NOT LISTED FOR SALE

Palms of Bay Beach Fort Myers Beach, FL 33931

Estimated Value: $455,589 - $502,000

2 Beds
2 Baths
1,024 Sq Ft
14,850 Sq Ft Lot

Sale Details

Date Sold: January 31, 2022

Last sale price $515,000 $503 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,966 / mo

237 Days on Market

Highlights

  • Community Beach Access
  • Community Boat Dock
  • Access to Bay or Harbor
  • Fort Myers Beach Elementary School Rated A-
  • Home fronts navigable water
  • Fitness Center

About This Home

As of January 2022

Island Living......Beautiful panoramic Bay views: Gulf views from the kitchen window as well. All just newly updated: kitchen cabinets, granite countertop, range hood, stove, dishwasher, freezer, furniture and luxury vinyl plank flooring. A must see.......

Last Agent to Sell the Property

Dorene Cain

Royal Shell Real Estate, Inc. License #376511524 Listed on: 06/07/2021

Last Buyer's Agent

Mike Koch

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,191

Year Built

  • Built in 1978

Lot Details

  • Home fronts navigable water
  • Southwest Facing Home
  • Zero Lot Line

Property Views

  • Bay
  • Gulf

Home Design

  • Entry on the 5th floor
  • Flat Roof Shape
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,024 Sq Ft Home
  • Furnished
  • Built-In Features
  • Tray Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Attached Carport Space
  • Guest Parking

Outdoor Features

  • Access to Bay or Harbor
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block C / 3505
  • Assessor Parcel Number 03-47-24-W3-03505.00C0

Community Details

Overview

  • No Home Owners Association
  • Association fees include cable TV, internet, irrigation water, legal/accounting, ground maintenance, pest control, reserve fund, sewer, trash, water
  • 152 Units
  • Association Phone (239) 437-0430
  • Mid-Rise Community
  • The Palms Of Bay Beach Subdivision
  • 7-Story Property

Amenities

  • Clubhouse
  • Elevator
  • Secure Lobby
  • Bike Room

Recreation

  • Community Boat Dock
  • Pier or Dock
  • Community Beach Access
  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,191

Year Built

Built in 1978

Lot Details

0.34 Acres

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.3409
  • Ownership: Condo
  • Subdivision Name: THE PALMS OF BAY BEACH
  • Directions: Estero Blvd to Bay Beach Lane to 4203 Bay Beach Land (last Palms building on left, before Waterside gate.
  • Architectural Style: Other, Mid Rise
  • Carport Y N: Yes
  • Entry Level: 5
  • Garage Yn: No
  • Year Built: 1978
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Built-in Features, Tray Ceiling(s), Living/Dining Room, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), High Speed Internet, Split Bedrooms
  • Living Area: 1024.0
  • Stories: 7
  • Window Features: Single Hung, Sliding, Impact Glass, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Bay, Gulf, Partial
  • View: Yes
  • Waterfront Features: Bay Access, Navigable Water
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Underground, Guest, One Space, Attached Carport

Utilities

  • Laundry Features: Inside
  • Security: Lobby Secured, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Elevator
  • Amenities: Beach Rights, Beach Access, Bike Storage, Clubhouse, Fitness Center, Pier, Pool, Trail(s), Trash
  • Phone: 239-437-0430
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Internet, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 03-47-24-W3-03505.00C0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 152

Tax Info

  • Tax Annual Amount: 3191.0
  • Tax Block: 3505
  • Tax Lot: C
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2025
Sold by
Maloney Alexander D and Maloney Regina V
Bought by
Maloney Living Trust and Maloney
Current Estimated Value
$475,816

Purchase Details

Closed on
Feb 14, 2025
Sold by
Edward Murer and Ann Elizabeth
Bought by
Maloney Alexander and Maloney Regina V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,250
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jan 31, 2022
Sold by
Schultz Craig A and Schultz Connie A
Bought by
Murer Sergio Edward and Murer Elizabeth Ann
Seller's Agent
Dorene Cain
Royal Shell Real Estate, Inc.
Buyer's Agent
Mike Koch
List Price
$510,000
Sold Price
$515,000
Premium/Discount to List
$5,000
0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.55%

Purchase Details

Listed on
Aug 20, 2019
Closed on
Jan 31, 2020
Sold by
Arthur Nancy Lee and Arthur Fred H
Bought by
Schultz Craig A and Schultz Connie A
Seller's Agent
Mike Koch
Royal Shell Real Estate, Inc.
Buyer's Agent
Dorene Cain
Royal Shell Real Estate, Inc.
List Price
$424,900
Sold Price
$380,000
Premium/Discount to List
-$44,900
-10.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%

Purchase Details

Closed on
May 16, 2006
Sold by
Arthur Nancy Lee M and Arthur Fred H
Bought by
Arthur Fred H and Arthur Nancy Lee

Purchase Details

Closed on
Apr 20, 2001
Sold by
Lahtela Albert E
Bought by
Arthur Nancy Lee M

Purchase Details

Closed on
May 4, 2000
Sold by
Lahtela Albert E and Lahtela Helen F
Bought by
Lahtela Helen F
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maloney Living Trust $100 None Listed On Document
Maloney Alexander $499,000 Accent Title
Murer Sergio Edward $515,000 Accent Title
Schultz Craig A $380,000 Accent Title Ins Agcy Inc
Arthur Fred H -- Attorney
Arthur Nancy Lee M $219,000 --
Lahtela Helen F $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maloney Alexander $374,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2022 01/31/22 Sold $515,000 +1.0% $503 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
06/07/2021 06/07/21 For Sale $510,000 +34.2% $498 / Sq Ft
01/31/2020 01/31/20 Sold $380,000 -10.6% $371 / Sq Ft View Prior Sale
01/01/2020 01/01/20 Pending -- -- --
08/20/2019 08/20/19 For Sale $424,900 -- $415 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $4,839 $344,318 -- $344,318
2024 $4,839 $359,754 -- $359,754
2023 $827 $58,655 $0 $58,655
2022 $5,219 $347,948 $0 $0
2021 $4,571 $316,316 $0 $316,316
2020 $3,191 $243,209 $0 $0
2019 $3,133 $237,741 $0 $0
2018 $3,020 $233,308 $0 $0
2017 $3,014 $228,509 $0 $0
2016 $2,995 $275,433 $0 $275,433
2015 $3,027 $260,500 $0 $260,500
2014 $3,037 $241,500 $0 $241,500
2013 -- $222,200 $0 $222,200
Source: Public Records

Agents Affiliated with this Home

  • Dorene Cain

    Seller's Agent in 2022

    Dorene Cain

    Royal Shell Real Estate, Inc.

    (309) 838-4417

    15 in this area

    24 Total Sales

    Dorene Cain
    Section Image

  • M

    Buyer's Agent in 2022

    Mike Koch

    Section Image
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About Palms of Bay Beach

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221042205

Florida Gulf Coast Multiple Listing Service

APN: 03-47-24-W3-03505.00C0

Florida Lee County Fort Myers Beach

33931

Not Listed for Sale

Condos

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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 2026 Southwest Florida Multiple Listing Service. All Rights Reserved

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