$875,000
2 Bed Waterfront Home for Sale in Island Reef Club
7000 Estero Boulevard 400, Fort Myers Beach, FL, 33931
About this home
Beachfront Bliss at Island Reef! Welcome to your Gulf-front retreat at Island Reef, where breathtaking, never-ending views await from this rarely available beachfront corner unit with a wrap-around screened lanai. From sunrise to sunset, enjoy panoramic Gulf vistas that define coastal living at its finest. Step into a beautifully updated galley-style kitchen featuring custom Omega wood cabinetry with soft-close doors and pull-out drawers, a custom tile backsplash, stainless steel appliances, and quartz countertops—truly a chef’s delight. The living room showcases brand new luxury vinyl plank flooring, offering both style and durability while complementing the coastal aesthetic. Both bathrooms have been thoughtfully redesigned with timeless coastal influences. The primary bath features oversized tile walls, a shaker-style vanity, a custom mirror, and elegant tile flooring. The guest bath offers classic white subway tile in the shower, a shaker vanity, and tile floors. The primary bedroom includes a built-in desk—perfect for working remotely—along with direct access to the lanai. The spacious guest bedroom also features sliding glass doors leading to the screened lanai, allowing guests to wake up to serene Gulf views. The lanai has been recently upgraded with plank tile, creating an inviting space to relax and unwind while enjoying ocean breezes. Additional highlights include roll-down storm shutters, impact windows, a new HVAC system (2025), an in-unit stackable washer and dryer, a water softener (hot side only), and two-car tandem under-building parking. Island Reef has undergone extensive updates, ensuring a modern, well-maintained community. Recent improvements include a new roof, new elevator, newly renovated pool, and updated community room and pool baths—enhancing both comfort and convenience for residents. Perfectly situated on Fort Myers Beach, Island Reef offers direct beach access and resort-style amenities including a pool, shuffleboard court, and clubhouse. Walk to CVS and Santini Plaza, where several new restaurants, ACE Hardware, Surf Style Beachwear, and more are coming online soon. Lovers Key State Park is just minutes away for kayaking and wildlife spotting, while Times Square and the Fort Myers Beach Pier offer dining and entertainment. Nearby marinas make boating and fishing easy, and there’s even a ferry to Key West just a few miles away. With breathtaking sunsets, a relaxed island atmosphere, and a friendly, quiet community, Island Reef is also one of the few dog-friendly beachfront complexes. Whether you’re seeking a primary residence or a second home, this stunning beachfront condo is a rare opportunity you won’t want to miss.
Property details
- Type
- Condominium
- Year built
- 1971
- Interior
- 1,388 sqft
- Lot size
- 9,683.388 sqft
- Acreage
- 0.22 acres
- Garage
- 2 car
- Days on market
- 77
- Total association fees
- $14,604/yr (~$1,217/mo)
- CDD
- None
- Est. taxes (1.4%)
- $12,250/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
- 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 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 |
|---|---|---|---|---|---|
| 7150 Estero Boulevard 800 | Feb 2026 | $800,000 | 2/2 | 1,545 | $518 |
| 7150 Estero Boulevard 501 | Dec 2025 | $765,000 | 2/2 | 1,545 | $495 |
| 28 Bayview Boulevard | Jan 2026 | $975,000 | 3/2 | 1,471 | $663 |
| Average | 3 comps | $846,667 | $559 |
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 $75,000 (7.9%) from the original list price.
| Apr 21, 2026 | Price reducedfrom $895,000 | $875,000 |
| Feb 3, 2026 | Listed | $950,000 |
The good, the trade-offs & the location
- Gulf access (Direct — Gulf frontage)
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1971 — 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 (~$14,604/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.