We just got back from a condo in Sanibel's Coquina Beach complex. It was beautiful!! It was completely redecorated with a beautiful beach house theme, granite counters and more. It was spacious. I was worried that it didn't face the beach, but the savings were worth it. It was a quick few steps to the beach and it did overlook the pool which was only noisy during the day.
If you're looking for a good location, beautiful condo and affordable price check out this condo, 3F. You can contact them through Royal Shell Vacations or email me for info! Don't go at Red Tide though!! That was the only disappointment in our trip.