$694,000
2 Bed Pool Home for Sale in Cornerstone
5480 Estero Boulevard 103, Fort Myers Beach, FL, 33931
About this home
Discover the effortless beauty of coastal living in this direct Gulf-front 2-bedroom, 2-bath residence, perfectly positioned on the elevated first floor — offering an exceptional balance of privacy, security, and breathtaking panoramic views while remaining just steps from the sand. From the moment you arrive, the Gulf becomes the backdrop to everyday life. Morning coffee is accompanied by the soothing rhythm of waves, salty coastal breezes, and endless horizon views stretching toward Sanibel and Captiva. Evenings deliver the iconic Fort Myers Beach sunsets — vibrant skies reflecting across the water just beyond your door. The thoughtfully designed layout offers comfortable living spaces, spacious bedrooms with private baths, and an open gathering area ideal for relaxing after sun-filled beach days. The elevated position provides additional peace of mind while still allowing effortless access to the shoreline. Designed for both personal enjoyment and investment performance, this hotel-condo residence permits short-term rentals with a 3-day minimum and offers onsite management services, creating a truly turnkey ownership experience with strong income potential and minimal owner involvement. Prior to Hurricane Ian, the property generated approximately $80,000 in annual rental income, demonstrating its proven earning capability. With beachfront inventory continuing to tighten and redevelopment transforming Fort Myers Beach, opportunities to secure Gulf-front ownership at this price point are becoming increasingly rare. This is the lifestyle everyone comes to the island for. This is more than a property — it’s an opportunity. Exceptional opportunities don’t last. Text Me today before this Gulf-front residence is claimed.
Property details
- Type
- Condominium
- Year built
- 2004
- Interior
- 880 sqft
- Lot size
- 3,240.864 sqft
- Acreage
- 0.07 acres
- Garage
- None
- Days on market
- 180
- Total association fees
- $20,892/yr (~$1,741/mo)
- CDD
- None
- Est. taxes (1.4%)
- $9,716/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
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- No
- 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 5 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 |
|---|---|---|---|---|---|
| 4770 Estero Boulevard 109 | Aug 2026 | $644,000 | 2/2 | 821 | $784 |
| 130 Madison Court | Aug 2026 | $775,000 | 2/2 | 1,008 | $769 |
| 4253 Bay Beach Lane E7 | Mar 2026 | $560,000 | 2/2 | 1,024 | $547 |
| 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 |
| Average | 5 comps | $610,700 | $646 |
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.
The good, the trade-offs & the location
- Built 2004 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- In a higher-risk flood zone (VE) — flood insurance likely required
- No garage listed
- Higher association fees (~$20,892/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.