$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
StyleHouse
HOA Dues$20,892
Sub-TypeResale
StatusActive
Year2004
Days On Site202
Listing Provided ByText Me Realty | Rachel Danzi

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet880
PoolYes
Story(s)1
Units12
ZoningCPD
Acreage0.07
Water FrontYes
Property ViewYes

Interior

Rooms Total0
Cooling Yes / NoYes
CoolingCeiling Fan(s), Central Electric
Heating Yes / NoYes
HeatingCentral Electric
Interior FeaturesBuilt-In Cabinets, Fire Sprinkler, Smoke Detectors, Window Coverings
Window FeaturesWindow Coverings
FurnishedTurnkey
AppliancesElectric Cooktop, Dryer, Microwave, Refrigerator/Freezer, Washer
Fireplace Yes / NoNo
Laundry FeaturesWasher/Dryer Hookup, Laundry in Residence
Room Dining Room FeaturesDining - Living

Exterior

Exterior FeaturesScreened Balcony, Screened Lanai/Porch, Storage
RoofBuilt-Up
Security FeaturesFire Sprinkler System, Smoke Detector(s)
Construction MaterialsConcrete Block, Stucco
Foundation DetailsConcrete Block
Lot FeaturesAcross From Beach Access, Across From Waterfront

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo
Parking FeaturesCommon

Location

Community FeaturesPool

Taxes

Tax Annual Amount4266
Tax Block3501
Tax Legal DescriptionCORNERSTONE BEACH RESORT DESC IN OR 4256 PG 2256 BLDG 1 UNIT 103
Tax Year2025

Area Information

StateFL
CountyLee
CityFORT MYERS BEACH
Zip Code33931
AreaCORNERSTONE
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:
202
low | high
Med:
202
100% of Average
Sourced by Back At You

Market Activity 33931

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Learn More About This Property

StateFL
CountyLee
CityFORT MYERS BEACH
Zip Code33931
AreaCORNERSTONE
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:
202
low | high
Med:
202
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $520K - $867K
sqft: 660 - 1,000
Nearby Listings Property ImageNearby Listings Details
5431 Oak Ridge AVE Property Photo 1
$545,000
5431 Oak Ridge Ave
Fort Myers Beach, FL 33931
Listing Updated: September 4, 2026 at 11:53:49 AM PDT