Gateway Villas Condos For Sale

Fort Myers Beach, FL 33931

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Results 2 of 2
Gateway Villas, 500 Estero Blvd #695, Fort Myers Beach, Florida 33931, image 1Gateway Villas, 500 Estero Blvd #695, Fort Myers Beach, Florida 33931, image 2
$580,000
$590,000
Gateway Villas
500 Estero Blvd #695, Fort Myers Beach, FL 33931
MLS# 225009505
1
Beds
1
Baths
681
SqFt
1.7% Increase (+$10,000)
0
Garage
$866
$/SqFt
This is it! Rare offering! Breathtaking views...glorious sunsets...direct beachfront...and absolutely mesmerizing sounds and sights of island life. Popular gateway villas is located on the north end of the island and close enough to walk or bike to all the fun of time square.... And super easy to get off the island with no waiting! Just perfect! This 6th floor unit enjoys a corner balcony with an amazing view of our world famous white sand beach. New impact sliders, ac and more. Lovely and adorable condo with a wonderfully beachy vibe. Furnished turn-key with plantation shutters throughout. Plus, this is a weekly rental that has historically been an extremely popular rental both in season and off! An absolutely fantastic location and pet friendly for owners! More pictures coming!
Fort Myers Beach Realty
Gateway Villas, 500 Estero Blvd #494, Fort Myers Beach, Florida 33931, image 1Gateway Villas, 500 Estero Blvd #494, Fort Myers Beach, Florida 33931, image 2
$899,000
Gateway Villas
500 Estero Blvd #494, Fort Myers Beach, FL 33931
MLS# 225039451
2
Beds
2
Baths
949
SqFt
0.0%
0
Garage
$947
$/SqFt
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 and lots of parking. The building was a highly sought location pre-ian and will be even better once construction is completed in june/july 2025. 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. 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), and new landscaping. Maintenance fees of $781 per month include internet, unit water, building insurance and professional mgmt, and an on site maintenance manager. The building is planned to be ready for owner occupancy in june / July 2025. The milestone inspection is done and the repairs are in the final stage of completion and will see the building through to the next inspection in 10 years. The owners received 70k pre -ian in rental income (after all rental expenses) and this is projected to 100k in 2026 (proforma attached). Sold as is and there is an assessment pending may 30 of approx $88,000. A couple photos show now, most show pre-ian and others show a recent remodel of the same type of unit. The current bathrooms and tile floor look to be usable - owner can opt to just update the kitchen and paint the unit or do a full remodel. Construction site -- need closed toed shoes, hard hat, reflective vest and signed waiver to visit the site. Owner/agent will meet you there with necessary equipment.
Keller Williams Realty Fort Myers and the Islands
THINKING OF SELLING IN Gateway Villas, FL?
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3D Virtual Tour

Professional Photos

Syndicated Exposure

Subdivision Amenities

Beach Access
Bike Storage
Common Laundry
Pool
Shuffleboard Court
Sidewalk
Streetlight
Trash Chute
Barbecue
Beach Access
Common Laundry

Frequently Asked Questions

The condo dues at Gateway Villas cover: Legal/Accounting, Manager, Pest Control Interior, Sewer, Trash Removal, Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Irrigation Water, Laundry Facilities, Pest Control Exterior, Rec Facilities, Reserve, Insurance, Security.

Gateway Villas Interior features include: Smoke Detectors, Bar, Smoke Detectors, Window Coverings, Window Coverings

Gateway Villas unit views: Gulf, Gulf and Bay, Gulf and Bay, Partial Gulf, Water, Partial Bay

Scores

Walk Score®

Car-Dependent. Most errands require a car.

33

100

Transit Score®

No data.

N/A

Bike Score®

Bikeable. Some bike infrastructure.

58

100

Sound Score®

Bearable noise.

76

100

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