$2,150,000
SOLD SEP 23, 2022

5503 Estero Blvd Fort Myers Beach, FL 33931

9 Beds
5 Baths
3,500 Sq Ft
5,619 Sq Ft Lot

Recently Sold

$614 Per Sq Ft

14% Below List Price

64 Days on Market

Highlights

  • Community Beach Access
  • Deck
  • Patio
  • Fort Myers Beach Elementary School Rated A-
  • Cooling System Mounted In Outer Wall Opening
  • Ceiling Fan

About This Home

As of September 2022

Completely renovated to the nines with over 450k put into this prime located property. Completely gutted, new everything including roof, plumbing, kitchen, over 20k in top of the line appliances, bathrooms and deck, over 30k in Landscaping. All top of the line decor. This sharp quad unit is ready for your vacation rental guests. Start generating over 200k+ income immediately as all the hard work is complete. Located directly across the street from the beach with great beach access! Don't miss this great investment opportunity to RENT WEEKLY, MONTHLY or ANNUALLY!!! One unit has 3 bed/2 full, the other 3 units have 2 Bed/1 Bath. Each unit has its own porch/patio for a sitting area. Great mid-island LOCATION, walking distance to Publix, shopping, restaurants, and more. The opportunities are endless with this property. Seller would accept owner financing with 40% down minimum over 3 years interest only.

Last Agent to Sell the Property

Daniel Clarkston

DomainRealty.com LLC License #258027589 Listed on: 07/19/2022

Last Buyer's Agent

Steve Bacardi

Coldwell Banker Realty License #279501177

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,208

Year Built

  • Built in 1957

Lot Details

  • 5,619 Sq Ft Lot
  • Lot Dimensions are 45 x 125 x 45 x 125

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System

Listing and Financial Details

  • Legal Lot and Block 14 / 4
  • Assessor Parcel Number 33-46-24-W1-00204.0140

Community Details

Overview

  • 4 Units
  • Gulf Heights Subdivision

Recreation

  • Community Beach Access

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $175,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,208

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.129
  • Lot Size: 45 x 125 x 45 x 125
  • Subdivision Name: GULF HEIGHTS
  • Directions: Direclty off Estero Blvd, corner of Dakota.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built: 1957
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 5
  • Total Bedrooms: 9
  • Flooring: See Remarks, Vinyl
  • Window Features: Other

Exterior Features

  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: See Remarks, Wood Frame
  • Exterior Features: Deck, Patio
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Beach Rights, Beach Access
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 33-46-24-W1-00204.0140
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 175000.0

Tax Info

  • Tax Annual Amount: 7208.18
  • Tax Block: 4
  • Tax Lot: 14
  • Tax Year: 2021

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $949,000 -13.6% --
02/24/2025 02/24/25 Price Changed $1,099,000 -8.4% --
02/13/2025 02/13/25 For Sale $1,200,000 -44.2% --
09/23/2022 09/23/22 Sold $2,150,000 -14.0% $614 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $2,500,000 +267.6% $714 / Sq Ft
02/16/2021 02/16/21 Sold $680,000 -2.7% $194 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
11/21/2020 11/21/20 For Sale $699,000 -- $200 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Julian Cousineau

    Seller's Agent in 2025

    Julian Cousineau

    Keller Williams Realty Naples

    (201) 663-2671

    Julian Cousineau
    Section Image
  • Daniel Clarkston

    Seller's Agent in 2022

    Daniel Clarkston

    DomainRealty.com LLC

    (239) 204-3816

    7 in this area

    40 Total Sales

    Daniel Clarkston
    Section Image
  • Steve Bacardi

    Buyer's Agent in 2022

    Steve Bacardi

    Coldwell Banker Realty

    (239) 272-2387

    5 in this area

    316 Total Sales

    Steve Bacardi
    Section Image
  • Jeff Nesbit

    Seller's Agent in 2021

    Jeff Nesbit

    Nesbit Real Estate, Inc.

    (239) 826-2785

    34 in this area

    50 Total Sales

    Jeff Nesbit
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Carmen Nesbit

    Nesbit Real Estate, Inc.

    (239) 848-7505

    31 in this area

    63 Total Sales

    Carmen Nesbit
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222044134

Florida Gulf Coast Multiple Listing Service

Florida Lee County Fort Myers Beach 33931

5503 Estero Blvd, Fort Myers Beach, FL

This home is located at 5503 Estero Blvd, Fort Myers Beach, FL 33931 and is currently priced at $2,150,000, approximately $614 per square foot. This property was built in 1957. 5503 Estero Blvd is a home located in Lee County with nearby schools including Fort Myers Beach Elementary School, Cypress Lake Middle School, and Bonita Springs Middle Center for the Arts.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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