3 Bed Waterfront Home for Sale in Sandpiper Village
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For SaleMLS# 226020474

$680,000

3 Bed Waterfront Home for Sale in Sandpiper Village

139 Ibis Street, Fort Myers Beach, FL, 33931

3 beds2 baths2,020 sqft2 garage
Beach AccessBoatingWaterfront

About this home

Situated on the highly sought-after south end of Fort Myers Beach, this rare waterfront opportunity offers endless potential in one of Southwest Florida’s most desirable boating communities. Set on an oversized lot with a 97' wide water access on the back along a wide deep-water canal with direct Gulf access, the property includes a private dock and is just minutes to open water, world-class fishing, and the sugar-white sands of Fort Myers Beach. The seawall is in excellent shape! The existing 3-bedroom, 2.5-bath home has been completely gutted down to the studs, creating a true blank slate for the next owner. Whether you envision demolishing and starting fresh with a brand-new coastal build, restoring the current structure, or elevating and expanding into a custom two-story waterfront retreat, the possibilities are exceptional. Located just a short walk or bike ride from local dining, shopping, entertainment, and the beach, this property combines oversized lot dimensions, Gulf access, and an unbeatable location — an increasingly rare combination on Fort Myers Beach. Perfect for investors, builders, or buyers looking to create a dream waterfront residence or income-producing vacation rental.

Property details

Type
SingleFamilyResidence
Year built
1977
Interior
2,020 sqft
Lot size
10,497.96 sqft
Acreage
0.24 acres
Garage
2 car
Days on market
89
Total association fees
None
CDD
None
Est. taxes (1.4%)
$9,520/yr
Flood zone (area est.)
Yes · High risk (VE)
Storm protection
None listed
Exposure
Northwest
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
Yes
County
Lee

Amenities

BeachAccess

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$337/sqft
Comp median
$365/sqft
Difference
-8%

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
22604 Island Pines Way 2202Jan 2026$785,0003/32,040$385
7850 Buccaneer DriveMay 2026$669,0002/21,822$367
8080 Lagoon RoadSep 2025$680,0003/31,920$354
4182 Bay Beach Lane 746Dec 2025$675,0003/21,848$365
170 Sabal DriveSep 2025$525,0004/32,145$245
Average5 comps$666,800$343

Market trends, Fort Myers Beach

Median list
$749,000
Median $/sqft
$621
Median sold (90d)
$474,000
Avg days on market
129
Active listings
399
Median sold price · Fort Myers Beach
$472,000last 3 months12.8% vs $541,000 prior 3 months
Median closed price by month · Fort Myers Beach
22.5% MoM36.9% YoY
$442k$595k$749kJul ’25Aug ’26
$465,000Aug ’26 · 25 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 $15,000 (2.2%) from the original list price.

Aug 18, 2026Price reducedfrom $695,000$680,000
May 21, 2026Listed$695,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — no bridges)
  • 2-car garage
Consider
  • Built 1977 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (VE) — flood insurance likely required
Location convenienceHigh
Hospital
7.1 mi
HealthPark Medical Center
Beach
2.5 mi
Lovers Key State Park
Airport
11.7 mi
Page Field (Fort Myers)
Shopping
6.4 mi
Coconut Point (Estero)

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.