This Week's Best Under-Market Real Estate Deals in Southwest Florida | Fort Myers, Naples, Bonita Springs
This week we are seeing some pretty aggressive pricing in Southwest Florida - some of the lowest we've seen in a long while. Looking for a beach condo, some waterfront action or perhaps an investment property ? Right now there are 9 homes that are all priced well below what similar properties have recently been selling for in the neighbourhoods that they are in.
#1 Best Deal on the Market: 4531 Bay Beach Lane 134, Fort Myers Beach
$299,900 · 2bd/2ba · 1,225 sqft · ~20% below recent sold comps
**This 2-bedroom Bay Beach Lane condo is priced a good 20% below comparable sales in the area,** making it arguably the best value on Fort Myers Beach this week. At just 1,225 square feet under $300,000, it offers a nice amount of square footage for the price in a waterside community known for holding onto its value well over the years. For buyers, it's a chance to get beach access and enjoy the resort-style amenities without the usual hefty premium.
#2 Best Deal on the Market: 4263 Bay Beach Lane 111, Fort Myers Beach
$289,900 · 2bd/2ba · 1,175 sqft · ~20% below recent sold comps
Priced at just under $290,000, this 2-bedroom , 2-bathroom unit is coming in about 20% below what similar places have sold for in the area - and that's a big deal. It's one of the more affordable options in the Bay Beach community right now. The 1,175 square feet of living space are spread out pretty well, and the way the price has come in makes it an easy win for anyone who plans on living here, or for investors looking to make a smart investment. To be honest, it's pretty unusual to find this level of value in a Fort Myers Beach property - this one's a real standout.
#3 Best Deal on the Market: 4591 Bay Beach Lane 294, Fort Myers Beach
$305,000 · 2bd/2ba · 1,226 sqft · ~19% below recent sold comps
Coming in at about 19% below market comparable at $305k , this property on Bay Beach Lane offers another bite at the apple to get into the super sought after waterfront community at a more realistic price. The 1,226 square feet and 2 bedroom layout has got all the makings of a great fit for folks who are downsizing, its a perfect second home, or just want to live in a coastal paradise without breaking the bank. This place is a real steal in a location that always seems to find buyers lining up to buy in.
Gulf Access: 7148 Estero Boulevard 322, Fort Myers Beach
$395,000 · 2bd/2ba · 1,318 sqft · ~14% below recent sold comps
This gulf-access condo on Estero Boulevard sits below recent sales prices by about 14%, taking a chunk off the cost of beachfront luxury - and it still gives you a direct path to the Gulf of Mexico . And the best part? You won't have to break the bank with a million-dollar price tag. At $395,000 for 2 bedrooms & 1,318 sqft of living space, this little gem is tailor-made for anyone who loves the water - whether you're a seasoned boater or just drawn to the laidback waterfront lifestyle. Its unbeatable mix of access & location makes this condo one that's definitely worth taking a close look at.
Waterfront: 26483 Bonita Fairways Boulevard, Bonita Springs
$519,900 · 3bd/2ba · 2,351 sqft · ~18% below recent sold comps
Priced around 18% below recent comps, this 3-bedroom waterfront home in Bonita Springs offers over 2,300 square feet and direct water views for just under $520k. Buyers get space, scenery, and a location that blends convenience with resort-style living. It's an excellent value for families or anyone wanting room to spread out on the water.
Pool Home: 80 Delbrook Way, Marco Island
$1,375,000 · 4bd/2ba · 2,723 sqft · ~13% below recent sold comps
This 4-bedroom Marco Island pool home is priced a solid 13% below what comparable sales have been going for - so you're getting a great deal on just under 2800 sq ft of living space in one of Southwest Florida's hottest island communities - Marco Island. The private pool & big backyard, set on a spacious lot in a prime island location, really make for a lifestyle that's hard to find elsewhere. For those looking for a place to really call home or a luxury vacation spot, this house is a rare find & a great chance to get in on the ground floor.
55+ / Active Adult: 401 Arbor Lake Drive 4-101, Naples
$215,000 · 2bd/2ba · 1,493 sqft · ~18% below recent sold comps
Coming in at roughly 18% below the recent sale prices this 2 bedroom condo in Naples is an absolute steal - a spacious nearly 1500 square foot property available for a tantalising $215k . To active adults 55+ this place offers a real gem - a full package of resort-style amenities, lively social scene and a super-convenient maintenance free lifestyle right here in one of Floridas top destinations. For active adults on the hunt for a great deal in a prime location - this is the standout of the active adult market.
Amenity-Rich: 4541 Bay Beach Lane 341, Fort Myers Beach
$319,000 · 2bd/2ba · 1,274 sqft · ~18% below recent sold comps
This amenity-packed Bay Beach Lane condo comes in roughly 18% below its comparable sales and throws in access to the pools, tennis courts and waterfront facilities that usually bring a pretty hefty premium, all for a fraction of the typical cost. At $319k for just 1,274 sq ft, it's being positioned as a lifestyle investment that not only promises a luxury resort experience but also brings immediate cash savings right out of the gate with no additional guesswork to do. Buyers can get in on that resort lifestyle without having to pay top-of-the-line retail prices.
Investor (rental): 135 Quails Nest Road 4, Naples
$189,990 · 2bd/2ba · 1,542 sqft · ~14% below recent sold comps
Coming in at around 14% under the most recent comparable sales, this 2-bedroom Naples condo packs a serious punch - 1,500 square feet of living space for under $190,000. All of this adds up to a pretty sweet deal, with rental and appreciation potential that's looking very strong indeed. The numbers are looking excellent from a price-per-square-foot perspective for investors, & you can bet that the Naples location will keep the tenants flowing in. In my opinion, this is one of the better cash flow opportunities Ive seen all quarter.
If any of these properties line up with what youre looking for, give me a shout and I'll walk you through some comps, neighborhood details, and the next steps - or at the very least point you in the direction of some good resources to check out on your own. You can also take a gander at the full list of active listings to see what else is new this week.
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Deals are measured against the median of recent nearby sold comparables (within 1 mile, similar size, age, and beds/baths, closed in the last 6 months). Prices and availability change fast; contact Rick to confirm.