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5300 Estero BLVD, Fort Myers Beach, FL, 33931

6beds
9baths
5,370sqft
$8,975,000
$1,671price/sqft
$63,115/moest. monthly cost
$2,524,600/yrincome needed

About This Home

5300 Estero offers an Exceptional Gulf-Front Investment & Development Opportunity! Rare assemblage of FIVE (5) contiguous lots totaling approximately 0.70 acres with 140 feet of Gulf frontage and 270 feet of depth on Fort Myers Beach. Zoned for NEW ELEVATED construction with pools, this site offers unmatched flexibility—ideal for a luxury beachfront development, boutique resort, or multi-home investment project. Combine with the adjoining 5256 Estero Boulevard assemblage THREE (3) contiguous lots for a total of 1.25 acres and 210 feet of Gulf frontage, creating one of the largest continuous beachfront holdings on the island. This expanded configuration offers potential for up to NINE SINGLE FAMILY HOMES or a signature Gulf-front resort concept. With limited Gulf-front inventory and rising demand for premier coastal development sites, this property represents an extraordinary opportunity for investors, developers, or portfolio builders seeking long-term value and scale in one of Southwest Florida’s most desirable beachfront markets.

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

3/10
Lexington Middle SchoolGrades 6-84.5 mi
4/10
Estero High SchoolGrades 9-127.4 mi

Construction

Condition

  • Year built: 1991

Materials

  • Roof: Metal
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 9
  • Full bathrooms: 9

Dining Room

  • Features: Other

Features

  • Other,Additional Rooms - None
  • Window features: Storm Protection (Other)

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,370
  • Total interior livable area: 5,370 sqft

Property

Details

  • Parcel number: 334624W100206.0100
  • Zoning: RM-2

Features

  • Stories: 2
  • Has view: Yes
  • View description: Gulf,Water
  • Has water view: Yes
  • Water view: Gulf,Water
  • On waterfront: Yes
  • Waterfront features: Gulf Frontage,On the Gulf Beach

Lot

  • Lot size: 0.70 Acres
  • Features: Oversize

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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
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 $45,382$544,584
Home Insurance *$6,690$80,280
Property Taxes $10,503$126,036
Electricity $540$6,485
Total$63,115$757,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,163,942/yr
40% on housing$1,893,450/yr
45% on housing$1,683,066/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

$1,671This listing

vs Other Active Listings

Avg $/sqft

ZIP 33931$607
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)

No zestimate history available

Price History

DateEventPrice
2025-11-25Price change$11,500,000
2025-08-27Listed for sale$13,000,000

Pre-Foreclosure - For Sale by Agent

AgentJ Alex King
BrokeragePremiere Plus Realty Company

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