2 Bed Waterfront Home for Sale in The Palms Of Bay Beach, FL
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SoldMLS# 2025025371

$409,000

2 Bed Waterfront Home for Sale in The Palms Of Bay Beach, FL

4203 Bay Beach Lane 5E, Fort Myers Beach, FL, 33931

2 beds2 baths1,024 sqft1 garage
GatedPickleballTennisBocceBeach AccessFitness CenterClubhouseCommunity PoolWaterfront

About this home

This fully furnished, two-bedroom fifth-floor residence is beautifully framed by sweeping, unobstructed views of Estero Bay and located within the highly sought-after waterfront community of The Palms. The thoughtfully updated kitchen features stainless steel appliances, while laminated flooring flows throughout the living spaces. The bathrooms have been tastefully upgraded, including the addition of a walk-in tub for enhanced comfort and convenience. The screened lanai—also accessible from the primary suite—offers the perfect setting to savor coastal breezes, glowing sunrises, and the ever-changing natural beauty of Southwest Florida. Daily sightings of colorful birds, manatees, and dolphins create a truly captivating waterfront experience. The residence includes one covered parking space, along with ample guest parking. The Palms has recently completed a comprehensive exterior renovation, showcasing a new roof, fresh exterior paint, updated lanai railings, and a newly repaved parking area—adding both peace of mind and enhanced curb appeal. A short stroll brings you to the community’s private beach, offering effortless access to the Gulf’s pristine sugar-sand shoreline. Boat slips, available for purchase or lease, are conveniently located within walking distance. Resort-style living awaits at The Palms, featuring a beautifully appointed clubhouse with a full kitchen, outdoor grilling area, and dedicated fish-cleaning station—ideal for entertaining. Residents also enjoy an extensive network of scenic walking paths, an Olympic-size heated pool, tennis and pickleball courts, a driving cage, chipping and putting greens, and a professionally equipped fitness center. Perfectly situated on the coveted South Island, this exceptional community offers an ideal blend of luxury, comfort, and convenience. Enjoy a complimentary island trolley ride to the North End’s lively dining and nightlife or take a short drive to Naples or Bonita Springs for world-class shopping and cuisine.

Property details

Type
Condominium
Year built
1978
Interior
1,024 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
10
Total association fees
$12,396/yr (~$1,033/mo)
CDD
None
Est. taxes (1.4%)
$5,726/yr
Flood zone (area est.)
Yes · High risk (VE)
Storm protection
Impact Windows/Doors
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

AssociationManagementCableTvInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsPestControlRecreationFacilitiesReserveFundSewerStreetLightsSecurityTrashWater

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

Amenities

BeachRightsBocceCourtBikeStorageClubhouseFitnessCenterBarbecuePicnicAreaPierPickleballPoolPuttingGreensShuffleboardCourtSidewalksTennisCourtsTrailsTrashVehicleWashAreaBeachAccessManagement

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
$399/sqft
Comp median
$352/sqft
Difference
+13%

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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
4253 Bay Beach Lane C3Jun 2026$360,0002/21,024$352
4203 Bay Beach Lane 4DMay 2026$389,0002/21,024$380
4521 Bay Beach Lane 325Sep 2025$415,0002/21,214$342
Average3 comps$388,000$358

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 $24,000 (5.9%) from the original list price.

Jan 29, 2026Sold$385,000
Dec 22, 2025Listed$409,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • 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
  • Higher association fees (~$12,396/yr)
Location convenienceHigh
Hospital
7.8 mi
HealthPark Medical Center
Beach
1.5 mi
Lovers Key State Park
Airport
12.1 mi
RSW Intl (Fort Myers)
Shopping
5.9 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.