Punta Rassa, 15011 Punta Rassa Rd #505

Own in Punta Rassa?
2
Beds
2
Baths
1,167
SqFt
$231
$/SqFt
Sold - Feb 17, 2026
Entry-Level Condo
Built in 1982
Bay, Partial Gulf View
Waterfront
Contemporary, High Rise (8+)
Balcony
Don't miss this premier 5th floor location at Punta Rassa Building 3. Enjoy spectacular views from this central, Bayfront location with exceptional views of the Sanibel Causeway and Causeway Islands. Abundant views of boats, birds and wildlife make this Bayfront peninsula well sought after. This 2-bedroom 2-bathroom unit is just about move in ready or ready for your custom upgrades. New A/C system and hot water heater as well as new building paint and upgrades to infrastructure. Being sold turnkey furnished. Storm shutters are in need of replacement. Property is offered As-Is and priced for Buyer to assume the $70,000 special assessment from the post Hurricane Ian Mitigation Company (ARS) Settlement 1/2026. Building has Occupancy as of 1/2026.
MLS Number: 2025022133
Updated: 235 Days ago
Page Views: 0
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Features

Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, Open Porch/Lanai, Screened Lanai/Porch, Storage, Tennis Court(s)
  • View: Bay, Partial Gulf
Interior, Heating and Cooling
  • Interior Features: Built-In Cabinets, Smoke Detectors, Tray Ceiling(s)
  • Equipment / Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
  • Heating Description: Central Electric
  • Cooling Description: Ceiling Fan(s), Central Electric
Building and Construction
  • Floor Description: Carpet, Tile
  • Windows/Treatment: No info
  • Construction Type: No info
  • Year Built: 1982
  • Style: Contemporary, High Rise (8+)
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Pets Allowed: Limits
    Taxes, Fees & More
    • Maintenance Includes: Cable, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Street Lights, Trash Removal, Water, Master Assn. Fee Included, Pest Control Exterior, Rec Facilities, Repairs, Reserve, Sewer
    • Taxes: 269.94
    • Security Information: Smoke Detector(s)
    • Parking Description: Common, Guest, Under Bldg Open
    • Total Floors in Building: 12
    • Total Units in Building: 54

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    Price History

    Current
    $269K
    High
    $330K
    Low
    $269K
    Total Change
    -18.5%
    $337K$300K$262KNov 25Jan 26Jan 26Jan 26Feb 26
    Date
    Event
    Price
    Change
    Price Per
    02/17/2026
    Sold
    $269K
    0%
    $231 ft2
    $2,481 m2
    01/13/2026
    Price Reduced
    $269K
    -2.54%
    $231 ft2
    $2,481 m2
    01/13/2026
    Price Reduced
    $276K
    -6.44%
    $237 ft2
    $2,546 m2
    01/02/2026
    Price Reduced
    $295K
    -10.61%
    $253 ft2
    $2,721 m2
    11/25/2025
    Listed
    $330K
     
    $283 ft2
    $3,044 m2
    02/17/2026
    $269K
    Event
    Sold
    Change
    0%
    Price Per
    $231 ft2
    $2,481 m2
    01/13/2026
    $269K
    Event
    Price Reduced
    Change
    -2.54%
    Price Per
    $231 ft2
    $2,481 m2
    01/13/2026
    $276K
    Event
    Price Reduced
    Change
    -6.44%
    Price Per
    $237 ft2
    $2,546 m2
    01/02/2026
    $295K
    Event
    Price Reduced
    Change
    -10.61%
    Price Per
    $253 ft2
    $2,721 m2
    11/25/2025
    $330K
    Event
    Listed
    Price Per
    $283 ft2
    $3,044 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Kris Cardinale • John R. Wood Properties • Buyer Agency Compensation .

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    Community Snapshot
    2 – 2 BR
    Bedrooms
    $285K – $590K
    Price Tier
    1,126 - 1,397
    SqFt Range
    1982
    Year Build
    11
    Total Floors

    Subdivision Amenities

    Barbecue
    Bike And Jog Path
    Bike Storage
    Cabana
    Car Wash Area
    Dog Park
    Fish Cleaning Station
    Fishing Pier
    Internet Access
    Park
    Pickleball
    Play Area
    Pool
    See Remarks
    Shuffleboard Court
    Sidewalk
    Spa/Hot Tub
    Storage
    Streetlight
    Tennis Court(s)
    Trash Chute
    Underground Utility
    Barbecue
    Bike Storage

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