$975,000
2 Bed Pool Home for Sale in Eucalyptus Park
197 Madison Court, Fort Myers Beach, FL, 33931
About this home
Welcome to your fully renovated coastal retreat, perfectly suited as both a vacation home and an exceptional investment opportunity with a very strong rental history. This spacious property comfortably sleeps up to 12 guests and is located in a highly desirable *WEEKLY RENTAL* community with private beach access. Thoughtfully updated throughout, the home features a brand-new kitchen with quartz countertops, new appliances, and beautifully remodeled bathrooms with tiled walk-in showers and frameless glass doors. Additional living space on the lower level offers a versatile bonus room, while the upper-level screened porch and lower-level lanai provide inviting outdoor spaces to relax and entertain. Major improvements completed in 2025 include a brand-new heated pool, new Hardie board siding, a new privacy fence, and a new lower-level HVAC system. The pool equipment has been elevated to help protect against flooding, and both the pool equipment and HVAC are backed by 5-year manufacturer warranties. This property has a proven history of strong weekly rental income and is being offered with the opportunity to convey existing reservations. Whether you’re looking for a personal beach getaway or an income-producing property, this home offers the perfect combination of modern updates, coastal charm, and outstanding rental potential.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1992
- Interior
- 1,008 sqft
- Lot size
- 3,833.28 sqft
- Acreage
- 0.09 acres
- Garage
- None
- Days on market
- 7
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $13,650/yr
- Flood zone (area est.)
- Yes · High risk (VE)
- Storm protection
- None listed
- Exposure
- Northwest
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
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.
Seeing several homes? Build a tour and we'll route it for you.
Your notes on this home
Keep private notes on this home, what you love, what to ask about, saved to your account and shared with your agent.
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 |
|---|---|---|---|---|---|
| 130 Madison Court | Aug 2026 | $775,000 | 2/2 | 1,008 | $769 |
| 291 Mango Street | Jan 2026 | $800,000 | 3/2 | 1,008 | $794 |
| 453 Palermo Circle | Feb 2026 | $850,000 | 3/1 | 1,184 | $718 |
| Average | 3 comps | $808,333 | $760 |
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
- Private pool
- Built 1992 — 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
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.
Similar homes nearby
$999,900
MLS# 226016354210 Miramar Street, Fort Myers Beach, FL, 33931
$1,140,000
MLS# 226013695240 Fairweather Lane, Fort Myers Beach, FL, 33931
$1,149,000
MLS# 225043303210 Dakota Avenue, Fort Myers Beach, FL, 33931
$975,000
MLS# 2260194554831 Coquina Road, Fort Myers Beach, FL, 33931
$1,045,000
MLS# 2026011976235 Miramar Street, Fort Myers Beach, FL, 33931
$850,000
MLS# 20260068834870 Coquina Road, Fort Myers Beach, FL, 33931
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.