3 Bed Waterfront Home for Sale in Not Applicable
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For SaleMLS# 225023839

$699,700

3 Bed Waterfront Home for Sale in Not Applicable

260 Sterling Avenue, Fort Myers Beach, FL, 33931

3 beds2 baths1,584 sqft
BoatingWaterfront

About this home

This canal-front parcel on Fort Myers Beach awaits your vision for re-building to create a spectacular new home and offers a rare chance to create your dream waterfront lifestyle. This is an unbeatable location on an oversized lot with 83 feet of water frontage, across from beautiful natural mangroves, so you can embrace the quintessential Florida lifestyle with boating, fishing, and water sports right at your doorstep. The house is presently empty and ready for construction. The structure of this home weathered the storm, and it presents an incredible opportunity for those with vision and a passion for coastal living. Imagine waking up to the gentle sway of palm trees and the promise of a sun-drenched day on Fort Myers Beach. Your personal boat ramp makes launching effortless, inviting you to explore the stunning waterways and beyond – it’s just a quick cruise to the bay and out to the open Gulf. A leisurely stroll puts you directly on the pristine sands of Fort Myers Beach, where you can soak up the sun, collect seashells, and enjoy breathtaking sunsets. This community is resilient and rebuilding stronger than ever, which is a testament to the enduring appeal and vibrant future of this coveted location. With your creative touch, this property can be transformed into a stunning waterfront retreat. Don't miss this chance to invest in your slice of paradise and create lasting memories on Fort Myers Beach. This is more than just a property, it's an opportunity to build your dream!

Property details

Type
SingleFamilyResidence
Year built
1958
Interior
1,584 sqft
Lot size
8,799.12 sqft
Acreage
0.20 acres
Garage
None
Days on market
366
Total association fees
None
CDD
None
Est. taxes (1.4%)
$9,796/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
Southeast
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — no bridges
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Lee

Amenities

Other

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
$442/sqft
Comp median
$470/sqft
Difference
-6%

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
5356 Palmetto StreetDec 2025$748,6503/21,440$520
21551 Madera RoadSep 2025$730,0004/31,728$422
4831 Coral RoadOct 2025$829,0004/31,760$471
239 Ibis StreetJan 2026$750,0002/21,600$469
6620 Estero Boulevard 801Feb 2026$800,0003/21,700$471
6620 Estero Boulevard 504May 2026$688,7502/21,450$475
Average6 comps$757,733$471

Market trends, Fort Myers Beach

Median list
$749,000
Median $/sqft
$621
Median sold (90d)
$474,000
Avg days on market
129
Active listings
399
Median sold price · Fort Myers Beach
$472,000last 3 months12.8% vs $541,000 prior 3 months
Median closed price by month · Fort Myers Beach
22.5% MoM36.9% YoY
$442k$595k$749kJul ’25Aug ’26
$465,000Aug ’26 · 25 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 $9,300 (1.3%) from the original list price.

Mar 5, 2026Back on market
Sep 3, 2025Price reducedfrom $709,000$699,700
Mar 4, 2025Listed$709,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — no bridges)
Consider
  • Built 1958 — 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
Location convenienceHigh
Hospital
6.5 mi
HealthPark Medical Center
Beach
2.9 mi
Fort Myers Beach
Airport
11.2 mi
Page Field (Fort Myers)
Shopping
6.7 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.