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$810,000
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Property Description
Sold unfurnished and without appliances.. 2 bed/2 bath DIRECT GULF FRONT Condo with a combination of a great northend beach location, popular floorplan, favorable rental rules, and owners are allowed pets. Gateway Villas on the northend of Fort Myers Beach has been a popular building with a gated entrance to the parking lot and lots of parking. INVESTORS - the building allows 7 days minimun rentals. This 4th floor unit had some damage and drywall was replaced as needed and electrical switches were replace wherever the drywall was replaced. The kitchen cabinets were recently removed and the cast iron plumbing in the kitchen was replaced. ALL new IMPACT sliders and windows; new air conditioner; and new water heater. Unit will be SOLD UPDATED - The kitchen will have white shaker cabinets, quartz countertops and backsplash, and the "drop down" ceiling is removed. The two bathrooms feature white shaker vanities, quartz countertops, marble tiled showers with shampoo inserts and glass shower doors. New interior doors and new tile on the balconies. Recessed lighting in the livingroom. Decorative ceiling beams in the bedrooms. New Flooring throughout. It will look like the photos of the recently renovated unit (attached). The corner unit is light and bright with extra windows and TWO balconies - one overlooks the beach and ocean; the other overlooks the bay and beach. This 2 bed / 2 bath unit will make a great personal residence or provide a sizable investment income. The building has 46 units over 8 floors. The building is in the final stages of repair and will feel brand new with new waterproof electirical room, refurbished pool area, new elevators (2 elevators), new roof (2023), and new landscaping. Maintenance fees of $781 per month include internet, unit water, building insurance and professional mgmt, and an on site maintenance manager. Some photos show pre-IAN and others show a recent remodel of the same type of unit. ALL ASSESSMENTS PAID INCLUDING $87,909 which was paid May 30 2025.
Full Property Details
Full Property Details for 500 Estero Blvd #494
General
- Sold For: $810,000
- HOA FEE: $781/month
- Taxes: $3,012 (2024)
- Status: Closed
- Type: Condo
- Source: Bonita_Springs
- MLS ID: 225039451
- Added to Site: 276 day(s) ago
Rental Information
- Lease/Rent Term: 7
- Min. Lease (Days): 7
Interior
- Interior Features: Common Elevator, Split Bedrooms, Great Room, Entrance Foyer
- Appliances: None
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Dining Room: Breakfast Bar, Dining - Family
- Laundry: Common Area, Washer/Dryer Hookup, Inside
Additional Information
- Shared Amenities: Private Beach, Beach Access, Pool, Private Membership, Gated
Exterior
- Exterior Features: Outdoor Shower
- Porch/Patio/Deck: Screened Lanai/Porch
Parking
- Parking Features: 1 Assigned, Guest
Location
- Area: FB01 - Bodwitch Pointe to Cresce
- County: Lee
- Subdivision: GATEWAY VILLAS
- Building Name: GATEWAY VILLAS
- Direction Faces: Northeast
Community
- Association: Yes
- Assoc. Fees Include: Insurance, Internet, Maintenance Grounds, Legal/Accounting, Manager, Sewer, Trash, Water
- Units Assoc/Comm: 46
- Pets Allowed: Yes
- Number of Pets: 2
- Management Type: Professional
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Central
- Water: Central
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Description/Design: High Rise (8+)
- Exterior Const.: Concrete Block, Piling, Concrete, Stucco
- Roof: Built-Up or Flat
- Common Walls: Corner, End Unit
- Windows: Impact Resistant, Impact Resistant Windows
- Doors: Impact Resistant Doors
- Entry Floor Number: 4
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 949
- Sq. Ft. Source: Property Appraiser Office
- Living Area: 949 Sq. Ft.
- Year Built: 1979
- Other Struct. Feat.: Elevator
Lot Features
- Property View: Gulf, Gulf and Bay
- Lot Size Source: Field Measurements
- Irrigation System: Other
- Lot Features: Dead End
- Lot Description: Dead End
Water Features
- Water Front: Yes
- Water Front Desc.: Gulf Frontage, On the Gulf Beach
Financial Considerations
- Condo Fee: $781
- Condo Fee Freq: Monthly
- Tax Amount: $3,012
- Tax Year: 2024
- Terms: Buyer Finance/Cash, Seller Pays Title
Disclosures and Reports
- Ownership: Condo
- Legal Description: GATEWAY VILLAS CONDO OR 1668 PG 0354 UNIT 494
- Property ID: 24-46-23-W1-02300.4940
- Section: 24
- Block: 2300
- Lot Number: 494
Listed and Sold by Keller Williams Realty Fort Myers and the Islands
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Schools
Schools serving 500 Estero Blvd #494
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 | 1.6 mi |
Lexington Middle School 16351 Summerlin Road, Fort Myers, FL 33908 | 6-8 | 4.1 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 7.1 mi |
Three Oaks Middle School 18500 Three Oaks Parkway, Fort Myers, FL 33967 | 6-8 | 10.4 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 6.8 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 9 mi |
Estero High School 21900 River Ranch Road, Estero, FL 33928 | 9-12 | 10.6 mi |
Fort Myers Middle Academy 3050 Central Avenue, Fort Myers, FL 33901 | 6-8 | 12.7 mi |
Paul Laurence Dunbar Middle School 4750 Winkler Avenue, Fort Myers, FL 33966 | 6-8 | 13.3 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 500 Estero Blvd #494
Date
Details
Price
Change
Source
8/22/2025
Sold
$810,000
-4.59%
MLS
5/01/2025
Price Reduced
$849,000
-5.56%
MLS
4/17/2025
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
500 Estero Blvd #494, Fort Myers Beach, FL 33931 (MLS# 225039451) is a Condo property that was sold at $810,000 on August 22, 2025. Want to learn more about 500 Estero Blvd #494? Do you have questions about finding other Condo 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.

