$280,000
Waterfront Home for Sale in Herons Landings I, FL, $280,000
5398 Osprey Court, Sanibel, FL, 33957
About this home
Incredible Value! Such a deal for someone wanting to live their island dream! This property was purchased for 280K 5 years ago, the Sellers are very motivated! Design your dream home from the ground up with every detail, just how you imagined it. But the real magic?? Morning laps just steps away in the sparkling community pool (hello, low-impact cardio and instant refresh). Afternoon rallies on the tennis courts (your built-in stress relief + social time). Evening strolls to your private community beach access (no crowds, no parking stress, just sand, serenity, and sunset skies). Now you find out that you can start this dream...at a dream price!
Property details
- Type
- Residential
- Year built
- Not specified
- Interior
- Not specified
- Lot size
- 31,188.96 sqft
- Acreage
- 0.72 acres
- Garage
- None
- Days on market
- 0
- Total association fees
- $2,940/yr (~$245/mo)
- CDD
- None
- Est. taxes (1.4%)
- $3,920/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- 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
- Not specified
- 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
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Your notes on this home
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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
- Waterfront
- No garage listed
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.
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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.