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$1,600,000 -$50,000 (-3.03%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,762 Sq. Ft.
  • Updated 1 day ago
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Now offered at a newly adjusted, highly competitive price-presenting an exceptional opportunity to secure brand-new construction on Sanibel Island. This brand-new Coastal Contemporary residence is one of only three new construction homes currently available on all of Sanibel Island-making this an exceptionally rare opportunity to live just moments from the pristine, shell-strewn beaches and turquoise waters that define this world-renowned destination. Recently praised by Southern Living as an "old-school beach town" with "near-perfect weather" and "pristine" sands, Sanibel's timeless charm is undeniable-and this home captures that spirit in every detail. Built to meet the latest building codes for maximum longevity and performance, this home offers solid concrete construction with a concrete base and pilings, a standing seam metal roof, impact windows and doors, custom cabinetry, quartz countertops, premium tilework, and a soothing coastal color palette. An airy open floor plan, soaring ceilings, and expansive windows welcome abundant natural light and refreshing Gulf breezes, creating a bright, breezy sanctuary ideal for island living. Thoughtfully designed for both everyday comfort and future flexibility, the home includes an elevator shaft and an inviting outdoor living area with a private pool-perfect for unwinding after a morning of shelling or an evening stroll to the water. Nestled in one of the East End's most coveted neighborhoods, you'll enjoy unmatched proximity to the beach, the causeway, and all the island amenities that make Sanibel a true sheller's paradise. No waiting, no compromise-just move in and start living the island dream.

Full Property Details for 742 Nerita St

General

  • Price: $1,600,000
  • Taxes: (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 225049705
  • Updated: 2/18/2026
  • Added to Site: 274 day(s) ago

Interior

  • Interior Features: Split Bedrooms, Built-In Cabinets, Cathedral Ceiling(s), Pantry
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Dual Sinks

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Kitchen: Pantry
  • Dining Room: Dining - Living, Eat-in Kitchen
  • Laundry: Inside

Additional Information

  • Shared Amenities: Extra Storage, See Remarks, Non-Gated
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground

Exterior

  • Porch/Patio/Deck: Open Porch/Lanai, Screened Lanai/Porch, Deck, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: 2+ Spaces, Covered, Under Bldg Closed, Garage Door Opener, Attached

Location

  • Area: SI01 - Sanibel Island
  • County: Lee
  • Subdivision: PERIWINKLE PROP SUBD UNREC
  • Building Name: PERIWINKLE PROP SUBD UNREC
  • Direction Faces: West

Community

  • Assoc. Fees Include: None
  • Units Assoc/Comm: 1
  • Pets Allowed: Yes
  • Management Type: None

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Central
  • Water: Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Architectural Style: See Remarks
  • Description/Design: Single Family Residence
  • Exterior Const.: Elevated, Piling, Wood Siding
  • Roof: Metal
  • Windows: Impact Resistant, Impact Resistant Windows
  • Stories/Levels: 1
  • Stories in Building: 1
  • Square Feet: 1,762
  • Sq. Ft. Source: Property Appraiser Office
  • Living Area: 1,762 Sq. Ft.
  • Year Built: 2025
  • Property Condition: New Construction

Lot Features

  • Property View: Landscaped Area
  • Lot Size (Acres): 0.301
  • Lot Size (Sq. Ft.): 13,111
  • Lot Size Source: Property Appraiser Office
  • Street/Road Desc.: Unimproved
  • Irrigation System: Other
  • Lot Features: Irregular Lot
  • Lot Description: Irregular Lot

Water Features

  • Water Front Desc.: None
  • Canal Width: None

Financial Considerations

  • Tax Year: 2025
  • Terms: Buyer Finance/Cash

Disclosures and Reports

  • Ownership: Single Family
  • Legal Description: FR SELY COR LOT 1 BLK 8 SANIBEL SHORES #1 RUN N 74 DEG 06 MIN E 62.4 FT TH
  • Property ID: 30-46-23-T2-00016.0190
  • Section: 30
  • Block: 8
  • Lot Number: 1

Listed by Keller Williams Realty Fort Myers

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Listing agents

— 742 Nerita St —

  • Keller Williams Realty Fort Myers

  • Keller Williams Realty Fort Myers

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 742 Nerita St

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
The Sanibel School
3840 Sanibel Captiva Road, Sanibel, FL 33957
6-84.5 mi
Cypress Lake Middle School
8901 Cypress Lake Drive, Fort Myers, FL 33919
6-811.4 mi
Cypress Lake High School
6750 Panther Lane, Fort Myers, FL 33919
9-1211.2 mi
South Fort Myers High School
14020 Plantation Road, Fort Myers, FL 33912
9-1213.9 mi
Fort Myers High School
2635 Cortez Boulevard, Fort Myers, FL 33901
9-1216.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 742 Nerita St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/13/2026
Price Reduced
$1,600,000
-3.03%
MLS
1/09/2026
Price Reduced
$1,650,000
-2.94%
MLS
6/23/2025
Price Reduced
$1,700,000
-5.56%
MLS
5/22/2025
Listed
$1,800,000
192.68%
MLS
2/12/2021
Sold
$615,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 742 Nerita St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,585
-6%
$467,406
2%
2024
$7,039
-9%
$460,022
-10%
2023
$7,729
41%
$509,709
7%
2021
$5,473
-49%
$477,605
-37%
2022
$10,678
95%
$754,152
86%
2021
$5,473
3%
$405,805
2%
2019
$5,317
—
$396,681
2%
2018
$5,314
-5%
$389,285
2%
2017
$5,565
1%
$381,278
2%
2016
$5,534
-2%
$373,436
-14%
2015
$5,630
7%
$436,394
7%
2014
$5,274
—
$407,903
20%
2013
$5,292
—
$340,596
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 742 Nerita St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Keller Williams Realty Fort Myers

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742 Nerita St, Sanibel, FL 33957 (MLS# 225049705) is a Single Family property with 3 bedrooms and 2 full bathrooms. 742 Nerita St is currently listed for $1,600,000 and was received on May 22, 2025. Want to learn more about 742 Nerita St? Do you have questions about finding other Single Family real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

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