$550,000
2 Bed Waterfront Home for Sale in Sanibel
629 Nerita Street A, Sanibel, FL, 33957
About this home
Coastal Luxury with Exceptional Income Potential on Sanibel's Coveted East End. Experience the essence of refined island living at Coquina Beach, one of Sanibel Island's most desirable beachfront communities. Beautifully reimagined and meticulously renovated, this exceptional two-bedroom, two-bath residence offers a rare combination of sophisticated coastal design, modern convenience, and remarkable investment potential. Thoughtfully redesigned throughout, the light-filled interior showcases an open-concept floor plan enhanced by elegant wood-look tile flooring, quartz countertops, and custom navy soft-close cabinetry in both the kitchen and baths. Stainless steel appliances and striking navy subway tile accents create a timeless coastal aesthetic that is both stylish and inviting. Impact-resistant windows fill the residence with natural light while providing peace of mind and durability. Every detail has been carefully considered to deliver a residence that feels both luxurious and effortless. Perfectly positioned overlooking the sparkling community pool, this desirable pool-front location is just moments from Sanibel's world-renowned shell-strewn beaches and spectacular Gulf sunsets. Whether enjoying a morning walk along the shoreline, an afternoon of shelling, or an evening sunset over the Gulf, the island lifestyle is always within reach. Extensive recent improvements include a new roof, new air-conditioning system, new water heater, updated electrical wiring, and updated plumbing, offering exceptional value and years of worry-free ownership. A private owner's storage closet provides convenient space for beach gear, bicycles, and seasonal items. With weekly rentals permitted and a projected annual rental revenue of approximately $100,000, this residence presents a compelling opportunity for those seeking both personal enjoyment and income-producing potential. Residents enjoy an exceptional collection of amenities, including direct beach access, a resort-style swimming pool, tennis and pickleball courts, and a highly sought-after East End location offering convenient access on and off the island. Whether envisioned as a private coastal retreat, seasonal residence, or investment property, this beautifully renovated condominium embodies the very best of Sanibel Island living—where luxury, relaxation, and opportunity come together in one extraordinary beachfront setting.
Property details
- Type
- Condominium
- Year built
- 1975
- Interior
- 1,079 sqft
- Lot size
- 5,218.488 sqft
- Acreage
- 0.12 acres
- Garage
- None
- Days on market
- 57
- Total association fees
- $13,200/yr (~$1,100/mo)
- CDD
- None
- Est. taxes (1.4%)
- $7,700/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — Gulf frontage
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- No
- 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 5 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 |
|---|---|---|---|---|---|
| 1246 Fulgur Street 105 | Mar 2026 | $535,000 | 2/2 | 1,100 | $486 |
| 845 E Gulf Drive 232 | Jun 2026 | $470,000 | 2/2 | 983 | $478 |
| 845 E Gulf Drive 822 | Oct 2025 | $505,000 | 2/2 | 981 | $515 |
| 1501 Middle Gulf Drive 402H | Aug 2025 | $612,500 | 2/2 | 966 | $634 |
| 671 E Gulf Drive 2C2 | Jun 2026 | $625,000 | 2/2 | 900 | $694 |
| Average | 5 comps | $549,500 | $561 |
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 $25,000 (4.5%) from the original list price.
| Aug 26, 2026 | Sold | $525,000 |
| Jun 13, 2026 | Listed | $550,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$13,200/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.