$749,000
2 Bed Waterfront Home for Sale in Sanibel
200 Periwinkle Way 225, Sanibel, FL, 33957
About this home
Iconic Lighthouse Pointe Condo's. This direct bayfront 2 bedroom 2 bathroom with a den has gorgeous ever changing bay views in this 2nd floor unit. New carpeting throughout and ready for the new owner to make it their own. New hurricane shutters over sliding doors in living room & the Primary room. Walk out to the Bay or walk directly across the street to the beach. The Iconic Sanibel Lighthouse is just a stroll down the beach and some of the best shelling Sanibel has to offer. Easy off and on the Islands being on the lighthouse end of Sanibel.
Property details
- Type
- Condominium
- Year built
- 1976
- Interior
- 1,578 sqft
- Lot size
- 32,225.688 sqft
- Acreage
- 0.74 acres
- Garage
- None
- Days on market
- 146
- Total association fees
- $17,064/yr (~$1,422/mo)
- CDD
- None
- Est. taxes (1.4%)
- $10,486/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Assessment Paid
- Sewer
- Assessment Paid
- 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 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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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 |
|---|---|---|---|---|---|
| 734 Anchor Drive | Jul 2026 | $850,000 | 3/2 | 1,451 | $586 |
| 1043 Sand Castle Road | Sep 2025 | $852,500 | 3/2 | 1,545 | $552 |
| 1607 Sand Castle Road | Aug 2026 | $655,000 | 3/2 | 1,717 | $381 |
| Average | 3 comps | $785,833 | $506 |
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
- Waterfront
- Built 1976 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$17,064/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.