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1406 Sanderling Circle
About This Property
Designed for relaxed coastal living, the residence features light-filled living spaces and an open flow that extends seamlessly to the outdoor lanai. The main living level is warm and inviting, highlighted by a cozy fireplace in the family room-perfect for peaceful mornings or unwinding in the evening after a day enjoying all that Sanibel has to offer.
Enjoy your private pool and spacious patio, an ideal setting for entertaining or simply relaxing with family and friends in a serene island backdrop. The lower level provides generous garage space along with ample room for bikes, kayaks, beach gear, and additional storage-perfect for embracing the active Sanibel lifestyle.
Residents of The Dunes enjoy optional membership to the semi-private golf and tennis club, along with pickleball and dining amenities. Spend your days golfing, playing tennis or pickleball, or biking to Sanibel's world-renowned beaches. With two convenient entrances and exits, this location offers easy on/off island access and close proximity to the Sanibel Causeway.
Whether you're seeking a full-time residence, seasonal retreat, or investment opportunity, this home captures the essence of Sanibel as a true sanctuary island.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 27, 2026 | Listed by Kingfisher Real Estate, Inc. | $1,425,000 | |
| Listed by Kingfisher Real Estate, Inc. | |||
| Oct 1, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017