5000 Estero Blvd Unit 202, Fort Myers Beach, FL 33931

$400,000
2
BD
1.5
BA
742
SqFt

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List Price
$400,000
Listing Price
$400,000
Price Change
▼ $99,000 1783728593
Days on Market
438
MLS#
225048667
Bedrooms
2
Bathrooms
1.5
Living Sq. Ft
742
Total Area
742
Property Class
Condo
Building Design
Traditional
County
Lee
Region
FB03 - Gulf Beach Road to Avenid
Development
Pointe South Condo
Building Name
Pointe South Condo

Property Description

NOW OPEN AND READY TO GENERATE IMMEDIATE RENTAL INCOME! The rental policy has become even more "investor-friendly," now allowing a "4-day minimum" rental period from May through October and a 7-day minimum from November through April—creating increased booking flexibility, higher occupancy potential, and outstanding income-producing opportunities throughout the year. An incredibly rare opportunity exists to purchase two adjoining beachfront condominiums in the highly sought-after Pointe South community. Condo #202 (MLS# 225048667) and Condo #203 (MLS# 2025005080) are being offered separately, yet together provide a truly unique investment opportunity. Market both units to larger families, wedding parties, reunions, corporate groups, or multiple families traveling together who desire the convenience of staying side-by-side while enjoying the privacy of separate accommodations. With a combined 4 bedrooms, the income potential and marketing possibilities are exceptional. Wake each morning to breathtaking panoramic views of the Gulf of America from this beautifully maintained 2-bedroom, 1.5-bath beachfront condominium. The light-filled interior offers an inviting coastal atmosphere with an open-concept floor plan, a spacious kitchen, generous bedrooms, and abundant storage. Step onto your private Gulf-front lanai, protected by newer 2024 electric hurricane shutters, and enjoy spectacular sunsets, gentle sea breezes, and the soothing sound of waves rolling onto the sugar-white sand. Pointe South continues to be one of the area's most desirable vacation destinations thanks to its direct beach access, tropical setting, and unbeatable location. Guests return year after year to enjoy the pristine shoreline, turquoise waters, and proximity to Publix, marinas, restaurants, shopping, entertainment, and all that Fort Myers Beach has to offer. Whether you're searching for a personal beachfront escape, a proven vacation rental, or both, this property checks every box. With the building fully operational, a significantly enhanced rental policy designed to maximize occupancy, and the rare opportunity to own one or both adjoining condominiums, this is an exceptional beachfront investment with tremendous rental income potential and long-term value.

Additional Information

Year Built
1976
furnished
Turnkey
Pets
No
Amenities
BBQ - Picnic, Beach Access, Bike Storage, Clubhouse, Pool, Extra Storage, Internet Access, Shuffleboard, Non-Gated
View
Gulf, Landscaped Area, Partial Bay
Boat Access
None
Waterfront Description
Gulf Frontage
Lot Description
Regular
Lot Frontage
140
Construction
Concrete Block, Elevated, Piling, Stucco
Parking
Common, Driveway Paved, Guest
Roof
Metal
Flooring
Carpet, Tile
Windows
Single Hung, Sliding, Shutters Electric, Window Coverings
Exterior Features
Storage
Water
Central
Sewer
Central
Cooling
Ceiling Fan(s)
Irrigation
Central
Interior Features
Common Elevator, Split Bedrooms
Equipment/Appliances Included
Dishwasher, Microwave, Range, Refrigerator/Icemaker
Dining Description
Breakfast Bar, Dining - Living
Master Bath Description
Shower Only
Total Tax Bill
$2,827
Tax Year
2024
Condo Fee
$3500
Condo Fee Frequency
Quarterly
Elementary School
Lee County Public
Middle School
Lee County Public
High School
Lee County Public
Total Floors
1
Min. Days Of Lease
7
Num of Leases/Yr
52

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Royal Shell Real Estate, Inc..