Closed

Gateway Villas, 500 Estero Blvd #494, Fort Myers Beach, FL 33931

2Beds
2Baths
949SqFt

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Details

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Status:
Sold - Aug 22, 2025
Parking: No info
Size: 949 SqFt (88 m2)
Price: $854/SqFt ($9,187/m2)
Type: Condo
Built: 1979
HOA: N/A
MLS Number: 225039451
View: Gulf, Gulf and Bay
Updated: 0 Days ago
Page Views: 0
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.
Features
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Screened Lanai/Porch, Outdoor Shower
  • View: Gulf, Gulf and Bay
Interior, Heating and Cooling
  • Interior Features: Foyer
  • Equipment / Appliances: None
  • Heating Description: Central Electric
  • Cooling Description: Central Electric
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: No info
  • Construction Type: No info
  • Year Built: 1979
  • Style: High Rise (8+)
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Pets Allowed: Limits
    Taxes, Fees & More
    • Maintenance Includes: Insurance, Internet/WiFi Access, Lawn/Land Maintenance, Legal/Accounting, Manager, Sewer, Trash Removal, Water
    • Taxes: 3012
    • Security Information: Gated Community
    • Parking Description: 1 Assigned, Guest
    • Total Floors in Building: 1
    • Total Units in Building: 46

    Price History

    08/22/2025

    Date

    Sold

    Event

    $810K

    Price

    0%

    Change Rate

    $854 ft2 / $9,187 m2

    Price Per

    05/01/2025

    Date

    Price Reduced

    Event

    $810K

    Price

    -4.59%

    Change Rate

    $854 ft2 / $9,187 m2

    Price Per

    05/01/2025

    Date

    Price Reduced

    Event

    $849K

    Price

    -5.56%

    Change Rate

    $895 ft2 / $9,630 m2

    Price Per

    04/17/2025

    Date

    Listed

    Event

    $899K

    Price

    $947 ft2 / $10,197 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Denise ChambreKeller Williams Realty Fort Myers and the Islands • Buyer Agency Compensation .

    Instant Comps

    $700/ft²
    $700/ft²
    $900/ft²
    $1,000/ft²

    Unit #494 – Asking

    $854/ft²

    (+0%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $854/ft²
    Community $/Price Range (Closed) $854/ft² – $854/ft²
    No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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