3 Bed Waterfront Home for Sale in Sanibel
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For SaleMLS# 2025020448

$1,199,000

3 Bed Waterfront Home for Sale in Sanibel

1987 My Tern Court, Sanibel, FL, 33957

3 beds2.5 baths3,306 sqft3 garage
GatedTennisBeach AccessCommunity PoolWaterfront

About this home

What makes one waterfront home more desirable than another? Sometimes it isn't square footage or trendy features. It's how it was built. It's how it lives. It's what surrounds it. This home checks all three boxes. Originally designed by a Scottish architect whose career included designing hurricane-resistant buildings in Jamaica, every major decision was made with longevity in mind rather than minimum code requirements, incorporating engineering and structural features that exceeded the standards of its day. A concrete first level, interior concrete structural walls, hip roof construction with double hurricane straps, and numerous storm protection upgrades quietly reflect a philosophy that valued resilience long before it became a priority for coastal buyers. Equally uncommon is the floor plan. Unlike many island homes designed primarily for vacations, this residence functions as a true home. Spacious rooms, practical storage, dedicated office space, built-in cabinetry, and comfortable living areas make everyday life easy without sacrificing warmth or character. Then there's the view. Clam Bayou isn't simply waterfront, it is protected waterfront. Looking across mangroves instead of rooftops creates a level of privacy that's becoming increasingly difficult to find. The changing tides, spectacular sunsets, and daily parade of shorebirds provide scenery that no architect could ever design.Outside your door, Herons Landing offers a lifestyle that few communities can match: gated privacy, deeded beach access, a community dock and kayak launch, fishing pier, tennis courts, and pool. And perhaps the biggest surprise? The owners are asking approximately what they paid for the home more than two decades ago. In today's market, that's almost unheard of.

Property details

Type
SingleFamilyResidence
Year built
1996
Interior
3,306 sqft
Lot size
26,223.12 sqft
Acreage
0.60 acres
Garage
3 car
Days on market
267
Total association fees
$6,812/yr (~$568/mo)
CDD
None
Est. taxes (1.4%)
$16,786/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
Southwest
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
Yes
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

AssociationManagementOtherRecreationFacilities

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

Amenities

BeachRightsBeachAccessOtherPierPoolTennisCourts
Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

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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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 $296,000 (19.8%) from the original list price.

Apr 13, 2026Price reducedfrom $1,225,000$1,199,000
Nov 19, 2025Listed$1,495,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • 3-car garage
Consider
  • Built 1996 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceModerate
Hospital
17.1 mi
HealthPark Medical Center
Beach
3.4 mi
Sanibel Island
Airport
20 mi
Page Field (Fort Myers)
Shopping
18.5 mi
Coralwood / Merchants Crossing (Cape)

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.