2 Bed Waterfront Home for Sale in Pelican Watch
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For SaleMLS# 225080360

$760,000

2 Bed Waterfront Home for Sale in Pelican Watch

2532 Estero Boulevard 102, Fort Myers Beach, FL, 33931

2 beds2 baths1,259 sqft1 garage
Beach AccessCommunity PoolWaterfront

About this home

Experience coastal living at its best in this beautifully updated 2-bedroom, 2-bath condo in the highly sought-after Pelican Watch on Fort Myers Beach. This light and bright residence features a tasteful coastal design throughout, with modern finishes and a spacious open layout ideal for relaxing or entertaining. Enjoy breathtaking sunset views from your private balcony and the peace of mind of a high-and-dry building. Pelican Watch continues to be one of the premier, well-maintained communities on the island. Perfectly positioned within walking distance to shops, dining, and entertainment, this condo offers the lifestyle everyone dreams of—whether as a full-time residence, vacation home, or rental investment.

Property details

Type
Condominium
Year built
1981
Interior
1,259 sqft
Lot size
6,921.684 sqft
Acreage
0.16 acres
Garage
1 car
Days on market
247
Total association fees
$16,000/yr (~$1,333/mo)
CDD
None
Est. taxes (1.4%)
$10,640/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors
Exposure
West
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
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

AssociationManagementInsuranceMaintenanceGroundsRecreationFacilitiesReserveFundSecurity

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

Amenities

BeachRightsBeachAccessBikeStorageBarbecuePicnicAreaPoolSpaHotTubStorageTrashManagement

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
$604/sqft
Comp median
$600/sqft
Difference
+1%

Based on the $/sqft of 8 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
2800 Estero Boulevard 1006Jan 2026$920,0002/21,266$727
2810 Estero Boulevard 411Apr 2026$710,0002/21,350$526
150 Pearl StreetMar 2026$700,0003/31,438$487
345 Mango Street 502Feb 2026$950,0002/21,409$674
453 Palermo CircleFeb 2026$850,0003/11,184$718
309 Madison CourtMar 2026$880,0003/21,258$700
Average6 comps$835,000$639

Market trends, Fort Myers Beach

Median list
$734,900
Median $/sqft
$618
Median sold (90d)
$472,000
Avg days on market
129
Active listings
397
Median sold price · Fort Myers Beach
$472,000last 3 months12.6% vs $540,000 prior 3 months
Median closed price by month · Fort Myers Beach
23.7% MoM38% YoY
$442k$595k$749kJul ’25Aug ’26
$457,500Aug ’26 · 28 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.

Price & status history

Down $165,000 (17.8%) from the original list price.

Jun 13, 2026Price reducedfrom $795,000$760,000
Nov 19, 2025Listed$925,000

The good, the trade-offs & the location

Pros
  • Waterfront
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1981 — 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 (~$16,000/yr)
Location convenienceHigh
Hospital
6.2 mi
HealthPark Medical Center
Beach
0.6 mi
Fort Myers Beach
Airport
10.8 mi
Page Field (Fort Myers)
Shopping
8.7 mi
Bell Tower Shops

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

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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.