$599,000
2 Bed Waterfront Home for Sale in The Palms Of Bay Beach, FL
4253 Bay Beach Lane E7, Fort Myers Beach, FL, 33931
About this home
This absolutely stunning 2-bedroom Penthouse residence on the 7th floor has been fully renovated with today’s finest contemporary finishes. Thoughtfully reimagined, the open living space is framed by sweeping, unobstructed views of Estero Bay and situated within the highly sought-after community of The Palms. The home features a private guest ensuite, elegant pocket doors that enhance flow, recessed lighting throughout, and professionally designed closets—including a spacious butler’s pantry with beverage cooler. Additional upgrades include a new HVAC system and tankless water heater. The open-air lanai, also accessible from the primary suite, invites you to enjoy coastal breezes, vibrant sunrises, and the daily show of Southwest Florida’s magnificent wildlife—from colorful birds to playful manatees and dolphins. A private storage closet and new Storm Smart electric shutters add convenience and peace of mind. The unit includes one covered parking space with ample guest parking. The complex has recently undergone a complete exterior renovation, including a new roof, fresh exterior paint, updated lanai rails, and a newly repaved parking area. A short stroll leads to the community’s private beach, providing effortless access to the Gulf’s sugar-sand shoreline. Boat slips—available for sale or lease—are also within easy walking distance. The Palms delivers resort-style living at its finest, featuring a beautifully appointed clubhouse with full kitchen, outdoor grill area, and a dedicated fish-cleaning station—perfect for entertaining. Residents enjoy an extensive network of safe walking paths, an Olympic-size heated pool, tennis and pickleball courts, a driving cage, chipping and putting greens, and a professionally equipped fitness center. Located on the coveted South Island, the community offers the ideal blend of luxury, comfort, and convenience. Take the free island trolley to the North End for vibrant nightlife, or enjoy a short drive to Naples or Bonita Springs for exceptional dining and shopping. Review the photos and you’ll agree—this residence offers an extraordinary opportunity and will not remain on the market for long. Furniture is negotiable.
Property details
- Type
- Condominium
- Year built
- 1977
- Interior
- 1,024 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 1 car
- Days on market
- 15
- Total association fees
- $12,396/yr (~$1,033/mo)
- CDD
- None
- Est. taxes (1.4%)
- $8,386/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors, Shutters
- Exposure
- Northeast
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- 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
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.
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 |
|---|---|---|---|---|---|
| 4253 Bay Beach Lane B5 | Sep 2025 | $534,500 | 2/2 | 1,024 | $522 |
| 7650 Estero Boulevard 202 | Mar 2026 | $540,000 | 2/2 | 889 | $607 |
| 7930 Estero Boulevard 106 | Feb 2026 | $640,000 | 2/2 | 1,207 | $530 |
| Average | 3 comps | $571,500 | $553 |
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 $80,000 (12.5%) from the original list price.
| Mar 16, 2026 | Sold | $560,000 |
| Dec 14, 2025 | Price reducedfrom $640,000 | $599,000 |
| Dec 5, 2025 | Listed | $640,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors, Shutters
- Built 1977 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
- Higher association fees (~$12,396/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.