$499,000
2 Bed Waterfront Home for Sale in Palm Harbor Club, FL
150 Lenell Road 503, Fort Myers Beach, FL, 33931
About this home
Welcome to your dream retreat at the Palm Harbor Club, a premier gated community on the quiet south end of Fort Myers Beach. This spectacular south-facing, 5th-floor condo offers 1394 square feet of ultimate Florida living. Conveniently located just steps to the Gulf of America and just down the street to Santini Plaza for all your shopping and dining desires. This condo is a prime opportunity for year-round living, a seasonal getaway, or a high-potential investor rental, with high demand for vacation properties in this area. Enjoy captivating views of the pool, Marina and Gulf access canal, and gorgeous sunset skies from your spacious screened lanai. Start your day with breakfast and coffee as the Florida sun rises. Feel like you're on a permanent vacation with a lovely community pool, large sun deck facing the marina, a spa, tennis courts, and a gazebo. This 2-bedroom, 2-bathroom unit features an open floor plan, and a desirable split bedroom layout for maximum privacy. The large en-suite master bedroom includes two walk-in closets, and a private guest suite is ideal for visitors. The unit includes a separate laundry room, extra outside storage, an assigned covered parking space in a secure, gated garage, and key-coded building entry, offering both comfort and peace of mind. Built in 2000, the Palm Harbor Club is a well-maintained, 9 foot ceiling and a secure building. We can provide full details on the milestone inspection status, SIRS funding plan, and master insurance policy to "pre-package the risk story" and provide transparency to potential buyers in today's market. Experience the best of Fort Myers Beach living. This property is priced competitively in a buyer's market, offering excellent value for a discerning buyer. Schedule a private tour today to discover your future coastal paradise!
Property details
- Type
- Condominium
- Year built
- 2000
- Interior
- 1,394 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 164
- Total association fees
- $10,828/yr (~$902/mo)
- CDD
- None
- Est. taxes (1.4%)
- $6,986/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Indirect — bridges/locks
- 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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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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4431 Bay Beach Lane 554 | Mar 2026 | $440,000 | 3/2 | 1,197 | $368 |
| 4341 Bay Beach Lane 644 | Mar 2026 | $542,000 | 2/2 | 1,244 | $436 |
| 7401 Bella Lago Drive 533 | Apr 2026 | $505,000 | 2/2 | 1,363 | $371 |
| Average | 3 comps | $495,667 | $392 |
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 $134,000 (22.4%) from the original list price.
| Jul 8, 2026 | Sold | $465,000 |
| May 29, 2026 | Price reducedfrom $549,000 | $499,000 |
| Jan 1, 2026 | Listed | $599,000 |
The good, the trade-offs & the location
- Gulf access (Indirect — bridges/locks)
- Built 2000 — 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 (~$10,828/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.