3 Bed Condominium for Sale in Fort Myers Beach
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For SaleMLS# 226017658

$439,900

3 Bed Condominium for Sale in Fort Myers Beach

22748 Island Pines Way 302, Fort Myers Beach, FL, 33931

3 beds2 baths1,239 sqft1 garage
GatedTennisBeach Access

About this home

Captains Bay South on Fort Myers Beach offers a lovely 3-bedroom, 2-bath, third-floor condominium with two lanais — one perfect for morning coffee and another ideal for sunset relaxation. This furnished, turnkey residence features granite countertops throughout and has never been rented. With plenty of room for guests both indoors and outdoors, this condo offers excellent value. It is currently priced lower on a cost-per-square-foot basis than any other Captains Bay condo for sale and is even priced lower than many 2-bedroom options. The location is exceptionally convenient: approximately 2 minutes to the beach and 2 minutes to Santini Plaza, where you will find restaurants, coffee and dessert shops, shopping, and a nearby pharmacy. Across the street, a future beach pub is planned — a natural gathering spot for owners, guests, and neighbors. A spacious, turnkey Fort Myers Beach condo with location, value, and lifestyle appeal.

Property details

Type
Condominium
Year built
1995
Interior
1,239 sqft
Lot size
4,782.888 sqft
Acreage
0.11 acres
Garage
1 car
Days on market
108
Total association fees
$12,009/yr (~$1,001/mo)
CDD
None
Est. taxes (1.4%)
$6,159/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors, Shutters
Exposure
East
Waterfront
No
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

AssociationManagementInsuranceLegalAccountingMaintenanceGroundsPestControlReserveFundSewerWater

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

Amenities

SeeRemarksTennisCourtsTrailsBeachAccessManagement

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
$355/sqft
Comp median
$347/sqft
Difference
+2%

Based on the $/sqft of 8 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.

AddressSoldSold priceBeds/BathsSq ft$/sqft
22724 Island Pines Way 403Jan 2026$375,0002/21,073$349
150 Lenell Road 503Jul 2026$465,0002/21,394$334
4431 Bay Beach Lane 522Jul 2026$390,0002/21,060$368
4431 Bay Beach Lane 554Mar 2026$440,0003/21,197$368
7317 Estero Boulevard 108Dec 2025$385,0002/21,076$358
4521 Bay Beach Lane 325Sep 2025$415,0002/21,214$342
Average6 comps$411,667$353

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.

The good, the trade-offs & the location

Pros
  • Storm protection: Impact Windows/Doors, Shutters
Consider
  • Built 1995 — 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 (~$12,009/yr)
Location convenienceHigh
Hospital
7.3 mi
HealthPark Medical Center
Beach
2.2 mi
Lovers Key State Park
Airport
11.9 mi
Page Field (Fort Myers)
Shopping
6.3 mi
Coconut Point (Estero)

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.