$694,000
 $3,726 est/mo Sourced by Back At You

5480 Estero Blvd 103,Fort Myers Beach, FL 33931

Fort Myers Beach, FL 33931

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Description

Discover the effortless beauty of coastal living in this direct Gulf-front 2-bedroom, 2-bath residence, perfectly positioned on the elevated first floor - offering an exceptional balance of privacy, security, and breathtaking panoramic views while remaining just steps from the sand. From the moment you arrive, the Gulf becomes the backdrop to everyday life. Morning coffee is accompanied by the soothing rhythm of waves, salty coastal breezes, and endless horizon views stretching toward Sanibel and Captiva. Evenings deliver the iconic Fort Myers Beach sunsets - vibrant skies reflecting across the water just beyond your door. The thoughtfully designed layout offers comfortable living spaces, spacious bedrooms with private baths, and an open gathering area ideal for relaxing after sun-filled beach days. The elevated position provides additional peace of mind while still allowing effortless access to the shoreline. Designed for both personal enjoyment and investment performance, this hotel-condo residence permits short-term rentals with a 3-day minimum and offers onsite management services, creating a truly turnkey ownership experience with strong income potential and minimal owner involvement. Prior to Hurricane Ian, the property generated approximately $80,000 in annual rental income, demonstrating its proven earning capability. With beachfront inventory continuing to tighten and redevelopment transforming Fort Myers Beach, opportunities to secure Gulf-front ownership at this price point are becoming increasingly rare. This is the lifestyle everyone comes to the island for. This is more than a property - it's an opportunity.

Details

MLS #2026009307
Listing TypeFor Sale
StyleCondominium
HOA Dues$1,741
Sub-TypeResale
StatusActive
Year2004
Days On Site231
Listing Provided ByText Me Realty | Rachel Danzi

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet880
PoolYes
Story(s)1
ZoningCPD
Acreage0.07
Water FrontYes
Property ViewYes

Parking

Garage Yes / NoNo
Parking FeaturesCommon

Taxes

Tax Annual Amount4266

Location

Community FeaturesCondo Hotel Community, Elevator, Near Hotel Motel

Area Information

StateFL
CountyLee
CityFort Myers Beach
Zip Code33931
AreaFB04 Avenida Pescadora to S.Bd
Community NameCORNERSTONE
Listing VS Median (in CORNERSTONE)
Price:
$694,000
low | high
Med:
$694,000
50% of Average
sqft:
880
low | high
Med:
880
50% of Average
$ / sqft:
$789
low | high
Med:
$789
50% of Average
On site:
231
low | high
Med:
231
100% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyLee
CityFort Myers Beach
Zip Code33931
AreaFB04 Avenida Pescadora to S.Bd
Community NameCORNERSTONE
Listing VS Median (in CORNERSTONE)
Price:
$694,000
low | high
Med:
$694,000
50% of Average
sqft:
880
low | high
Med:
880
50% of Average
$ / sqft:
$789
low | high
Med:
$789
50% of Average
On site:
231
low | high
Med:
231
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 2:04:47 AM PDT