505 Lighthouse WAY
Agent Name: Gregory Demaras
Office Name: Pfeifer Realty Group LLC
$1,687,000
3,759 per sqft
Agent Name: Gregory Demaras
Office Name: Pfeifer Realty Group LLC
3,759 per sqft
Active
4 Beds
4 Baths
3,000 sqft
Condo
Built in 1965
Rare opportunity offered on Lighthouse Way.  One of Sanibel’s most premier East End streets, this property presents an opportunity to create a custom waterfront residence in a location where finished homes consistently command top-tier value. Just minutes to the Gulf with deep-water, direct-access boating, the property features a seawall, generous dock area, a 16,000-lb boat lift, and two additional davits.  A boater’s dream setup seldom available on the East End. The home offers all-concrete block construction on both the first and second floors, providing a solid structural base for future plans.  A new $90,000 commercial-grade standing-seam metal roof and fascia are already in place, representing a significant investment and a meaningful head start for the next owner. Outdoor elements include a pool and spa, mature tropical landscaping, and space for outdoor living and entertaining. This East End location allows for easy on-and-off island access, avoiding mid-island traffic, while remaining within walking distance to the Sanibel Lighthouse, beaches, restaurants, shops, and local favorites. This is a rare chance to secure a Lighthouse Way address with direct Gulf access and build or renovate to suit your vision. Owner financing available.
2026005751
MLSⓇ ID02/04/2026
LISTEDN/A
UPDATED505 Lighthouse WAY
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Premier Sotheby's International Realty
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