$549,000
$50K PRICE DROP

118 Mandalay Rd Fort Myers Beach, FL 33931

Estimated payment $3,465/month

Total Views 1,146
0.15 Acre
$3,611,842 Price per Acre
6,621 Sq Ft Lot

Highlights

  • Rectangular Lot
  • Fort Myers Beach Elementary School Rated A-
  • Brush Vegetation

About This Lot

Island Opportunity Knocks—Build Across from the Gulf! Dreaming of Gulf-front living without the Gulf-front price tag? This oversized, buildable 0.152-acre lot (72’ x 94’) in the exclusive Gulf Island Manor Beach Community is your golden ticket. Located directly across the street from the stunning white sands of the Gulf, this premium parcel offers the ultimate blend of coastal charm, community perks, and serious income potential. Picture this: your custom island retreat, steps from the sand, perfectly positioned for sunset views and salty breezes. Even better? This lot is a vacation rental dream—an ideal AirB&B investment in one of Ft. Myers Beach’s most coveted neighborhoods. As a resident of Gulf Island Manor Beach, you’ll enjoy: Private Bayfront Park with gazebo, fishing pier, boat slips, and a 40-ft dock, a private beachfront lot with gazebo, outdoor shower, tables, chairs, bike rack & parking. You will also have unmatched proximity to Margaritaville, Publix, restaurants, shops, the marina & more! With side street access for easier building and extra design flexibility, this lot is ready for your vision—whether it’s a chic coastal cottage, luxe vacation getaway, or an income-generating rental powerhouse. Island land is limited. Gulf access is priceless. Don’t miss your chance to own in the best beach community on the island. Build your dream, build your future—right here across from the Gulf. Ready to ride the wave of investment potential?

Listing Agent

Tara Olson

KW Elevate Luxury License #258018568 Listed on: 05/06/2025

KW Elevate Luxury

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,893

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 72 x 94 x 71 x 93
  • Southeast Facing Home
  • Brush Vegetation
  • Rectangular Lot
  • Cleared Lot
  • Property is zoned RS-1

Utilities

  • Cable TV Available

Community Details

  • Gulf Island Manor Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / B
  • Assessor Parcel Number 29-46-24-W2-0050B.0030

Property Details

Property Type

Land

Est. Annual Taxes

$6,893

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.152
  • Lot Size: 72 x 94 x 71 x 93
  • Road Surface Type: Paved
  • Subdivision Name: GULF ISLAND MANOR
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Rectangular Lot, See Remarks
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s)
  • Direction Faces: Southeast
  • Property Condition: To Be Built

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 29-46-24-W2-0050B.0030
  • Zoning Description: RS-1

Tax Info

  • Tax Annual Amount: 6893.0
  • Tax Block: B
  • Tax Lot: 3
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,128 $472,001 $472,001 --
2024 $7,128 $531,916 $531,916 --
2023 $1,020 $114,020 $0 $0
2022 $1,427 $110,699 $0 $0
2021 $1,378 $357,485 $169,897 $187,588
2020 $1,374 $105,991 $0 $0
2019 $1,336 $103,608 $0 $0
2018 $1,285 $101,676 $0 $0
2017 $1,270 $99,585 $0 $0
2016 $1,248 $288,141 $156,115 $132,026
2015 $1,248 $235,901 $155,439 $80,462
2014 $1,235 $221,698 $101,904 $119,794
2013 -- $197,894 $141,560 $56,334
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Price Changed $549,000 -8.3% --
04/28/2025 04/28/25 For Sale $599,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $100 None Listed On Document
Quit Claim Deed -- --
Warranty Deed -- --
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225044880

Florida Gulf Coast Multiple Listing Service

APN: 29-46-24-W2-0050B.0030