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$975,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,008 Sq. Ft.
  • Updated 1 day ago
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Welcome to your fully renovated coastal retreat, perfectly suited as both a vacation home and an exceptional investment opportunity with a very strong rental history. This spacious property comfortably sleeps up to 12 guests and is located in a highly desirable *WEEKLY RENTAL* community with private beach access. Thoughtfully updated throughout, the home features a brand-new kitchen with quartz countertops, new appliances, and beautifully remodeled bathrooms with tiled walk-in showers and frameless glass doors. Additional living space on the lower level offers a versatile bonus room, while the upper-level screened porch and lower-level lanai provide inviting outdoor spaces to relax and entertain. Major improvements completed in 2025 include a brand-new heated pool, new Hardie board siding, a new privacy fence, and a new lower-level HVAC system. The pool equipment has been elevated to help protect against flooding, and both the pool equipment and HVAC are backed by 5-year manufacturer warranties. This property has a proven history of strong weekly rental income and is being offered with the opportunity to convey existing reservations. Whether you're looking for a personal beach getaway or an income-producing property, this home offers the perfect combination of modern updates, coastal charm, and outstanding rental potential.

Full Property Details for 197 Madison Ct

General

  • Price: $975,000
  • Taxes: (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 2026028238
  • Updated: 6/30/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Lease/Rent Term: 7
  • Min. Lease (Days): 7

Interior

  • Interior Features: Den - Study, Guest Bath
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Furnishings: Negotiable
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Dual Sinks, Shower Only

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Kitchen: Kitchen Island
  • Dining Room: Breakfast Bar, Eat-in Kitchen
  • Laundry: Inside

Additional Information

  • Shared Amenities: Beach Access, Boating, No Subdivision
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground, Concrete
  • Security/Safety: Smoke Detector(s), Smoke Detectors

Exterior

  • Exterior Features: Screened Balcony, Outdoor Shower
  • Porch/Patio/Deck: Patio

Parking

  • Parking Features: 2+ Spaces, Driveway Paved

Location

  • Area: FB03 - Gulf Beach Road to Avenid
  • County: Lee
  • Subdivision: EUCALYPTUS PARK
  • Building Name: EUCALYPTUS PARK
  • Direction Faces: Southeast

Community

  • Assoc. Fees Include: None
  • Units Assoc/Comm: 1
  • Pets Allowed: Yes
  • Management Type: None

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Central
  • Water: Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Single Family Residence
  • Exterior Const.: Elevated, Wood Frame, Stucco
  • Roof: Metal, Shingle
  • Windows: Double Hung
  • Stories/Levels: 2
  • Stories in Building: 1
  • Square Feet: 1,008
  • Sq. Ft. Source: Property Appraiser Office
  • Living Area: 1,008 Sq. Ft.
  • Year Built: 1992

Lot Features

  • Property View: None/Other
  • Lot Size (Acres): 0.088
  • Lot Size (Sq. Ft.): 3,833
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 40 x 40 x 100 x 100
  • Frontage Feet: 40
  • Fence: Yes
  • Irrigation System: None
  • Lot Features: Regular
  • Zoning: TFC2
  • Lot Description: Regular
  • Fencing (Description): Fenced

Water Features

  • Water Front Desc.: None
  • Canal Width: None
  • Boat Dock Slip: Yes

Financial Considerations

  • Tax Year: 2025
  • Terms: Buyer Finance/Cash, FHA, VA Loan

Disclosures and Reports

  • Ownership: Single Family
  • Legal Description: EUCALYPTUS PARK BLK A PB 4 PG 34 LOTS 5 + 6 OR 852 PG 197
  • Property ID: 29-46-24-W1-0020A.0050
  • Section: 29
  • Block: A
  • Lot Number: 5

Listed by Premiere Plus Realty Company

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— 197 Madison Ct —

  • Premiere Plus Realty Company

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 197 Madison Ct

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Fort Myers Beach Elementary School
2751 Oak Street, Fort Myers Beach, FL 33931
K-50.5 mi
Lexington Middle School
16351 Summerlin Road, Fort Myers, FL 33908
6-83.8 mi
Cypress Lake Middle School
8901 Cypress Lake Drive, Fort Myers, FL 33919
6-87.1 mi
Cypress Lake High School
6750 Panther Lane, Fort Myers, FL 33919
9-126.8 mi
South Fort Myers High School
14020 Plantation Road, Fort Myers, FL 33912
9-128.3 mi
Estero High School
21900 River Ranch Road, Estero, FL 33928
9-128.6 mi
Bonita Springs High School
25592 Imperial Parkway, Bonita Springs, FL 34135
9-1211.5 mi
Fort Myers High School
2635 Cortez Boulevard, Fort Myers, FL 33901
9-1213 mi
Dunbar High School
3800 Edison Avenue, Fort Myers, FL 33916
9-1214.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 197 Madison Ct Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/30/2026
Listed
$975,000
66.67%
MLS
8/15/2024
Sold
$585,000
—
Public Record
Get Price Alerts and Save Property
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 for 197 Madison Ct

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,645
58%
$542,471
44%
2024
$4,848
41%
$378,021
41%
2023
$3,447
-28%
$267,951
-32%
2021
$4,812
-1%
$396,322
11%
2022
$4,850
1%
$356,321
4%
2021
$4,812
4%
$341,167
4%
2018
$4,619
-3%
$328,659
-1%
2017
$4,755
—
$331,883
—
2019
$4,756
147%
$333,497
113%
2016
$1,928
—
$156,693
-44%
2015
$1,936
—
$280,499
16%
2014
$1,928
—
$241,799
5%
2013
$1,928
—
$230,490
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Premiere Plus Realty Company

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197 Madison Ct, Fort Myers Beach, FL 33931 (MLS# 2026028238) is a Single Family property with 2 bedrooms and 2 full bathrooms. 197 Madison Ct is currently listed for $975,000 and was received on June 30, 2026. Want to learn more about 197 Madison Ct? 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.

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