$874,500
$8M PRICE DROP

5551 Estero Blvd Fort Myers Beach, FL 33931

Estimated payment $5,196/month

Total Views 3,440
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Beach Access
  • Partial Gulf or Ocean Views
  • Rectangular Lot
  • Fort Myers Beach Elementary School Rated A-
  • No HOA

About This Home

Positioned on a 69' x 125' cleared lot, this property offers unmatched potential in the heart of Fort Myers Beach. With zoning for weekly/short-term rentals, it’s perfectly suited for a high-demand vacation rental, luxury residence, or investment project.

Located just steps from the beach and a few blocks south of Publix, this site delivers incredible exposure, walkability, and Gulf views—directly across from the former Lahaina Resort site, currently open for unobstructed vistas until future development.

Even more enticing, the adjacent 90' x 125' duplex-zoned parcel is also available, creating a rare opportunity to combine both properties. Together, they offer 159 feet of frontage and 125 feet of depth—a spectacular canvas for a large-scale development, luxury estate, or multiple rental units.

With easy access to Bonita Springs, Naples, shopping, dining, and entertainment, this location blends convenience with coastal lifestyle appeal. Be part of the Fort Myers Beach renaissance and secure this exceptional opportunity to invest, build, and grow in one of Southwest Florida’s most dynamic waterfront markets.

Listing Agent

Alex King

Premiere Plus Realty Company License #BEAR-3251534 Listed on: 09/03/2025

Premiere Plus Realty Company

Co-Listing Agent

Bettina Koss

Premiere Plus Realty Company License #BEAR-3578073

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,102

Lot Details

  • 8,451 Sq Ft Lot
  • 69 Ft Wide Lot
  • Rectangular Lot
  • Property is zoned TFC2

Home Design

  • House

Additional Features

  • Partial Bay or Harbor Views
  • Beach Access

Community Details

  • No Home Owners Association
  • Gulf Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-46-24-W1-00204.0200
  • Tax Block 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,102

Lot Details

0

Listing Details

  • Property Type: Land
  • Horses: No
  • Lot Features: Regular
  • Park Name: GULF HEIGHTS
  • Road Surface Type: Paved
  • Is Senior Community?: No
  • Has View?: Yes
  • Association Amenities: Beach Access
  • Has H O A?: No
  • Co List Office Mls Id: PREP
  • Co List Office Phone: (239) 732-7837
  • Co List Office Mls Id: PREP
  • Standard Status: Active
  • Subdivision Name: GULF HEIGHTS
  • Has Fireplace?: No
  • Is New Construction?: No
  • Structure Type: House
  • Boat Access: None
  • LastChangeTimestamp: 2025-09-04T06:36:24.280Z
  • Community Type: Non-Gated
  • BridgeModificationTimestamp: 2025-09-04T06:50:02.167Z
  • ListAgent_MUI: 31821265
  • CDOM: 179
  • DOM: 1
  • Lot Type: Residential Lot
  • NABOR_ListPrice: 874500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Possible Use: Single Family, Residential

Exterior Features

  • View: Partial Gulf
  • Waterfront Features: None

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No

Utilities

  • Sewer: None
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, None, Water Connected
  • Water Source: Central

Lot Info

  • Waterfront: No
  • Parcel Number: 33-46-24-W1-00204.0200
  • Current Use: 00-Vacant Residential
  • Lot Size Sq Ft: 8451
  • Additional Parcels: No
  • Zoning: TFC2

Rental Info

  • Lease Term: Buyer Finance/Cash

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7102.24
  • Tax Block: 4

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $7,102 $554,029 $519,201 --
2024 $7,102 $437,861 -- --
2023 $5,798 $398,055 $398,045 $10
2022 $7,385 $444,638 $0 $0
2021 $6,071 $417,502 $291,100 $126,402
2020 $5,557 $360,947 $291,100 $69,847
2019 $5,200 $335,123 $282,600 $52,523
2018 $5,077 $331,084 $282,600 $48,484
2017 $5,219 $337,533 $227,700 $109,833
2016 $4,909 $317,947 $227,700 $90,247
2015 $4,468 $275,498 $227,700 $47,798
2014 $4,101 $249,108 $198,000 $51,108
2013 -- $226,290 $105,900 $120,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2025 09/04/25 Price Changed $874,500 -90.0% --
09/03/2025 09/03/25 For Sale $8,745,000 +1066.0% --
01/16/2024 01/16/24 Sold $750,000 -3.2% $635 / Sq Ft View Prior Sale
12/30/2023 12/30/23 Pending -- -- --
12/06/2023 12/06/23 Price Changed $775,000 -13.9% $656 / Sq Ft
03/04/2023 03/04/23 For Sale $900,000 -- $762 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 Access Title Agency
Warranty Deed $585,000 Attorney
Warranty Deed $1,100,000 --
Warranty Deed -- --
Warranty Deed $179,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $172,500 Unknown
Previous Owner $850,000 Unknown
Closed $850,000 No Value Available
Source: Public Records

About the Listing Agent

Alex King

Premiere Plus Realty Company

(239) 388-2850

Section Image

Alex King Group (12 Local Agents) of Premiere Plus Realty are EXPERTS in SWFL’s REAL ESTATE Market and Lifestyle. In addition to being EXPERTS in buying and selling Single-family homes, Multifamily and Rental properties, Fixer-uppers, and Foreclosures, They are also a resource for our clients on an array of topics such as NEW CONSTRUCTION, Floorplans & Builder selections; FEMA 50% Remodeling in SWFL, Rental zoning, Rental Agencies & ProFormas; Gulf Access setbacks, CCL Lines, Turtle lights,

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Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 225069162

Multiple Listing Service of Bonita Springs-Estero

APN: 33-46-24-W1-00204.0200