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Active
    • $499,000

    5000 Estero Blvd #203, Fort Myers Beach, FL 33931

    2beds
    742sqft
    : 
    $4,417/mo
    Get pre-qualified
    Condominium
    Built in 1976
    -- sqft lot
    $475,200 Zestimate®
    $673/sqft
    $1,167/mo HOA

    What's special

    Direct beach accessTropical settingBright open floor planSpectacular sunsetsPrivate gulf-front lanai
    NOW OPEN AND READY TO GENERATE IMMEDIATE RENTAL INCOME! Even better, the rental policy has become even more ""investor-friendly,"" allowing a "4-day minimum rental period" from May through October and a 7-day minimum from November through April—creating substantially more booking opportunities and maximizing annual rental income potential. An incredibly rare opportunity awaits with two adjacent condominiums available for purchase. Condo #202 (MLS# 225048667) and Condo #203 (MLS# 2025005080) are being offered separately, yet together create an unmatched investment opportunity. Imagine the marketing advantage of offering side-by-side accommodations for larger families, wedding parties, reunions, corporate retreats, or groups traveling together—providing 4 bedrooms across two neighboring units while maintaining the privacy guests appreciate. Opportunities like this are extraordinarily uncommon and offer tremendous upside in today's vacation rental market. Inside, this beautifully updated 2-bedroom, 1.5-bath beachfront condominium features a newer kitchen installed after Hurricane Ian, creating a stunning focal point for entertaining after a day at the beach. The bright, open floor plan flows effortlessly to the private Gulf-front lanai, where breathtaking panoramic views of the Gulf of America and spectacular sunsets become part of everyday life. Whether you're seeking a personal beachfront retreat, a high-performing vacation rental, or the perfect combination of both, Pointe South delivers. Guests return year after year for its direct beach access, tropical setting, and unbeatable location just steps from the sugar-white sands. Conveniently located near Publix, marinas, restaurants, entertainment, shopping, and Times Square, owners and guests alike enjoy everything Fort Myers Beach has to offer within minutes. With the building fully operational, an enhanced rental policy designed to increase occupancy, and the rare opportunity to own two adjoining beachfront condominiums, this is a true investment opportunity with exceptional income potential and endless possibilities.
    346 days
    |
    324
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    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Cochrane 239-297-3500,

    Royal Shell Real Estate, Inc.

    Source: Florida Gulf Coast MLS,MLS#: 2025005080MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Screened Porch
      Heating
      • Central, Electric
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker
      • Laundry: Common Area
      Features
      • Breakfast Bar, Living/Dining Room, Shower Only, Separate Shower, Cable TV, Window Treatments, High Speed Internet, Split Bedrooms, Screened Porch
      • Flooring: Carpet, Tile
      • Windows: Single Hung, Sliding, Window Coverings
      • Furnished: Yes
      Interior area
      • Total structure area: 742
      • Total interior livable area: 742 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Common, Driveway, Guest, Paved
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Lanai, Porch, Screened
      • Exterior features: Storage, Shutters Electric
      • Pool features: Community
      • Has view: Yes
      • View description: Bay, Gulf, Landscaped, Partial
      • Has water view: Yes
      • Water view: Bay,Gulf
      • Waterfront features: Gulf
      Lot
      • Size: 5,967 Square Feet
      • Dimensions: 140 x 43 x 140 x 43
      • Features: Rectangular Lot
      Details
      • Parcel number: 284624W402000.2030
      • Lease amount: $0

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Traditional,Mid Rise
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Block, Concrete, Stucco
      • Foundation: Pillar/Post/Pier, Raised
      • Roof: Metal
      Condition
      • Resale
      • Year built: 1976

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Elevator, Non-Gated
      • Security: Smoke Detector(s)
      • Condo and coop fee: $3,500 quarterly
      • Membership fee: $0
      • Subdivision: POINTE SOUTH CONDO
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Rights, Beach Access, Bike Storage, Clubhouse, Laundry, Barbecue, Picnic Area, Pool, Shuffleboard Court, Storage
      • Services included: Association Management, Cable TV, Internet, Laundry, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Recreation Facilities, Reserve Fund, Sewer, Trash, Water
      • HOA phone: 239-789-6177
      Location
      • Region: Fort Myers Beach

      Financial & listing details

      • Price per square foot: $673/sqft
      • Tax assessed value: $209,684
      • Annual tax amount: $2,585
      • Date on market: 8/28/2025
      • Cumulative days on market: 347 days
      • Listing terms: All Financing Considered,Cash
      • Ownership: Condo
      • Road surface type: Paved

        Estimated market value

        $475,200

        $451,000 - $499,000

        $2,264/mo

        Price history

        DateEventPrice
        2/25/2026Price change$499,000-13.2%$673/sqft
        Source: Florida Gulf Coast MLS #2025005080 Report a problem
        11/12/2025Price change$574,900-4%$775/sqft
        Source: Florida Gulf Coast MLS #2025005080 Report a problem
        10/14/2025Price change$599,000-7.7%$807/sqft
        Source: Florida Gulf Coast MLS #2025005080 Report a problem
        8/29/2025Listed for sale$649,000+27.3%$875/sqft
        Source: Florida Gulf Coast MLS #2025005080 Report a problem
        10/22/2020Sold$510,000+142.9%$687/sqft
        Source: Public Record Report a problem
        1/29/1998Sold$210,000$283/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,738 +5.9%$197,743 +10%
        2024$2,585 +13.7%$179,766 +10%
        2023$2,273 -65.6%$163,424 -62.9%
        2022$6,609 +14.2%$440,901 +10%
        2021$5,788 -1.2%$400,819 +1.3%
        2020$5,860 -5.3%$395,675 -4.7%
        2019$6,190 $415,055
        2018$6,190 +1.3%$415,055 -4.1%
        2017$6,112 -6.1%$432,820 +6.3%
        2016$6,510 +4.5%$407,087 -2.5%
        2015$6,228 -2.3%$417,375 +14.8%
        2014$6,373 +10.9%$363,500 +6.6%
        2013$5,747 +6.8%$340,973 -1.9%
        2012$5,380 +0.1%$347,400 -4.6%
        2011$5,375 +19.1%$364,000 +38%
        2010$4,512 -15.4%$263,800 -19.9%
        2009$5,333 -4.2%$329,160 -11%
        2008$5,567 -27.1%$370,000 -27.5%
        2007$7,632 +28.2%$510,000 +37.8%
        2006$5,952 -4.7%$370,000 +7.2%
        2004$6,246 +15.5%$345,000 +19%
        2003$5,407 +13.5%$290,000 +16%
        2002$4,762 $250,000 +25%
        2000-- $200,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: LEE COUNTY PUBLIC
        • Middle: LEE COUNTY PUBLIC
        • High: LEE COUNTY PUBLIC

        Source: Florida Gulf Coast MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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