Sanibel Island Real Estate

Is Sanibel Island wealthy?

Indeed, Sanibel, which is overwhelmingly White and a magnet for retirees, is a nesting ground for wealth. With only about 7,000 year-round residents, and about 7,500 units of housing, the approximate market value of the island’s real estate is $6.3 billion, according to city data.

About Sanibel Island

Sanibel Island is a beautiful barrier island located off the coast of Southwest Florida. Known for its pristine beaches, natural wildlife, and laid-back lifestyle, Sanibel Island is a popular destination for vacationers and retirees alike.

With its stunning scenery and relaxed atmosphere, it’s no wonder that many people are interested in purchasing real estate on Sanibel Island.

Types of Real Estate on Sanibel Island


There are a variety of homes available on Sanibel Island, ranging from cozy cottages to luxurious waterfront estates. Many homes on the island feature unique architectural styles and stunning views of the Gulf of Mexico or San Carlos Bay.


Condominiums are a popular choice for those looking for a low-maintenance option on Sanibel Island. Many condos offer resort-style amenities such as pools, tennis courts, and fitness centers.

Vacation Rentals

If you’re not quite ready to commit to purchasing real estate on Sanibel Island, vacation rentals are a great option. There are a variety of rental properties available, from beachfront cottages to luxurious villas.

Frequently Asked Questions

What is the average price of real estate on Sanibel Island?

The average price of real estate on Sanibel Island varies depending on the type of property and location. As of 2021, the median home value on the island is around $800,000.
What are the property taxes like on Sanibel Island?

Property taxes on Sanibel Island are relatively low compared to other areas in Florida. The tax rate is currently around 1.5% of the assessed value of the property.
Is it difficult to find real estate on Sanibel Island?

Due to the island’s popularity, real estate can sometimes be in high demand. However, there are always properties available for sale or rent on Sanibel Island.
Are there any restrictions on building or renovating homes on Sanibel Island?

Yes, there are strict building codes and regulations in place on Sanibel Island to protect the island’s natural environment. Any construction or renovation projects must adhere to these regulations.

Contact us today to learn more about purchasing real estate on Sanibel Island!