$550,000
1 Bed Pool Home for Sale in Cornerstone, FL, $550,000
5480 Estero Boulevard 401, Fort Myers Beach, FL, 33931
About this home
BEST GULF FRONT DEAL on the Island! Experience the ultimate coastal lifestyle in this DIRECT BEACHFRONT Gulf-front PENTHOUSE—a true gem perched above Florida’s premier shoreline. Nestled in the heart of paradise, this exceptional condo captures panoramic ocean views and unforgettable sunsets that paint the sky each evening. Enjoy effortless access to local favorites like fishing charters and pirate cruises, or simply spend your days soaking up the sun and salty breeze before retreating to the soothing sound of waves just beyond your door. End each day with a nightcap on the pristine white sands, gazing at the stars shimmering over Sanibel. Cornerstone occupancy available NOW! With over $40K in rental income already booked, this property offers both luxury and lucrative potential. Don’t miss your chance to own a slice of heaven on Fort Myers Beach — text me today and start generating income from your own Gulf-front retreat. Note: Photos are virtually staged; however, the unit has since been fully furnished.
Property details
- Type
- Condominium
- Year built
- 2004
- Interior
- 625 sqft
- Lot size
- 3,240.864 sqft
- Acreage
- 0.07 acres
- Garage
- None
- Days on market
- 95
- Total association fees
- $20,892/yr (~$1,741/mo)
- CDD
- None
- Est. taxes (1.4%)
- $7,700/yr
- Flood zone (area est.)
- Yes · High risk (VE)
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — Gulf frontage
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- No
- County
- Lee
Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges — mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees — which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.
Maintenance included in the fee
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Your notes on this home
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 5100 Estero Boulevard 6B2 | Feb 2026 | $450,000 | 2/2 | 792 | $568 |
| 5100 Estero Boulevard 6B3 | Jun 2026 | $450,000 | 2/2 | 792 | $568 |
| 7330 Estero Boulevard PH4 | Jun 2026 | $475,000 | 1/1 | 517 | $919 |
| 7330 Estero Boulevard 502 | Apr 2026 | $425,000 | 1/1 | 517 | $822 |
| 7300 Estero Boulevard 705 | Jun 2026 | $474,000 | 1/1 | 517 | $917 |
| Average | 5 comps | $454,800 | $759 |
Market trends — Fort Myers Beach
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $70,000 (12.7%) from the original list price.
| Mar 2, 2026 | Sold | $480,000 |
| Jan 12, 2026 | Back on market | |
| Oct 31, 2025 | Listed | $550,000 |
The good, the trade-offs & the location
- Built 2004 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- In a higher-risk flood zone (VE) — flood insurance likely required
- No garage listed
- Higher association fees (~$20,892/yr)
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.