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Active
    • $975,000

    197 Madison Ct, Fort Myers Beach, FL 33931

    2beds
    1,008sqft
    : 
    $6,289/mo
    Get pre-qualified
    Single Family Residence
    Built in 1992
    3,833 Square Feet Lot
    $-- Zestimate®
    $967/sqft
    $-- HOA

    What's special

    Modern updatesNew privacy fenceNew appliancesUpper-level screened porchBrand-new heated poolFully renovated coastal retreatNew hardie board siding
    Welcome to your fully renovated coastal retreat, perfectly suited as both a vacation home and an exceptional investment opportunity with a very strong rental history. This spacious property comfortably sleeps up to 12 guests and is located in a highly desirable *WEEKLY RENTAL* community with private beach access. Thoughtfully updated throughout, the home features a brand-new kitchen with quartz countertops, new appliances, and beautifully remodeled bathrooms with tiled walk-in showers and frameless glass doors. Additional living space on the lower level offers a versatile bonus room, while the upper-level screened porch and lower-level lanai provide inviting outdoor spaces to relax and entertain. Major improvements completed in 2025 include a brand-new heated pool, new Hardie board siding, a new privacy fence, and a new lower-level HVAC system. The pool equipment has been elevated to help protect against flooding, and both the pool equipment and HVAC are backed by 5-year manufacturer warranties. This property has a proven history of strong weekly rental income and is being offered with the opportunity to convey existing reservations. Whether you’re looking for a personal beach getaway or an income-producing property, this home offers the perfect combination of modern updates, coastal charm, and outstanding rental potential.
    23 days
    |
    401
    |
    21
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jorge Barrera 239-791-9893,

    Premiere Plus Realty Company

    Source: Florida Gulf Coast MLS,MLS#: 2026028238MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bathroom, Den
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer
      • Laundry: Inside
      Features
      • Breakfast Bar, Dual Sinks, Eat-in Kitchen, Kitchen Island, Shower Only, Separate Shower, Bathroom, Den
      • Flooring: Tile
      • Windows: Double Hung
      Interior area
      • Total structure area: 1,558
      • Total interior livable area: 1,008 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway, Paved, Two Spaces
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony, Patio, Screened
      • Exterior features: Fence, Outdoor Shower, Other, Patio
      • Has private pool: Yes
      • Pool features: Concrete, In Ground
      • Waterfront features: None
      Lot
      • Size: 3,833 Square Feet
      • Dimensions: 40 x 100 x 40 x 100
      • Features: Rectangular Lot
      Details
      • Parcel number: 294624W10020A.0050
      • Lease amount: $0
      • Zoning description: TFC2

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other,Two Story
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Wood Frame
      • Foundation: Raised
      • Roof: Metal,Shingle
      Condition
      • Resale
      • Year built: 1992

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, High Speed Internet Available

      Community & HOA

      Community
      • Features: Boat Facilities, None
      • Security: Smoke Detector(s)
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: EUCALYPTUS PARK
      HOA
      • Has HOA: No
      • Amenities included: Beach Rights, Beach Access
      • Services included: None
      Location
      • Region: Fort Myers Beach

      Financial & listing details

      • Price per square foot: $967/sqft
      • Tax assessed value: $542,471
      • Annual tax amount: $7,645
      • Date on market: 6/30/2026
      • Cumulative days on market: 24 days
      • Listing terms: All Financing Considered,Cash,FHA,VA Loan
      • Ownership: Single Family

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/1/2026Listed for sale$975,000+66.7%$967/sqft
        Source: Florida Gulf Coast MLS #2026028238 Report a problem
        4/20/2026Listing removed$19,514$19/sqft
        Source: Zillow Rentals Report a problem
        4/18/2026Listed for rent$19,514+888.1%$19/sqft
        Source: Zillow Rentals Report a problem
        8/20/2024Sold$585,000-7.7%$580/sqft
        Source: Florida Gulf Coast MLS #224054944 Report a problem
        7/22/2024Pending sale$634,000$629/sqft
        Source: SWFLMLS #224054944 Report a problem
        7/10/2024Price change$634,000-1.6%$629/sqft
        Source: SWFLMLS #224054944 Report a problem
        6/27/2024Listed for sale$644,500+134.4%$639/sqft
        Source: SWFLMLS #224054944 Report a problem
        4/6/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        3/22/2021Listed for rent$1,975$2/sqft
        Source: Zillow Rental Manager Report a problem
        3/5/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        2/19/2021Listed for rent$1,975$2/sqft
        Source: Zillow Rental Manager Report a problem
        7/22/2020Listing removed$1,975$2/sqft
        Source: Zillow Rental Manager Report a problem
        6/23/2020Listed for rent$1,975$2/sqft
        Source: Zillow Rental Manager Report a problem
        10/7/2003Sold$275,000$273/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,645 +57.7%$542,471 +43.5%
        2024$4,848 +40.6%$378,021 +41.1%
        2023$3,447 -28.9%$267,951 -24.8%
        2022$4,850 +0.8%$356,321
        2021$4,812 -0.7%--
        2020$4,848 +1.9%$341,167 +2.3%
        2019$4,756 $333,497 +1.5%
        2018$4,756 +3%$328,659 -1%
        2017$4,619 -2.9%$331,883 +1.7%
        2016$4,755 +146.6%$326,461 +16.4%
        2015$1,928 -0.4%$280,499 +16%
        2014$1,936 +0.4%$241,799 +4.9%
        2013$1,929 -3.9%$230,490 +43.8%
        2012$2,007 -4.9%$160,265 +10.4%
        2011$2,111 -4.5%$145,190 -0.9%
        2010$2,210 +2.5%$146,492 -2.2%
        2009$2,155 -22.7%$149,800 -47.3%
        2007$2,787 -4.6%$284,420 -15%
        2006$2,921 -1.3%$334,790 +92.3%
        2004$2,958 -14.8%$174,100 -0.8%
        2003$3,471 +10.1%$175,440 +12.6%
        2002$3,153 $155,770 +47.7%
        2000-- $105,430
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33931

        Getting around

        28 / 100
        Car-Dependent
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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