Yes, there are short sale properties available on Sanibel Island.

There are currently 10 houses and 4 Condos that are Short Sales being actively marketed on Sanibel Island at this time.  There may be more however these are the active one.  There is one multi-family house and 9 single family houses ranging from $350,000 to $3,295,000. 

There are 4 - short sale condos that are being actively marketed, all two bedroom, two bath units ranging from $219,000 to $744,900. 

If you have been waiting for "a deal" on Sanibel Island, now may be your time to buy!