500 Estero Boulevard #494, Fort Myers Beach, FL 33931
Local realty services provided by:
500 Estero Boulevard #494,Fort Myers Beach, FL 33931
$849,000
- 2 Beds
- 2 Baths
- 949 sq. ft.
- Condominium
- Pending
Listed by:denise chambre
Office:keller williams realty fort myers and the islands
MLS#:225039451
Source:FL_GFMB
Price summary
- Price:$849,000
- Price per sq. ft.:$758.71
About this home
2 bed/2 bath DIRECT GULF FRONT Condo with a combination of a great northend beach location, popular floorplan, favorable rental rules, and owners are allowed pets. Gateway Villas on the northend of Fort Myers Beach has been a popular building with a gated entrance to the parking lot and lots of parking. The building was a highly sought location pre-Ian and will be even better once construction is completed in June/July 2025. INVESTORS - the building allows 7 days minimun rentals. This 4th floor unit had some damage and drywall was replaced as needed and electrical switches were replace wherever the drywall was replaced. The kitchen cabinets were recently removed and the cast iron plumbing in the kitchen was replaced. ALL new IMPACT sliders and windows; new air conditioner; and new water heater. Unit will be SOLD UPDATED - The kitchen will have white shaker cabinets, quartz countertops and backsplash, and the "drop down" ceiling is removed. The two bathrooms feature white shaker vanities, quartz countertops, marble tiled showers with shampoo inserts and glass shower doors. New interior doors and new tile on the balconies. Recessed lighting in the livingroom. Decorative ceiling beams in the bedrooms. New Flooring throughout. It will look like the photos of the recently renovated unit (attached). RENO will be completed July 2025 and updated phtos will be taken. The corner unit is light and bright with extra windows and TWO balconies - one overlooks the beach and ocean; the other overlooks the bay and beach. This 2 bed / 2 bath unit will make a great personal residence or provide a sizable investment income. The building has 46 units over 8 floors. The building is in the final stages of repair and will feel brand new with new waterproof electirical room, refurbished pool area, new elevators (2 elevators), new roof (2023), and new landscaping. Maintenance fees of $781 per month include internet, unit water, building insurance and professional mgmt, and an on site maintenance manager. The building is planned to be ready for OWNER OCCUPANCY in June/July 2025. The Milestone Inspection is done and the repairs will see the building through to the next inspection in 10 years. The owners received 70K per year pre -Ian in rental income (after all rental expenses) and this is projected to 100K in 2026 (proforma attached). Some photos show pre-IAN and others show a recent remodel of the same type of unit. ALL ASSESSMENTS PAID INCLUDING $87,909 which was paid May 30 2025.
Contact an agent
Home facts
- Year built:1979
- Listing Id #:225039451
- Added:118 day(s) ago
- Updated:August 09, 2025 at 07:22 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:949 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Built Up, Flat
- Year built:1979
- Building area:949 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$849,000
- Price per sq. ft.:$758.71
- Tax amount:$3,012 (2024)
New listings near 500 Estero Boulevard #494
- New
$1,199,000Active2 beds 2 baths1,266 sq. ft.2800 Estero Boulevard #1006, Fort Myers Beach, FL 33931
MLS# 225066034Listed by: PREMIERE PLUS REALTY COMPANY - New
$525,000Active2 beds 4 baths1,359 sq. ft.8401 Estero Boulevard #304, Fort Myers Beach, FL 33931
MLS# 225066514Listed by: WILLIAM RAVEIS REAL ESTATE - New
$699,000Active3 beds 3 baths1,920 sq. ft.8080 Lagoon Road, Fort Myers Beach, FL 33931
MLS# 225066126Listed by: PREMIERE PLUS REALTY COMPANY - New
$489,500Active2 beds 2 baths1,059 sq. ft.22748 Island Pines Way #401, Fort Myers Beach, FL 33931
MLS# 2025005566Listed by: EVENTIDE REALTY SERVICES LLC - New
$499,950Active0 Acres145 Jefferson Street, Fort Myers Beach, FL 33931
MLS# 2025005469Listed by: PREMIERE PLUS REALTY COMPANY - New
$425,000Active2 beds 3 baths1,214 sq. ft.4521 Bay Beach Lane #325, Fort Myers Beach, FL 33931
MLS# 225066204Listed by: PREMIERE PLUS REALTY COMPANY - New
$650,000Active0 Acres5397 Palmetto Street, Fort Myers Beach, FL 33931
MLS# 2025003375Listed by: JACK KELLER INC - New
$975,000Active3 beds 3 baths1,306 sq. ft.226 Connecticut Street, Fort Myers Beach, FL 33931
MLS# 2025005503Listed by: KELLER WILLIAMS FORT MYERS - New
$825,000Active2 beds 2 baths1,244 sq. ft.6670 Estero Boulevard #A604, Fort Myers Beach, FL 33931
MLS# 2025005210Listed by: JOHN R. WOOD PROPERTIES - New
$468,000Active0 Acres7930 Buccaneer Drive, Fort Myers Beach, FL 33931
MLS# 225066416Listed by: PREMIERE PLUS REALTY COMPANY
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each Office is Independently Owned and Operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.