$399,900
2 Bed Waterfront Home for Sale in Fort Myers Beach, FL
4571 Bay Beach Lane 373, Fort Myers Beach, FL, 33931
About this home
Long canal views highlight this bright 2-bedroom, 2-bath TURNKEY residence at Royal Pelican on the desirable south end of Fort Myers Beach. This inviting condo features an extra-wide living room, two screened lanais, designated covered parking, and electric shutters, offering comfortable indoor-outdoor coastal living. The open canal view creates a peaceful setting for morning coffee or relaxing evenings. Inside, the home includes an updated kitchen, brand-new A/C installed in November, and a built-in Murphy bed that adds flexibility for guests or additional sleeping space. The building has completed several major improvements, including new plumbing, a new metal roof, fresh exterior paint, updated landscaping, and ongoing lanai upgrades. Royal Pelican residents enjoy two swimming pools, a clubhouse with recreation room and kitchen, shuffleboard, BBQ grills, and picnic areas within a beautifully maintained tropical setting. Owners on Bay Beach Lane also enjoy access to private beach access, pickleball, tennis, bocce courts, putting green, walking trails, and a fishing pier. Boat docks may become available for purchase as they come on the market. This residence is offered TURNKEY with minor personal exclusions and includes one of the most desirable canal views in Royal Pelican, just moments from the sugar-sand beaches of Fort Myers Beach. Assessment paid in full.
Property details
- Type
- Condominium
- Year built
- 1989
- Interior
- 1,156 sqft
- Lot size
- 7,204.824 sqft
- Acreage
- 0.17 acres
- Garage
- 1 car
- Days on market
- 138
- Total association fees
- $12,400/yr (~$1,033/mo)
- CDD
- None
- Est. taxes (1.4%)
- $5,599/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Indirect — bridges/locks
- 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
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 13 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 |
|---|---|---|---|---|---|
| 4521 Bay Beach Lane 325 | Sep 2025 | $415,000 | 2/2 | 1,214 | $342 |
| 7317 Estero Boulevard 108 | Dec 2025 | $385,000 | 2/2 | 1,076 | $358 |
| 4431 Bay Beach Lane 522 | Jul 2026 | $390,000 | 2/2 | 1,060 | $368 |
| 4431 Bay Beach Lane 554 | Mar 2026 | $440,000 | 3/2 | 1,197 | $368 |
| 4421 Bay Beach Lane 614 | Dec 2025 | $370,000 | 3/2 | 1,197 | $309 |
| 4491 Bay Beach Lane 111 | Apr 2026 | $365,000 | 3/2 | 1,197 | $305 |
| Average | 6 comps | $394,167 | $342 |
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 $44,900 (11.2%) from the original list price.
| Jun 10, 2026 | Sold | $355,000 |
| Dec 1, 2025 | Listed | $399,900 |
The good, the trade-offs & the location
- Gulf access (Indirect — bridges/locks)
- Built 1989 — 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 (~$12,400/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.