Stunning gulf and bay views from this lovely 4th floor unit in Punta Rassa! Enjoy stellar views of the Gulf of Mexico, Sanibel Island, and the Pine Island sound and beyond. Lots of high value upgrades including impact window and doors in 2026, new appliances throughout, new window coverings, new flooring, paint, kitchen, tops, fixtures and more. NEEDS NOTHING!!! Act fast to secure your piece of paradise in the sun!
CondoProperty Type
1984Year Built
8,881 sq ftLot Size
$419Price/Sq.Ft.
$1,138/moHOA Dues
Listed by Maurice Cossairt• Edgewater Realty & Homes LLC
Residential condo in a high-rise (13 floors, building classified as 8+)
Unit 403 in the development
Rear exposure faces northwest
Located in the Punta Rassa development
Parking
1 assigned parking space
Security
Impact-resistant windows provide storm protection
Construction
Concrete block and poured concrete construction
Built in 1984
Utilities
Central water
Central sewer
Cable available
HOA & community
Mandatory HOA (Condo/Hotel community)
Professional management
Quarterly master HOA fee
HOA covers cable, insurance, internet/WiFi, lawn and land maintenance, legal/accounting, manager, exterior pest control, sewer, street lights and maintenance, trash removal, and water
On-site amenities include a clubhouse, business center, internet access, and tennis court
Financial info
Total annual recurring HOA fees: $13,660
One-time fees: $300
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 15031 Punta Rassa Rd #403
Sale History
Tax History
Date
Event
Price
NAPLESMLS #226013671
Jun 27, 2026
Price Changed
$489,000
$419/sq ft
Mar 31, 2026
Listed
$499,000
$428/sq ft
FORTMLS #223048196
Sep 10, 2023
Listing Removed
—
Jun 29, 2023
Listed
$399,000
$342/sq ft
FORTMLS #221080865
Feb 14, 2022
Sold
$509,900
$437/sq ft
Dec 14, 2021
Pending
—
Dec 13, 2021
Relisted
—
Dec 6, 2021
Pending
—
Dec 2, 2021
Price Changed
$509,900
$437/sq ft
Nov 18, 2021
Listed
$529,900
$454/sq ft
+23
Welcome to Punta Rassa, the premier community located on the Punta Rassa peninsula which includes the Sanibel Harbour Yacht Club. You will feel the warmth of this well-maintained home as soon as you enter. Newer kitchen with wood cabinets, tray ceiling, newer appliances, beautiful wood like flooring in the kitchen, dining and living rooms. Perfect 4th floor location with mesmerizing water views. Large, heated pool and hot tub. Many amenities. Social membership to the Sanibel Harbour Yacht Club included with no membership fees. Common charges include high speed internet and tv. Assigned parking.
Public Records
Mar 4, 1997
Sold
$172,900
$148/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$129 (+1.4%)
2024
$127 (+388.5%)
2023
$26 (−99.5%)
2022
$5,709 (+13.0%)
2021
$5,053 (+3.2%)
2020
$4,898 (−1.4%)
$354,801
2019
$4,967 (+7.4%)
$338,343
2018
$4,624 (−5.7%)
$338,343
2017
$4,901 (+11.9%)
$334,305
2016
$4,381 (+2.0%)
$334,305
2015
$4,294 (−1.4%)
$278,458
2014
$4,356
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
13
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1984
Finished Sq. Ft.
1,167
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,167
Year built
1984
Style
Condo/Co-op
County
Lee County
APN
09462304000040403
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
C-2
Commercial District
The purpose and intent of the C-2 district is to regulate the continuance of commercial and select residential land uses and structures lawfully existing in the C-2 district as of August 1, 1986, and as originally permitted by the County Zoning Regulations of 1962, as amended, and 1978, as amended, respectively. Subsequent to February 4, 1978, no land or water shall be rezoned into the C-2 districts, unless located within the mixed use overlay as identified on Lee Plan Map 1, Page 6. In no case shall new development be permitted in any existing C-1 district which is not consistent with the Lee Plan.
Permitted uses
Include but are not limited to:
Gas station
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Manufacturing
Hotel / motel
Mixed use
Office
Medical office
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 28 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Fort Myers, FL • 33908
Average low and high temperatures (°F)
72
54
76
59
81
63
85
67
89
74
91
76
91
77
91
78
90
77
87
72
82
64
77
60
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
6.8 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 15031 Punta Rassa Rd #403
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $390,000 and $650,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $390K to $650K.