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Lot/land
    • Price cut: $25K (5/2)
    $1,799,500

    470 Madison CT, FORT MYERS BEACH, FL 33931

    --beds
    --baths
    10,105Square Feet
    Unimproved Land
    Built in ----
    10,105 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    One or more photo(s) has been virtually staged, AI generated or rendered. BOATER’S BAYFRONT PARADISE | BUILD YOUR WATERFRONT LEGACY Discover one of Fort Myers Beach’s most exceptional waterfront opportunities. Situated on an oversized .23-acre (10,106± sq. ft.) homesite, this rare Bayfront & Canal Front property offers panoramic Intracoastal Waterway views, Gulf access, and the flexibility of dual dock placements along the wraparound canal and bay frontage. Unlike many waterfront lots, this property offers the opportunity to build on roughly 5,780 sq. ft. buildable footprint after setbacks, creating the potential for an extraordinary custom estate with expansive indoor and outdoor living spaces designed to capture breathtaking bay views. Preliminary builder concepts envision a grand luxury residence with soaring ceilings, dramatic walls of glass, elevated construction, and spectacular waterfront entertaining areas. Imagine sunrise coffee overlooking the bay, afternoons cruising to the Gulf, and evenings entertaining family and friends while watching boats pass by from your own backyard. Boaters will appreciate the direct Gulf access and an unbeatable location just 5 minutes by boat to the Fort Myers Beach Pier District, where waterfront restaurants, marinas, shopping, nightlife, and entertainment await. Walk or bike to the sugar-white sand beaches, enjoy world-class fishing, island hopping, paddleboarding, waterfront dining, and everything that makes Fort Myers Beach one of Southwest Florida’s most desirable waterfront destinations. Whether your vision is a modern coastal masterpiece, an elegant island retreat, or an iconic legacy estate, 470 Madison Court offers one of the most exciting waterfront building opportunities available on Fort Myers Beach. Whether your vision is a modern coastal masterpiece, an elegant island retreat, or an iconic legacy estate, 470 Madison Court offers one of the most exciting waterfront building opportunities available on Fort Myers Beach.
    8 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    J Alex King 239-849-3663,

    Premiere Plus Realty Company,

    Rita Murray 630-417-7892,

    Premiere Plus Realty Company

    Source: SWFLMLS,MLS#: 226025627MLS LogoOriginating MLS: Bonita Springs

      Facts & features

      Interior

      Features
      • Has fireplace: No

      Property

      Features
      • Exterior features: Boat Slip, Dock
      • Has view: Yes
      • View description: Bay, Canal, Partial Bay, Water
      • Has water view: Yes
      • Water view: Bay,Canal,Water
      • Waterfront features: Bay, Canal Front, Intersecting Canal, Navigable Water
      • Frontage type: Bay/Harbor
      Lot
      • Size: 10,105 Square Feet
      • Features: Irregular Lot, Oversize
      Details
      • Parcel number: 204624W40110D.0200
      • Zoning: RS-1

      Utilities & green energy

      • Water: Central
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Boating, Non-Gated
      • Subdivision: SHELL MOUND PARK
      HOA
      • Has HOA: No
      • Amenities included: Beach Access
      Location
      • Region: Fort Myers Beach

      Financial & listing details

      • Tax assessed value: $1,816,288
      • Annual tax amount: $16,734
      • Date on market: 7/11/2026
      • Lease term: Buyer Finance/Cash
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/2/2026Price change$1,799,500-1.4%
        Source: SWFLMLS #225085037 Report a problem
        4/10/2026Price change$1,824,500-1.4%
        Source: SWFLMLS #225085037 Report a problem
        1/10/2026Price change$1,849,500-5.1%
        Source: SWFLMLS #225085037 Report a problem
        5/2/2025Price change$1,949,500-2.5%
        Source: SWFLMLS #224098854 Report a problem
        12/8/2024Listed for sale$1,999,000
        Source: SWFLMLS #224098854 Report a problem
        12/4/2024Listing removed$1,999,000
        Source: SWFLMLS #224049485 Report a problem
        10/15/2024Price change$1,999,000-13%
        Source: SWFLMLS #224049485 Report a problem
        9/26/2024Price change$2,299,000-4.2%
        Source: SWFLMLS #224049485 Report a problem
        6/11/2024Listed for sale$2,399,000+37.1%
        Source: SWFLMLS #224049485 Report a problem
        12/13/2023Sold$1,750,000-5.4%
        Source: Florida Gulf Coast MLS #223083995 Report a problem
        11/14/2023Pending sale$1,850,000
        Source: Florida Gulf Coast MLS #223083995 Report a problem
        11/14/2023Price change$1,850,000-0.5%
        Source: Florida Gulf Coast MLS #223083995 Report a problem
        6/26/2023Listed for sale$1,859,000+44.5%
        Source: Florida Gulf Coast MLS #223045239 Report a problem
        1/19/2023Sold$1,286,402
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$22,687 +16%$1,605,373 +10%
        2024$19,558 +16.9%$1,459,430 +47%
        2023$16,734 +11.6%$993,098 +10%
        2022$14,998 +21.3%$902,816 +10%
        2021$12,363 +9.9%$820,742 +10%
        2020$11,245 +3%$746,129 +3.7%
        2019$10,918 $719,481 +2.5%
        2018$10,918 +3.8%$701,713 +0.9%
        2017$10,520 -0.9%$695,258 +4.6%
        2016$10,614 +5.6%$664,780 +5.8%
        2015$10,049 +5.6%$628,305 +13.7%
        2014$9,516 +10.3%$552,604 +16.9%
        2013$8,624 +4.5%$472,905 -5.4%
        2012$8,252 -16.9%$499,862 -15.5%
        2011$9,933 -2.3%$591,316 +1%
        2010$10,172 -5.9%$585,248 -10.9%
        2009$10,812 -6.5%$656,840 -13.2%
        2008$11,565 +0.4%$756,900 +0%
        2007$11,514 -7.7%$756,870 -0.9%
        2006$12,472 -0.7%$763,900 +11.5%
        2004$12,557 +19.8%$685,180 +24%
        2003$10,481 +44.2%$552,480 +48.2%
        2002$7,270 $372,750 +42.5%
        2000-- $261,630
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 33931

        Getting around

        14 / 100
        Car-Dependent
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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