500 Estero Blvd Unit 494, Fort Myers Beach, FL 33931

$810,000
2
BD
2
BA
949
SqFt

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Sold Price
$810,000
List Price
$849,000
Listing Price
$849,000
Days on Market
127
Closing Date
Aug 22, 2025
MLS#
225039451
Bedrooms
2
Bathrooms
2
Living Sq. Ft
949
Total Area
1,119
Property Class
Condo
Building Design
High Rise (8+)
County
Lee
Region
FB01 - Bodwitch Pointe to Cresce
Development
Gateway Villas
Building Name
Gateway Villas

Property Description

Sold unfurnished and without appliances.. 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. 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). 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. 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.

Additional Information

Year Built
1979
furnished
Unfurnished
Pets
Number Limit
Amenities
Beach - Private, Beach Access, Pool, Private Membership, Gated
View
Gulf, Gulf and Bay
Boat Access
None
Waterfront Description
Gulf Frontage, On the Gulf Beach
Lot Description
Dead End
Construction
Concrete Block, Piling, Concrete, Stucco
Parking
1 Assigned, Guest
Roof
Built-Up or Flat
Flooring
Tile
Windows
Impact Resistant, Impact Resistant Windows
Exterior Features
Outdoor Shower
Water
Central
Sewer
Central
Cooling
Central Electric
Irrigation
Other
Interior Features
Common Elevator, Split Bedrooms, Great Room, Entrance Foyer
Equipment/Appliances Included
None
Dining Description
Breakfast Bar, Dining - Family
Master Bath Description
Shower Only
Total Tax Bill
$3,012
Tax Year
2024
Condo Fee
$781
Condo Fee Frequency
Monthly
Total Floors
1
Min. Days Of Lease
7
Num of Leases/Yr
52

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Listing courtesy of Keller Williams Realty Fort Myers and the Islands. Selling Office: Keller Williams Realty Fort Myers and the Islands.