$550,000
1 Bed Waterfront Home for Sale in Gateway Villas
500 Estero Boulevard 695, Fort Myers Beach, FL, 33931
About this home
1 bed/ 1 bath DIRECT GULF FRONT Condo with a combination of a great northend beach location, popular floorplan, favorable rental rules, and owners are allowed pets. Gateway Villas on the northend of Fort Myers Beach is a popular building with a gated entrance to the parking lot, tons of parking, and secure lobby entrance. INVESTORS - the building allows 7 days minimun rentals. Sold furnished/ turnkey with a coastal beach vibe. New IMPACT sliders; brand new air conditioner; and brand new water heater. This unit will make a great personal residence or provide a sizable investment income. The building has 46 units over 8 floors. The building feels brand new with new waterproof electirical room, refurbished pool area, new elevators (2 elevators), new roof (2023), and new landscaping. Maintenance fees of $935 per month include internet, unit water, building insurance and professional mgmt, and an on site maintenance manager. ALL ASSESSMENTS PAID. Showings need to work around current tenant bookings - Currently rented most of May 2026, all of June, most of Sept and Oct, and all of Jan- March 2027!! Rental history in confidentials.
Property details
- Type
- Condominium
- Year built
- 1979
- Interior
- 631 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 111
- Total association fees
- $11,220/yr (~$935/mo)
- CDD
- None
- Est. taxes (1.4%)
- $7,700/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- Southwest
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — Gulf frontage
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Call, Conditional
- 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.
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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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 |
|---|---|---|---|---|---|
| 100 Estero Boulevard 434 | Nov 2025 | $476,000 | 1/1 | 647 | $736 |
| Average | 1 comps | $476,000 | $736 |
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 $79,000 (13.2%) from the original list price.
| Aug 25, 2026 | Sold | $520,000 |
| Apr 18, 2026 | Price reducedfrom $599,000 | $550,000 |
| Mar 28, 2026 | Listed | $599,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Built 1979 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- No garage listed
- Higher association fees (~$11,220/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.