$574,000
2 Bed SingleFamilyResidence Sold in Hills T.P.
243 Pearl Street, Fort Myers Beach, FL, 33931
About this home
Old Florida 1950s elevated bungalow w/ attached inlaw flat and a separate workshop located in a WEEKLY RENTAL zone with a small marina and park at the end of the street! New Metal Roof 2019, HVAC new 2022, New Electric Panel 2022, Interior remodel 2023 including all new appliances and washer/dryer. Close to all the action yet not too close! Would make a great getaway or income producing rental or start fresh and build new in a prime location to maximize your return on your investment! Just 125 yards to the bay front park and Island Bay marina which offers 24 slips for rent (no commercial and limits on live aboards) or just .2 miles to the beach/trolley stop .7 miles to Margaritaville & 1.2 miles to Times Sq/Restaurants and more!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1951
- Interior
- 1,140 sqft
- Lot size
- 4,051.08 sqft
- Acreage
- 0.09 acres
- Garage
- None
- Days on market
- 218
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $8,036/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
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 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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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 |
|---|---|---|---|---|---|
| 345 Mango Street 404 | Oct 2025 | $560,000 | 2/2 | 1,110 | $505 |
| 345 Mango Street 405 | May 2026 | $435,000 | 2/2 | 1,158 | $376 |
| 4 Galleon Way | Jun 2026 | $440,000 | 2/2 | 1,176 | $374 |
| Average | 3 comps | $478,333 | $418 |
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 $129,000 (19.9%) from the original list price.
| Dec 1, 2025 | Sold | $520,000 |
| Oct 5, 2025 | Price reducedfrom $576,000 | $574,000 |
| Mar 11, 2025 | Listed | $649,000 |
The good, the trade-offs & the location
- Built 1951 — 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
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.