2 Bed Waterfront Home for Sale in Captains Bay South, FL
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SoldMLS# 2025022235

$399,900

2 Bed Waterfront Home for Sale in Captains Bay South, FL

22724 Island Pines Way 403, Fort Myers Beach, FL, 33931

2 beds2 baths1,073 sqft
GatedTennisBeach AccessCommunity PoolBoatingWaterfront

About this home

It's all about the breathtaking views from every room in this immaculate 4th floor end unit at Captain's Bay South ready for you or renters to enjoy now! Gulf views from your front lanai & Estero Bay views from the back! IMPACT GLASS SLIDERS on corner screened lanai offer spectacular views to the Bay overlooking the natural waterway and preserve to ensure your view is enjoyed for many years to come! This END UNIT is Bright and spacious offering a split 2 Bedroom/2 Full Bath open floor plan with 9 ft ceilings, full size laundry room with extra storage, NEW AC & HWH 2023, Roof new in 2018. Sought after end unit with larger size bay window, warm color tones, tile on the diagonal, generous size kitchen with above cabinet decor and accent lighting, thoughtfully redesigned kitchen with dishwasher moved for a more workable space, fully furnished and ready to call home! Spacious master suite with hickory wood flooring and access to screened/glassed in lanai, walk-in closet, owner's ensuite bath w/ dual sink marble top vanity, separate WC includes a walk-in shower and convenient linen closet. Private covered and screened entry so no one walking by your unit, secured elevator lobby or secure stairway access along with under building assigned parking and generous storage closet. Beautiful sunrise views to start your mornings, sparkling heated pool for an afternoon dip or enjoy some beach time just across the Blvd. to the sugary sands of the Gulf of Mexico waters and an unforgettable Fort Myers Beach sunset! Indoor/Outdoor living where you can enjoy a relaxing and peaceful setting and vast bay views, native beach birds rain or shine.Captain's Bay South offers 14 day rentals and includes many amenities for you and your guests to enjoy, 2 heated pools, tennis/pickle ball courts & BBQ picnic area. Close to CVS now open and trolley stop to take you to Publix Grocery, Times Square, waterfront restaurants and shops or the local farmer's markets and marina's. All Assessments Paid!

Property details

Type
Condominium
Year built
1997
Interior
1,073 sqft
Lot size
Not specified
Acreage
Not specified
Garage
None
Days on market
22
Total association fees
$10,404/yr (~$867/mo)
CDD
None
Est. taxes (1.4%)
$5,599/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Northeast
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
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

AssociationManagementInsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundSewerSecurityTrashWater

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

Amenities

BeachRightsPoolShuffleboardCourtSeeRemarksTennisCourtsTrashBeachAccessManagement

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
$373/sqft
Comp median
$332/sqft
Difference
+12%

Based on the $/sqft of 10 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
22748 Island Pines Way 102Sep 2025$340,0002/21,095$311
4571 Bay Beach Lane 373Jun 2026$355,0002/21,156$307
4431 Bay Beach Lane 522Jul 2026$390,0002/21,060$368
4431 Bay Beach Lane 554Mar 2026$440,0003/21,197$368
7317 Estero Boulevard 108Dec 2025$385,0002/21,076$358
4521 Bay Beach Lane 325Sep 2025$415,0002/21,214$342
Average6 comps$387,500$342

Market trends — Fort Myers Beach

Median list
$741,900
Median $/sqft
$615
Median sold (90d)
$474,000
Avg days on market
134
Active listings
428
Median sold price · Fort Myers Beach
$474,000last 3 months15.5% vs $561,000 prior 3 months
Median closed price by month · Fort Myers Beach
0.4% MoM3.8% YoY
$442k$595k$749kJul ’25Jul ’26
$458,125Jul ’26 · 20 sales

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 $24,900 (6.2%) from the original list price.

Jan 22, 2026Sold$375,000
Nov 26, 2025Listed$399,900

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1997 — 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 (~$10,404/yr)
Location convenienceHigh
Hospital
7.3 mi
HealthPark Medical Center
Beach
2.2 mi
Lovers Key State Park
Airport
11.9 mi
Page Field (Fort Myers)
Shopping
6.3 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.