For Sale Condo MLS# 2026009307

5480 Estero BLVD 103

FORT MYERS BEACH, FL 33931

$694,000

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About 5480 Estero BLVD 103

Discover the effortless beauty of coastal living in this direct Gulf-front 2-bedroom, 2-bath residence, perfectly positioned on the elevated first floor — offering an exceptional balance of privacy, security, and breathtaking panoramic views while remaining just steps from the sand. From the moment you arrive, the Gulf becomes the backdrop to everyday life. Morning coffee is accompanied by the soothing rhythm of waves, salty coastal breezes, and endless horizon views stretching toward Sanibel and Captiva. Evenings deliver the iconic Fort Myers Beach sunsets — vibrant skies reflecting across the water just beyond your door. The thoughtfully designed layout offers comfortable living spaces, spacious bedrooms with private baths, and an open gathering area ideal for relaxing after sun-filled beach days. The elevated position provides additional peace of mind while still allowing effortless access to the shoreline. Designed for both personal enjoyment and investment performance, this hotel-condo residence permits short-term rentals with a 3-day minimum and offers onsite management services, creating a truly turnkey ownership experience with strong income potential and minimal owner involvement. Prior to Hurricane Ian, the property generated approximately $80,000 in annual rental income, demonstrating its proven earning capability. With beachfront inventory continuing to tighten and redevelopment transforming Fort Myers Beach, opportunities to secure Gulf-front ownership at this price point are becoming increasingly rare. This is the lifestyle everyone comes to the island for. This is more than a property — it’s an opportunity.

Property details

Property

Type
Mid Rise (4-7)
MLS type
Condo
Status
Active
Year built
2004
Stories
1
Living area
880 sqft
Price / sqft
$789
Lot
0.0744
Full baths
2
Furnished
Turnkey
Original price
$694,000
MLS #
2026009307

Interior

Features
true, Ceiling Fan(s), Central Electric, Dining - Living, Built-In Cabinets, Fire Sprinkler, Smoke Detectors, Window Coverings, true, Central Electric, Washer/Dryer Hookup, Laundry in Residence, Vinyl, Electric Cooktop, Dryer, Microwave, Refrigerator/Freezer, Washer, Accessible Full Bath
Appliances
Electric Cooktop, Dryer, Microwave, Refrigerator/Freezer, Washer
Flooring
Vinyl
Heating
true, Central Electric
Cooling
true, Ceiling Fan(s), Central Electric
Laundry
Washer/Dryer Hookup, Laundry in Residence
Windows
Window Coverings

Exterior & lot

Features
Community, Below Ground, Concrete, Mid Rise (4-7), Screened Balcony, Screened Lanai/Porch, Storage, Storage, Common, Parking spaces: 0
Construction
Concrete Block, Stucco, 1, Concrete Block, Built-Up, Window Coverings
Roof
Built-Up
Foundation
Concrete Block
Lot
Gulf, View, CPD, CORNERSTONE BEACH RESORT DESC IN OR 4256 PG 2256 BLDG 1 UNIT 103, 33-46-24-W1-03501.0103, No RV
View
Gulf
Pool
Community, Below Ground, Concrete
Waterfront
Gulf Frontage
Parking
Common

Schools

District
Lee County School District

Utilities

Utilities
Central
Water
Central
Security
Fire Sprinkler System, Smoke Detector(s)

Financial

HOA
Yes
Financial
Florida Gulf Coast
Annual tax
$4,266
Tax year
2025
Parcel
33-46-24-W1-03501.0103
Legal
CORNERSTONE BEACH RESORT DESC IN OR 4256 PG 2256 BLDG 1 UNIT 103

Location

Subdivision
CORNERSTONE
Area
CORNERSTONE
County
Lee
Neighborhood
Gulf Heights
Community
Lee, Paved, Barbecue, Beach Access, Bike And Jog Path, Bike Storage, Pool, Internet Access, 20892.0, Monthly, Florida Gulf Coast

Location

Neighborhood
Gulf Heights
Subdivision
CORNERSTONE
School district
Lee County School District

Ask about this property

Questions on 5480 Estero BLVD 103, FORT MYERS BEACH, FL 33931, or want to see it in person?

Listed by Rachel Danzi, Text Me Realty

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.