2 Bed Waterfront Home for Sale in Sanibel
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For SaleMLS# 2026019053

$996,000

2 Bed Waterfront Home for Sale in Sanibel

625 Nerita Street C, Sanibel, FL, 33957

2 beds2 baths1,200 sqft
GatedTennisBeach AccessWaterfront

About this home

Direct Gulf Front Condo that you can just walk out your screened lanai and the sugary sand beach, laden with shells are just waiting for you. This is truly a rare bird and Coquina Beach condos located where this one is, don’t come on the market very often, last time was seven years ago. This is a generational condo complex where the units are passed down from generation to generation and if one does happen to come on the market, you better not miss your chance. Not only is this particular unit positioned perfectly, it is also drop dead gorgeous inside. The unit was completely remodeled after Ian and everything is new, including plumbing, electrical, flooring, impact windows and doors, the works. Same goes for the exterior of the building, major updating on everything, including the roof, siding, walls, floors, electrical, plumbing, landscaping. Inside the unit, there is a beautifully updated kitchen with striking quartz countertops, solid wood cabinets, top-of-the-line stainless steel appliances, and the pièce de résistance is the front loading full-size washer/dryer that is totally camouflaged within the kitchen cabinets (renters love this)! The master bedroom is spacious and gracious with a sitting area and views of the Gulf. As a matter of fact, there are views of the Gulf out of every window. The en suite bathroom is gorgeous with quartz countertops, enclosed shower and bathtub, important for cleaning up those little ones after a busy day at the beach. In this perfect location, you can just walk right out to the beach or just relax and enjoy the view. Grills and a gazebo are situated just steps from your lanai and it’s a wonderful spot to gather with friends and enjoy the balmy breezes, while you enjoy a tropical drink and perhaps a juicy steak or how about some lobster tails? Not to mention the great rental income this unit can generate, rental history and proforma available. Anyway, you look at it, this place is a rare gem and just waiting for that perfect owner. Could this be the start of your legacy?

Property details

Type
Condominium
Year built
1975
Interior
1,200 sqft
Lot size
5,266.404 sqft
Acreage
0.12 acres
Garage
None
Days on market
76
Total association fees
$13,200/yr (~$1,100/mo)
CDD
None
Est. taxes (1.4%)
$13,944/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
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
No
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

CableTvInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlReserveFundSewerTrashWater

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

Amenities

BeachRightsBeachAccessGuestSuitesBarbecuePicnicAreaTennisCourtsManagement
Above marketThis home is priced above comparable recent sales.
This home
$830/sqft
Comp median
$657/sqft
Difference
+26%

Based on the $/sqft of 4 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
610 Donax Street 233Jul 2026$760,0002/21,238$614
610 Donax Street 113Jul 2026$800,0002/21,000$800
1341 Middle Gulf Drive 4CFeb 2026$850,0002/21,400$607
1637 Sabal Sands RoadAug 2026$875,0003/21,250$700
Average4 comps$821,250$680

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 $39,000 (3.8%) from the original list price.

May 6, 2026Price reducedfrom $1,035,000$996,000
Apr 28, 2026Listed$1,035,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$13,200/yr)
Location convenienceModerate
Hospital
11.3 mi
HealthPark Medical Center
Beach
4.1 mi
Sanibel Island
Airport
15.3 mi
Page Field (Fort Myers)
Shopping
13.5 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.