- beds
- 2
- baths
- 2
- sq ft
- 880
- Built
- 2004
5480 Estero Boulevard #103
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
- Sld
$379,900 · Sold $315,000 · Feb 10, 2012
- Sld
$645,000 · Sold $638,500 · Jan 23, 2006
- Sld
$600,000 · Sold $580,000 · Feb 6, 2004
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About 5480 Estero Boulevard #103
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