2 Bed Waterfront Home for Sale in Punta Rassa
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For SaleMLS# 2026015816

$518,000

2 Bed Waterfront Home for Sale in Punta Rassa

15011 Punta Rassa Road 403, Fort Myers, FL, 33908

2 beds2 baths1,167 sqft
PickleballTennisCommunity PoolWaterfront

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

AssociationManagementCableTvInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsMaintenanceStructurePestControlRecreationFacilitiesReserveFundSewerStreetLightsSecurityTrashWater

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

Amenities

CabanaBarbecuePicnicAreaPickleballPoolShuffleboardCourtSpaHotTubStorageSidewalksTennisCourtsManagement

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.

Above marketThis home is priced above comparable recent sales.
This home
$444/sqft
Comp median
$404/sqft
Difference
+10%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
15021 Punta Rassa Road 404Jul 2026$485,0002/21,167$416
17080 Harbour Point Drive 816Oct 2025$430,0002/21,108$388
17080 Harbour Point Drive 214Nov 2025$447,5002/21,108$404
Average3 comps$454,167$403

Market trends, Punta Rassa

Median list
$530,000
Median $/sqft
$444
Median sold (90d)
$535,000
Avg days on market
144
Active listings
23
Median sold price · Punta Rassa
$535,000last 3 monthsnot enough sold data to compare

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, 2026Price reducedfrom $528,000$518,000
Apr 4, 2026Listed$528,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors, Shutters
Consider
  • 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)
Location convenienceHigh
Hospital
8.1 mi
HealthPark Medical Center
Beach
4.6 mi
Fort Myers Beach
Airport
11.5 mi
Page Field (Fort Myers)
Shopping
10 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.