$400,000

About this home

NOW OPEN AND READY TO GENERATE IMMEDIATE RENTAL INCOME! The rental policy has become even more "investor-friendly," now allowing a "4-day minimum" rental period from May through October and a 7-day minimum from November through April—creating increased booking flexibility, higher occupancy potential, and outstanding income-producing opportunities throughout the year. An incredibly rare opportunity exists to purchase two adjoining beachfront condominiums in the highly sought-after Pointe South community. Condo #202 (MLS# 225048667) and Condo #203 (MLS# 2025005080) are being offered separately, yet together provide a truly unique investment opportunity. Market both units to larger families, wedding parties, reunions, corporate groups, or multiple families traveling together who desire the convenience of staying side-by-side while enjoying the privacy of separate accommodations. With a combined 4 bedrooms, the income potential and marketing possibilities are exceptional. Wake each morning to breathtaking panoramic views of the Gulf of America from this beautifully maintained 2-bedroom, 1.5-bath beachfront condominium. The light-filled interior offers an inviting coastal atmosphere with an open-concept floor plan, a spacious kitchen, generous bedrooms, and abundant storage. Step onto your private Gulf-front lanai, protected by newer 2024 electric hurricane shutters, and enjoy spectacular sunsets, gentle sea breezes, and the soothing sound of waves rolling onto the sugar-white sand. Pointe South continues to be one of the area's most desirable vacation destinations thanks to its direct beach access, tropical setting, and unbeatable location. Guests return year after year to enjoy the pristine shoreline, turquoise waters, and proximity to Publix, marinas, restaurants, shopping, entertainment, and all that Fort Myers Beach has to offer. Whether you're searching for a personal beachfront escape, a proven vacation rental, or both, this property checks every box. With the building fully operational, a significantly enhanced rental policy designed to maximize occupancy, and the rare opportunity to own one or both adjoining condominiums, this is an exceptional beachfront investment with tremendous rental income potential and long-term value.

Property details

Type

Condominium

Year built

1976

Interior

742 sqft

Lot size

5,967.72 sqft

Acreage

0.14 acres

Garage

None

Days on market

415

Total association fees

$14,000/yr (~$1,167/mo)

CDD

None

Est. taxes (1.4%)

$5,600/yr

Flood zone (area est.)

Yes · High risk (VE)

Storm protection

None listed

Exposure

West

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

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.

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.

Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

Price & status history

Down $299,000 (42.8%) from the original list price.

The good, the trade-offs & the location

Nearby schools

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