$1,475,000
4 Bed Waterfront Home for Sale in Watson W W
270 Delmar Avenue, Fort Myers Beach, FL, 33931
About this home
PRICED to SELL! BELOW PRODUCTION VALUE! Storm-tested, income-producing luxury vacation home in a BAYFRONT community ideally located on Fort Myers Beach’s highly sought-after NORTH END! This elevated 4 bed, 3 bath near beach retreat includes a private dock with dedicated slip (or rental potential if not used), and shares a heated pool and cabana with just three other homes. Built to exceed modern hurricane code and fully updated in 2023 with $200K+ in improvements, the home offers open-concept living, gourmet kitchen with high-end appliances, turnkey furnishings, and beautiful bay views. Proven rental income with opportunity for more with bookings in place. Ideal for a second home, 1031 exchange, or portfolio investment—this is one of the best-priced bayfront homes on the island. What are you waiting for? Start enjoying the ICONIC VIEWS of Matanzas Pass & the world famous Shrimp boats while experiencing the very best of the Fort Myers Beach lifestyle here! Extremely PEDESTRIAN FRIENDLY location in the heart of all the action just moments to Margaritaville, Times Square & the Pier while directly across the street from the future Neptune Inn redevelopment & right around the corner from Diamondhead resort & the annual Sandcastle Championship & The Whale Restaurant plus bike & golf cart rental right around the corner makes this a very lucrative investment property especially with WEEKLY rentals! Rare to find over 1,700 SqFt of patio space to immerse yourself in all of the incredible views from Sunrise to Sunset & enjoy the cool Florida breeze! Elevated construction exceeding code with concrete block through the 1st living floor, all impact windows & doors plus metal roof will stand up to the worst storms while providing great peace of mind. Oversized 2 car garage with great lower level storage space with plenty of room for all of your beach gear, bikes & kayaks which you can launch from the dock. Close proximity to the bridge for convenient access on & off the island minimizes time in traffic greatly! Don’t miss your chance to be a part of the renaissance of Fort Myers Beach with plenty of restaurants & entertainment options available in walking distance!
Property details
- Type
- SingleFamilyResidence
- Year built
- 2010
- Interior
- 2,389 sqft
- Lot size
- 2,204.136 sqft
- Acreage
- 0.05 acres
- Garage
- 2 car
- Days on market
- 98
- Total association fees
- $9,000/yr (~$750/mo)
- CDD
- None
- Est. taxes (1.4%)
- $20,650/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- East
- 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
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.
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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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 |
|---|---|---|---|---|---|
| 18404 Cutlass Drive | Mar 2026 | $1,114,000 | 5/3 | 2,258 | $493 |
| Average | 1 comps | $1,114,000 | $493 |
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 $140,500 (8.8%) from the original list price.
| Feb 27, 2026 | Sold | $1,448,500 |
| Jan 19, 2026 | Price reducedfrom $1,499,000 | $1,475,000 |
| Nov 21, 2025 | Back on market | |
| Aug 1, 2025 | Listed | $1,589,000 |
The good, the trade-offs & the location
- Built 2010 — post-2002 Florida wind codes (typically lower insurance)
- Gulf access (Direct — no bridges)
- Storm protection: Impact Windows/Doors
- 2-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
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.