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500 Estero Blvd APT 195, Fort Myers Beach, FL, 33931

3beds
3baths
1,725sqft
$2,195,000
$1,272price/sqft
$15,488/moest. monthly cost
$619,520/yrincome needed

About This Home

BUILDER-READY PRICING! Welcome to Gateway Villas at DaBeach on Estero Island—perfectly positioned along the highly sought-after north end of Fort Myers Beach. Nestled on the pristine one-mile stretch of sand between Times Square and Bowditch Point Park, Gateway Villas is a gated beachfront condominium complex of just 46 residential units, offering rare weekly rental capability—a premier advantage for exceptional income potential on the new Estero Island. This first-floor residence ( only one of 2 three bedroom units in the building) is currently Builder-Ready, providing a blank canvas to design your dream beachfront escape. The seller will transfer the unit as-is at the present list price, allowing you to choose your own finishes and layout. Interior construction is now beginning; As construction milestones are completed, the price will increase—secure tremendous value by purchasing early. Gateway Villas features a large and welcoming geothermal heated pool, grilling area, and gated ,open parking for owners and guests. Step directly onto the sand with quick and easy beach access right outside your door. Enjoy a short walk to Times Square and the future Estero Island entertainment district—making this an unbeatable location for lifestyle and revenue. With its weekly rental flexibility and unmatched beachfront setting, Gateway Villas remains one of the strongest revenue-producing properties on Estero Island. A true island gem—don’t miss the chance to customize your perfect getaway and invest in the future of Fort Myers Beach.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
58
BikeBikeable

Schools

3/10
Lexington Middle SchoolGrades 6-84.1 mi
5/10
Cypress Lake High SchoolGrades 9-126.9 mi

Construction

Condition

  • Property condition: Known Damage
  • Year built: 1979

Materials

  • Roof: Built-Up,Flat
  • Construction materials: Block,Concrete,Stucco

Type & Style

  • Home type: Condo
  • Architectural style: Other,High Rise
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Living/Dining Room,Tub Shower,Split Bedrooms
  • Window features: Sliding
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,050
  • Total interior livable area: 1,725 sqft

Property

Details

  • Parcel number: 244623W102300.1950
  • Attached to another structure: Yes
  • Lease amount: 0

Features

  • Pool features: Community
  • Patio & porch: Balcony,Screened
  • Exterior features: None,Other
  • Has view: Yes
  • View description: Gulf
  • Has water view: Yes
  • Water view: Gulf
  • On waterfront: Yes
  • Waterfront features: Beach Front,Gulf

Lot

  • Lot size: 0.26 Acres
  • Features: Zero Lot Line

Parking

  • Parking features: Common

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 $11,099$133,188
Home Insurance *$1,636$19,632
Property Taxes $2,556$30,672
Electricity $197$2,366
Total$15,488$185,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$531,017/yr
40% on housing$464,640/yr
45% on housing$413,013/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

$1,272This listing

vs Other Active Listings

Avg $/sqft

ZIP 33931$612
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
2025-12-06Listed for sale$1,895,000
2023-12-31Listing removed--
2023-02-28Listed for sale$2,195,000
2017-09-28Sold$1,250,000
2017-08-28Pending sale$1,299,000
2017-03-28Listed for sale$1,299,000
2013-11-20Sold$750,000
2013-09-18Pending sale$750,000
2013-09-16Listed for sale$750,000

For Sale by Agent

AgentThaddeus Deitriech
BrokerageParadise Realty of SWFL LLC

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