$1,250,000
2 Bed Waterfront Home for Sale in Islands End
261 Egret Street, Fort Myers Beach, FL, 33931
About this home
Unmatched waterfront elegance on Fort Myers Beach! This elevated canal estate features direct Gulf access, a private covered boathouse/lift, and captivating views of Estero Bay. The interior offers a split-bedroom layout, vaulted ceilings, and a glassed-in sunroom perfect for dolphin watching. Upgraded with a new roof and A/C, the property boasts a massive backyard garden with room for a luxury pool. Enjoy deeded beach access just steps away, plus close proximity to Margaritaville. Live the ultimate Florida dream.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1989
- Interior
- 1,454 sqft
- Lot size
- 7,274.52 sqft
- Acreage
- 0.17 acres
- Garage
- 3 car
- Days on market
- 15
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $17,500/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- No
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
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 |
|---|---|---|---|---|---|
| 28 Bayview Boulevard | Jan 2026 | $975,000 | 3/2 | 1,471 | $663 |
| 5815 Estero Boulevard | Jun 2026 | $1,150,000 | 3/2 | 1,431 | $804 |
| 5612 Easy Street | Jul 2026 | $1,100,000 | 3/3 | 1,540 | $714 |
| Average | 3 comps | $1,075,000 | $727 |
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 $1,397,750,000 (99.9%) from the original list price.
| Aug 9, 2026 | Price reducedfrom $1,299,000 | $1,250,000 |
| Jul 25, 2026 | Listed | $1,399,000,000 |
The good, the trade-offs & the location
- Waterfront
- Storm protection: Impact Windows/Doors
- 3-car garage
- Built 1989 — pre-2002 construction may carry older wind codes and higher insurance
- In a higher-risk flood zone (AE) — flood insurance likely required
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.