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.
Lot/land
$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
- 61 days
- 77
- 2
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#: 226025627
Originating 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
| Date | Event | Price |
|---|---|---|
| 5/2/2026 | Price change | $1,799,500-1.4% |
Source: | ||
| 4/10/2026 | Price change | $1,824,500-1.4% |
Source: | ||
| 1/10/2026 | Price change | $1,849,500-5.1% |
Source: | ||
| 5/2/2025 | Price change | $1,949,500-2.5% |
Source: | ||
| 12/8/2024 | Listed for sale | $1,999,000 |
Source: | ||
| 12/4/2024 | Listing removed | $1,999,000 |
Source: | ||
| 10/15/2024 | Price change | $1,999,000-13% |
Source: | ||
| 9/26/2024 | Price change | $2,299,000-4.2% |
Source: | ||
| 6/11/2024 | Listed for sale | $2,399,000+37.1% |
Source: | ||
| 12/13/2023 | Sold | $1,750,000-5.4% |
Source: | ||
| 11/14/2023 | Pending sale | $1,850,000 |
Source: | ||
| 11/14/2023 | Price change | $1,850,000-0.5% |
Source: | ||
| 6/26/2023 | Listed for sale | $1,859,000+44.5% |
Source: | ||
| 1/19/2023 | Sold | $1,286,402 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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








