2 Bed Waterfront Home for Sale in Admirals Bay
1 / 34
▶ View Virtual Tour
For SaleMLS# 2026036224

$309,000

2 Bed Waterfront Home for Sale in Admirals Bay

22652 Island Pines Way 154, Fort Myers Beach, FL, 33931

2 beds2 baths811 sqft
GatedPickleballTennisBeach AccessCommunity PoolBoatingWaterfront

About this home

Your Turnkey Island Oasis Awaits Unbelievable Price for a South End Hidden Gem! Experience paradise with this impeccably maintained, fully furnished, move-in-ready 2-bedroom, 2-bathroom condo. Located in the newer Phase 2 building at Admiral's Bay on a quiet street surrounded by lush vegetation, this peaceful retreat is tucked away from the traffic of Estero Blvd on Island Pines Way, with the widest white sand beaches of Fort Myers Beach just 3 minutes away. This spotless unit is designed for effortless Florida living. The kitchen features granite countertops, a breakfast bar, a generously sized pantry, and is being sold turnkey. Hosting is a breeze thanks to the smart split-floor plan. The guest bedroom and bathroom are located at the opposite end of the unit with a pocket door for added privacy. After a day at the beach, come home to the convenience of your own full-size washer and dryer, cleverly tucked away in a closet on the lanai. Your Private Nature Retreat Relax on your screened back lanai and let your stress melt away. Overlooking permanently protected acreage and a canal, this is the perfect spot to enjoy the soothing sounds of the water, listen to the birds in the mangroves, and watch for jumping fish. Feeling adventurous? Launch your canoe or kayak! Resort-Style Amenities & Community Enjoy a vibrant, welcoming community with access to two heated pools, tennis courts, pickleball, and shuffleboard. The community's private tiki hut and grilling area provides shade with picnic tables and chairs, creating a great setting for morning coffee, happy hours, and scheduled events. Relax by the pool or head across the street to take in a glorious Gulf sunset. Ultimate Convenience Your reserved, under-the-building parking easily accommodates 2 cars and helps protect them from the Florida sun. Right next to your lower-level parking is a private extra storage unit perfect for your beach gear. The building features an elevator for easy access, as well as underground utilities. Bonus Features All assessments have been paid! This pet-friendly community welcomes your furry companion. Bi-weekly rentals are allowed, providing a fantastic opportunity to generate income. With amazing shopping and restaurants nearby, you have absolute convenience at your fingertips. Pack your bags, grab your swimsuit, and start living the dream today!

Property details

Type
Condominium
Year built
1991
Interior
811 sqft
Lot size
7,596.864 sqft
Acreage
0.17 acres
Garage
None
Days on market
0
Total association fees
$9,600/yr (~$800/mo)
CDD
None
Est. taxes (1.4%)
$4,326/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
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

InsuranceIrrigationWaterLegalAccountingMaintenanceGroundsPestControlSewerTrashWater

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

BeachRightsBeachAccessBikeStorageBarbecuePicnicAreaPickleballPoolStorageTennisCourtsManagement

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.

At marketThis home is priced in line with comparable recent sales.
This home
$381/sqft
Comp median
$361/sqft
Difference
+6%

Based on the $/sqft of 5 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
6893 Estero Boulevard 456Mar 2026$300,0002/2832$361
6893 Estero Boulevard 416Feb 2026$290,0002/2832$349
6897 Estero Boulevard 125Sep 2025$275,0002/2778$353
6897 Estero Boulevard 166Feb 2026$348,0002/2839$415
6895 Estero Boulevard 552Apr 2026$335,0002/2778$431
Average5 comps$309,600$382

Market trends, Fort Myers Beach

Median list
$741,950
Median $/sqft
$621
Median sold (90d)
$470,000
Avg days on market
130
Active listings
398
Median sold price · Fort Myers Beach
$472,000last 3 months12.8% vs $541,000 prior 3 months
Median closed price by month · Fort Myers Beach
23.7% MoM38% YoY
$442k$595k$749kJul ’25Aug ’26
$457,500Aug ’26 · 22 sales

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

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1991 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • No garage listed
  • Higher association fees (~$9,600/yr)
Location convenienceHigh
Hospital
7.3 mi
HealthPark Medical Center
Beach
2.1 mi
Lovers Key State Park
Airport
11.9 mi
Page Field (Fort Myers)
Shopping
6.2 mi
Coconut Point (Estero)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

Loading map…

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.