$1,725,000
3 Bed Waterfront Home for Sale in Sanibel
5423 Shearwater Drive, Sanibel, FL, 33957
About this home
Absolutely spectacular! The views of the Gulf and Clam Bayou from this gorgeous home are truly stunning. With two floors of living space that include a screened lanai and an open sun porch and with abundant windows, this home is positioned perfectly to capitalize upon the unbelievable views. Sunrise, sunset, throughout the day and star-gazing with no lights to interrupt... each moment of the day is incredible. The vaulted ceiling and plentiful windows in the living room that extends beautifully from the fabulous kitchen and dining room create a great room overlooking the water that is stunning. Two en suite guest bedrooms on this level compliment the space and offer the flexibility of creating a comfortable den or office. The primary suite encompasses the full top floor and is enhanced by the open porch with truly amazing views. An elevator services all three floors, from the enclosed garage to the primary suite. Every room has been thoughtfully and expertly designed with high quality finishes, decor, and furnishings perfectly suited to the space. Sold turnkey, this magazine-ready home is ready to enjoy with every detail completed. This is a home that needs nothing. It is a true opportunity for a discerning buyer looking for a beautifully done, impeccably maintained, near beach home. Come enjoy! This is the beach house you have been hoping to find!
Property details
- Type
- Duplex
- Year built
- 2002
- Interior
- 2,621 sqft
- Lot size
- 3,223.44 sqft
- Acreage
- 0.07 acres
- Garage
- 4 car
- Days on market
- 175
- Total association fees
- $15,176/yr (~$1,265/mo)
- CDD
- None
- Est. taxes (1.4%)
- $24,150/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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 5703 Sanibel Captiva Road | Jun 2026 | $1,300,000 | 3/2 | 2,464 | $528 |
| 2313 Wulfert Road | Jun 2026 | $1,335,000 | 4/3 | 2,787 | $479 |
| Average | 2 comps | $1,317,500 | $504 |
Market trends, Sanibel
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
- Built 2002 — post-2002 Florida wind codes (typically lower insurance)
- Waterfront
- 4-car garage
- Higher association fees (~$15,176/yr)
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
Similar homes nearby
$1,625,000
MLS# 2250609525438 Shearwater Drive, Sanibel, FL, 33957
$1,380,000
MLS# 20260289422539 Coconut Drive, Sanibel, FL, 33957
$1,385,000
MLS# 2025021470241 Violet Drive, Sanibel, FL, 33957
$1,495,000
MLS# 20250240549455 Coventry Court, Sanibel, FL, 33957
$1,650,000
MLS# 20250220742445 W Gulf Drive 4E, Sanibel, FL, 33957
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.