Punta Rassa Homes under $500,000

Punta Rassa Homes under $500,000

Welcome to Punta Rassa, a hidden gem nestled in the vibrant city of Fort Myers, Florida. This picturesque development is situated in Lee County, where the sun shines brightly and the Gulf of Mexico beckons with its pristine waters. Punta Rassa is not just a location; it’s a lifestyle that combines the tranquility of waterfront living with the excitement of nearby urban amenities.

For those seeking an affordable entry into this idyllic community, Punta Rassa offers an impressive selection of homes priced under $500,000. These properties provide an exceptional opportunity for first-time buyers, retirees, or anyone looking to invest in a slice of paradise without breaking the bank. Imagine waking up to stunning views, enjoying morning coffee on your private balcony, or taking leisurely strolls along the waterfront – all within reach of your new home.

The development boasts a range of architectural styles, ensuring that there’s something for everyone. From cozy condos to charming townhouses, each residence is designed to maximize comfort and style. Residents of Punta Rassa also enjoy access to a variety of amenities, including swimming pools, fitness centers, and community gathering spaces that foster a sense of belonging.

Beyond the community, Fort Myers offers a rich tapestry of activities, from vibrant shopping districts and gourmet dining to beautiful parks and cultural attractions. With its perfect blend of affordability, charm, and convenience, Punta Rassa is not just a place to live; it’s a place to thrive. Discover your dream home in this delightful community today!

Newest Punta Rassa Homes under $500,000

15011 Punta Rassa Road Unit 903, Fort Myers
$425,000
2 Beds ⋅ 2 Baths ⋅ 2026040445 MLS
Stunning 9th-Floor Penthouse Views at Punta Rassa building 3! Experience breathtaking panoramic views from this 9th-floor condo at Punta Rassa, ideally located just before the Sanibel Causeway. Enjoy spectacular vistas of the causeway, Sanibel Lighthouse, surrounding islands, and abundant coastal wildlife—including birds, stingrays, dolphins, and manatees. The property is being sold as-is and turnkey, offering an exciting opportunity to move right in with a few repairs and appliance updates, or completely renovate and create your own one-of-a-kind paradise in the sky. Punta Rassa offers a desirable coastal lifestyle with monthly rental opportunities, pet-friendly ownership, a full-time maintenance team, and on-site property management. Building amenities include unassigned covered parking and convenient access to nearby restaurants, shopping, and more. Punta Rassa owners also have access to dining at the Sanibel Harbour Yacht Club, adding another exceptional amenity to this waterfront community. Whether you're looking for a personal retreat, an investment opportunity, or a renovation project with incredible views, this penthouse offers a rare chance to own a piece of paradise in a truly special location.

15011 Punta Rassa Road Unit 903, Fort Myers
15010 Punta Rassa Road Unit 108, Fort Myers
$285,000
2 Beds ⋅ 2 Baths ⋅ 2026027870 MLS
Punta Rassa's Best Value! Enjoy panoramic bayfront views from this beautiful condo in Punta Rassa, your Gateway to the Islands. Overlooking the Causeway and serene Bay waters, this unit offers spectacular vistas and assigned covered parking—a rare find! The Sanibel causeway is complete, and beaches are now open to the public Located just steps from the pool and cabana, this unit is perfect for entertaining and soaking up the Florida lifestyle. Recent updates offer peace of mind, including a new roof, new A/C, new water heater, new LVP flooring and some impact-resistant glass. The kitchen and bath areas feature neutral Formica cabinetry and countertops, along with tile flooring and backsplash. The spacious primary bedroom with LVP flooring includes an additional window for abundant natural light. Offered fully furnished, this home is move-in ready for full-time living, seasonal use, or investment. Punta Rassa offers monthly minimums rentals and is pet-friendly for Owners—allowing two pets with no weight restrictions. Residents enjoy access to waterfront dining options at the adjacent Sanibel Harbour Yacht Club and are just around the corner from the Sanibel Harbour Marriott Resort & Spa and Bimini Bait Shack.

15010 Punta Rassa Road Unit 108, Fort Myers
15021 Punta Rassa Road Unit 402, Fort Myers
$410,000
2 Beds ⋅ 2 Baths ⋅ 2026025435 MLS
Spectacular bay views await from this ideally situated residence in Punta Rassa's premier center waterfront building. One of Punta Rassa's most cherished features is its mesmerizing sunsets, best enjoyed from your private lanai as the sun sets into the horizon beyond the tranquil waters and barrier islands. The updated kitchen offers both style and functionality, and the residence is offered turnkey furnished and move-in ready. Designed for comfort and peace of mind, the lanai is equipped with storm shutters, while impact-rated glass protects the remainder of the home. Residents enjoy an exceptional collection of amenities, including a resort-style pool and spa, tennis and pickleball courts, shuffleboard, grilling areas, and more. Boating and fishing enthusiasts will appreciate the unrivaled waterfront setting and easy access to some of Southwest Florida's most sought-after fishing and boating destinations. Additional highlights include on-site property management, scenic waterfront walking paths, and proximity to the Sanibel Harbour Yacht Club, where boat slips may be available for separate purchase. The property also offers private and community storage areas, as well as covered and open parking options. New sod and landscaping are currently being installed, further enhancing the beauty and appeal of this waterfront community. Whether you're seeking a full-time residence, seasonal retreat, or investment opportunity, this exceptional bayfront property offers the perfect blend of breathtaking views, resort-style amenities, and the relaxed coastal lifestyle that makes Punta Rassa so special.

15021 Punta Rassa Road Unit 402, Fort Myers
15010 Punta Rassa Road Unit 302, Fort Myers
$475,000
2 Beds ⋅ 2 Baths ⋅ 2026017297 MLS
SIZZLING SUNSETS!! ABSOLUTELY THE BEST VIEWS in Southwest Florida!! This newly renovated two bedroom two full bathroom bay-front condo offers STUNNING VIEWS overlooking the Sanibel Causeway bridge featuring gorgeous sunsets every evening! Brand new HVAC system! This condo is offered TURNKEY FURNISHED and is ready for you to come and live your best life; just bring your toothbrush and a change of clothes and don't forget your flip flops and that lost shaker of salt. Deeded under the building parking spot will keep your vehicle out of the Florida sun and there is private deeded under-building storage for all of your extra beach toys. Plank style luxury vinyl flooring throughout the condo feels soft and coastal. The gorgeous Capiz chandelier over the dining room feels fresh and beachy! New ceiling fans provide a cool breeze. Both bathrooms have been completely renovated for modern elegant living with the primary bathroom featuring dual sinks for your convenience. Spacious kitchen features attractive countertops and all new appliances. Amenities include tennis, pickleball, shuffleboard, swimming pool, hot tub spa, and several restaurants and bars. Enjoy walking the miles of tropical paths throughout the Punta Rassa community. Restaurants within walking distance are the Bimini Bait Shack, Charley's Cabana, Courtside Steakhouse, and the exclusive yacht club restaurant/bar which is private to Punta Rassa residents and Yacht Club members. Take a quick 5 minute drive and you are on Sanibel Island or 15 minutes the other way puts onto Fort Myers Beach, which is well known for its powder-sugar white sandy beaches! And most everyone agrees that Sanibel Island is the undisputed Shelling Capital of the World! Drive just 5 minutes down Summerlin road and you arrive at the Publix shopping plaza with numerous shops to get you everything you could possibly need. The International Airport is an easy 30 minute drive from Punta Rassa. You can lose yourself and all your problems while watching an endless parade of boats/yachts/ships cruise by as they head out into or return from the Gulf. Schedule your showing today.

15010 Punta Rassa Road Unit 302, Fort Myers
15010 Punta Rassa Road Unit 301, Fort Myers
$434,900
2 Beds ⋅ 2 Baths ⋅ 2026003406 MLS
PANORAMIC WATER VIEWS, TURNKEY FURNISHED, AND AN UNBEATABLE LOCATION AT THE GATEWAY TO SANIBEL! Experience the Southwest Florida lifestyle from this beautifully remodeled 2-bedroom, 2-bath condo in the bayfront community of Punta Rassa. From sparkling daytime views across San Carlos Bay and the Caloosahatchee River to colorful sunrises and sunsets, the scenery is a standout feature of this coastal retreat. Inside, the open-concept layout is bright, comfortable, and designed to take advantage of the surrounding water views. Offered turnkey furnished and thoughtfully updated throughout, the condo is ready to enjoy from day one. A new A/C system and water heater add even more value and peace of mind, whether you're looking for a full-time residence, seasonal getaway, or investment property. Punta Rassa offers a waterfront lifestyle with a heated community pool and spa, tennis and pickleball courts, and a private fishing pier currently being renovated. The community sits adjacent to the Sanibel Harbour Yacht Club and overlooks the Sanibel Harbour Marriott Resort & Spa, with Punta Rassa owners enjoying access to the Yacht Club restaurant and lounge. LOCATION IS EVERYTHING—and this one is tough to beat. Positioned at the base of the Sanibel Causeway, you're just minutes from the beaches, boating, dining, shopping, and world-famous shelling of Sanibel and Captiva while maintaining the convenience of mainland living. Fort Myers Beach is also within easy reach, giving you quick access to some of Southwest Florida's most popular coastal destinations. Additional features include assigned parking, guest parking, a private ground-floor storage unit, and additional shared storage on the unit floor. Best of all, ALL SPECIAL ASSESSMENTS WILL BE PAID IN FULL BY THE SELLER. Beautifully updated, fully furnished, surrounded by water views, and positioned in one of Southwest Florida's most distinctive waterfront locations—Punta Rassa offers the opportunity to spend less time getting to paradise and more time enjoying it.

15010 Punta Rassa Road Unit 301, Fort Myers
15031 Punta Rassa Road Unit 403, Fort Myers
$489,000
2 Beds ⋅ 2 Baths ⋅ 226013671 MLS
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!

15031 Punta Rassa Road Unit 403, Fort Myers
15031 Punta Rassa Road Unit 202, Fort Myers
$349,000
2 Beds ⋅ 2 Baths ⋅ 2026014480 MLS
Value has an address.... Endless MAGNIFICENT Sunsets. Hands down this home delivers a value that comes out on top. Exceptional buy with all the inclusions in this piece of Paradise by the Sea. Hurricane glass, COVERED assigned parking, hardwood floors, new kitchen with wooden tray ceiling. Breathtaking million-dollar direct panoramic views of San Carlos Bay and Caloosahatchee River , Silestone counters, built-in wine cooler, newer appliances, sliding glass doors from the living room to the lanai new a/c and water heater. The building rebuild includes new water pumps, generators, elevators, electrical, structural improvements to code, new walkways by water, freshly painted etc. Social membership to the Sanibel Harbour Yacht Club , provides much entertainment Special dinners, Karaoke and plenty of fun for the whole family with a no tipping policy. Perfect 2nd floor location to take advantage of the view. 2 storage units. Just a short ride to Sanibel & Fort Myers beaches. Next to the sanibel Harbour Resort and Spa. Don't miss out on this opportunity to own this spectacular move in condition condo. Prices are rising. Sellers will pay all existing assessments at the time of closing.

15031 Punta Rassa Road Unit 202, Fort Myers
15031 Punta Rassa Road Unit 105, Fort Myers
$284,999
2 Beds ⋅ 2 Baths ⋅ 2026011989 MLS
$90K PRICE REDUCTION!! Chart your course and set sail for C3213 – 26°29’16.58”N 82°00’45.25”W… WELCOME HOME TO PUNTA RASSA! This premier community is located on the historic cape of Punta Rassa in South Fort Myers, directly situated on San Carlos Bay and the Caloosahatchee River, offering magnificent panoramic water views from sunrise to sunset. This condo is offered turnkey with high end furniture, 2-bedroom, 2-bath, comfortably sleeps 6 and features an open-concept layout, allowing you to enjoy the spectacular views throughout. This unit has recently undergone a complete professional interior remodel, and truly no detail has been overlooked. Some of the many updates include luxury vinyl plank flooring throughout, custom white shaker cabinetry, upgraded quartz countertops, Whirlpool stainless steel appliances, an LG stackable washer and dryer, tiled showers with frameless glass enclosures, solid-core interior doors, fresh paint, designer lighting and ceiling fans, and custom Hunter Douglas interior shutters with a VerdiGlide pleated shade and custom drapery panels. The A/C system and water heater were replaced in 2024. Included are one assigned parking space, guest parking, a ground-floor storage unit, and additional shared storage on the unit floor. This bayfront community is located at the foot of the Sanibel Causeway, adjacent to the Sanibel Harbour Yacht Club, and overlooks the Sanibel Harbour Marriott Resort & Spa. Punta Rassa residents receive complimentary access privileges to the Yacht Club restaurant and lounge. Enjoy a game of tennis or pickleball, relax around the pool and spa, fish from the newly renovated private fishing pier (coming soon), or enjoy a bite to eat and a beverage at the Yacht Club. All of this is located just minutes from the world-renowned beaches of Sanibel Island, Captiva Island, and Fort Myers Beach. Additional Highlights - * This beautiful unit is thoughtfully priced for potential buyers or the savvy investor. * MOVE IN or RENTAL READY for the 2026/2027 season.

15031 Punta Rassa Road Unit 105, Fort Myers
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