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$875,000
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Property Description
Coastal Living Meets High Income Gross Income Potential - 131 Bay Mar Drive, Fort Myers Beach, FL Welcome to your slice of paradise on Fort Myers Beach! Ideally located mid-island on the serene and sought-after Bay Mar Drive, this versatile 3-bedroom, 4-bath home offers the ultimate beach lifestyle with a short walk to the white sands via nearby Hercules Drive beach access. Whether you're looking for a full-time residence, vacation retreat, or income-producing property, this home delivers. The grandfathered legal non-conforming ground floor apartment provides a rare opportunity for rental income or multigenerational living. The 800 sq. ft. apartment features epoxy floors, kitchenette and its own separate entrance. Upstairs, enjoy a spacious open layout featuring new carpet, fresh paint, and a new 2023 roof for peace of mind. Step outside to soak in the Florida sunshine with a private pool and spa, expansive wrap-around balcony, and a rooftop deck perfect for entertaining or stargazing. This mid-island gem offers the best of both worlds-just 2 miles south of the new Margaritaville Resort and the lively downtown scene. A short walk to your Deeded Beach Access at Anchorage St. or park nearby at Hercules Dr. For a change of pace enjoy a leisurely drive south to eclectic Bonita Springs or upscale Naples for world-class dining, shopping, and entertainment. Now is your chance to be a part of the rebuild and renaissance of Fort Myers Beach-where opportunity meets tropical tranquility. Don't miss this rare offering. Paradise is calling
Full Property Details
Full Property Details for 131 Bay Mar Dr
General
- Price: $875,000
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Bonita_Springs
- MLS ID: 225055507
- Updated: 1/2/2026
- Added to Site: 211 day(s) ago
Rental Information
- Lease/Rent Term: 30
- Min. Lease (Days): 30
Interior
- Interior Features: Attached Apartment, Family Room, Guest Room, Wired for Data, Pantry
- Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Primary Bathroom: Combo Tub And Shower, Shower Only
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Dining Room: Breakfast Bar, Dining - Family
- Laundry: Washer/Dryer Hookup, Inside
Additional Information
- Shared Amenities: Beach Access, Guest Room, Non-Gated
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Concrete
- Spa: Yes
- Spa Description: Concrete
- Security/Safety: Smoke Detector(s), Smoke Detectors
Exterior
- Exterior Features: Screened Balcony, Storage
- Porch/Patio/Deck: Screened Lanai/Porch, Deck, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 3
- Covered Spaces: 5
- Parking Features: Driveway Paved, Garage Door Opener, Attached, Detached Carport
Location
- Area: FB03 - Gulf Beach Road to Avenid
- County: Lee
- Subdivision: CASE SUBDIVISION
- Building Name: CASE SUBDIVISION
- Driving Directions: Estero Blvd to Bay Mar Dr.
- Direction Faces: South
Community
- Assoc. Fees Include: None
- Units Assoc/Comm: 2
- Pets Allowed: Yes
- Management Type: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Assessment Paid
- Water: Assessment Paid
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Architectural Style: Garden Apt
- Description/Design: Single Family Residence
- Exterior Const.: Concrete Block, Wood Frame, Stone, Stucco
- Roof: Rolled/Hot Mop, Shingle
- Windows: Single Hung, Sliding
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 2,644
- Sq. Ft. Source: Field Measurements
- Living Area: 2,644 Sq. Ft.
- Year Built: 1973
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: None/Other
- Lot Size (Acres): 0.172
- Lot Size (Sq. Ft.): 7,492
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 78 x 78 x 101 x 101
- Frontage: Public Road
- Frontage Feet: 78
- Street/Road Desc.: Paved
- Road Maintenance: City Maintained
- Irrigation System: None
- Lot Features: Oversize
- Zoning: RS-1
- Lot Description: Oversize
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Ownership: Single Family
- Legal Description: CASES SUBD PT LOT 55 PB 1 PG 58 FR C/C MON IN SELY COR LOT
- Property ID: 29-46-24-W2-00155.1100
- Section: 29
- Block: 155
- Lot Number: 55
Listed by Premiere Plus Realty Company
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Schools
Schools serving 131 Bay Mar Dr
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 | 0.9 mi |
Lexington Middle School 16351 Summerlin Road, Fort Myers, FL 33908 | 6-8 | 3.9 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 7.3 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 mi |
Estero High School 21900 River Ranch Road, Estero, FL 33928 | 9-12 | 8.2 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 8.2 mi |
Bonita Springs Middle Center For The Arts 10141 West Terry Street, Bonita Springs, FL 34135 | 6-8 | 10.9 mi |
Paul Laurence Dunbar Middle School 4750 Winkler Avenue, Fort Myers, FL 33966 | 6-8 | 12.8 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 131 Bay Mar Dr
Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$875,000
-5.41%
MLS
10/20/2025
Price Reduced
$925,000
-4.15%
MLS
8/01/2025
Price Reduced
$965,000
-2.53%
MLS
6/21/2025
Listed
$990,000
—
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 131 Bay Mar Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,698
-17%
$246,465
3%
2024
$3,243
2%
$239,519
3%
2023
$3,189
-1%
$232,543
-50%
2021
$3,210
-3%
$468,575
108%
2022
$3,307
3%
$225,770
4%
2021
$3,210
5%
$216,168
4%
2018
$3,049
1%
$207,368
-2%
2017
$3,025
-4%
$211,244
—
2019
$3,150
7%
$211,308
3%
2016
$2,956
2%
$204,362
-32%
2015
$2,899
3%
$300,200
15%
2014
$2,818
2%
$261,008
5%
2013
$2,764
—
$249,607
—
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 131 Bay Mar Dr
131 Bay Mar Dr, Fort Myers Beach, FL 33931 (MLS# 225055507) is a Single Family property with 3 bedrooms and 4 full bathrooms. 131 Bay Mar Dr is currently listed for $875,000 and was received on June 21, 2025. Want to learn more about 131 Bay Mar Dr? Do you have questions about finding other Single Family 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.

