168 Chapel ST, Fort Myers Beach, FL, 33931
About This Home
Exceptional new construction offering panoramic canal views and positioned on a weekly rental street with strong income potential. This elevated three-level residence features 5 bedrooms and 7 bathrooms and is thoughtfully designed to accommodate up to 20 guests, making it one of the few homes of its kind on the island. The home offers a short walk to the beach, canal access, and an oversized lot, blending luxury coastal living with flexibility for use as a primary residence, second home, or short-term rental. Outdoor living is maximized with a private pool and spa, an expansive rear deck capturing canal breezes, a garage-level tiki bar, and a rooftop deck with sweeping sunrise-to-sunset views. Inside, the open-concept layout features custom furnishings, designer coastal finishes, and a spacious great room ideal for entertaining. The gourmet kitchen includes ample bar seating and flows seamlessly into a large dining area. The main living level offers a built-in bunk room with en-suite bath, while the upper level features four king bedrooms, each with its own private bathroom, providing comfort and privacy for guests. For buyers under contract early, there is potential flexibility to create a main-floor primary suite. Offered fully furnished and rental ready, including furnishings, games, golf cart, ice machine, and more. With strong rental performance in comparable markets, and potential 1031 exchange. This property represents a rare opportunity to own a high-performing island home with exceptional lifestyle appeal.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 2026
Materials
- Foundation: Concrete Block,Pillar/Post/Pier
- Roof: Metal
- Construction materials: Block,Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Cooktop,Dishwasher,Disposal,Dryer,Ice Maker,Microwave,Refrigerator/Icemaker,Washer
- Laundry features: Inside
Bedroom
- Features: First Floor Bedroom, Master BR Upstairs, Split Bedrooms, Two Master Suites
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Dining Room
- Features: Dining - Family, Eat-in Kitchen, Formal
Features
- Bar,Built-In Cabinets,Custom Mirrors,Smoke Detectors,Walk-In Closet(s),Balcony,Family Room,Guest Bath,Guest Room,Laundry in Residence,Open Porch/Lanai,Other Additional Rooms
- Door features: Impact Resistant Doors
- Window features: Impact Resistant Windows
- Flooring: Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 5,300
- Total interior livable area: 3,751 sqft
Kitchen
- Features: Island, Pantry
Property
Details
- Parcel number: 194624W30120B.0100
- Zoning: TFC2
Features
- Levels: Multi/Split
- Stories: 4
- Private pool: Yes
- Pool features: In Ground,Concrete,Salt Water
- Patio & porch: Deck,Patio,Open Porch/Lanai
- Exterior features: Dock,Boat Slip,Balcony,Outdoor Shower,Storage
- Has spa: Yes
- Spa features: In Ground,Concrete
- Fencing: Fenced
- Has view: Yes
- View description: Canal,Mangroves,Water
- Has water view: Yes
- Water view: Canal,Water
- On waterfront: Yes
- Waterfront features: Canal Front
Lot
- Lot size: 0.30 Acres
- Features: Across From Beach Access,Across From Waterfront,Oversize
Parking
- Total spaces: 2
- Parking features: Driveway,Golf Cart,Paved,Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Lee County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $22,749 | $272,988 |
| Home Insurance * | $3,353 | $40,236 |
| Property Taxes | $2,274 | $27,288 |
| Electricity | $377 | $4,529 |
| Total | $28,753 | $345,036 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-04 | Listed for sale | $4,499,000 |
| 2024-11-25 | Sold | $1,200,000 |
| 2024-08-07 | Pending sale | $1,470,000 |
| 2024-07-09 | Listed for sale | $1,470,000 |
| 2024-06-30 | Listing removed | -- |
| 2024-05-18 | Listed for sale | $2,480,000 |
| 2024-03-21 | Listing removed | -- |
| 2023-12-28 | Price change | $1,480,000 |
| 2022-12-30 | Listed for sale | $1,525,000 |
| 2022-08-26 | Listing removed | -- |
| 2022-03-22 | Listed for sale | $1,525,000 |
| 2019-06-19 | Listing removed | $489,000 |
| 2019-01-16 | Listed for sale | $489,000 |
| 2017-07-25 | Listing removed | $449,000 |
| 2017-05-02 | Price change | $449,000 |
| 2016-08-01 | Price change | $499,000 |
| 2016-05-31 | Listed for sale | $550,000 |
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