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$549,000
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Property Description
Island Opportunity Knocks-Build Across from the Gulf! Dreaming of Gulf-front living without the Gulf-front price tag? This oversized, buildable 0.152-acre lot (72' x 94') in the exclusive Gulf Island Manor Beach Community is your golden ticket. Located directly across the street from the stunning white sands of the Gulf, this premium parcel offers the ultimate blend of coastal charm, community perks, and serious income potential. Picture this: your custom island retreat, steps from the sand, perfectly positioned for sunset views and salty breezes. Even better? This lot is a vacation rental dream-an ideal AirB&B investment in one of Ft. Myers Beach's most coveted neighborhoods. As a resident of Gulf Island Manor Beach, you'll enjoy: Private Bayfront Park with gazebo, fishing pier, boat slips, and a 40-ft dock, a private beachfront lot with gazebo, outdoor shower, tables, chairs, bike rack & parking. You will also have unmatched proximity to Margaritaville, Publix, restaurants, shops, the marina & more! With side street access for easier building and extra design flexibility, this lot is ready for your vision-whether it's a chic coastal cottage, luxe vacation getaway, or an income-generating rental powerhouse. Island land is limited. Gulf access is priceless. Don't miss your chance to own in the best beach community on the island. Build your dream, build your future-right here across from the Gulf. Ready to ride the wave of investment potential?
Full Property Details
Full Property Details for 118 Mandalay Rd
General
- Price: $549,000
- Taxes: $6,893 (2024)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 225044880
- Updated: 11/24/2025
- Added to Site: 257 day(s) ago
Additional Information
- Shared Amenities: Non-Gated
Location
- Area: FB03 - Gulf Beach Road to Avenid
- County: Lee
- Subdivision: GULF ISLAND MANOR
- Building Name: GULF ISLAND MANOR
- Direction Faces: Southeast
Community
- Association: Yes
- Assoc. Fees Include: None
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Landscaped Area
- Lot Size (Acres): 0.152
- Lot Size (Sq. Ft.): 6,621
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 72 x 71 x 94 x 93
- Frontage: Public Road
- Frontage Feet: 72
- Street/Road Desc.: Paved
- Irrigation System: None
- Lot Features: Regular, See Remarks, Build to Suit, Cleared
- Trees/Vegetation: Brush
- Zoning: RS-1
- Lot Description: Regular, See Remarks, Build to Suit, Cleared
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $3,611,842
- Tax Amount: $6,893
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: GULF ISLAND MANOR BLK B PB 8 PG 68 LOT 3.
- Property ID: 29-46-24-W2-0050B.0030
- Section: 29
- Block: B
- Lot Number: 3
Listed by KW Elevate Luxury
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Schools
Schools serving 118 Mandalay Rd
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Fort Myers Beach Elementary School 2751 Oak Street, Fort Myers Beach, FL 33931 | K-5 | 1 mi |
Lexington Middle School 16351 Summerlin Road, Fort Myers, FL 33908 | 6-8 | 4 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 7.4 mi |
Three Oaks Middle School 18500 Three Oaks Parkway, Fort Myers, FL 33967 | 6-8 | 8.3 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 7.1 mi |
Estero High School 21900 River Ranch Road, Estero, FL 33928 | 9-12 | 8.1 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 8.3 mi |
Bonita Springs Middle Center For The Arts 10141 West Terry Street, Bonita Springs, FL 34135 | 6-8 | 10.8 mi |
Paul Laurence Dunbar Middle School 4750 Winkler Avenue, Fort Myers, FL 33966 | 6-8 | 12.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 Mandalay Rd
Date
Details
Price
Change
Source
11/24/2025
Price Reduced
$549,000
-8.35%
MLS
5/06/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 118 Mandalay Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,340
-11%
$472,001
-11%
2024
$7,128
599%
$531,916
367%
2023
$1,020
-26%
$114,020
-68%
2021
$1,378
-3%
$357,485
223%
2022
$1,427
4%
$110,699
4%
2021
$1,378
7%
$105,991
4%
2018
$1,285
1%
$101,676
2%
2017
$1,270
2%
$99,585
2%
2016
$1,248
—
$97,537
-59%
2015
$1,248
-7%
$235,901
128%
2019
$1,336
8%
$103,608
-53%
2014
$1,235
—
$221,698
12%
2013
$1,232
—
$197,894
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 Mandalay Rd
118 Mandalay Rd, Fort Myers Beach, FL 33931 (MLS# 225044880) is a Residential Lots property with a lot size of 0.152 acres. 118 Mandalay Rd is currently listed for $549,000 and was received on May 06, 2025. Want to learn more about 118 Mandalay Rd? Do you have questions about finding other Residential Lots real estate for sale in Fort Myers Beach? You can browse all Fort Myers Beach real estate or contact a Coldwell Banker agent to request more information.

