For Sale House MLS# 2026028238

197 Madison CT

FORT MYERS BEACH, FL 33931

$975,000

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About 197 Madison CT

Welcome to your fully renovated coastal retreat, perfectly suited as both a vacation home and an exceptional investment opportunity with a very strong rental history. This spacious property comfortably sleeps up to 12 guests and is located in a highly desirable *WEEKLY RENTAL* community with private beach access. Thoughtfully updated throughout, the home features a brand-new kitchen with quartz countertops, new appliances, and beautifully remodeled bathrooms with tiled walk-in showers and frameless glass doors. Additional living space on the lower level offers a versatile bonus room, while the upper-level screened porch and lower-level lanai provide inviting outdoor spaces to relax and entertain. Major improvements completed in 2025 include a brand-new heated pool, new Hardie board siding, a new privacy fence, and a new lower-level HVAC system. The pool equipment has been elevated to help protect against flooding, and both the pool equipment and HVAC are backed by 5-year manufacturer warranties. This property has a proven history of strong weekly rental income and is being offered with the opportunity to convey existing reservations. Whether you’re looking for a personal beach getaway or an income-producing property, this home offers the perfect combination of modern updates, coastal charm, and outstanding rental potential.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1992
Stories
1
Living area
1,008 sqft
Price / sqft
$967
Lot
0.088
Full baths
2
Furnished
Negotiable
Original price
$975,000
MLS #
2026028238

Interior

Features
true, Ceiling Fan(s), Central Electric, Breakfast Bar, Eat-in Kitchen, Smoke Detectors, true, Central Electric, Island, Laundry in Residence, Tile, Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Appliances
Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Flooring
Tile
Heating
true, Central Electric
Cooling
true, Ceiling Fan(s), Central Electric
Laundry
Laundry in Residence

Exterior & lot

Features
Below Ground, Concrete, Two Story, Single Family, Screened Balcony, Outdoor Shower, Driveway Paved, Parking spaces: 0
Construction
Wood Frame, Stucco, 1, Metal, Shingle
Roof
Metal, Shingle
Lot
View, TFC2, EUCALYPTUS PARK BLK A PB 4 PG 34 LOTS 5 + 6 OR 852 PG 197, 29-46-24-W1-0020A.0050, Fenced, None/Other
Fence
Fenced
Pool
Below Ground, Concrete
Parking
Driveway Paved

Schools

District
Lee County School District

Utilities

Utilities
Central
Water
Central
Security
Smoke Detector(s)

Financial

Financial
Florida Gulf Coast
Annual tax
$7,645
Tax year
2025
Parcel
29-46-24-W1-0020A.0050
Legal
EUCALYPTUS PARK BLK A PB 4 PG 34 LOTS 5 + 6 OR 852 PG 197

Location

Subdivision
EUCALYPTUS PARK
Area
EUCALYPTUS PARK
County
Lee
Neighborhood
Eucalyptus Park
Community
Lee, Beach Access, 0.0, Florida Gulf Coast

Location

Neighborhood
Eucalyptus Park
Subdivision
EUCALYPTUS PARK
School district
Lee County School District

Ask about this property

Questions on 197 Madison CT, FORT MYERS BEACH, FL 33931, or want to see it in person?

Listed by Jorge Barrera, Premiere Plus Realty Company

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.