$350,000
2 Bed Waterfront Home for Sale in Admirals Bay
22652 Island Pines Way 254, Fort Myers Beach, FL, 33931
About this home
Located in the desirable Admirals Bay community, this 2-bedroom, 2-bathroom condo offers a stylish coastal retreat. Featuring wood plank tile flooring throughout. Enjoy scenic views of the canal and nature preserve from your private balcony, creating a peaceful atmosphere. Just a short walk to the beach, this home offers effortless access to coastal living. Residents can also enjoy a heated pool for year-round relaxation. Admirals Bay has recently made major improvements, including a new roof, enhancing both value and appeal. The unit also features recent upgrades like AC 2022, water heater 2021, and refrigerator 2022. Fort Myers Beach is thriving once again, with businesses reopening and the community rebuilding. Santini Plaza is now open, offering a variety of dining and shopping options, making this location even more desirable.
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
- 375
- Total association fees
- $12,000/yr (~$1,000/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,900/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- 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
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 5 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 |
|---|---|---|---|---|---|
| 6899 Estero Boulevard 254 | Jul 2026 | $385,000 | 2/2 | 854 | $451 |
| 6893 Estero Boulevard 456 | Mar 2026 | $300,000 | 2/2 | 832 | $361 |
| 6897 Estero Boulevard 166 | Feb 2026 | $348,000 | 2/2 | 839 | $415 |
| 6895 Estero Boulevard 551 | Mar 2026 | $400,000 | 2/2 | 832 | $481 |
| 6895 Estero Boulevard 552 | Apr 2026 | $335,000 | 2/2 | 778 | $431 |
| Average | 5 comps | $353,600 | $428 |
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 $25,000 (6.7%) from the original list price.
| May 14, 2025 | Price reducedfrom $375,000 | $350,000 |
| Apr 24, 2025 | Listed | $375,000 |
The good, the trade-offs & the location
- Waterfront
- 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 (~$12,000/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.