$299,900
2 Bed Waterfront Home Under Contract in Fort Myers Beach
4531 Bay Beach Lane 134, Fort Myers Beach, FL, 33931
About this home
Welcome to this beautifully updated community in Fort Myers Beach. The clubhouse has been refreshed, both pools have been redone, the buildings feature new roofs and fresh exterior paint, and the elevator has been newly enhanced for your convenience. This desirable end unit offers a split-bedroom floor plan, fresh paint throughout, a modern kitchen, recent updates to the main bathroom, and new carpeting. The balcony lanai features new railings and screens and also includes a washer and dryer for added convenience. Enjoy your own assigned parking space and dedicated boat slip. Community amenities include pools, tennis, pickleball, a putting green, and shuffleboard. Relax and enjoy all the beauty and lifestyle Fort Myers Beach has to offer. All assessments have been paid in full.
Property details
- Type
- Condominium
- Year built
- 1987
- Interior
- 1,225 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- None
- Days on market
- 43
- Total association fees
- $12,400/yr (~$1,033/mo)
- CDD
- None
- Est. taxes (1.4%)
- $4,199/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- None listed
- Exposure
- East
- 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
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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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 |
|---|---|---|---|---|---|
| 4581 Bay Beach Lane 482 | Aug 2026 | $300,000 | 2/2 | 1,156 | $260 |
| 4263 Bay Beach Lane 713 | Jan 2026 | $270,000 | 2/2 | 1,090 | $248 |
| 4263 Bay Beach Lane 413 | Mar 2026 | $312,500 | 2/2 | 1,090 | $287 |
| Average | 3 comps | $294,167 | $265 |
Market trends, Royal Pelican
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $15,100 (4.8%) from the original list price.
| Aug 14, 2026 | Under contract | |
| Jul 29, 2026 | Price reducedfrom $315,000 | $299,900 |
| Jul 9, 2026 | Back on market | |
| Jun 18, 2026 | Listed | $315,000 |
The good, the trade-offs & the location
- Waterfront
- Built 1987 — 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 (~$12,400/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.