2 Bed Waterfront Home for Sale in Sanibel
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SoldMLS# 2026026187

$550,000

2 Bed Waterfront Home for Sale in Sanibel

629 Nerita Street A, Sanibel, FL, 33957

2 beds2 baths1,079 sqft
PickleballTennisBeach AccessCommunity PoolBoatingWaterfront

About this home

Coastal Luxury with Exceptional Income Potential on Sanibel's Coveted East End. Experience the essence of refined island living at Coquina Beach, one of Sanibel Island's most desirable beachfront communities. Beautifully reimagined and meticulously renovated, this exceptional two-bedroom, two-bath residence offers a rare combination of sophisticated coastal design, modern convenience, and remarkable investment potential. Thoughtfully redesigned throughout, the light-filled interior showcases an open-concept floor plan enhanced by elegant wood-look tile flooring, quartz countertops, and custom navy soft-close cabinetry in both the kitchen and baths. Stainless steel appliances and striking navy subway tile accents create a timeless coastal aesthetic that is both stylish and inviting. Impact-resistant windows fill the residence with natural light while providing peace of mind and durability. Every detail has been carefully considered to deliver a residence that feels both luxurious and effortless. Perfectly positioned overlooking the sparkling community pool, this desirable pool-front location is just moments from Sanibel's world-renowned shell-strewn beaches and spectacular Gulf sunsets. Whether enjoying a morning walk along the shoreline, an afternoon of shelling, or an evening sunset over the Gulf, the island lifestyle is always within reach. Extensive recent improvements include a new roof, new air-conditioning system, new water heater, updated electrical wiring, and updated plumbing, offering exceptional value and years of worry-free ownership. A private owner's storage closet provides convenient space for beach gear, bicycles, and seasonal items. With weekly rentals permitted and a projected annual rental revenue of approximately $100,000, this residence presents a compelling opportunity for those seeking both personal enjoyment and income-producing potential. Residents enjoy an exceptional collection of amenities, including direct beach access, a resort-style swimming pool, tennis and pickleball courts, and a highly sought-after East End location offering convenient access on and off the island. Whether envisioned as a private coastal retreat, seasonal residence, or investment property, this beautifully renovated condominium embodies the very best of Sanibel Island living—where luxury, relaxation, and opportunity come together in one extraordinary beachfront setting.

Property details

Type
Condominium
Year built
1975
Interior
1,079 sqft
Lot size
5,218.488 sqft
Acreage
0.12 acres
Garage
None
Days on market
57
Total association fees
$13,200/yr (~$1,100/mo)
CDD
None
Est. taxes (1.4%)
$7,700/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
West
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
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesSewerTrashWater

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

Amenities

BeachRightsBeachAccessPickleballPoolStorageTennisCourtsManagement
At marketThis home is priced in line with comparable recent sales.
This home
$510/sqft
Comp median
$515/sqft
Difference
-1%

Based on the $/sqft of 5 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
1246 Fulgur Street 105Mar 2026$535,0002/21,100$486
845 E Gulf Drive 232Jun 2026$470,0002/2983$478
845 E Gulf Drive 822Oct 2025$505,0002/2981$515
1501 Middle Gulf Drive 402HAug 2025$612,5002/2966$634
671 E Gulf Drive 2C2Jun 2026$625,0002/2900$694
Average5 comps$549,500$561

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 $25,000 (4.5%) from the original list price.

Aug 26, 2026Sold$525,000
Jun 13, 2026Listed$550,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • 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
15.2 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.