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Offered at $694,000Active
beds
2
baths
2
sq ft
880
Built
2004

5480 Estero Boulevard #103

Fort Myers Beach, FL 33931

About this home

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.

Listing last checked: Listing updated:

Listed by Rachel Danzi · Text Me Realty · MLS #2026009307

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Details at a glance

Interior4 property facts
Rooms
0
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Vinyl
Building4 property facts
Style
Condominium
Year built
2004
Garage
0
Roof
Built-Up, Flat
Land & utilities4 property facts
Lot size
0.0744 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Financial3 property facts
Annual taxes
$4,266
Assessment year
2025
HOA fee
$1,741 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $694,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,865 / monthAdjust
Principal & interest
$3,509
Property tax
$356
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,266. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $1,741. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $379,900 · Sold $315,000 · Feb 10, 2012

  2. Sld

    $645,000 · Sold $638,500 · Jan 23, 2006

  3. Sld

    $600,000 · Sold $580,000 · Feb 6, 2004

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About 5480 Estero Boulevard #103

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Request a tour of 5480 Estero Boulevard #103 and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.