2 Bed Waterfront Home for Sale in Sanibel
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For SaleMLS# 2025025679

$488,000

2 Bed Waterfront Home for Sale in Sanibel

760 Sextant Drive 1051, Sanibel, FL, 33957

2 beds2 baths957 sqft
PickleballTennisBoatingBeach AccessClubhouseCommunity PoolWaterfront

About this home

Wake up to breathtaking sunrises over the bay from this first-floor, bayfront condo, where the morning light dances across the water and sets a serene tone for the day. Sip coffee on the screened lanai and take in the ever-changing waterfront views that can be enjoyed from the living and dining areas, kitchen, and primary suite - a front-row seat to the bay from the moment you walk in. Completely remodeled throughout, this residence feels fresh, coastal, and truly move-in ready. The redesigned kitchen features all-wood cabinetry, quartz countertops, a breakfast bar, and ALL NEW stainless-steel appliances. The updates continue in both bathrooms and throughout the home with modern finishes, updated lighting, and a crisp neutral palette designed to complement the waterfront setting. The laundry area is finished with a full-size washer and dryer and added storage. For peace of mind, impact glass windows and sliding doors are in place. Beyond the interior, the community has invested in significant exterior upgrades including new stairs and front decks, tropical landscaping, walking decks, and boat docks, with new building paint and new pickleball and tennis courts. Residents enjoy resort-style amenities such as two pools, BBQ areas, kayak storage, and boat docks. Situated on the east end for easy on-and-off island access when needed, you can park in your assigned space and explore by foot or bike - just minutes to bay and Gulf beaches, restaurants, shopping, and the historic lighthouse. This is an ideal year-round home, seasonal escape, or rental-friendly investment.

Property details

Type
Condominium
Year built
1977
Interior
957 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
187
Total association fees
$16,764/yr (~$1,397/mo)
CDD
None
Est. taxes (1.4%)
$6,832/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
North
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundRoadMaintenanceSewerStreetLightsSecurityTrashWater

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

Amenities

BeachRightsBoatDockBeachAccessBikeStorageClubhouseBarbecuePicnicAreaPickleballPoolShuffleboardCourtBoatSlipTennisCourtsManagement
At marketThis home is priced in line with comparable recent sales.
This home
$510/sqft
Comp median
$497/sqft
Difference
+3%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
671 E Gulf Drive 4D1Dec 2025$535,0002/2875$611
827 E Gulf Drive K2Jun 2026$450,0002/2967$465
845 E Gulf Drive 822Oct 2025$505,0002/2981$515
845 E Gulf Drive 232Jun 2026$470,0002/2983$478
Average4 comps$490,000$517

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 $100,000 (17%) from the original list price.

Aug 6, 2026Price reducedfrom $588,000$488,000
Feb 22, 2026Listed$588,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1977 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$16,764/yr)
Location convenienceHigh
Hospital
10.2 mi
HealthPark Medical Center
Beach
4.8 mi
Sanibel Island
Airport
14 mi
Page Field (Fort Myers)
Shopping
12.3 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.