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340 Crescent St, Fort Myers Beach, FL, 33931

3beds
4baths
2,048sqft
$1,999,999
$977price/sqft
$14,094/moest. monthly cost
$563,760/yrincome needed

About This Home

GREAT OPPORTUNITY to own property in the Time Square Area of Fort Myers Beach! Lot is zoned commercial for 10 units and below! This Duplex offers a 2 bedroom 1 bathroom upstairs and a 1 bedroom 2 bath downstairs. This lot has 70 FEET of Frontage, dock, fish cleaning station, boat lift, large grass backyard (with irrigation) & 2 patios facing the water. Just steps away from the BEACH, DINING, SHOPPING & ENTERTAINMENT! You cannot get any closer to the hustle & bustle Fort Myers Beach! Whether you're an investor, looking for your own vacation cottage, looking to build something more to suit your needs, or even a bed & breakfast this property has it! Seller Financing is available to qualified Buyers. **Select photos include AI-generated conceptual renderings illustrating potential renovation possibilities. Renderings are for visualization purposes only and do not represent the property's current condition. Improvements shown are not included in the sale, and no representation is made regarding feasibility, permitting, cost, or approval**

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
66
BikeBikeable

Schools

4/10
Lexington Middle SchoolGrades 6-83.8 mi
5/10
Cypress Lake High SchoolGrades 9-126.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1954

Materials

  • Roof: Built-Up,Flat,Roof Over,Shingle
  • Construction materials: Wood Siding,Wood Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other,Two Story,Duplex
  • Property subType: Duplex,Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Cooktop,Freezer,Disposal,Ice Maker,Microwave,Refrigerator,RefrigeratorWithIce Maker,Self Cleaning Oven,Washer
  • Laundry features: Washer Hookup,Dryer Hookup,Inside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Built-in Features,Bedroom on Main Level,Bathtub,Family/Dining Room,Living/Dining Room,Pantry,Separate Shower,Tub Shower,Upper Level Primary,Walk-In Closet(s),Home Office,Bathroom,Family Room,Guest Quarters,Office
  • Window features: Single Hung
  • Flooring: Laminate

Heating & Cooling

  • Heating features: Wall Furnace,Zoned
  • Cooling features: Ceiling Fan(s),Wall Unit(s),Zoned

Interior Area

  • Total structure area: 2,048
  • Total interior livable area: 2,048 sqft

Property

Details

  • Parcel number: 194624W40150E.0170
  • Attached to another structure: Yes
  • Lease amount: 0
  • Zoning description: RM-2

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Fence,None
  • Has view: Yes
  • View description: Bay,Canal
  • Has water view: Yes
  • Water view: Bay,Canal
  • On waterfront: Yes
  • Waterfront features: Bayfront,Canal Access

Lot

  • Lot size: 8,389 sqft
  • Features: Rectangular Lot
  • Lot size dimensions: 70 x 107 x 70 x 107

Parking

  • Parking features: Driveway,Unpaved
  • 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
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters in Lee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $10,113$121,356
Home Insurance *$1,490$17,880
Property Taxes $2,285$27,420
Electricity $206$2,473
Total$14,094$169,128
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$483,222/yr
40% on housing$422,820/yr
45% on housing$375,840/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 15.2%
15.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$977This listing

vs Other Active Listings

Avg $/sqft

ZIP 33931$614
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33931$520
Lee County$222

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

DateEventPrice
2026-04-22Price change$1,999,999
2025-04-26Listed for sale$2,200,000

For Sale by Agent

AgentJoshua Cutler
BrokerageIntegrity Real Estate & Property Management Inc.

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