Amazing investment opportunity, 2 bedroom, 2 bath, 5th floor unit at Smuggler's Cove. Owners have voted to rebuild. Take advantage of this chance to complete a beach front condo. The units have been gutted and remediated and the association will soon begin putting the units back together. Owners will get to remodel their personal unit as they choose, breakdown available of association and owner responsibility of renovations. This is your opportunity to purchase before renovations are started and create your own beachfront vacation destination. Once completed, Smugglers Cove will once again offer a spectacular beachfront lifestyle. Prime mid-island location. Huge rental income potential, as the property allows weekly rentals, including on-site property management available. Walk to grocery store, restaurants, and marina. Stunning sunset views from your private screened lanai.
Closed
$422,000
5100 Estero Blvd #5B2, Fort Myers Beach, FL 33931
2beds
792sqft
Condominium
Built in 1978
-- sqft lot
$478,500 Zestimate®
$533/sqft
$2,146 Estimated rent
Home value
$478,500
$412,000 - $555,000
$2,146/mo
Zestimate® history
Owner options
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$2,146/mo
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$2,791/mo
Est. payment
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$2,791/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Michelle D'Amico 239-357-7772,
Berkshire Hathaway Florida
Bought with:
Trish Kelly, 734506917
John R. Wood Properties
Source: Florida Gulf Coast MLS,MLS#: 223063078
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Great Room
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Family/Dining Room, Living/Dining Room, None, Other, Great Room
- Flooring: Concrete
- Windows: Single Hung, Shutters
Interior area
- Total structure area: 792
- Total interior livable area: 792 sqft
Property
Features
- Patio & porch: Balcony, Screened
- Exterior features: None
- Pool features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Beach Front, Gulf
Lot
- Size: 6,390 Square Feet
- Features: Zero Lot Line
Details
- Parcel number: 284624W402105.0B20
- Lease amount: $0
Construction
Type & style
- Home type: Condo
- Architectural style: See Remarks,Mid Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Block, Concrete, Stucco
- Roof: Built-Up,Flat
Condition
- Known Damage
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Elevator, Non-Gated
- Condo and coop fee: $1,993 quarterly
- Membership fee: $0
- Subdivision: SMUGGLERS COVE CONDO
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Beach Access, Pool
- Services included: Cable TV, Insurance, Irrigation Water, Pest Control
- HOA phone: 239-671-9408
Location
- Region: Fort Myers Beach
Financial & listing details
- Price per square foot: $533/sqft
- Tax assessed value: $128,978
- Annual tax amount: $6,727
- Date on market: 8/30/2023
- Cumulative days on market: 263 days
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2024 | Sold | $422,000-18.8%$533/sqft |
Source:  Florida Gulf Coast MLS #223063078 Report a problem | ||
| 4/29/2024 | Pending sale | $519,900$656/sqft |
Source:  SWFLMLS #223063078 Report a problem | ||
| 8/31/2023 | Listed for sale | $519,900$656/sqft |
Source:  Florida Gulf Coast MLS #223063078 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,751 +9.6% | $128,978 +16.6% |
| 2024 | $1,597 +13.7% | $110,622 +10% |
| 2023 | $1,405 -79.1% | $100,565 -77.6% |
| 2022 | $6,727 +14.2% | $448,633 +10% |
| 2021 | $5,889 -6.5% | $407,848 -4.2% |
| 2020 | $6,301 +3.2% | $425,553 +3.9% |
| 2019 | $6,106 | $409,403 -0.2% |
| 2018 | $6,106 +1.1% | $410,210 +0.6% |
| 2017 | $6,041 -1.5% | $407,788 -4.8% |
| 2016 | $6,134 -1.6% | $428,549 +20.4% |
| 2015 | $6,234 +12.4% | $355,845 +9.4% |
| 2014 | $5,545 +8.4% | $325,200 +3.7% |
| 2013 | $5,115 +9% | $313,500 -1% |
| 2012 | $4,693 +17.3% | $316,800 +31% |
| 2011 | $3,999 -21.2% | $241,900 -18.5% |
| 2010 | $5,073 -7.7% | $296,700 -12.5% |
| 2009 | $5,494 -8.5% | $339,170 -15% |
| 2008 | $6,002 -4.6% | $399,000 -5% |
| 2007 | $6,288 -12.5% | $420,000 -6% |
| 2006 | $7,187 +23.3% | $447,000 +38.8% |
| 2004 | $5,831 +6% | $322,000 +9.2% |
| 2003 | $5,500 +3.2% | $295,000 +5.4% |
| 2002 | $5,332 | $280,000 +41.4% |
| 2000 | -- | $198,000 |
Find assessor info on the county website
Neighborhood: 33931
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Nearby schools
GreatSchools rating
- 7/10Fort Myers Beach Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 4/10Lexington Middle SchoolGrades: 6-8Distance: 4.4 mi
- 5/10Cypress Lake High SchoolGrades: 9-12Distance: 7.5 mi
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- Florida
- Lee County
- Fort Myers Beach
- 33931
- 5100 Estero Blvd Unit 5B2
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