$345,000
2 Bed Waterfront Home for Sale in Tennisplace
1250 Tennisplace Court E22, Sanibel, FL, 33957
About this home
Wake up to breathtaking canal views, gentle coastal breezes, and dolphins and manatees gliding by from this beautifully positioned second-floor end residence at Tennisplace. Ideally located at the end of the community, this move-in-ready, turnkey furnished condo offers privacy, panoramic water views, and the effortless island lifestyle you've been dreaming of. Perfectly situated on Sanibel's east end, Tennisplace provides quick on-and-off island access while placing you just moments from bayside beaches, waterfront dining, shopping, and miles of scenic bike paths. It's the ideal island getaway for Southwest Florida residents who live off-island but have always dreamed of owning their own weekend retreat—escape the traffic, leave the mainland behind, and enjoy boating, shelling, beach walks, and spectacular sunsets whenever you choose. Life at Tennisplace is all about enjoying the outdoors. Relax by the heated pool, play a match of tennis or pickleball, launch your kayak or paddleboard, stroll to the deeded beach access, or set out from Tennisplace dockage with direct Gulf access. Dockage is equipped with water and electricity, making it easy to spend your days on the water. Recent community improvements include new roofs, freshly painted buildings, and a brand-new dock system, while the absence of current assessments provides added peace of mind. Whether you're looking for a full-time residence, a seasonal escape, the perfect weekend retreat, or an investor-friendly vacation rental, this exceptional waterfront property offers everything you need to embrace the Sanibel lifestyle. Your island paradise is waiting.
Property details
- Type
- Condominium
- Year built
- 1975
- Interior
- 688 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 37
- Total association fees
- $11,412/yr (~$951/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,830/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- East
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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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 |
|---|---|---|---|---|---|
| 1501 Middle Gulf Drive I-101 | Nov 2025 | $365,000 | 1/1 | 778 | $469 |
| 1501 Middle Gulf Drive 305F | Feb 2026 | $430,000 | 1/1 | 728 | $591 |
| Average | 2 comps | $397,500 | $530 |
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.
Price & status history
Down $42,000 (10.9%) from the original list price.
| Aug 14, 2026 | Price reducedfrom $387,000 | $345,000 |
| Jul 8, 2026 | Listed | $387,000 |
The good, the trade-offs & the location
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors
- Built 1975 — pre-2002 construction may carry older wind codes and higher insurance
- No garage listed
- Higher association fees (~$11,412/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.