2 Bed Waterfront Home for Sale in Sanibel
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For SaleMLS# 2026033834

$499,000

2 Bed Waterfront Home for Sale in Sanibel

760 Sextant Drive 722, Sanibel, FL, 33957

2 beds2 baths986 sqft
PickleballTennisBoatingBeach AccessCommunity PoolWaterfront

About this home

FULLY FURNISHED 2-BEDROOM, 2-BATH SECOND-FLOOR CONDO in desirable Mariner Pointe! The updated kitchen features granite countertops, new stainless-steel appliances, and a breakfast bar. The open living and dining area offers vaulted ceilings and a bright, spacious feel. Impact-resistant windows and sliders provide added peace of mind. Enjoy the ultimate waterfront lifestyle with direct Gulf access, low-cost owner dockage, two pools, tennis, pickleball, shuffleboard, fishing pier, kayak/paddleboard launch, waterfront boardwalk, and BBQ areas.The community is currently in the process of installing new landscaping, enhancing the beauty of the property. Just moments from the beach and conveniently located for easy island access. Excellent rental potential! With the right offer, the seller will pay the remaining balance of the special assessment. This is your opportunity to enjoy island living, boating, and endless outdoor recreation!

Property details

Type
Condominium
Year built
1974
Interior
986 sqft
Lot size
3,942.18 sqft
Acreage
0.09 acres
Garage
None
Days on market
0
Total association fees
$16,764/yr (~$1,397/mo)
CDD
None
Est. taxes (1.4%)
$6,986/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
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

AssociationManagementInsuranceLegalAccountingPestControlSewerStreetLightsTrashWater

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

Amenities

BeachRightsBoatDockBeachAccessBoatRampBikeStorageBarbecuePicnicAreaPierPickleballPoolBoatSlipTennisCourtsManagement
At marketThis home is priced in line with comparable recent sales.
This home
$506/sqft
Comp median
$497/sqft
Difference
+2%

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
671 E Gulf Drive 4D1Dec 2025$535,0002/2875$611
827 E Gulf Drive K2Jun 2026$450,0002/2967$465
845 E Gulf Drive 232Jun 2026$470,0002/2983$478
845 E Gulf Drive 822Oct 2025$505,0002/2981$515
Average4 comps$490,000$517

Market trends, Sanibel

Median list
$980,000
Median $/sqft
$607
Median sold (90d)
$881,000
Avg days on market
174
Active listings
253
Median sold price · Sanibel
$892,500last 3 months7.7% vs $966,500 prior 3 months
Median closed price by month · Sanibel
6.5% MoM1.1% YoY
$458k$879k$1.3MJul ’25Aug ’26
$905,000Aug ’26 · 4 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.

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1974 — pre-2002 construction may carry older wind codes and higher insurance
  • No garage listed
  • Higher association fees (~$16,764/yr)
Location convenienceHigh
Hospital
10.2 mi
HealthPark Medical Center
Beach
4.8 mi
Sanibel Island
Airport
14 mi
Page Field (Fort Myers)
Shopping
12.3 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.