2 Bed Waterfront Home for Sale in Sand Pointe
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SoldMLS# 2026017468

$899,000

2 Bed Waterfront Home for Sale in Sand Pointe

2737 W Gulf Drive 238, Sanibel, FL, 33957

2 beds2 baths1,007 sqft
GatedBeach AccessCommunity PoolBoatingWaterfront

About this home

Spectacular Gulf views from this top floor, corner unit with a large lanai. Full remodeled in 2025 with all new kitchen, baths, flooring, lighting, stainless appliances, fresh paint, new ceiling fans, lanai tile, crown molding and solid core doors. New electrical, plumbing, water heater and AC since 2023. Enjoy the ease of living on the top floor with the convenient elevator. All units will have private storage closets under building 1 for all your beach toys. Pool has been refinished and the newly re-imagined pool house is nearing completion. Beautiful stretch of beach just steps away. Unit is fully complete and ready for furniture. Would make a wonderful rental property with proximity to beach, pool and shopping/restaurants a quick bike ride away.

Property details

Type
Condominium
Year built
1981
Interior
1,007 sqft
Lot size
11,221.056 sqft
Acreage
0.26 acres
Garage
None
Days on market
64
Total association fees
$15,420/yr (~$1,285/mo)
CDD
None
Est. taxes (1.4%)
$12,586/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — Gulf frontage
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

AssociationManagementCableTvInsuranceMaintenanceGroundsPestControlRecreationFacilitiesReserveFundSewerTrashWater

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

Amenities

BeachRightsBeachAccessPoolStorageManagement
Below marketThis home is priced below comparable recent sales, a potential value.
This home
$893/sqft
Comp median
$995/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
2230 Camino Del Mar Drive 1C4Aug 2026$925,0002/2930$995
2230 Camino Del Mar Drive 3A3Oct 2025$930,0002/2930$1,000
2230 Camino Del Mar Drive 4A2Jun 2026$780,0002/2930$839
Average3 comps$878,333$945

Market trends, Sanibel

Median list
$984,250
Median $/sqft
$608
Median sold (90d)
$877,000
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 · 21 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 $90,000 (10%) from the original list price.

Jul 28, 2026Sold$809,000
Apr 15, 2026Listed$899,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1981 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$15,420/yr)
Location convenienceModerate
Hospital
14.1 mi
HealthPark Medical Center
Beach
2 mi
Sanibel Island
Airport
17.8 mi
Page Field (Fort Myers)
Shopping
16.2 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.