Spectacular corner unit with 2 extra windows in master bedroom allowing sunlight to enhance the beautiful water view and magnificent sunsets. The guest bedroom has a balcony. Over $25,000 of improvements in the past 3 years which include air conditioner, water heater, new tile, dishwasher, lanai roller shades, ceiling fans, front and screen door and more. The interior sliders have been removed allowing more space for enjoyment. French doors to the lanai from master bedroom. This condo has assigned, covered parking which is an asset if a car needs to be left. Social membership to the Sanibel Harbour yacht club at no cost to owners. Special arrangement with the Marriott Hotel to use the facility. Private showings available.
CondoProperty Type
1984Year Built
8,712 sq ftLot Size
$314Est. Price/Sq.Ft.
1 spaceParking
Listed by Marianne Stewart• Berkshire Hathaway Florida
Bought with Marianne Stewart• Berkshire Hathaway Florida
Punta Rassa IV-501 is a decorator redone property w/ outstanding wide open views of the bay & river. The kitchen has designer wooden cabinetry in the kitchen featuring self closing drawers. Stainless steel appliances. Flooring has been upgraded & the former sliding doors between the main screened balcony & living/dining room have been removed & the sliding door wall is on the stem wall where the screens are. All glass openings are high impact wind rated glass. Baths area in excellent condition. Allow your guests to enjoy the open second balcony which is about 8.5'' wide by 4'' deep. Under building parking spot conveys w/ condo. Extra storage on the ground level & a small shared storage area is available on each floor. All condo buildings have newer roofs, painting & sealing has just been completed. Asphalt replaced, lighting, landscaping enhanced, pool area, cabana area tub redone. Newer gas grills & charcoal grills. Complimentary membership in Sanibel Harbour Yacht Club.
Public Records
Nov 1, 1995
Sold
$169,000
$121/sq ft
Public Records
Aug 30, 1990
Sold
$160,000
$115/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$18 (+3.1%)
2024
$18 (+5.2%)
2023
$17 (−99.7%)
2022
$6,015 (+15.0%)
$466,959
2021
$5,232 (+3.1%)
$466,959
2020
$5,073 (−1.4%)
$367,399
2019
$5,144 (+7.3%)
$350,455
2018
$4,793 (−9.4%)
$350,455
2017
$5,292 (+51.6%)
$343,995
2016
$3,491 (−1.7%)
$343,995
2015
$3,551
2014
$3,549
Tax history for 15031 Punta Rassa Rd #501
Year
Property tax
Land + Additions
Assessment*
2025
$18 (+3.1%)
2024
$18 (+5.2%)
2023
$17 (−99.7%)
2022
$6,015 (+15.0%)
$466,959
2021
$5,232 (+3.1%)
$466,959
2020
$5,073 (−1.4%)
$367,399
2019
$5,144 (+7.3%)
$350,455
2018
$4,793 (−9.4%)
$350,455
2017
$5,292 (+51.6%)
$343,995
2016
$3,491 (−1.7%)
$343,995
2015
$3,551
2014
$3,549
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
13
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1984
Sq. Ft.
1,167
Year built
1984
Style
Condo/Co-op
County
Lee County
APN
09462304000040501
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
Property details
Parking
Garage/Carport Information
Has Carport
# of Carport Spaces: 1
Parking
Features: Assigned, Covered, Underground, One Space, Detached Carport
Association Fee Includes: Association Management, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Road Maintenance, Sewer, Security, Trash, Water
Association Amenities: Basketball Court, Cabana, Dog Park, Barbecue, Picnic Area, Pier, Pool, Shuffleboard Court, Storage, Sidewalks, Tennis Court(s), Trash
Community Information
Community Features: Boat Facilities, Elevator, Non-Gated, Tennis Courts
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,167
Stories: 13.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1984
Year Renovated: 1984
County: Lee County
APN: 09462304000040501
Home facts updated by county records on Jul 16, 2026
Around this home
Schools
Places
Transit
Heights Elementary School
Public PreK-5 • Assigned • 5.9mi
5/10
Lexington Middle School
Public 6-8 • Assigned • 6.1mi
4/10
Cypress Lake High School
Public 9-12 • Assigned • 7.8mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
In this area, properties receive around 9.5 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
9.5 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$417,000 – $505,000
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