$4,499,000
5 Bed Pool Home for Sale in Seagrape
168 Chapel Street, Fort Myers Beach, FL, 33931
About this home
Exceptional new construction offering panoramic canal views and positioned on a weekly rental street with strong income potential. This elevated three-level residence features 5 bedrooms and 7 bathrooms and is thoughtfully designed to accommodate up to 20 guests, making it one of the few homes of its kind on the island. The home offers a short walk to the beach, canal access, and an oversized lot, blending luxury coastal living with flexibility for use as a primary residence, second home, or short-term rental. Outdoor living is maximized with a private pool and spa, an expansive rear deck capturing canal breezes, a garage-level tiki bar, and a rooftop deck with sweeping sunrise-to-sunset views. Inside, the open-concept layout features custom furnishings, designer coastal finishes, and a spacious great room ideal for entertaining. The gourmet kitchen includes ample bar seating and flows seamlessly into a large dining area. The main living level offers a built-in bunk room with en-suite bath, while the upper level features four king bedrooms, each with its own private bathroom, providing comfort and privacy for guests. For buyers under contract early, there is potential flexibility to create a main-floor primary suite. Offered fully furnished and rental ready, including furnishings, games, golf cart, ice machine, and more. With strong rental performance in comparable markets, and potential 1031 exchange. This property represents a rare opportunity to own a high-performing island home with exceptional lifestyle appeal.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2026
- Interior
- 3,751 sqft
- Lot size
- 13,281.444 sqft
- Acreage
- 0.30 acres
- Garage
- 2 car
- Days on market
- 200
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $62,986/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
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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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
Up $50,000 (1.1%) from the original list price.
| Feb 4, 2026 | Price increasedfrom $4,449,000 | $4,499,000 |
| Feb 4, 2026 | Listed | $4,449,000 |
The good, the trade-offs & the location
- Built 2026 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Waterfront
- 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.