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Sanibel Luxury Real Estate Analysis

Sanibel, Florida is a luxury real estate market located on the southwest coast of Florida in Lee County. With its sandy beaches and tropical climate, Sanibel is an ideal location for those looking to escape the hustle and bustle of city life. The island has a population of 9,000 residents and attracts over 2 million visitors annually. This is mainly due to the island's unique ecosystem that features hundreds of bird species, including migratory birds and endangered species like roseate spoonbills and wood storks. The preserve also houses one of the largest nesting sites for loggerhead sea turtles in North America. This makes Sanibel a prime location for eco-tourism and wildlife photography. It's known for its beautiful beaches as well as its wildlife preserves, where you can see everything from alligators to birds to sea turtles. It's also famous for having some of the best real estate in the world from luxury homes to quaint beach cottages.

Many people visit Sanibel every year, but fewer than 10% of all visitors actually choose to stay there permanently due to its limited housing stock and high cost of living relative to other parts of Florida. A little competition exists in the Sanibel housing market. In Sanibel, the average sale price of a home last month was $962K, an increase of 1.3% from the previous year. Sanibel's average sale price per square foot is $716, an increase of 6.2% from the previous year. In terms of investment opportunities, condominiums have been performing well since their launch last year; however single-family homes are still struggling due to low demand among potential buyers and high interest rates from lenders due to concerns over default rates by borrowers who already have mortgages on other properties. Sanibel real estate sales in August 2022 went for a median price of $1.3M, a 42.0% increase over the same month the previous year. 

In Sanibel, properties typically sell after 33 days on the market as opposed to 8 days the year before. 38% of Sanibel homebuyers between July and September of this year sought to leave Sanibel, while 62% sought to remain in the metropolitan area. The location is a favorite of both buyers and sellers due to its natural beauty and accessibility to marine life. Sanibel has been ranked by many publications as one of America's best islands. The residents are friendly and welcoming to visitors who come from all over the world to experience its unique beauty and charm. Luxury homes in Sanibel range from custom-built mansions on 3+ acres of land to elegant estates in gated communities with private pools and tennis courts. You'll find luxury condos for sale as well as waterfront homes for rent. With so many options available, it's easy to find exactly what you want at a price that suits your budget.

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Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
996 Greenwood CT N 3 3 1,741 $837,000 $480 1 day
1422 Sanderling CIR 4 3 3,323 $1,150,000 $346 1 day
1112 Skiff PL 3 2 1,620 $949,000 $585 1 day
1874 Middle Gulf DR N/A N/A N/A $1,495,000 Unknown 2 days
198 Southwinds DR 2 2 1,632 $1,295,000 $793 2 days
5117 Sea Bell RD Unit D204 3 2 1,555 $649,000 $417 2 days
5117 Sea Bell RD Unit E103 3 3 1,534 $649,000 $423 2 days
5117 Sea Bell RD Unit A102 2 2 1,233 $449,000 $364 2 days
2675 Wulfert RD Unit 6 3 2.5 2,815 $899,000 $319 3 days
827 E Gulf DR Unit C8 2 2 967 $970,000 $1,003 3 days
500 Kinzie Island CT 3 3 2,696 $1,825,000 $676 3 days
No address 3 4.5 3,253 $1,995,000 $613 3 days
2230 Camino Del Mar DR Unit 3X4 1 1 700 $740,000 $1,057 6 days
1143 Sand Castle RD 3 2.5 2,676 $1,325,000 $495 6 days
1034 Fish Crow RD 3 2 2,336 $1,449,000 $620 6 days
657 Cardium ST 4 3 2,042 $930,000 $455 6 days
4639 Brainard Bayou RD 2 2.5 1,395 $950,000 $681 7 days
527 E Gulf DR Unit 203 2 2 986 $1,095,000 $1,110 7 days
2388 Wulfert RD 3 4 3,402 $2,495,000 $733 8 days
1057 Sand Castle RD 3 2 2,212 $1,095,000 $495 7 days
3168 Twin Lakes LN 3 2 1,676 $1,295,000 $772 8 days
729 Sand Dollar DR 4 3 1,594 $1,299,000 $814 10 days
1250 Tennisplace CT Unit B32 2 1 688 $469,000 $681 8 days
1401 Middle Gulf DR Unit 306-O 2 2 1,531 $1,699,000 $1,109 8 days
1250 Tennisplace CT Unit E33 2 1 688 $429,000 $623 14 days
979 E Gulf DR Unit 282 2 2 1,184 $798,000 $673 13 days
845 E Gulf DR Unit 1422 2 2 981 $615,000 $626 17 days
845 E Gulf DR Unit 342 2 2 981 $549,000 $559 9 days
2777 W Gulf DR Unit 309 2 2 1,398 $1,100,000 $786 10 days
1300 Par View DR 4 2 2,101 $976,000 $464 10 days
9226 Kincaid CT 3 2 1,245 $789,900 $634 12 days
2486 Wulfert RD N/A N/A N/A $280,000 Unknown 13 days
3067 W Gulf DR Unit 102 2 2 1,175 $899,000 $765 13 days
1299 Middle Gulf DR Unit 191 3 3 1,358 $1,349,900 $994 27 days
Bay DR N/A N/A N/A $2,500,000 Unknown 100 days
2737 W Gulf DR Unit 228 2 2 1,007 $925,000 $918 14 days
671 E Gulf DR Unit 4B3 1 1 601 $700,000 $1,164 14 days
671 E Gulf DR Unit 2A3 2 2 875 $800,000 $914 14 days
2549 W Gulf DR Unit 106 3 3.5 3,801 $4,700,000 $1,236 14 days
9066 Mockingbird DR 3 4 2,765 $2,295,000 $830 14 days
2445 W Gulf DR Unit 35B 2 2 1,243 $980,000 $788 15 days
431 Bella Vista WAY E 5 4 3,240 $3,450,000 $1,064 15 days
1919 Olde Middle Gulf DR Unit 401 2 2 1,160 $850,000 $732 16 days
1625 Serenity LN 3 2 2,058 $767,000 $372 17 days
9436 Yucca CT 3 2 2,367 $875,000 $369 16 days
1785 Middle Gulf DR Unit A103 3 2 1,348 $1,299,000 $963 17 days
3313 W Gulf DR Unit 102 4 3.5 2,706 $2,949,000 $1,089 17 days
5117 Sea Bell RD Unit F111 2 2 1,207 $549,000 $454 19 days
760 Sextant DR Unit 811 2 2 1,439 $475,000 $330 20 days
3312 Saint Kilda RD 4 3 1,786 $1,395,000 $781 20 days
Average: 2.7 2.4 1,862 $1,376,296 $676 229 days
Viewing 1 - 50 of 324
Viewing 1 - 50 of 324
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1785 Middle Gulf DR Unit B-203 3 2 1,348 $1,498,000 $1,111 15 days
5663 Baltusrol CT Unit 2B 3 3.5 2,348 $1,050,000 $447 17 days
2711 Wulfert RD 5 5.5 3,863 $1,848,000 $478 24 days
1304 Par View DR 3 3 1,966 $1,050,000 $534 22 days
1299 Middle Gulf DR Unit 223 2 2 1,265 $699,950 $553 27 days
5751 Baltusrol CT 3 4 3,165 $2,298,000 $726 12 days
6425 Pine AVE 4 3 2,443 $1,750,000 $716 20 days
497 Lake Murex CIR 3 3 2,140 $599,000 $279 32 days
1828 Buckthorn LN 5 4.5 3,494 $1,899,000 $543 69 days
408 Bella Vista WAY E 4 4 3,340 $1,200,000 $359 42 days
2402 Wulfert RD 4 3.5 4,187 $1,399,900 $334 72 days
3784 Coquina DR 3 3 2,180 $599,000 $274 71 days
4577 Waters Edge LN 4 4 2,459 $5,200,000 $2,114 129 days
280 Southwinds DR 4 3.5 2,317 $899,000 $388 130 days
1206 Par View DR 3 2 2,117 $1,150,000 $543 134 days
220 Palm Lake DR 3 3 1,774 $899,999 $507 657 days
4819 Tradewinds DR N/A N/A N/A $3,000,000 Unknown 189 days
1428 Albatross RD 3 2.5 2,392 $1,225,000 $512 198 days
4339 Gulf Pines DR 3 2 1,473 $949,000 $644 227 days
746 Cardium ST 4 2 1,280 $750,000 $585 224 days
1890 Farm TRL 3 2 1,512 $729,000 $482 275 days
9008 Mockingbird DR 3 3 2,531 $1,335,000 $527 303 days
2311 W Gulf DR Unit 13 2 2 1,083 $995,000 $918 304 days
5145 Joewood DR 5 4.5 4,800 $2,994,000 $623 271 days
785 Birdie View PT 3 2.5 3,101 $1,595,000 $514 272 days
200 Periwinkle WAY Unit 214 3 2 1,550 $614,000 $396 338 days
1653 Bunting LN N/A N/A N/A $325,000 Unknown 355 days
1640 Periwinkle WAY Unit 3 N/A N/A N/A $225,000 Unknown 327 days
1250 Tennisplace CT Unit C31 2 1 688 $465,000 $675 386 days
1377 Sand Castle RD 4 3 1,714 $647,000 $377 464 days
2349 Wulfert RD N/A N/A N/A $375,000 Unknown 564 days
200 Periwinkle WAY Unit 132 2 2 1,607 $475,000 $295 581 days
5657 Baltusrol CT Unit 2B 3 3.5 2,565 $825,000 $321 627 days
2445 W Gulf DR Unit E6 3 2 1,326 $1,095,000 $825 1102 days
Average: 3.3 2.9 2,267 $1,254,642 $587 224 days
Viewing 1 - 34 of 34
Viewing 1 - 34 of 34
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
845 E Gulf DR Unit 142 1 1 612 $425,000 $375,000 $612 270 days 10/28/26
824 Birdie View PT 3 3 2,363 $1,325,000 $1,250,000 $528 37 days 10/23/26
9247 Dimmick DR 3 2 2,373 $775,000 $760,000 $320 42 days 10/23/26
1460 Middle Gulf DR 4 4.5 3,660 $2,295,000 $2,150,000 $587 154 days 10/23/26
1270 Par View DR 3 2 2,107 $990,000 $990,000 $469 52 days 10/22/26
6007 Clam Bayou LN 4 4.5 4,523 $1,475,000 $1,115,000 $246 26 days 10/21/26
1901 Sanibel Bayou RD 3 3 2,595 $1,495,000 $1,410,000 $543 26 days 10/15/26
1114 Seagrape LN 3 2 2,123 $2,695,000 $2,442,000 $1,150 91 days 10/9/26
1314 Tahiti DR 3 2 1,450 $579,000 $535,000 $368 166 days 10/9/26
419 Lighthouse WAY 4 3 2,446 $1,899,000 $1,450,000 $592 187 days 10/8/26
702 Pyrula AVE 3 2 1,552 $895,000 $800,000 $515 618 days 10/8/26
2549 W Gulf DR Unit 206 3 3.5 3,801 $4,500,000 $3,700,000 $973 309 days 10/6/26
2438 Wulfert RD N/A N/A N/A $399,000 $300,000 Unknown 974 days 10/5/26
827 E Gulf DR Unit K8 2 2 1,040 $475,000 $478,000 $459 289 days 10/1/26
207 Daniel DR 3 2 1,563 $1,190,000 $1,150,000 $735 151 days 9/25/26
1238 Par View DR 3 3 2,165 $1,299,000 $1,175,000 $542 192 days 9/25/26
1126 Harbour Cottage CT 3 2 2,202 $1,995,000 $1,950,000 $885 203 days 9/25/26
5243 Indian CT 2 2 2,398 $1,399,000 $1,217,000 $507 197 days 9/25/26
1142 Shell Basket LN 3 2 950 $595,000 $548,000 $576 373 days 9/25/26
1425 Causey CT 4 3 2,326 $899,000 $850,000 $365 75 days 9/18/26
6120 Henderson RD 3 2.5 2,107 $1,595,000 $1,250,000 $593 91 days 9/18/26
1610 Middle Gulf DR Unit D5 2 2 1,050 $425,000 $360,000 $342 285 days 9/18/26
6476 Pine AVE 3 3 1,520 $1,000,000 $1,000,000 $657 256 days 9/14/26
979 E Gulf DR Unit C303 2 2 1,184 $785,000 $740,000 $625 510 days 9/14/26
791 Sand Dollar DR 3 2.5 3,100 $1,495,000 $1,330,000 $429 33 days 9/11/26
4636 Buck Key RD 2 2 1,512 $545,000 $515,000 $340 86 days 9/11/26
253 Daniel DR 3 2 1,936 $1,195,000 $1,090,000 $563 165 days 9/10/26
1550 Wilton LN 3 2.5 3,076 $1,150,000 $1,125,000 $365 244 days 9/10/26
1379 Albatross RD 3 2.5 2,443 $1,149,000 $1,025,000 $419 216 days 9/9/26
1501 Middle Gulf DR Unit 208H 1 1 778 $490,000 $467,500 $600 38 days 9/4/26
979 Whelk DR 3 3 2,477 $1,495,000 $1,200,000 $484 246 days 9/4/26
1105 Skiff PL 4 3 1,714 $699,000 $665,000 $387 416 days 9/4/26
474 Lake Murex CIR 3 2 1,400 $650,000 $590,000 $421 245 days 9/3/26
647 Rabbit RD 3 2 1,376 $849,000 $625,000 $454 462 days 9/3/26
760 Sextant DR Unit 941 3 2 1,292 $850,000 $850,000 $657 84 days 9/1/26
4775 Rue Helene 4 3 2,294 $1,378,000 $1,280,000 $557 53 days 9/1/26
2499 Harbour LN 3 3 1,536 $1,399,000 $1,200,000 $781 109 days 8/31/26
979 E Gulf DR Unit 191 2 2 1,184 $847,555 $790,000 $667 146 days 8/31/26
629 Nerita ST Unit A 2 2 1,079 $550,000 $525,000 $486 61 days 8/26/26
1737 Serenity LN 3 2 1,464 $680,000 $635,000 $433 216 days 8/26/26
No address 3 2 1,871 $1,249,000 $1,175,000 $628 160 days 8/25/26
2287 Starfish LN 4 4 4,146 $2,500,000 $1,806,000 $435 0 days 8/21/26
1607 Sand Castle RD 3 2.5 1,717 $699,000 $655,000 $381 34 days 8/21/26
1044 Fish Crow RD 4 3.5 2,958 $2,100,000 $1,975,000 $667 224 days 8/21/26
1537 Sand Castle RD 4 3 2,316 $1,499,000 $1,365,000 $589 423 days 8/21/26
1637 Sabal Sands RD 3 2 1,250 $899,000 $875,000 $700 134 days 8/19/26
3702 Coquina DR 4 3 1,730 $1,050,000 $990,000 $572 137 days 8/18/26
1111 Schooner PL 4 3 3,073 $1,500,000 $1,500,000 $488 34 days 8/17/26
4546 Buck Key RD 4 2 2,424 $799,000 $765,000 $315 193 days 8/14/26
555 Piedmont RD 3 2 1,248 $900,000 $835,000 $669 135 days 8/13/26
Average: 2.9 2.5 2,016 $1,359,575 $1,241,431 $598 179 days
Viewing 1 - 50 of 174
Viewing 1 - 50 of 174

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.