Florida
Waterfront Homes for Sale in Sanibel
“Discover Sanibel Waterfront Living Today”
239 listings
Avg $1,744,758
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$24.9M
4405 W Gulf Drive
Sanibel, FL
6 bd7 ba10,183
$11.5M
3517 W Gulf Drive
Sanibel, FL
00 ba
$11M
2669 W Gulf Drive
Sanibel, FL
00 ba
$10.9M
4717 Rue Belle Mer
Sanibel, FL
4 bd6 ba6,175
$10M
1245 Buttonwood Lane
Sanibel, FL
00 ba
$9.0M
3767 W Gulf Drive
Sanibel, FL
5 bd5 ba6,639
$8.2M
4265 W Gulf Dr
Sanibel, FL
4 bd6 ba4,168
$7.9M
4369 W Gulf Drive
Sanibel, FL
00 ba
About Waterfront Homes in Sanibel
Sanibel, Florida currently offers 239 waterfront listings with an average price of $1,744,758. Properties range from $289,000 to $24,950,000, reflecting diverse options from cozy canal-front homes to expansive Gulf estates. Buyers are drawn to Sanibel’s pristine beaches, abundant wildlife, and relaxed island lifestyle.
Average listing price: $1,744,758 · 239 homes available
Frequently Asked Questions
Popular areas include West Gulf Drive, East Gulf Drive, and Blind Pass Lagoon. These neighborhoods offer direct beach or canal access and strong rental potential.
Waterfront properties typically see higher insurance premiums due to flood risk. Annual property taxes average 0.85% of assessed value, so a $2 million home may cost around $17,000 yearly.
Newer builds must meet strict elevation and wind-load codes. Buyers should verify flood insurance requirements and review evacuation routes before purchasing.