Sanibel, FL Homes for Sale under $400,000

/33
$380,000
- 1 Bed
- 1 Bath
- 820 Sq Ft
1610 Middle Gulf Dr Unit A3, Sanibel, FL 33957

Step into island living at Spanish Cay! This ground-level 1BR/1BA condo has been completely rebuilt for today’s standards in mind. Everything is new—electrical, plumbing, HVAC, lighting, appliances, tile flooring, walk-in shower, cabinetry, and impact sliders. The open kitchen features quartz counters, stainless steel appliances, and a breakfast bar that flows into the living area. A large

Tina DiCharia

Royal Shell Real Estate, Inc.

(833) 400-6942

1610 Middle Gulf Dr Unit A3, Sanibel, FL 33957
Explore Sanibel
/12
$400,000
- Land
- 0.56 Acre
- $716,846 per Acre
1653 Bunting Ln, Sanibel, FL 33957

Fantastic corner lot in the popular Gumbo Limbo neighborhood. Located at the corner of Bunting Ln and Coventry Ct. Build the perfect home on this large, .55 acre lot, mostly cleared, with a newer below-ground swimming pool in place. No impact fees due to previous homesite. Survey available. House plans, which were approved by the Association, for a spacious 3 bed/3.5 bath home with 2-car garage

Carolyn Tongyai

John R. Wood Properties

(877) 297-9091

1653 Bunting Ln, Sanibel, FL 33957
/15
$399,000
- Land
- 0.25 Acre
- $1,596,000 per Acre
1032 Sand Castle Rd Unit 60, Sanibel, FL 33957

Discover the perfect canvas for your dream home at 1032 Sand Castle Road, located in the serene and sought-after Dunes community of Sanibel, Florida. This exceptional buildable lot presents an unparalleled opportunity to create your own retreat that captures the essence of coastal living. Nestled in the heart of Sanibel, this lot offers proximity to the island's beautiful beaches, vibrant local

Gregory Demaras

SanCap Gateway Realty

(866) 854-3095

1032 Sand Castle Rd Unit 60, Sanibel, FL 33957
/15
$399,000
- Land
- 0.25 Acre
- $1,621,951 per Acre
1032 Sand Castle Rd, Sanibel, FL 33957

Discover the perfect canvas for your dream home at 1032 Sand Castle Road, located in the serene and sought-after Dunes community of Sanibel, Florida. This exceptional buildable lot presents an unparalleled opportunity to create your own retreat that captures the essence of coastal living. Nestled in the heart of Sanibel, this lot offers proximity to the island's beautiful beaches, vibrant local

Gregory Demaras

BLCS Venture Sanibel LLC

(866) 705-4379

1032 Sand Castle Rd, Sanibel, FL 33957
/12
$400,000
- Land
- 0.56 Acre
- $714,286 per Acre
1653 Bunting Ln Unit 76, Sanibel, FL 33957

Fantastic corner lot in the popular Gumbo Limbo neighborhood. Located at the corner of Bunting Ln and Coventry Ct. Build the perfect home on this large, .55 acre lot, mostly cleared, with newer below-ground swimming pool in place. No impact fees due to previous homesite. Survey available. House plans, which were approved by the Association, for a spacious 3 bed/3.5 bath home with 2-car garage are

Carolyn Tongyai

John R. Wood Properties

(833) 293-2909

1653 Bunting Ln Unit 76, Sanibel, FL 33957
/14
$398,000
- Land
- 0.36 Acre
- $1,105,556 per Acre
2349 Wulfert Rd Unit 12, Sanibel, FL 33957

Build Your Dream Home in The Sanctuary An exceptional opportunity to own one of the premier homesites in The Sanctuary on Sanibel Island. Perfectly positioned along the renowned Sanctuary Golf Club’s 14th hole, this expansive lot offers breathtaking western exposure and serene lakefront views. Design and build your custom retreat to capture stunning sunset panoramas while embracing the natural

Christopher Kirchner Keller Williams Realty Fort Myers and the Islands

2349 Wulfert Rd Unit 12, Sanibel, FL 33957
/51
$399,000
- 3 Beds
- 2 Baths
- 1,800 Sq Ft
1119 Periwinkle Way Unit 355, Sanibel, FL 33957

Beautiful Property at Periwinkle Way

Steven Koleno BEYCOME OF FLORIDA LLC

1119 Periwinkle Way Unit 355, Sanibel, FL 33957
/36
$399,000
- 1 Bed
- 1 Bath
- 895 Sq Ft
1610 Middle Gulf Dr Unit F7, Sanibel, FL 33957

All Assessments have been paid in full. Sanibel Island Escape – Fully Remodeled and Move-In Ready. Step into your slice of paradise with this beautifully updated one-bedroom, one-bath, Smart House with Nest Thermostat perfectly designed for comfortable island living. Ideal as a vacation home or an income-generating rental, this property boasts a complete remodel, blending modern style with

kelly Huguenin Pfeifer Realty Group LLC

1610 Middle Gulf Dr Unit F7, Sanibel, FL 33957
/6
$330,000
- Land
- 0.3 Acre
- $1,100,000 per Acre
2090 Wild Lime Dr Unit 88, Sanibel, FL 33957

This property is high, dry and ready to build your nature lovers dream home. Located just steps from Ding Darling Preserve, and minutes from Bowmans Beach. Previous home (now demolished) sheltered cars in the garage during hurricane Ian and saw no water damage whatsoever. This property is on the north side of Wild Lime Drive, offering privacy. Utilities in place include sewer, water, cable and

Sally Davies Royal Shell Real Estate, Inc.

2090 Wild Lime Dr Unit 88, Sanibel, FL 33957
/21
$399,000
- Land
- 0.35 Acre
- $1,140,000 per Acre
2438 Wulfert Rd Unit 31, Sanibel, FL 33957

One of the best locations available in the Sanctuary offered for sale today with Eastern exposure, golf course views and a preservation buffer in the distance to maintain and enhance privacy. The Sanctuary Golf Club is an Audubon, Platinum recognized 18-hole championship golf course designed by Arthur Hills. Stunning scenery with nature everywhere. World class clubhouse, fitness center, tennis

Michael McMurray Royal Shell Real Estate, Inc.

2438 Wulfert Rd Unit 31, Sanibel, FL 33957
/15
$375,000
- Land
- 0.35 Acre
- $1,071,429 per Acre
2453 Wulfert Rd Unit 24, Sanibel, FL 33957

One of the Premier Sanctuary lots still available to build your dream home. Located on the 14th hole of the pristine Sanctuary Golf Club lies this exceptional building lot with western exposure and direct lakefront views. This lot provides the opportunity to imagine, design and build a home that will feature breathtaking sunset views while enjoying an endless array of Sanibel’s wildlife. Take

Brendan Albright Pfeifer Realty Group LLC

2453 Wulfert Rd Unit 24, Sanibel, FL 33957
/12
$345,000
- Land
- 0.36 Acre
- $958,333 per Acre
2372 Wulfert Rd Unit 37, Sanibel, FL 33957

Welcome to 2372 Wulfert Road, an exceptional .36-acre vacant homesite located within the exclusive Sanctuary community on Sanibel Island. This generously sized lot offers the perfect canvas to create your dream island retreat, surrounded by lush natural beauty, serene lake views, and world-class golf course surroundings. Positioned on a quiet street with elegant custom homes, this property

Kerri Maw Pfeifer Realty Group LLC

2372 Wulfert Rd Unit 37, Sanibel, FL 33957
/14
$349,000
- Land
- 0.36 Acre
- $977,591 per Acre
2310 Wulfert Rd, Sanibel, FL 33957

Build your dream home in this prestigious golf course community, offering a prime northeastern exposure perfect for capturing stunning Sanibel sunrises with serene golf course views. The Sanctuary is the only private Golf & Tennis Club on Sanibel and Captiva Islands, boasting an Audubon Certified 18-hole course uniquely surrounded by a national wildlife preserve. While Sanctuary Membership is

Eric Pfeifer Pfeifer Realty Group LLC

2310 Wulfert Rd, Sanibel, FL 33957
/14
$349,000
- Land
- 0.36 Acre
- $969,444 per Acre
2310 Wulfert Rd Unit 42, Sanibel, FL 33957

Build your dream home in this prestigious golf course community, offering a prime northeastern exposure perfect for capturing stunning Sanibel sunrises with serene golf course views. The Sanctuary is the only private Golf & Tennis Club on Sanibel and Captiva Islands, boasting an Audubon Certified 18-hole course uniquely surrounded by a national wildlife preserve. While Sanctuary Membership is

Eric Pfeifer Pfeifer Realty Group LLC

2310 Wulfert Rd Unit 42, Sanibel, FL 33957
/6
$399,000
- Land
- 0.32 Acre
- $1,242,991 per Acre
1722 Windward Way, Sanibel, FL 33957

Build your dream home in the heart of Sanibel. Windward Way is known as Lagoon Estates and is centrally located near the intersection of Casa Ybel Road and Perwinkle Way. From this property it’s a quick bike ride to Gulfside City Beaches and Community Center Park. You are also around the corner from Jerry’s Shopping Center and walking/biking distance to many shops and restaurants. The home was

Lori Jackson Pa Royal Shell Real Estate, Inc.

1722 Windward Way, Sanibel, FL 33957
/12
$345,000
- Land
- 0.36 Acre
- $961,003 per Acre
2372 Wulfert Rd, Sanibel, FL 33957

Welcome to 2372 Wulfert Road, an exceptional .36-acre vacant homesite located within the exclusive Sanctuary community on Sanibel Island. This generously sized lot offers the perfect canvas to create your dream island retreat, surrounded by lush natural beauty, serene lake views, and world-class golf course surroundings.Positioned on a quiet street with elegant custom homes, this property

Kerri Maw Pfeifer Realty Group LLC

2372 Wulfert Rd, Sanibel, FL 33957
/6
$330,000
- Land
- 0.3 Acre
- $1,085,526 per Acre
2090 Wild Lime Dr, Sanibel, FL 33957

This property is high, dry and ready for you to create your nature lovers dream home. Located just steps from Ding Darling Preserve, and minutes from Bowman's Beach, one of the islands most beautiful. Previous home (now demolished) sheltered cars in the garage unharmed in recent storms. This property is located on the north side of Wild Lime Drive, offering privacy. Utilities in place include

Sally Davies Royal Shell Real Estate, Inc.

2090 Wild Lime Dr, Sanibel, FL 33957
/43
$400,000
- 1 Bed
- 1 Bath
- 558 Sq Ft
1250 Tennisplace Ct Unit D33, Sanibel, FL 33957

$$$$$$$ WEEKLY RENTALS ON SANIBEL!!! $$$$$$$. If you've been dreaming of owning a charming Sanibel condo, this one is a no brainer. An easy to manage one-bedroom turnkey beach retreat priced like you will not see again. With weekly rentals permitted (almost non existent on the Island at this price point), this rare find offers both an idyllic getaway and a fantastic investment opportunity. The

Anthony Dibiase Llc John R. Wood Properties

1250 Tennisplace Ct Unit D33, Sanibel, FL 33957
/37
$399,000
- 2 Beds
- 2.5 Baths
- 1,316 Sq Ft
760 Sextant Dr Unit 713, Sanibel, FL 33957

Rare opportunity at Mariner Pointe. Well-priced 2-story townhome midway down Sanibel's bayfront peninsula. On 2nd/3rd floors in Bldg 7 with both bay & canal views from both 22' balconies. Front deck entry opens into main living level with galley kitchen, laundry, 1/2 bath, & spacious living/dining great room that is open to screened/glass-enclosed balcony overlooking courtyard, bay & canal.

Susan Andrews SanibelSusan Realty Associates

760 Sextant Dr Unit 713, Sanibel, FL 33957
/35
$380,000
- 1 Bed
- 1 Bath
- 950 Sq Ft
1610 Middle Gulf Dr Unit F2, Sanibel, FL 33957

CONDO FEES REDUCED BEGINNING JANUARY 2026! New fee $4003/ quarter. Fabulous opportunity to own a brand new near-beach condo on Sanibel! Enjoy beautiful river views from the privacy of this exceptional condo. Impact sliders line the full expanse of the unit creating a fabulous indoor/ outdoor space with bright natural light. This sunroom extends the living area providing a comfortable open floor

Jennifer McSorley Pfeifer Realty Group LLC

1610 Middle Gulf Dr Unit F2, Sanibel, FL 33957
/26
$350,000
- 2 Beds
- 1 Bath
- 967 Sq Ft
601 Periwinkle Way Unit D1, Sanibel, FL 33957

This beautifully renovated 2-bedroom, 1-bathroom first-floor corner unit of Captain’s Walk is perfectly positioned on Sanibel’s Island East End. This is ideal for walking or biking to the beaches, shops and dining. Fully restored following Hurricane Ian in 2022 with no damage from other storms. This charming unit features impact-resistant windows, tile flooring throughout, wood cabinetry, granite

Kate Stone Pujol Kingfisher Real Estate, Inc.

601 Periwinkle Way Unit D1, Sanibel, FL 33957
/22
$369,000
- 1 Bed
- 1 Bath
- 638 Sq Ft
805 E Gulf Dr Unit A7, Sanibel, FL 33957

Sanibel Arms Unit A-7 is a second-floor gem overlooking the tranquil canal, just steps away from the breathtaking Gulf of Mexico. Restoration efforts are well underway, and this beloved community is on track to return better than ever, offering an exciting opportunity to be part of its revitalization. This complex boasts an array of amenities, including stunning direct Gulf frontage, canal

Kerri Maw Pfeifer Realty Group LLC

805 E Gulf Dr Unit A7, Sanibel, FL 33957
/15
$375,000
- Land
- 0.35 Acre
- $1,074,499 per Acre
2453 Wulfert Rd, Sanibel, FL 33957

One of the Premier Sanctuary lots still available to build your dream home. Located on the 14th hole of the pristine Sanctuary Golf Club lies this exceptional building lot with western exposure and direct lakefront views. This lot provides the opportunity to imagine, design and build a home that will feature breathtaking sunset views while enjoying an endless array of Sanibel’s wildlife. Take

Brendan Albright Pfeifer Realty Group LLC

2453 Wulfert Rd, Sanibel, FL 33957
/22
$369,000
- 1 Bed
- 1 Bath
- 638 Sq Ft
805 E Gulf Dr Unit 7A, Sanibel, FL 33957

Sanibel Arms Unit A-7 is a second-floor gem overlooking the tranquil canal, just steps away from the breathtaking Gulf of Mexico. Restoration efforts are well underway, and this beloved community is on track to return better than ever, offering an exciting opportunity to be part of its revitalization. This complex boasts an array of amenities, including stunning direct Gulf frontage, canal

Kerri Maw Pfeifer Realty Group LLC

805 E Gulf Dr Unit 7A, Sanibel, FL 33957
/21
$399,000
- Land
- 0.35 Acre
- $1,127,119 per Acre
2438 Wulfert Rd, Sanibel, FL 33957

One of the best locations available in the Sanctuary offered for sale today with Eastern exposure, golf course views and a preservation buffer in the distance to maintain and enhance privacy. The Sanctuary Golf Club is an Audubon, Platinumr ecognized 18-hole championship golf course designed by Arthur Hills. Stunning scenery with nature everywhere. World class clubhouse, fitness center, tennis

Michael McMurray Royal Shell Real Estate, Inc.

2438 Wulfert Rd, Sanibel, FL 33957
/38
$399,000
- 2 Beds
- 1.5 Baths
- 688 Sq Ft
1250 Tennisplace Ct Unit A33, Sanibel, FL 33957

Welcome to Tennisplace! Sanibel’s best-kept secret. This private boutique enclave is surrounded by lush tropical grounds, offering quiet serenity just moments from all the island’s highlights. From your balcony, enjoy mesmerizing canal views at the bend of Shell Harbor Channel while ospreys, pelicans, and even dolphins put on a daily show. Takea bike ride along Sanibel’s famed paths, spend your

Jennifer Berry Royal Shell Real Estate, Inc.

1250 Tennisplace Ct Unit A33, Sanibel, FL 33957
/13
$398,000
- Land
- 0.36 Acre
- $1,117,978 per Acre
2349 Wulfert Rd, Sanibel, FL 33957

Build Your Dream Home in The Sanctuary An exceptional opportunity to own one of the premier homesites in The Sanctuary on Sanibel Island. Perfectly positioned along the renowned Sanctuary Golf Club's 14th hole, this expansive lot offers breathtaking western exposure and serene lakefront views. Design and build your custom retreat to capture stunning sunset panoramas while embracing the natural

Christopher Kirchner Keller Williams Realty Fort Myers

2349 Wulfert Rd, Sanibel, FL 33957

Florida Lee County Sanibel

Home Trends in Sanibel, FL

On average, homes in Sanibel, FL sell after 166 days on the market compared to the national average of 53 days. The median sale price for homes in Sanibel, FL over the last 12 months is $875,000, down 12% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$875,000

Median Single Family Sale Price

$1,195,000

Median Townhouse Sale Price

$1,024,500

Median 2 Bedroom Sale Price

$749,500

Median 1 Bedroom Sale Price

$425,000

Average Price Per Sq Ft

$656

Number of Homes for Sale

448

Last 12 months Home Sales

497

Months of Supply

10.80

Median List Price

$1,089,000

Median Change From 1st List Price

13%

Median Home Sale Price YoY Change

-12%

How to Buy a Home How to Finance a Home How to Sell a Home

Explore the array of homes and houses for sale under $400,000 in Sanibel, where you'll find 27 options tailored for those seeking affordable real estate opportunities. Whether you're interested in spacious family homes, modern townhouses, or cozy bungalows, Sanibel offers a diverse range of choices to match your needs and financial considerations. Take advantage of these affordably-priced properties to make your move into the real estate market in Sanibel, FL.

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