2 Bed Waterfront Home for Sale in Smugglers Cove Condo, FL
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SoldMLS# 225078906

$485,000

2 Bed Waterfront Home for Sale in Smugglers Cove Condo, FL

5100 Estero Boulevard 6B2, Fort Myers Beach, FL, 33931

2 beds2 baths792 sqft
GatedBeach AccessCommunity PoolBoatingWaterfront

About this home

DIRECT BEACHFRONT, WEEKLY RENTAL WITH SPECIAL ASSESSMENT PAID OFF. Experience the ultimate beachfront lifestyle at Smuggler’s Cove, one of Fort Myers Beach’s most desirable weekly rental communities. This 6th-floor condo offers panoramic Gulf views and a private lanai. The $125,000 assessment has been fully paid, and the owner also prepaid for a $4,000 lighting package. The building has been completely rebuilt with a new, reinforced roof rated to a higher wind standard, impact glass, and upgraded structural supports designed for enhanced durability. The unit is ready for final finishes. Buyer can purchase this unit at drywall stage, select materials and make it their own coastal retreat. Enjoy direct beach access to miles of pristine white sand and turquoise Gulf waters. Take advantage of the on-site rental office for effortless income potential from weekly rentals. This particular unit comes with a designated, coveted underbuilding parking space. This is an opportunity to buy before final renovations are complete. There is a local lender who is able to potentially lend on these units-- we are happy to provide an introduction.

Property details

Type
Condominium
Year built
1978
Interior
792 sqft
Lot size
6,403.32 sqft
Acreage
0.15 acres
Garage
None
Days on market
84
Total association fees
$10,592/yr (~$883/mo)
CDD
None
Est. taxes (1.4%)
$6,790/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
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
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

AssociationManagementInsuranceIrrigationWaterPestControlReserveFundSewerWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BeachRightsBeachAccessLaundryPoolShuffleboardCourt

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.

Above marketThis home is priced above comparable recent sales.
This home
$612/sqft
Comp median
$548/sqft
Difference
+12%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
5100 Estero Boulevard 6B3Jun 2026$450,0002/2792$568
5480 Estero Boulevard 401Mar 2026$480,0001/1625$768
6899 Estero Boulevard 254Jul 2026$385,0002/2854$451
6895 Estero Boulevard 551Mar 2026$400,0002/2832$481
7400 Estero Boulevard 125Feb 2026$510,0002/2930$548
Average5 comps$445,000$563

Market trends — Smugglers Cove

Median list
$975,000
Median $/sqft
$759
Median sold (90d)
$675,625
Avg days on market
184
Active listings
37
Median sold price · Smugglers Cove
$675,625last 3 monthsnot enough sold data to compare

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $89,000 (16.5%) from the original list price.

Feb 20, 2026Sold$450,000
Dec 14, 2025Price reducedfrom $519,000$485,000
Nov 9, 2025Listed$539,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1978 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (VE) — flood insurance likely required
  • No garage listed
  • Higher association fees (~$10,592/yr)
Location convenienceHigh
Hospital
6.5 mi
HealthPark Medical Center
Beach
2.4 mi
Fort Myers Beach
Airport
11.1 mi
Page Field (Fort Myers)
Shopping
7.2 mi
Coconut Point (Estero)

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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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.