2 Bed Waterfront Home for Sale in Sanibel
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SoldMLS# 2025017401

$599,000

2 Bed Waterfront Home for Sale in Sanibel

200 Periwinkle Way 319, Sanibel, FL, 33957

2 beds2 baths1,858 sqft
GatedTennisClubhouseCommunity PoolWaterfront

About this home

This fully furnished 2-bedroom, 2-bathroom condo, plus a home office, offers stunning views of the iconic Sanibel Lighthouse and San Carlos Bay. Located in a desirable bayfront complex on the East End of Sanibel, this spacious unit is ideally positioned within walking distance to Lighthouse Beach, the fishing pier, and the charming shops and restaurants of "Old Town." Thoughtfully designed for comfort, the condo features two porches—one off the living room and the other off the primary bedroom—perfect for enjoying the breathtaking views. Inside, the unit includes full sized laundry for added ease. Lighthouse Point residents enjoy premium amenities, including a heated swimming pool, tennis courts, and elevators. Owner pets are welcome, and each unit comes with a ground-level storage locker. While under-building parking spaces are not included with the sale, this move-in-ready unit offers the perfect opportunity to experience the best of Sanibel Island living.

Property details

Type
Condominium
Year built
1976
Interior
1,858 sqft
Lot size
32,160.348 sqft
Acreage
0.74 acres
Garage
None
Days on market
18
Total association fees
$20,748/yr (~$1,729/mo)
CDD
None
Est. taxes (1.4%)
$8,386/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
East
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlRecreationFacilitiesSewerTrashWater

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

Amenities

ClubhousePoolShuffleboardCourtTennisCourtsManagement
Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

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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
1607 Sand Castle RoadAug 2026$655,0003/21,717$381
Average1 comps$655,000$381

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 $24,000 (4%) from the original list price.

Dec 22, 2025Sold$575,000
Nov 3, 2025Listed$599,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1976 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$20,748/yr)
Location convenienceHigh
Hospital
9.4 mi
HealthPark Medical Center
Beach
4.2 mi
Fort Myers Beach
Airport
13.3 mi
Page Field (Fort Myers)
Shopping
11.6 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.