$795,000
2 Bed Pool Home for Sale in Sanibel
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.
Property details
- Type
- Condominium
- Year built
- 1974
- Interior
- 1,184 sqft
- Lot size
- 14,318.172 sqft
- Acreage
- 0.33 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- $13,200/yr (~$1,100/mo)
- CDD
- None
- Est. taxes (1.4%)
- $11,130/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
- Yes
- 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 4 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 |
|---|---|---|---|---|---|
| 610 Donax Street 113 | Jul 2026 | $800,000 | 2/2 | 1,000 | $800 |
| 610 Donax Street 233 | Jul 2026 | $760,000 | 2/2 | 1,238 | $614 |
| 1341 Middle Gulf Drive 12C | May 2026 | $745,000 | 2/2 | 1,150 | $648 |
| 1501 Middle Gulf Drive 104J | Apr 2026 | $685,000 | 2/2 | 1,042 | $657 |
| Average | 4 comps | $747,500 | $680 |
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.
The good, the trade-offs & the location
- Private pool
- 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 (~$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.