$518,000
2 Bed Waterfront Home for Sale in Punta Rassa
15011 Punta Rassa Road 403, Fort Myers, FL, 33908
About this home
Experience breathtaking panoramic views from this centrally located bayfront residence overlooking the Sanibel Causeway and its chain of picturesque islands with resort style amenities including bayfront fishing, a tranquil pool, spa, grills, cabana, bath house, tennis, pickleball, shuffleboard and more... This beautifully 2026 fully remodeled 2-bedroom, 2-bathroom condo offers a perfect blend of modern elegance and coastal charm. The interior has been thoughtfully upgraded throughout, featuring all-new dovetail soft-close cabinetry, sleek quartz countertops, and a custom mirror. Stylish 8” x 48” ceramic tile flooring flows seamlessly throughout, complemented by fresh paint, updated trim, doors, trim, hardware and baseboards. The kitchen and baths shine with new sinks, faucets, appliances, and contemporary 12” x 24” tiled showers, along with new toilets and hardware. Additional upgrades include new electrical outlets and switches, recessed lighting, ceiling fans, a surge protector, updated plumbing connections, and plantation shutters in both the primary suite and kitchen. Mechanical improvements provide peace of mind with a new A/C system and hot water heater. The home also features storm shutters on the lanai, an impact-resistant window in the primary suite, and a new entry storm door. Enjoy an ever-changing coastal backdrop filled with boats, birds, and wildlife from this highly sought-after bayfront peninsula. Whether relaxing indoors or soaking in the views outside, the scenery is truly exceptional. This move-in-ready condo offers the ideal opportunity to personalize with your own furnishings and style. The community has recently undergone extensive upgrades, including a storm surge protective barrier, new roofs, refreshed pool surface, updated sidewalks, enhanced landscaping, and fresh exterior paint—adding both value and peace of mind. Ideally located adjacent to the Sanibel Harbour Yacht Club, where boat slips are available for separate purchase. Punta Rassa owners also enjoy complimentary access to the club’s lounge, restaurant, and deli. Don’t miss this rare opportunity to own your own slice of waterfront paradise in one of the area’s most desirable locations. (Property has been virtually staged in some images.)
Property details
- Type
- Condominium
- Year built
- 1982
- Interior
- 1,167 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 132
- Total association fees
- $12,127/yr (~$1,011/mo)
- CDD
- None
- Est. taxes (1.4%)
- $7,252/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors, Shutters
- Exposure
- Southwest
- 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
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
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 |
|---|---|---|---|---|---|
| 15021 Punta Rassa Road 404 | Jul 2026 | $485,000 | 2/2 | 1,167 | $416 |
| 17080 Harbour Point Drive 816 | Oct 2025 | $430,000 | 2/2 | 1,108 | $388 |
| 17080 Harbour Point Drive 214 | Nov 2025 | $447,500 | 2/2 | 1,108 | $404 |
| Average | 3 comps | $454,167 | $403 |
Market trends, Punta Rassa
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $10,000 (1.9%) from the original list price.
| Aug 14, 2026 | Price reducedfrom $528,000 | $518,000 |
| Apr 4, 2026 | Listed | $528,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors, Shutters
- Built 1982 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
- Higher association fees (~$12,127/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.