Residential for Sale in Island Shores
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For SaleMLS# 226019058

$599,000

Residential for Sale in Island Shores

740 Matanzas Court, Fort Myers Beach, FL, 33931

- beds baths sqft
Gated

About this home

Build your dream beach home on this exceptional vacant lot located on the highly desirable north end of Fort Myers Beach. Perfectly positioned near Times Square, you’ll be just steps away from some of the island’s best restaurants, shopping, entertainment, and the sugar-white sandy beaches that make Fort Myers Beach so special. This prime homesite offers partial canal views and an unbeatable combination of convenience and coastal charm. Whether you’re looking to build a full-time residence, vacation getaway, or investment property, this location puts you right in the heart of the island lifestyle with everything Fort Myers Beach has to offer right at your fingertips.

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
8,768.628 sqft
Acreage
0.20 acres
Garage
None
Days on market
108
Total association fees
None
CDD
None
Est. taxes (1.4%)
$8,386/yr
Flood zone (area est.)
Yes · High risk (VE)
Storm protection
None listed
Exposure
South
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
Not specified
County
Lee

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.

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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.

Price & status history

Down $69,000 (10.3%) from the original list price.

Jun 30, 2026Price reducedfrom $668,000$599,000
May 15, 2026Listed$668,000

The good, the trade-offs & the location

Consider
  • In a higher-risk flood zone (VE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
6.3 mi
HealthPark Medical Center
Beach
0.6 mi
Fort Myers Beach
Airport
10.7 mi
Page Field (Fort Myers)
Shopping
8.7 mi
Bell Tower Shops

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.