$689,000
3 Bed 2 Bath Waterfront Condominium for Sale in THE PALMS OF BAY BEACH, FL
4253 Bay Beach Lane A7, Fort Myers Beach, FL, 33931
About this home
This beautifully and tastefully updated 3 bedroom, corner penthouse showcases sweeping, unobstructed views of Estero Bay and beyond. Elegant plantation shutters frame every window, while the expansive open-air lanai invites you to enjoy coastal breezes and breathtaking sunrises while being entertained by an abundance of SWFL magnificent birds, manatees and dolphins. Inside, each of the three spacious bedrooms offers its own walk-in closet, providing exceptional storage and comfort. Additional conveniences include a private storage closet and electric storm shutters for peace of mind. The unit includes one undercover space and there is ample parking for guests. The complex has recently gone through total exterior renovation to include new roof, exterior painting, lanai rails and repaved parking lot. Just a short walk brings you to the community’s private beach, offering effortless access to the Gulf’s sugar-sand shoreline. Boat slips for sale or lease are within easy walking distance from your unit. The community itself delivers resort-style living at its finest, featuring a beautifully appointed clubhouse with full kitchen, outdoor grill and fishing table station all perfect for entertaining. Residents enjoy an extensive system of safe walking paths, an Olympic-size heated pool, tennis and pickleball courts, a driving cage, putting and chipping greens, and a professionally equipped fitness center. This extremely rare penthouse opportunity comes fully furnished and blends luxury, comfort, and unmatched amenities available in one of the most desirable locations on Estero Bay. The South Island location offers unlimited options for any lifestyle choice. Utilize the free island trolley to the North end for a thriving nightlife atmosphere or take a short drive south to Naples or Bonita Springs for a variety of excellent restaurants and shopping.
Property details
- Type
- Condominium
- Year built
- 1977
- Interior
- 1,499 sqft
- Lot size
- 17,241.048 sqft
- Acreage
- 0.40 acres
- Garage
- 1 car
- Days on market
- 23
- Total association fees
- $15,900/yr (~$1,325/mo)
- CDD
- None
- Est. taxes (1.4%)
- $9,646/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- Northeast
- Waterfront
- Yes
- Gulf access
- Yes
- Gulf access type
- Direct — no bridges
- 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 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 7875 Buccaneer Drive | Dec 2025 | $679,000 | 3/2 | 1,565 | $434 |
| 7148 Estero Boulevard 922 | Jul 2026 | $600,000 | 2/2 | 1,318 | $455 |
| 7150 Estero Boulevard 501 | Dec 2025 | $765,000 | 2/2 | 1,545 | $495 |
| 7150 Estero Boulevard 506 | Feb 2026 | $655,000 | 2/2 | 1,545 | $424 |
| 7000 Estero Boulevard 300 | Jul 2026 | $675,000 | 2/2 | 1,388 | $486 |
| 6612 Estero Boulevard PH2 | Feb 2026 | $695,000 | 2/2 | 1,331 | $522 |
| Average | 6 comps | $678,167 | $469 |
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 $80,000 (11%) from the original list price.
| Mar 16, 2026 | Sold | $650,000 |
| Dec 14, 2025 | Price reducedfrom $730,000 | $689,000 |
| Nov 26, 2025 | Listed | $730,000 |
The good, the trade-offs & the location
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors
- Built 1977 — 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 (~$15,900/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.