prior 3 months
Median closed price by month · Sanibel
4.1% MoM3.3% YoY
$458k$879k$1.3MJul ’25Aug ’26
$885,000Aug ’26 · 23 sales

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 $164,000 (28.3%) from the original list price.

Oct 9, 2025Sold$415,000
Jun 19, 2025Price reducedfrom $549,000$499,999
Mar 25, 2024Listed$579,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1986 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
Location convenienceModerate
Hospital
13 mi
HealthPark Medical Center
Beach
2.1 mi
Sanibel Island
Airport
16.7 mi
Page Field (Fort Myers)
Shopping
15 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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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.