Waterfront Home for Sale in Island Shores
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For SaleMLS# 2025015697

$1,595,000

Waterfront Home for Sale in Island Shores

475 Estero Boulevard, Fort Myers Beach, FL, 33931

- beds baths sqft
GatedBeach AccessBoatingWaterfront

About this home

Price just reduced! Discover one of the most desirable bayfront opportunities near Bowditch Point Park on the far north end of Fort Myers Beach. This property offers wide views of the Bay, and the beach is just across the street with an easy walk to the vibrant Times Square district, where restaurants, pubs and entertainment abound. Boaters will appreciate the quick access to the open Gulf Waters. Located in a weekly rental zone, this property also presents a valuable investment opportunity for owners interested in generating income through a rental program once a home is built. With its rare combination of bayfront tranquility, Gulf proximity, walkability, and panoramic views, this property stands out as one of the most exceptional waterfront offerings on Fort Myers Beach. A perfect canvas for your dream coastal home. Call co-listing agent Jane Plummer with any questions. 239-851-9565

Property details

Type
Residential
Year built
Not specified
Interior
Not specified
Lot size
8,712 sqft
Acreage
0.20 acres
Garage
None
Days on market
185
Total association fees
None
CDD
None
Est. taxes (1.4%)
$22,330/yr
Flood zone (area est.)
Yes · High risk (VE)
Storm protection
None listed
Exposure
Northeast
Waterfront
Yes
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

Amenities

SidewalksBeachAccess

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 $205,000 (11.4%) from the original list price.

Jul 9, 2026Price reducedfrom $1,800,000$1,595,000
Feb 3, 2026Listed$1,800,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • In a higher-risk flood zone (VE) — flood insurance likely required
  • No garage listed
Location convenienceHigh
Hospital
6.4 mi
HealthPark Medical Center
Beach
0.9 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.