2 Bed Waterfront Home for Sale in Sanibel
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For SaleMLS# 2026034310

$510,000

2 Bed Waterfront Home for Sale in Sanibel

1610 Middle Gulf Drive B-2, Sanibel, FL, 33957

2 beds2 baths1,200 sqft
GatedBeach AccessCommunity PoolWaterfront

About this home

Alluring water views await you at Spanish Cay B-2. Aside from the exceptional renovations, the fascinating views of the river are outstanding and full of Sanibel’s wildlife, with the beautiful Sanibel beach directly across the street. B-2 is fully furnished with upgraded fixtures and appliances throughout. The open floor plan and finished lanai make this unit special, providing a very comfortable living space. Plank tile flooring carries through the entire home, with decorative tile added to the lania adding a special touch consistent with the attention given to all the renovations. Both bedrooms are comfortably sized, the primary suite easily incorporates a king bed, updated bathroom with shower and walk-in closet. The guest bedroom also includes a walk-in closet and is comfortably sized with a queen bed. The laundry room is a bonus with new full-size washer and dryer. The improvements to B-2 include all impact doors and windows, new plumbing and plumbing fixtures, electric and electric panel, water heater and HVAC. Whether fascinated by the wild views from the lanai or the shell laden beach B-2 will make you feel at home. This community is very conveniently located to all that Sanibel has to offer via short bike rides or by car. Come enjoy the quiet surroundings and friendly community of Spanish Cay.

Property details

Type
Condominium
Year built
1975
Interior
1,200 sqft
Lot size
2,374.02 sqft
Acreage
0.05 acres
Garage
None
Days on market
0
Total association fees
$16,012/yr (~$1,334/mo)
CDD
None
Est. taxes (1.4%)
$7,140/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
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundSewerTrashWater

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

Amenities

BeachRightsBeachAccessPierPoolManagement
At marketThis home is priced in line with comparable recent sales.
This home
$425/sqft
Comp median
$411/sqft
Difference
+3%

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
1440 Middle Gulf Drive 2EMar 2026$465,0002/21,300$358
531 Birdsong PlaceDec 2025$513,0003/21,247$411
1246 Fulgur Street 105Mar 2026$535,0002/21,100$486
629 Nerita Street AAug 2026$525,0002/21,079$487
9455 Beverly LaneDec 2025$545,0002/21,344$406
Average5 comps$516,600$430

Market trends, Sanibel

Median list
$988,500
Median $/sqft
$607
Median sold (90d)
$881,000
Avg days on market
180
Active listings
237
Median sold price · Sanibel
$885,000last 3 months17.7% vs $1,075,000 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.

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 (~$16,012/yr)
Location convenienceModerate
Hospital
12.2 mi
HealthPark Medical Center
Beach
3.4 mi
Sanibel Island
Airport
16.1 mi
Page Field (Fort Myers)
Shopping
14.3 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.