29

Sanibel, FL Homes for Sale under $400,000

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  • /33

    $380,000

    • 1 Bed
    • 1 Bath
    • 950 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

    Agent Photo

    Tina DiCharia

    Royal Shell Real Estate, Inc.

    (855) 686-4896

    1610 Middle Gulf Dr Unit A3, 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

    Agent Photo

    Gregory Demaras

    Pfeifer Realty Group LLC

    (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

    Agent Photo

    Gregory Demaras

    Pfeifer Realty Group LLC

    (866) 705-4379

    1032 Sand Castle Rd, Sanibel, FL 33957
  • /12

    $395,000

    • Land
    • 0.56 Acre
    • $705,357 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

    Agent Photo

    Carolyn Tongyai

    John R. Wood Properties

    (833) 293-2909

    1653 Bunting Ln Unit 76, Sanibel, FL 33957
  • /12

    $395,000

    • Land
    • 0.56 Acre
    • $707,885 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

    Agent Photo

    Carolyn Tongyai

    John R. Wood Properties

    (877) 297-9091

    1653 Bunting Ln, Sanibel, FL 33957
  • /14

    $375,000

    • Land
    • 0.36 Acre
    • $1,041,667 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
  • /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
  • /31

    $395,000

    • 1 Bed
    • 1 Bath
    • 612 Sq Ft

    760 Sextant Dr Unit 612, Sanibel, FL 33957

    ONE OF THE BEST BUYS ON THE ISLAND!This exquisite top-floor, corner condo offers breathtaking views of San Carlos Bay and an unbeatable coastal lifestyle. Perfect for boating enthusiasts or anyone who loves being close to the water, this residence combines comfort, convenience, and exceptional amenities. The kitchen features granite countertops, newer stainless-steel appliances, and a

    Nelica Krekic Nexthome South Pointe

    760 Sextant Dr Unit 612, Sanibel, FL 33957
  • /15

    $339,000

    • 1 Bed
    • 1 Bath
    • 638 Sq Ft

    805 E Gulf Dr Unit A7, Sanibel, FL 33957

    Welcome to Unit A7 in the Original Sanibel Arms Complex — a rare opportunity to secure your place in one of Sanibel’s most beloved communities. The complex is currently undergoing a full renovation following Hurricane Ian, with completion anticipated in April 2026. Once finished, Sanibel Arms will feel beautifully refreshed with new impact windows, freshly painted exteriors, and revitalized

    Deborah Smith Michael Saunders & Company

    805 E Gulf Dr Unit A7, Sanibel, FL 33957
  • /23

    $395,000

    • Land
    • 0.78 Acre
    • $508,824 per Acre

    486 Ponce de Leon Rd, Sanibel, FL 33957

    Now is the time to buy your own slice of PARADISE in Sanibel Island! Don't miss the amazing drone footage in the tour link! This .74 ACRE MOL, BUILDABLE property is SIX LOTS combined creating one HUGE, BEAUTIFUL WOODED, CORNER LOT in a friendly, quiet neighborhood tucked away off of the main road. This area still has the charm of old Sanibel with the sun-bleached, crushed-shell roads preferred by

    Shawn Killebrew Coastal Properties Group International

    486 Ponce de Leon Rd, 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
  • /3

    $319,000

    • Land
    • 0.38 Acre
    • $843,915 per Acre

    3013 Poinciana Cir, Sanibel, FL 33957

    Discover a rare opportunity to own a prime vacant lot on Sanibel Island — just steps from the Gulf of Mexico and ideally positioned to embrace coastal living. This exceptional parcel offers public water and sewer connections available at the site, providing essential utilities ready for your future build. This lot boasts approximately 4,800 sq ft of buildable area, allowing you to design and

    David Gilchrist Always Island Time Realty LLC

    3013 Poinciana Cir, 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
  • /7

    $399,000

    • Land
    • 0.32 Acre
    • $1,246,875 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
  • /28

    $338,000

    • 2 Beds
    • 1 Bath
    • 967 Sq Ft

    601 Periwinkle Way Unit D1, Sanibel, FL 33957

    This beautifully renovated 2/1 at Captain’s Walk is the lowest-priced 2 bedroom corner condo on Sanibel! It is on the East End offering easy on-and-off island access. This is a corner unit offering more privacy and natural light! Walk or bike to beaches, shops, and dining. Features include impact windows, tile floors, wood cabinetry, granite countertops, kayak launch and storage, boat drop-off,

    Phaidra McDermott Kingfisher Real Estate Inc.

    601 Periwinkle Way Unit D1, Sanibel, FL 33957
  • /22

    $399,000

    • Land
    • 0.31 Acre
    • $1,287,097 per Acre

    4019 Coquina Dr, Sanibel, FL 33957

    An exceptional near beach parcel with good elevation, that also backs up to preservation land to ensure supreme privacy in perpetuity. This ideal cul-de-sac location is just steps to deeded beach access across from the entrance to this small community off of West Gulf Drive. This parcel is also altered land which allows for greater development coverage. The measured sq fg is 14,095 sq ft. Owners

    Phaidra McDermott Kingfisher Real Estate, Inc.

    4019 Coquina Dr, 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
  • /22

    $399,000

    • Land
    • 0.36 Acre
    • $1,108,333 per Acre

    4019 Coquina Dr Unit 19, Sanibel, FL 33957

    An exceptional near beach parcel with good elevation, that also backs up to preservation land to ensure supreme privacy in perpetuity. This ideal cul-de-sac location is just steps to deeded beach access across from the entrance to this small community off of West Gulf Drive. This parcel is also altered land which allows for greater development coverage. The measured sq fg is 14,095 sq ft. Owners

    Phaidra McDermott Kingfisher Real Estate Inc.

    4019 Coquina Dr Unit 19, Sanibel, FL 33957
  • /22

    $329,000

    • 2 Beds
    • 1.5 Baths
    • 850 Sq Ft

    561 Periwinkle Way Unit E2, Sanibel, FL 33957

    Don't miss the opportunity to make this beautiful and totally renovated condo your island getaway. Located in the sought after east end of Sanibel. This 2 bedroom, 1 and 1/2 bath condo features all new impact glass, newly renovated baths, kitchen, white coastal cabinetry, new stainless appliances, quartz countertops and luxury vinyl flooring. Extended cabinetry through out the dining area.

    Teresa Baker Royal Shell Real Estate, Inc.

    561 Periwinkle Way Unit E2, Sanibel, FL 33957
  • /36

    $349,000

    • 1 Bed
    • 1 Bath
    • 895 Sq Ft

    1610 Middle Gulf Dr Unit F7, Sanibel, FL 33957

    MOTIVATED SELLER!! MOST AFFORDABLE UNIT IN SPANISH CAY. 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

    kelly Huguenin Pfeifer Realty Group LLC

    1610 Middle Gulf Dr Unit F7, 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
  • /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

    $375,000

    • Land
    • 0.36 Acre
    • $1,053,371 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

Home Trends in Sanibel, FL

Housing Trends

Median Sale Price
$885,625
Median Single Family Sale Price
$1,199,000
Median Townhouse Sale Price
$1,150,000
Median 2 Bedroom Sale Price
$789,000
Median 1 Bedroom Sale Price
$425,000
Average Price Per Sq Ft
$646
Number of Homes for Sale
481
Last 12 months Home Sales
524
Months of Supply
11.00
Median List Price
$1,095,000
Median Change From 1st List Price
13%
Median Home Sale Price YoY Change
-11%
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